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Kalana Ispat Limited IPO (Kalana Ispat IPO) Details
Kalana Ispat Limited
Kalana Ispat IPO's overview
Kalana Ispat IPO bidding started from Sep 19, 2024 and ended on Sep 23, 2024. The allotment for Kalana Ispat IPO was finalized on Sep 24, 2024. The shares got listed on NSE on Sep 26, 2024.
Kalana Ispat IPO price band is set at ₹0 to ₹66 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Kalana Ispat IPO RHP for detailed information.
IPO date
Sep 19,2024 - Sep 23,2024
Listing Date
Sep 26,2024
Face value
₹10
Price Band
0₹66 per share
Lot
₹2000 Shares
Total Issue Size
49.38 Lakh (49,38,000)
aggregating up to ₹32.59 Cr (32,59,08,000)
Fresh Issue
49.38 Lakh (49,38,000)
aggregating up to ₹32.59 Cr (32,59,08,000)
Issue Type
Fixed Price
IPO Type
SMEListing At
NSE
Thu, Sep 19, 2024
IPO Open
Mon, Sep 23, 2024
IPO Close
Tue, Sep 24, 2024
Basis of Allotment
Wed, Sep 25, 2024
Initiation of Refunds
Wed, Sep 25, 2024
Credit of Shares to Demat
Thu, Sep 26, 2024
Listing
Kalana Ispat IPO Day-wise IPO GMP Trend
Kalana Ispat IPO last GMP is ₹0, last updated Sep 25,2024. With the price band of 66.00, Kalana Ispat IPO's estimated listing price is ₹66 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 25-Sep-24 | 66.00 | 0 | 66(0.00%) | 25-Sep-2024 15:00 |
| 24-Sep-24 | 66.00 | 0 | 66(0.00%) | 24-Sep-2024 23:31 |
| 23-Sep-24 | 66.00 | 0 | 66(0.00%) | 23-Sep-2024 23:30 |
| 22-Sep-24 | 66.00 | 20 | 86(30.30%) | 22-Sep-2024 23:31 |
| 21-Sep-24 | 66.00 | 25 | 91(37.88%) | 21-Sep-2024 23:32 |
| 20-Sep-24 | 66.00 | 25 | 91(37.88%) | 20-Sep-2024 23:28 |
| 19-Sep-24 | 66.00 | 30 | 96(45.45%) | 19-Sep-2024 23:28 |
| 18-Sep-24 | 66.00 | 10 | 76(15.15%) | 18-Sep-2024 23:24 |
| 17-Sep-24 | 66.00 | 10 | 76(15.15%) | 17-Sep-2024 23:32 |
Kalana Ispat IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹1.32 Lakh (1,32,000) |
Retail(Max) | 1 | 2,000 | ₹1.32 Lakh (1,32,000) |
HNI(Min) | 2 | 4,000 | ₹2.64 Lakh (2,64,000) |
Kalana Ispat IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to RII | 23.45 Lakh (23,45,000) |
| Offered to Others | 23.45 Lakh (23,45,000) |
About Kalana Ispat Limited
Incorporated in October 2012, Kalana Ispat Limited is primarily involved in manufacturing M.S. Billets and Alloy Steel Billets of various grades.
The company's business can be divided into segments
- Sale of Products, and
- Sale of Services.
The manufacturing facility has been duly certified by international standards of quality management systems such as ISO 2830:2012.
The company's manufacturing unit has an annual capacity of 38000MT/Annum.
Competitive Strength
- Innovation focused business model;
- Consistent track record of profitable growth due to a scalable business model;
- Established and proven track record;
- Experienced Promoters and dedicated employees
- Enhancing Promoters Experience; and
- Cordial relations with their customers.
As of September 2024, the company has three key management personnel (KMPs) and fifteen employees on its payroll. Additionally, the company arranges for temporary manpower per its production requirements from service agencies.
Kalana Ispat IPO's documents
Kalana Ispat Limited Contact Details
Kalana Ispat Limited
504, Ashwamegh Avnue,
5th Floor, Nr Mithakhali Underbridge
Mithakhali, Ahmedabad,-380009
Phone: +91-81418 48159
Email: [email protected]
Website: https://kalanaispat.com/
Kalana Ispat IPO's Promoters
The promoters of the company are Mr. Aftabhusen S Khandwawala, Mr. Varghese Joseph Pottakerry, Mr. Gurubaxsing Jamiatsing Bagga and Mr. Sadik Nannabhai Qureshi.