KCK Industries Limited IPO Detail
KCK Industries Limited is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns. The yarns are used for apparel, undergarments, Terry Towels, Denims, Medical Fabrics, Furnishing Fabrics and Industrial Fabrics.
The company's products portfolio in chemicals and dyes includes Combed yarn and Carded yarn, Easy Care Finishing, Softener, Pigment printing,Softener, ntifoaming/Deaerating and basic chemicals.
KCK Industries Limited also has a processing plant for non-basmati and basmati rice. The company has a strong network of wholesalers, semi wholesalers and retailers.
Competitive Strengths:
- Diversified Product Portfolio
- Focus on Quality and Innovation
- Experienced Promoters and a well trained employee base
- Quality Assurance
- Cordial relations with our customers and Suppliers
- Improving functional efficiency
Company Promoters
Mr. Jagdish Prasad Arya and Mrs Reena Sharma are the company promoters.IPO Details
| IPO Opening Date | Jun 27, 2022 |
| IPO Closing Date | Jun 30, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹4.50 Cr |
| Fresh Issue | 1,500,000 shares of ₹10 (aggregating up to ₹4.50 Cr) |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.29x | 2.22x | 1.26x | |
| Day 2 | - | - | 0.32x | 3.76x | 2.04x | |
| Day 3 | - | - | 3.02x | 8.79x | 5.91x |
IPO Tentative Timetable
The KCK Industries Limited IPO open date is Jun 27, 2022, and the close date is Jun 30, 2022. The issue may list on Jul 08, 2022.
| IPO Open Date | Jun 27, 2022 |
| IPO Close Date | Jun 30, 2022 |
| Basis of Allotment Date | Jul 05, 2022 |
| Initiation of Refunds | Jul 06, 2022 |
| Credit of Shares to Demat Account | Jul 07, 2022 |
| IPO Listing Date | Jul 08, 2022 |
IPO Lot Size
The KCK Industries Limited IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120000 |
| Maximum | 1 | 4000 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 77.91% |
| Post Issue Share Holding | 56.66% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-19 | 1725.87 | 4094.71 | 20.71 |
| 31-Mar-20 | 2148.61 | 5150.73 | 31.91 |
| 31-Mar-21 | 3093.25 | 3913.02 | 19.25 |
| 31-Dec-21 | 3665.75 | 4453.72 | 99.95 |
Objects of the Issue:
The objects of the Issue are:
- To part finance the requirement of Working Capital.
- To meet General corporate purposes.
- To meet the expenses of the Issue.
KCK Industries Limited IPO Registrar:
Cameo Corporate Services Limited
KCK Industries Limited IPO Lead Manager(s):
Navigant Corporate Advisors Ltd (Past IPO Performance)
Company Contact Information:
KCK Industries Limited
Plot No 484b, Village Daria Khatauni No 95
Khasra 9/7 Chandigarh 160101
Chandigarh
