Kalana Ispat Limited (NSE SME)
Sep 19, 2024 - Sep 23, 2024
| Price | ₹66 - ₹66 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 24, 2024 |
| Listing | Sep 26, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 132000 | 1173 |
| HNI | 2 | 4000 | 264000 | 1172 |
Last updated on 23-Sep-2024 18:20:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 2344000 | 95668000 | 40.81 |
| RETAIL | 2346000 | 174806000 | 74.51 |
| Total | 4690000 | 270474000 | 57.67 |
| Retail Apps | 87403 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹3.62 | @8% ₹4.13 | @9% ₹4.65 | @10% ₹5.17 | @11% ₹5.68 | @12% ₹6.2 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 2346000 |
| Other | 47.5% | 2344000 |
| Market Maker | 5.02% | 248000 |
| Total No. of Shares | 100.0% | 4938000 |
Kalana Ispat IPO Details
| Issue Size | 4,938,000 shares (aggregating up to ₹32.59 Cr) |
| Fresh Issue | 4,938,000 shares (aggregating up to ₹32.59 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,101,185 |
| Share holding post issue | 13,041,985 |
| Market Maker portion | 248,000 shares Aftertrade Broking |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 31.12% | 12.07% | 4.02% |
| ROCE | 21.20% | 8.33% | 6.31% |
| RONW | 21.88% | 11.39% | 3.51% |
| D/E | 0.43 | 1.96 | 0.67 |
| EPS (basic) | 3.03 | 5.03 | 1.55 |
| P/E Pre IPO | 22.59 | ||
| P/E Post IPO | 36.37 |
Company Financials
Kalana Ispat Limited Financial Information (Restated Standalone)
Kalana Ispat Limited's revenue decreased by -11% and profit after tax (PAT) rose by 373% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 1,885.71 | 1,617.46 | 1,264.89 | 1,330.7 | ||||||||||||||||||||||||||||||||||||
| Revenue | 7,394.46 | 8,335.87 | 5,793.32 | 4,298.06 | ||||||||||||||||||||||||||||||||||||
| Profit | 236.7 | 50.09 | 13.66 | 13.62 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,081.58 | 441.94 | 391.65 | 376.19 | ||||||||||||||||||||||||||||||||||||
| Reserves | 271.46 | 339.7 | 289.61 | 275.95 | ||||||||||||||||||||||||||||||||||||
| Borrowing | 461.38 | 861.79 | 260.57 | 262.93 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Kalana Ispat Limited, incorporated in October 2012, specializes in manufacturing M.S. Billets and Alloy Steel Billets of various grades. The company operates across two business segments: the sale of products and services. Its manufacturing facility, certified under ISO 2830:2012, has an annual production capacity of 38,000 MT. Kalana Ispat boasts a competitive edge with its innovation-driven business model, scalable operations, and a consistent track record of profitable growth. The company benefits from experienced promoters, dedicated employees, and strong customer relationships. As of September 2024, it employs three key management personnel (KMPs) and 15 employees, with additional temporary manpower sourced through service agencies to meet production demands.
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Jawa Capital Services Private Limited
Innovation-Driven Model: The company focuses on innovation, helping it stay competitive and adapt to market changes.
Scalable Operations: A scalable business model has contributed to consistent and profitable growth.
Proven Track Record: The company has an established history of success, reinforcing its reliability in the industry.
Ongoing Legal Proceedings: The company, promoters, and group companies are involved in various litigations, and any adverse decisions could negatively impact its reputation and financial status.
Approval and Compliance Risks: Failure to obtain, renew, or comply with necessary approvals and licenses in a timely manner may hinder business operations.
Regulatory Compliance: Non-compliance with safety, health, environmental, and labor regulations could adversely affect the company’s operations and financial condition.
Looks clear avoid
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php