Kataria Industries Limited IPO

Kataria Industries Limited IPO

  • IPO Date16 Jul, 2024 to 19 Jul, 2024
  • Listing Date24 Jul, 2024
  • Face Value₹10 per share
  • Issue Price₹91 to ₹96 per share
  • Lot Size1200 Shares
  • Minimum Investment₹1,15,200
  • Listing AtNSE SME
  • Total Issue Size56,85,000 Shares
    (aggregating up to ₹54.58 Cr)
  • Fresh Issue56,85,000 Shares
    (aggregating up to ₹54.58 Cr)
  • Offer for Sale-
  • Issue TypeBook Built Issue IPO
  • Share holding pre issue1,58,46,834
  • Shareholding post issue2,15,31,834
IPO Dates

Closing Date

19 Jul, 2024

Initiation of Refunds

23 Jul, 2024

Listing Date

24 Jul, 2024

16 Jul, 2024

Opening Date

22 Jul, 2024

Basis of Allotment

23 Jul, 2024

Credit of Shares

UPI Mandate Expiry Date:19 Jul, 2024

Kataria Industries Limited Lot Size

Investors can bid for a minimum of 1200 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.

ApplicationLotsSharesAmount
S-HNI (Max)---
S-HNI (Min)22400₹2,30,400
Retail (Min)11200₹1,15,200
B-HNI (Min)---
Retail (Max)11200₹1,15,200

Kataria Industries Limited Promoter Holding

The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.

Pre Issue Share HoldingPost Issue Share Holding
100%-

Kataria Industries Limited COMPANY INFORMATION

Kataria Industries IPO is a book built issue of Rs 54.58 crores. The issue is entirely a fresh issue of 56.85 lakh shares. Kataria Industries IPO opens for subscription on July 16, 2024 and closes on July 19, 2024. The allotment for the Kataria Industries IPO is expected to be finalized on Monday, July 22, 2024. Kataria Industries IPO will list on NSE SME with tentative listing date fixed as Wednesday, July 24, 2024. Kataria Industries IPO price band is set at ₹91 to ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400. Interactive Financial Services Ltd is the book running lead manager of the Kataria Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Refer to Kataria Industries IPO RHP for detailed information.

Incorporated in 2004, Kataria Industries Limited manufactures and supplies Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head, and Wedges), HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors. The company's wide range of products is used in various sectors, including Infrastructure, Roads, Bridges, Flyovers, Metros, Railways, High-Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission, and Distribution Lines.

The product portfolio of the company comprises the following:-

  • LRPC Strands
  • Polymer-coated grease/wax-filled LRPC Strands
  • Galvanised LRPC Strands
  • Galvanised PE Coated LRPC Strands
  • Specialised LRPC Strands (19 Strands and Upto 23.00 mm)

The company has two manufacturing plants in Ratlam, Madhya Pradesh, both equipped with essential machinery, infrastructure, and in-house testing facilities to ensure our products meet standards.

The company's manufacturing facility is certified for quality management systems under ISO 9001:2015.

The company serves both domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.

As of December 31, 2023, the company employs 71 permanent workers in various departments.

Analysis of KATARIA INDUSTRIES LIMITED IPO

Summary of Red Herring Prospectus

The Red Herring Prospectus provides comprehensive information about the initial public offering (IPO) of KATARIA INDUSTRIES LIMITED. It includes details about the company, issue size, eligibility, risks, and general information for potential investors.

Important Points

  1. The document outlines the financial indebtedness, outstanding litigation, and government approvals of the company.
  2. It emphasizes the importance of reading the "Risk Factors" and "Restated Financial Statements" sections before making an investment decision.
  3. The prospectus highlights the significance of infrastructure development in India and its impact on the economy.
  4. It provides financial information approved by the Board of Directors for the IPO.
  5. The document includes a disclaimer from SEBI regarding the approval of the Red Herring Prospectus.
  6. It details the rules, processes, and procedures applicable to public issues in general.

Pros and Cons

Pros

  • Comprehensive information about the company's financial status and infrastructure development in India.
  • Detailed financial information approved by the Board of Directors.
  • Clear guidelines and procedures for potential investors.

Cons

  • The disclaimer from SEBI highlights the need for caution regarding the information provided in the prospectus.
  • The document emphasizes the high degree of risk involved in investing in the IPO.

SEO-Optimized Content

Analysis of KATARIA INDUSTRIES LIMITED IPO

The Red Herring Prospectus for the KATARIA INDUSTRIES LIMITED IPO provides valuable insights for potential investors. It outlines the company's financial status, infrastructure development in India, and the risks associated with the investment. The document offers comprehensive information approved by the Board of Directors, along with clear guidelines for potential investors. However, it's important to note the disclaimer from SEBI, which emphasizes the need for caution when considering the information provided in the prospectus. The document also highlights the high degree of risk involved in investing in the IPO. Potential investors should carefully review the "Risk Factors" and "Restated Financial Statements" sections before making any investment decisions. The prospectus also details the rules, processes, and procedures applicable to public issues in general, providing a clear understanding of the IPO process. Overall, the Red Herring Prospectus offers a comprehensive overview of the IPO, enabling potential investors to make informed decisions.

FAQs About Kataria Industries Limited Ipo

Kataria Industries Limited IPO will open on 16 Jul, 2024 and close on 19 Jul, 2024. Investors must apply within this period to participate.

The Kataria Industries Limited IPO price band is set between ₹91.00 and ₹96.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹115200.00.

The Kataria Industries Limited IPO shares are expected to be listed on 24 Jul, 2024, subject to regulatory approvals and final allotment.

You can track your Kataria Industries Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The Kataria Industries Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.