Kataria Industries Limited IPO Detail
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. The company's 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 of December 31, 2023, the company employs 71 permanent workers in various departments.
Company Promoters
The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.IPO Details
| IPO Opening Date | Jul 16, 2024 |
| IPO Closing Date | Jul 19, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 - 96 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | NSE SME |
| Issue Size | ₹54.58 Cr |
| Fresh Issue | 5,685,000 shares (aggregating up to ₹54.58 Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | 0.00x | 0.00x | 2.84x | 6.26x | 3.68x |
| Day 2 | 0.48x | 0.00x | 0.00x | 23.81x | 53.45x | 31.38x |
| Day 3 | 171.04x | 0.00x | 0.00x | 970.17x | 274.61x | 393.87x |
IPO Tentative Timetable
The Kataria Industries Limited IPO open date is Jul 16, 2024, and the close date is Jul 19, 2024. The issue may list on Jul 24, 2024.
| IPO Open Date | Jul 16, 2024 |
| IPO Close Date | Jul 19, 2024 |
| Basis of Allotment Date | Jul 22, 2024 |
| Initiation of Refunds | Jul 23, 2024 |
| Credit of Shares to Demat Account | Jul 23, 2024 |
| IPO Listing Date | Jul 24, 2024 |
IPO Lot Size
The Kataria Industries Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹115200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹115200 |
| Maximum | 1 | 1200 | ₹115200 |
IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-24 | 12002.84 | 34148.63 | 1002.11 |
| 31-Mar-23 | 15058.73 | 33393.09 | 777.83 |
| 31-Mar-22 | 12787.19 | 25048.91 | 738.34 |
Objects of the Issue:
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 IPO Registrar:
Bigshare Services Pvt Ltd
Kataria Industries Limited IPO Lead Manager(s):
Interactive Financial Services Ltd
Company Contact Information:
Kataria Industries Limited
34-38 and 44, Industrial Area
Ratlam
Ratlam
