
Kalyani Cast Tech Ltd
- IPO Date08 Nov, 2023 to 10 Nov, 2023
- Listing Date21 Nov, 2023
- Face Value₹10 per share
- Issue Price₹137 to ₹139 per share
- Lot Size1000 Shares
- Minimum Investment₹1,39,000
- Listing AtBSE SME
- Total Issue Size21,66,000 Shares
(aggregating up to ₹30.11 Cr) - Fresh Issue21,66,000 Shares
(aggregating up to ₹30.11 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue50,14,500
- Shareholding post issue71,80,502
IPO Dates
Closing Date
10 Nov, 2023
Initiation of Refunds
20 Nov, 2023
Listing Date
21 Nov, 2023
08 Nov, 2023
Opening Date
16 Nov, 2023
Basis of Allotment
20 Nov, 2023
Credit of Shares
Kalyani Cast Tech Ltd Lot Size
Investors can bid for a minimum of 1000 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 (Min) | 1 | 1000 | ₹1,39,000 |
| Retail (Max) | 1 | 1000 | ₹1,39,000 |
| HNI (Min) | 2 | 2000 | ₹2,78,000 |
Kalyani Cast Tech Ltd Promoter Holding
The promoters of the Company are Mr Naresh Kumar, Mr Javed Aslam, Mr Nathmal Bangani, Ms Kamala Kumari Jain and Ms Muskan Bangani
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 69.83% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 78.64% |
| ROCE | 67.56% |
| RoNW | 56.45% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.67 | 16.03 |
| P/E (x) | 8.67 | 16.03 |
Kalyani Cast Tech Ltd COMPANY INFORMATION
Kalyani Cast Tech IPO is a book built issue of Rs 30.11 crores. The issue is entirely a fresh issue of 21.66 lakh shares. Kalyani Cast Tech IPO opens for subscription on November 8, 2023 and closes on November 10, 2023. The allotment for the Kalyani Cast Tech IPO is expected to be finalized on Thursday, November 16, 2023. Kalyani Cast Tech IPO will list on BSE SME with tentative listing date fixed as Tuesday, November 21, 2023. Kalyani Cast Tech IPO price band is set at ₹137 to ₹139 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹139,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹278,000. Gretex Corporate Services Limited is the book running lead manager of the Kalyani Cast Tech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Kalyani Cast Tech IPO is Gretex Share Broking. Refer to Kalyani Cast Tech IPO RHP for detailed information.
Incorporated in 2012,& Kalyani Cast Tech Ltd is engaged in the casting business with an in-house & machining facility. Kalyani Cast is engaged in the manufacturing of products such as Bearing housing for electrical loco, MG Coupler Components, Adapters for WDG4 Loco, CI Brake Blocks and so on.
The company specialize in manufacturing cargo containers, including ISO containers (20', 25', 40', 42') and custom containers for parcel cargo, two & three-wheelers, dwarf, and cuboid containers.
The company serve diverse clients including Indian railways, mining, cement, chemicals, fertilizer, and power plants.
The competitive strength of the company includes:
- Experienced Promoter and Management Team
- The company uses networking channels to identify its core customers and create effective marketing strategies for customized solutions.
- The company distinguishes itself from competitors by providing exceptional services.
FAQs About Kalyani Cast Tech Ltd
Kalyani Cast Tech Ltd will open on 08 Nov, 2023 and close on 10 Nov, 2023. Investors must apply within this period to participate.
The Kalyani Cast Tech Ltd price band is set between ₹137.00 and ₹139.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹139000.00.
The Kalyani Cast Tech Ltd shares are expected to be listed on 21 Nov, 2023, subject to regulatory approvals and final allotment.
You can track your Kalyani Cast Tech Ltd application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Kalyani Cast Tech Ltd will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.