| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹32.59 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹32.59 Cr |
| Fresh Issue | ₹30.95 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน66.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | KALANA |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Jawa Capital Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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
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
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure | 22.99 |
| 2 | Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by construction of the industrial shed, purchase of equipment/machineries, other assets etc.; and | 7.99 |
| 3 | General corporate purposes | 0.61 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 18.86 | 16.17 | 12.65 | 13.31 |
| Total Income | 73.94 | 83.36 | 57.93 | 42.98 |
| Profit After Tax | 2.37 | 0.50 | 0.14 | 0.14 |
| NET Worth | 10.82 | 4.42 | 3.92 | 3.76 |
| Reserves and Surplus | 2.71 | 3.40 | 2.90 | 2.76 |
| Total Borrowing | 4.61 | 8.62 | 2.61 | 2.63 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 31.12% |
| ROCE | 21.20% |
| Debt / Equity | 0.43% |
| RoNW | 21.88% |
| PAT Margin | 3.21% |
| Price to Book Value | 4.76 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.92 | 1.81 |
| P/E (x) | 22.59 | 36.37 |
| Promoter Holding | 100% | 62.12% |
| Market Cap | โน86.08 Cr. | |