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Kalyani Cast Tech IPO Detail

Kalyani Cast Tech IPO Detail

Incorporated in 2012,& Kalyani Cast Tech Ltd is engaged in the casting business with an in-house & machining facility. Kalyani Cast is engaged in the manufacturing of products such as Bearing housing for electrical loco,  MG Coupler Components, Adapters for WDG4 Loco, CI Brake Blocks and so on.

The company specialize in manufacturing cargo containers, including ISO containers (20', 25', 40', 42') and custom containers for parcel cargo, two & three-wheelers, dwarf, and cuboid containers.

The company serve diverse clients including Indian railways, mining, cement, chemicals, fertilizer, and power plants.


The competitive strength of the company includes:

  • Experienced Promoter and Management Team
  • The company uses networking channels to identify its core customers and create effective marketing strategies for customized solutions.
    • The company distinguishes itself from competitors by providing exceptional services.

Company Promoters

Mr Naresh Kumar, Mr Javed Aslam, Mr Nathmal Bangani, Ms Kamala Kumari Jain and Ms Muskan Bangani

IPO Details

IPO Opening DateNov 08, 2023
IPO Closing DateNov 10, 2023
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price ₹137 - 139 per equity share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtBSE SME
Issue Size₹30.11 Cr
Fresh Issue₹30.11 Cr
Offer for Sale-
Retail Portion -

IPO Subscription (Bidding Detail)

Day 1 3.52x 4.05x 7.80x - 5.78x
Day 2 7.51x 29.34x 39.46x - 28.17x
Day 3 132.70x 879.73x 381.91x - 417.47x

IPO Tentative Timetable

The Kalyani Cast Tech IPO open date is Nov 08, 2023, and the close date is Nov 10, 2023. The issue may list on Nov 21, 2023.

IPO Open DateNov 08, 2023
IPO Close DateNov 10, 2023
Basis of Allotment DateNov 16, 2023
Initiation of RefundsNov 17, 2023
Credit of Shares to Demat AccountNov 20, 2023
IPO Listing DateNov 21, 2023

IPO Lot Size

The Kalyani Cast Tech IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹139000).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding69.83%

Company Financials:

For the year/period ended (₹ in Lakhs)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-21 1367.88 1135.26 35.36
31-Mar-22 1599.54 4947.12 117.33
31-Mar-23 2420.19 6336.46 803.79

Objects of the Issue:

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects

a) Working Capital Requirements

b) General Corporate Purposes.

Kalyani Cast Tech IPO Registrar:

Bigshare Services Pvt Ltd

Kalyani Cast Tech IPO Lead Manager(s):

Gretex Corporate Services Limited

Company Contact Information:

Kalyani Cast Tech

B-144 Second Floor

DDA Shed Phase-1, Okhla Industrial Area

Phase-1 New Delhi, South Delhi, 110020