Kataria Industries IPO will open for subscription from 16 July 2024. The company aims for an issue size of ₹54.58 Cr through this IPO.
Company Overview
Full name | Kataria Industries Limited |
Sector | Capital Goods |
Industry | Engineering |
Company Website | https://www.katariaindustries.co.in/ |
About Company
Kataria Industries manufactures and supplies a variety of products, including Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems (Anchor Cone, Anchor Head, and Wedges), HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors. These products are utilized in various sectors, such as infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, and power transmission and distribution lines.
The company has two manufacturing plants in Ratlam, Madhya Pradesh, equipped with essential machinery, infrastructure, and in-house testing facilities to ensure its products meet industry standards. The company serves domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil. The annual combined capacity of both plants is as follows:
- Wire Division (LRPC strands and steel wires): 38,000 metric tons (MT)
- PTS Division:
- Anchor Head, Wedges, and Couplers: 792,000 units
- HDPE SWC Duct Pipe: 900,000 meters (MTR)
- Conductor Division: 9,000 metric tons (MT)
The Objectives of the Issue
- Capital Expenditure for plant and machinery;
- Repayment of Debt
- General corporate purposes
Kataria Industries IPO Timetable
IPO Opening date | 16 July 2024 |
IPO Closing | 19 July 2024 |
Basis of Allotment | 22 July 2024 |
Initiation Refund | 23 July 2024 |
Credit to Demat Account | 23 July 2024 |
Listing Date | 24 July 2024 |
Kataria Industries Offer details
Issue type | Book Built Issue IPO |
IPO issue size | ₹54.58 Cr – 5,685,000 shares |
Fresh Issue | ₹54.58 Cr – 5,685,000 shares |
Offer for sale | Nil |
Face value | ₹10 per share |
Price Band | ₹91 to ₹96 per share |
Lot size | 1200 Shares |
Market Maker portion | 288,000 shares |
Shareholding pre-issue | 15,846,834 |
Shareholding post-issue | 21,531,834 |
Listing Exchange | NSE SME |
Kataria Industries IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹115,200 |
Retail (Max) | 1 | 1200 | ₹115,200 |
HNI (Min) | 2 | 2,400 | ₹230,400 |
Kataria Industries Offer Documents
Kataria Industries IPO Reservation Details
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | 1,617,600 (28.45%) |
Market Maker Shares Offered | 288,000 (5.07%) |
QIB Shares Offered | 1,081,000 (19.01%) |
NII (HNI) Shares Offered | 809,000 (14.23%) |
Retail Shares Offered | 1,889,400 (33.23%) |
Total Shares Offered | 5,685,000 (100%) |
Kataria Industries Financial Performance
FY 2022 | FY 2023 | FY 2024 | |
Revenue | 249.63 | 331.83 | 339.13 |
Expenses | 239.83 | 325.65 | 326.58 |
Net income | 7.38 | 7.78 | 10.02 |
Kataria Industries Valuations & Margins
FY 2022 | FY 2023 | FY 2024 | |
EPS | 4.66 | 4.91 | 6.32 |
PE ratio | – | – | 14.40 – 15.19 |
RONW (%) | 26.31 | 21.70 | 22.03 |
NAV | 17.71 | 22.62 | 28.71 |
ROCE (%) | 12.23 | 9.31 | 17.40 |
EBITDA (%) | 7.31 | 4.75 | 6.76 |
Debt/Equity | 3.26 | 2.98 | 1.38 |
Company Promoters
- Sunil Kataria
- Arun Kataria
- Anoop Kataria.
Promoter Holding
Pre Issue Share Holding | 100% |
Post Issue Share Holding |
Kataria Industries Offer GMP Update
Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
23 July 2024 | 68 | – | 62,500 |
22 July 2024 | 68 | – | 62,500 |
20 July 2024 | 65 | – | 61,500 |
19 July 2024 | 60 | – | 57,000 |
18 July 2024 | 50 | – | 45,000 |
17 July 2024 | 50 | – | 45,000 |
16 July 2024 | 46 | – | 42,000 |
15 July 2024 | 45 | – | 40,000 |
Kataria Industries IPO Subscription Update
Category | Subscription (times) |
---|---|
QIB | 171.04 |
NII | 970.17 |
Retail | 274.61 |
Total | 393.87 |
Kataria Industries IPO Allotment Status
Kataria Industries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Kataria Industries IPO Listing Details
Listing Date | 24 July 2024 |
BSE Scrip Code | – |
NSE Symbol | KATARIA |
ISIN | INE0SVY01018 |
Final Issue Price | ₹96 per share |
Kataria Industries IPO Listing Day Update
Listing Exchange | NSE SME |
Final Issue Price | ₹96.00 |
Open | ₹182.40 |
Low | ₹182.40 |
High | ₹191.50 |
Last Trade | ₹191.50 |
Kataria Industries Lead Manager(s)
INTERACTIVE FINANCIAL SERVICES LIMITED
Office No. 508, Fifth Floor, Priviera,
Nehru Nagar, Ahmedabad – 380 015, Gujarat
Phone: +91-9898055647
Email: mbd@ifinservices.in
Website: www.ifinservices.in
Kataria Industries Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Kataria Industries Contact Details
KATARIA INDUSTRIES LIMITED
34-38 and 44, Industrial Area,
Ratlam, Madhya Pradesh-457001 India
Phone: 07412 299407, 07412 261012
E-mail: info@katariagroup.co.in
Website: www.katariaindustries.co.in
Kataria Industries IPO FAQs
What is the Kataria Industries offer size?
Kataria Industries offer size is ₹ 51.73 – 54.58 crores.
What is the Kataria Industries offer price band?
Kataria Industries public offer price is ₹ 91 – 96 per share.
What is the lot size of the Kataria Industries IPO?
Kataria Industries offer a lot size is 1,200 shares.
What is Kataria Industries Offer GMP today?
Kataria Industries IPO GMP today is ₹ 68 per share.
What is the Kataria Industries kostak rate today?
Kataria Industries kostak rate today is ₹ NA per application.
What is Kataria Industries Subject to the Sauda rate today?
Kataria Industries is Subject to the Sauda rate today is ₹ 62,500 per application.
Final thoughts
Kataria Industries IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing