IPO Issue Details
Issue Price / Price Band₹139 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size21,66,000 shares (aggregating up to ₹30.11 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 08 Nov 2023
Subscription CloseFri, 10 Nov 2023
Anchor AllotmentTue, 07 Nov 2023
Basis of AllotmentMon, 13 Nov 2023
Initiation of RefundsWed, 15 Nov 2023
Credit of Shares to DematFri, 17 Nov 2023
Listing DateFri, 17 Nov 2023
UPI Mandate Deadline2023-11-10
Application & Investment Details
Retail — Min (1 Lots)₹1,39,000 — 1000 shares
Retail — Max (13 Lots)₹1,807,000 (13 Lots)
HNI — Min (2 Lots)₹2,78,000 — 2,000 shares
EPS (Pre-IPO)₹16.03
P/E Ratio (Pre-IPO)8.67x
P/E Ratio (Post-IPO)8.49x
Net Offer to Public18,04,000 shares (aggregating up to ₹25.08 Cr)
Reserved for Market Maker3,62,000 shares (aggregating up to ₹5.03 Cr)
Pre-IPO Promoter Holding50,14,500 shares
Post-IPO Promoter Holding71,80,500 shares
About Kalyani Cast Tech Ltd
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 TeamThe 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.
Objects of the Issue
Kalyani Cast Tech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
23.75
2
General Corporate Purposes
2.89
Shareholding & Lock-in
Pre-IPO Promoter Holding
50,14,500 shares
Post-IPO Promoter Holding
71,80,500 shares