Kalyani Cast Tech Ltd IPO

Price
₹137 - ₹139
Lot
1000
Subs.
208.59
Expected Listing Earning

Exp. Premium(GMP):
125.10(90.00%)
IPO Details

Open Date: 08-Nov-2023
Close Date: 10-Nov-2023
Allotment Date: 10-Nov-2023
Listing Date: 17-Nov-2023
Listing Price: ₹409.4/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹137-139 Per Equity Share
Issue Size: Total Issue Size 2,166,000 shares (aggregating up to ₹30.11 Cr) : Fresh Issue 2,166,000 shares (aggregating up to ₹30.11 Cr)
Market Lot (Min Amount): Retail - ₹139,000 : HNI - ₹278,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved361,000271,000632,0001,264,000
Day 1 - 08-11-23 
05:00 PM
3.52x4.05x7.80x5.78x
Day 2 - 09-11-23 
05:00 PM
7.51x29.34x39.46x28.17x
Day 3 - 10-11-23 
05:00 PM
66.35x439.20x190.95x208.59x
Total No. of Application:1,58,014 (Approx.)
Retail Subscription on the basis of Apps:250.02x
Valuations

Earning Per Share(EPS)16.03/-
P/E Ratio8.67
RoNW56.45%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20232,420.196,336.46803.79
31 Mar,20221,599.544,947.12117.33
31 Mar,20211,367.881,135.2635.36
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share Holding69.83%
Company Promoter(s)
1. Mr Naresh Kumar
2. Mr Javed Aslam
3. Mr Nathmal Bangani
4. Ms Kamala Kumari Jain
5.  Ms Muskan Bangani
Issue Objective(s)

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects

a) Working Capital Requirements

b) General Corporate Purposes.

About Company

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.
Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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