Kalahridhaan Trendz Limited IPO

Price
₹45
Lot
3000
Subs.
8.15
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 15-Feb-2024
Close Date: 20-Feb-2024
Allotment Date: 21-Feb-2024
Listing Date: 23-Feb-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹45 Per Equity Share
Issue Size: Total Issue Size 4,998,000 shares (aggregating up to ₹22.49 Cr) : Fresh Issue 4,998,000 shares (aggregating up to ₹22.49 Cr)
Market Lot (Min Amount): Retail - ₹135,000 : HNI - ₹270,000
Subscription Details Updated at End of the Day

As on

QIB / Nll

Rll

Total

Shares Offered/Reserved2,625,0002,373,000 
Day 1 - 15-02-24 
05:00 PM
0.78x1.47x0.00x
Day 2 - 16-02-24 
05:00 PM
1.00x2.51x1.76x
Day 3 - 19-02-24 
05:00 PM
1.82x4.46x3.14x
Day 4 - 20-02-24 
05:00 PM
6.66x9.63x8.15x
Total No. of Application:7,618 (Approx.)
Retail Subscription on the basis of Apps:9.63x
Valuations

Earning Per Share(EPS)5.46/-
P/E Ratio8.24
RoNW36.75%
Net Asset Value (NAV) - Post Issue:29.74/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,202310,979.308,434.54478.72
31 Mar,202310,962.5518,417.01666.01
31 Mar,202210,297.9418,390.46246.20
31 Mar,20215,979.3613,235.91110.54
Promoter(s)

Pre Issue Share Holding96.22%
Post Issue Share Holding68.24%
Company Promoter(s)
1. Niranjan Agarwal
2. Aditya Agarwal
3. Sunitadevi Agarwal
Issue Objective(s)

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Working capital requirement
  2. General Corporate Purpose, and
  3. Meeting Public Issue Expenses.
About Company

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.

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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Thank you.