IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size49,98,000 shares (aggregating up to ₹22.49 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 15 Feb 2024
Subscription CloseTue, 20 Feb 2024
Anchor AllotmentWed, 14 Feb 2024
Basis of AllotmentWed, 21 Feb 2024
Initiation of RefundsThu, 22 Feb 2024
Credit of Shares to DematThu, 22 Feb 2024
Listing DateFri, 23 Feb 2024
UPI Mandate Deadline2024-02-20
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
EPS (Pre-IPO)₹5.46
EPS (Post-IPO)₹5.57
P/E Ratio (Pre-IPO)8.24x
P/E Ratio (Post-IPO)8.08x
Net Offer to Public47,46,000 shares (aggregating up to ₹21.36 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹1.13 Cr)
Pre-IPO Promoter Holding1,21,89,000 shares
Post-IPO Promoter Holding1,71,87,000 shares
About Kalahridhaan Trendz Ltd
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 knittingDyeing and printing of clothsThe 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.
Objects of the Issue
Kalahridhaan Trendz Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working capital requirement
2
General Corporate Purpose, and
3
Meeting Public Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,21,89,000 shares
Post-IPO Promoter Holding
1,71,87,000 shares