Kalyani Cast Tech Limited
BSE SME₹139,000 / 1000 Shares
IPO Details
Kalyani Cast Tech Limited IPO is priced between ₹137-139 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 8 Nov, 2023, and closed on 10 Nov, 2023. The allotment results will be announced on 13 Nov, 2023, with a tentative listing date set for 17 Nov, 2023.
The total issue comprises 2,166,000 shares, amounting to ₹30.11 Cr.
Kalyani Cast Tech Limited IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Nov 8, 2023 - Nov 10, 2023 | 17 Nov, 2023 | ₹10 Per Equity Share | ₹137-139 per equity share | - | Shares | - | BSE SME |
Kalyani Cast Tech Limited IPO Timeline
Issue Price
₹137-139 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
1000 Shares (₹139,000/-)Lead Manager
Gretex Corporate Services LimitedIssue Size
2,166,000 shares(aggregating up to ₹30.11 Cr)Retail Portion
35%Subscription
208.88 timesIPO Docs
DRHPKalyani Cast Tech Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 2420.19 | 6336.46 | 803.79 | - | - | - |
| 31 Mar 22 | 1599.54 | 4947.12 | 117.33 | - | - | - |
| 31 Mar 21 | 1367.88 | 1135.26 | 35.36 | - | - | - |
All values are in ₹ Lakh
About Company
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.
Kalyani Cast Tech Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 361,000 / 271,000* | 632,000 | 1,264,000 |
| Day 1 - 08-11-23 06:00 PM | 3.52 / 4.05 x | 7.80 x | 5.78 x |
| Day 2 - 09-11-23 06:00 PM | 7.51 / 29.34 x | 39.46 x | 28.17 x |
| Day 3 - 10-11-23 06:00 PM | 66.35 / 440.54 x | 190.95 x | 208.88 x |
Kalyani Cast Tech Limited IPO - Issue Objectives
- Working Capital Requirements
- General Corporate Purposes.