Kalana Ispat Limited was founded in October 2012. The company was engaged in trading of scrap metal procured through imports from various countries, scrap yards and local traders. The company ventured into the manufacturing of MS billets and set up a manufacturing facility in Ahmedabad, Gujarat in 2015. The company manufactures MS blocks and alloy steel billets. The company conducts its business from its manufacturing facility at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad. As on December 31, 2023, the company was operating at full capacity with an installed capacity of 38000 M.T.

Kalana Ispat IPO, a SME IPO of ₹32.59 Cr opens for subscription from 19-09-2024 to 23-09-2024. The IPO consists of ₹32.59 Cr fresh issue. The face value is Rs. 10 and the price band is fixed at 66.00 per share. You can apply to the Kalana Ispat SME IPO for a minimum lot of 2000 shares amounting of Rs. 132000. The tentative listing date on the exchange (NSE SME) is 26-09-2024.

Kalana Ispat SME IPO Details

SME IPO Issue Opening Date19th Sep 2024
SME IPO Issue Closing Date23rd Sep 2024
SME IPO Issue Price₹66.00 Per Share
IPO Listing AtNSE SME
Retail Quota50% of the Net Issue
SME IPO Issue TypeFixed Price Issue
SME IPO Issue Size₹32.59 Cr
Fresh Issue₹32.59 Cr
Face Value₹10 Per Equity Share
SME IPO DiscountTBD
Promoter Holding Pre IPO82.72%
Promoter Holding Post IPO51.38%

Kalana Ispat SME IPO Important Dates

SME IPO ActivityDate
Basis of Allotment Date24th Sep 2024
Refunds Initiation25th Sep 2024
Credit of Shares to Demat25th Sep 2024
SME IPO Listing Date26th Sep 2024

Kalana Ispat SME IPO Lots

SME IPO ActivityDate
Issue Price₹66.00
Market Lot2000 Shares
1 Lot Amount₹132000
Min HNI Lots4000 shares (2 lots)- ₹264000

Kalana Ispat Limited Financial Information

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 Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,885.711,617.461,264.891,330.7
Revenue7,394.468,335.875,793.324,298.06
Profit After Tax236.750.0913.6613.62
Net Worth1,081.58441.94391.65376.19
Reserves and Surplus271.46339.7289.61275.95
Total Borrowing461.38861.79260.57262.93


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IPO,

Last Update: September 17, 2024