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Kalana Ispat Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    19-Sep-2024 to
    23-Sep-2024

  • Issue Size

    ₹32.59 Cr

  • Price Band

    ₹66

  • Allotment date

    --

  • Listing date

    26-Sep-2024

  • Lot size

    2000

  • No. of shares

    49,38,000

  • Fresh issue/OFS

    ₹32.59 Cr /--

About The Company

Kalana Ispat Limited was incorporated on October 15, 2012, in Gujarat. The company specializes in manufacturing M.S. (Mild Steel) Billets and Alloy Steel Billets/Ingots. Originally starting as a trader of metal scraps sourced through imports and local channels, the company ventured into manufacturing in 2015. Their products are sold both domestically and internationally, with the company having installed a manufacturing unit in Ahmedabad, Gujarat. As of December 31, 2023, the company was operating at its maximum production capacity of 38,000 metric tons. Additionally, when spare production capacity is available, Kalana Ispat undertakes job work, providing casting services for M.S. Billets and Alloy Steel Billets on behalf of its clients, who supply the raw materials. The company charges for its casting services based on capacity utilization.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    54.6x

Financials

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FAQs for Kalana Ispat Ltd.

The issue size of Kalana Ispat Ltd is ₹32.59 Cr.

Kalana Ispat Ltd falls into Metal Processing industry.

The Kalana Ispat Ltd IPO will be listed on BSE.

The open and close dates for the Kalana Ispat Ltd are 19-Sep-2024 & 23-Sep-2024.

The price band for the Kalana Ispat Ltd ipo is ₹66

The listing date of Kalana Ispat Ltd IPO is 26-Sep-2024.

The purpose of this IPO is to raise fresh capital.

Kalana Ispat Ltd total subscription ratio is 54.6X.

Key financial of the Kalana Ispat Ltd are:


Kalana Ispat Ltd FY-24 FY-23 FY-22
Revenue (₹ Cr) 73.73 83.04 57.75
EBIT (₹ Cr) 3.35 0.92 0.27
Proft after Tax (₹ Cr) 2.37 0.5 0.14
Debt (₹ Cr) 4.61 8.62 2.61
Net Worth (₹ Cr) 10.81 4.4 3.9
RoE (%) 21.92 11.36 3.59

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