Kalahridhaan Trendz Limited IPO
- IPO Date15 Feb, 2024 to 20 Feb, 2024
- Listing Date23 Feb, 2024
- Face Value₹10 per share
- Issue Price₹45 to ₹45 per share
- Lot Size3000 Shares
- Minimum Investment₹1,35,000
- Listing AtNSE SME
- Total Issue Size49,98,000 Shares
(aggregating up to ₹22.49 Cr) - Fresh Issue49,98,000 Shares
(aggregating up to ₹22.49 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue1,21,89,000
- Shareholding post issue1,71,87,000
IPO Dates
Closing Date
20 Feb, 2024
Initiation of Refunds
22 Feb, 2024
Listing Date
23 Feb, 2024
15 Feb, 2024
Opening Date
21 Feb, 2024
Basis of Allotment
22 Feb, 2024
Credit of Shares
Kalahridhaan Trendz Limited Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| HNI (Min) | 2 | 6000 | ₹2,70,000 |
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
Kalahridhaan Trendz Limited Promoter Holding
Niranjan Agarwal, Aditya Agarwal and Sunitadevi Agarwal are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 96.22% | 68.24% |
Kalahridhaan Trendz Limited COMPANY INFORMATION
Kalahridhaan Trendz IPO is a fixed price issue of Rs 22.49 crores. The issue is entirely a fresh issue of 49.98 lakh shares. Kalahridhaan Trendz IPO bidding started from February 15, 2024 and ended on February 20, 2024. The allotment for Kalahridhaan Trendz IPO was finalized on Wednesday, February 21, 2024. The shares got listed on NSE SME on February 23, 2024. Kalahridhaan Trendz IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹270,000. Interactive Financial Services Ltd is the book running lead manager of the Kalahridhaan Trendz IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Kalahridhaan Trendz IPO is Sunflower Broking. Refer to Kalahridhaan Trendz IPO RHP for detailed information.
Kalahridhaan Trendz Limited was founded in 2016 and is a company that dyes and processes textiles.
The company is engaged in manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market.
The company has two divisions:
- Embroidery and knitting
- Dyeing and printing of cloths
The company's manufacturing facility is located in Ahmedabad, Gujrat, and has a production capacity of 1.00 lakh metres per day.
As on December 31, 2023, the company employed a total of 12 permanent employees in various departments.
FAQs About Kalahridhaan Trendz Limited Ipo
Kalahridhaan Trendz Limited IPO will open on 15 Feb, 2024 and close on 20 Feb, 2024. Investors must apply within this period to participate.
The Kalahridhaan Trendz Limited IPO price band is set between ₹45.00 and ₹45.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹135000.00.
The Kalahridhaan Trendz Limited IPO shares are expected to be listed on 23 Feb, 2024, subject to regulatory approvals and final allotment.
You can track your Kalahridhaan Trendz Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Kalahridhaan Trendz Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.