IPO Issue Details
Issue Price / Price Band₹58 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size36,60,000 shares (aggregating up to ₹21.23 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 10 Jul 2023
Subscription CloseWed, 12 Jul 2023
Anchor AllotmentSun, 09 Jul 2023
Basis of AllotmentMon, 17 Jul 2023
Initiation of RefundsTue, 18 Jul 2023
Credit of Shares to DematWed, 19 Jul 2023
Listing DateWed, 19 Jul 2023
UPI Mandate Deadline2023-07-12
Application & Investment Details
Retail — Min (1 Lots)₹1,16,000 — 2,000 shares
Retail — Max (13 Lots)₹1,508,000 (13 Lots)
HNI — Min (2 Lots)₹2,32,000 — 4,000 shares
EPS (Pre-IPO)₹7.19
P/E Ratio (Pre-IPO)11.03x
Net Offer to Public34,68,000 shares (aggregating up to ₹20.11 Cr)
Reserved for Market Maker1,92,000 shares (aggregating up to ₹1.11 Cr)
Pre-IPO Promoter Holding1,00,00,000 shares
Post-IPO Promoter Holding1,36,60,000 shares
About Kaka Industries Ltd.
Incorporated in 2019, Kaka Industries Limited manufactures polymer-based profiles for application in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets & other interior and exterior works.The company's product portfolio has over 1200 SKUs covering PVC Profile, uPVC door & window profile, WPC Profile & sheets in various sizes, specifications, and colors. It is also engaged in the fabrication of factory-made PVC & Solid PVC doors. Except for WPC (Wood-polymer composite) profile and doors, all the products are non-wood based, which substitutes wood products and results in the saving of trees.Kaka Industries has three manufacturing units in village Zak, Gandhinagar district, Gujarat, which has a combined installed capacity of 15,425 MT for manufacturing PVC profile, 2,995 MT for WPC profile & sheet, 2,022 MT for uPVC door & window profile. It also has a well-equipped laboratory, modern technology, and testing equipment with supporting environment and facilities, to ensure that the products conform with the desired quality.The company's distribution network comprises 3 depots situated in Gagilapur (Telangana), Dadri (Uttar Pradesh), and Surat (Gujarat).
Objects of the Issue
Kaka Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet Working Capital requirements
7.75
2
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
7.30
3
General Corporate Purpose
3.84
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,00,00,000 shares
Post-IPO Promoter Holding
1,36,60,000 shares