Kataria Industries Limited IPO of Rs 54.58 crores (Kataria Industries IPO) Detail

The issue is entirely a fresh issue of 56.85 lakh shares. Kataria Industries IPO is a book built issue of Rs 54.58 crores.

Kataria Industries IPO is a book built issue of Rs 54.58 crores. The issue is entirely a fresh issue of 56.85 lakh shares.

Kataria Industries IPO opens for subscription on July 16, 2024 and closes on July 19, 2024. The allotment for the Kataria Industries IPO is expected to be finalized on Monday, July 22, 2024. Kataria Industries IPO will list on NSE SME with tentative listing date fixed as Wednesday, July 24, 2024.

Kataria Industries IPO price band is set at ₹91 to ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400.

Interactive Financial Services Ltd is the book running lead manager of the Kataria Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Kataria Industries IPO Date, Review, Price, Allotment Details | IPO Watch

About Kataria Industries Limited

Incorporated in 2004, Kataria Industries Limited manufactures and supplies Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head, and Wedges), HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors. Our wide range of products is used in various sectors, including Infrastructure, Roads, Bridges, Flyovers, Metros, Railways, High-Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission, and Distribution Lines.

The product portfolio of the company comprises the following:-

  • LRPC Strands
  • Polymer-coated grease/wax-filled LRPC Strands
  • Galvanised LRPC Strands
  • Galvanised PE Coated LRPC Strands
  • Specialised LRPC Strands (19 Strands and Upto 23.00 mm)

The company has two manufacturing plants in Ratlam, Madhya Pradesh, both equipped with essential machinery, infrastructure, and in-house testing facilities to ensure our products meet standards.

The company’s manufacturing facility is certified for quality management systems under ISO 9001:2015.

The company serves both domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.

As on December 31, 2023, the company employs 71 permanent workers in various departments

Refer to Kataria Industries IPO DRHP for detailed information.

Kataria Industries IPO Details

IPO DateJuly 16, 2024 to July 19, 2024
Listing Date[.]
Face Value₹10 per share
Price Band₹91 to ₹96 per share
Lot Size1200 Shares
Total Issue Size5,685,000 shares(aggregating up to ₹54.58 Cr)
Fresh Issue5,685,000 shares(aggregating up to ₹54.58 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue15,846,834
Share holding post issue21,531,834

Kataria Industries IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue

Kataria Industries IPO Timeline (Tentative Schedule)

Kataria Industries IPO opens on July 16, 2024, and closes on July 19, 2024.

IPO Open DateTuesday, July 16, 2024
IPO Close DateFriday, July 19, 2024
Basis of AllotmentMonday, July 22, 2024
Initiation of RefundsTuesday, July 23, 2024
Credit of Shares to DematTuesday, July 23, 2024
Listing DateWednesday, July 24, 2024
Cut-off time for UPI mandate confirmation5 PM on July 19, 2024

Kataria Industries IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (Min)11200₹115,200
Retail (Max)11200₹115,200
HNI (Min)22,400₹230,400

Kataria Industries IPO Promoter Holding

The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.

Share Holding Pre Issue100.00%
Share Holding Post Issue

Kataria Industries Limited Financial Information (Restated Consolidated)

Kataria Industries Limited's revenue increased by 33.31% and profit after tax (PAT) rose by 5.35% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets13,508.0615,058.7312,787.1910,790.31
Revenue26,304.0433,393.0925,048.9116,128.03
Profit After Tax783.72777.83738.34500.58
Net Worth4,333.993,584.162,806.332,067.99
Reserves and Surplus2,783.193,320.052,542.211,803.87
Total Borrowing8,018.8010,696.209,142.297,938.32
Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2023 that is available in RHP.

Objects of the Issue (Kataria Industries IPO Objectives)

The company proposes to utilize the Net Proceeds from the issue towards the following objects

  • Capital Expenditure for plant and machineries;
  • Repayment of Debt
  • General corporate purposes

Kataria Industries Limited Contact Details

Kataria Industries Limited
34-38 and 44,
Industrial Area
Ratlam-457001
Phone: 07412 299407
Email: info@katariagroup.co.in
Websitehttps://www.katariaindustries.co.in/

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