Issue Price
₹66
Per Share
GMP
NIL
Grey Market
Est. Listing
₹66
Expected Price
Min. Application
₹264,000
2 lots × 2000 shares
ncorporated in October 2012, Kalana Ispat Limited is primarily involved in manufacturing M.S. Billets and Alloy Steel Billets of various grades.The company's business can be divided into segmentsSale of Products, andSale of Services.The manufacturing facility has been duly certified by international standards of quality management systems such as ISO 2830:2012.The company's manufacturing unit has an annual capacity of 38000MT/Annum.Competitive StrengthInnovation focused business model;Consistent track record of profitable growth due to a scalable business model;Established and proven track record;Experienced Promoters and dedicated employeesEnhancing Promoters Experience; andCordial relations with their customers.As of September 2024, the company has three key management personnel (KMPs) and fifteen employees on its payroll. Additionally, the company arranges for temporary manpower per its production requirements from service agencies.
Kalana Ispat Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 248,000 | — | ₹1.64 Cr | — |
| TOTAL | 4,938,000 | 100.00% | ₹32.59 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| sNII (Min) | 14 | 28,000 | ₹1,848,000 |
| bNII (Min) | 68 | 136,000 | ₹8,976,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 7394.46 | 8335.87 | 5793.32 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 236.70 | 50.09 | 13.66 |
| Net Worth | 1081.58 | 441.94 | 391.65 |
| Total Assets | 1885.71 | 1617.46 | 1264.89 |
| Reserves & Surplus | 271.46 | 339.70 | 289.61 |
| Total Borrowings | 461.38 | 861.79 | 260.57 |