The Kalahridhaan Trendz IPO date has been confirmed from March 15, 2024, and closes on March 19, 2024. Read the post to learn about Kalahridhaan Trendz Ltd IPO GMP.
Kalahridhaan Trendz Ltd IPO has a fixed price of Rs 22.49 crores. The price is ₹45 per share. The minimum lot size for an application is 3000 shares. The minimum investment for retail investors is ₹135,000. The minimum investment for HNI is 2 lots (6,000 shares) worth ₹270,000.
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Key Details Of Kalahridhaan Trendz Ltd IPO:
Bidding Dates
Feb 15-20
Price Range
₹45 per share
Face Value
₹10 per share
GMP
₹3
Kalahridhaan Trendz Ltd IPO GMP
The Kalahridhaan Trendz Ltd IPO GMP Today is ₹3.
Kalahridhaan Trendz Ltd IPO Overview
Kalahridhaan Trendz IPO is a fixed-price issuance worth Rs 22.49 crore. The offering is essentially recent, with 49.98 lakh shares provided. Kalahridhaan Trendz’s initial public offering (IPO) will begin on February 15, 2024 and complete on February 20, 2024. The allocation of shares for Kalahridhaan Trendz IPO is expected to finish on Wednesday, February 21, 2024. Kalahridhaan Trendz IPO will probably be launched on the NSE SME on Friday, February 23, 2024.
Kalahridhaan Trendz’s IPO price is ₹45 per share. The minimum lot size for an application is 3000 shares. The minimum investment for retail investors is ₹135,000. The minimum investment for HNI is 2 lots (6,000 shares) worth ₹270,000.
Kalahridhaan Trendz Ltd IPO Details
| IPO Date | February 15, 2024 to February 20, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,998,000 shares (aggregating up to ₹22.49 Cr) |
| Fresh Issue | 4,998,000 shares (aggregating up to ₹22.49 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,189,000 |
| Share holding post issue | 17,187,000 |
| Market Maker portion | 252,000 shares |
Kalahridhaan Trendz Ltd Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 10,979.30 | 10,962.55 | 10,297.94 | 5,979.36 |
| Revenue | 8,434.54 | 18,417.01 | 18,390.46 | 13,235.91 |
| Profit After Tax | 478.72 | 666.01 | 246.20 | 110.54 |
| Net Worth | 2,290.94 | 1,202.78 | 536.77 | 290.56 |
| Reserves and Surplus | 1,072.04 | 1,202.78 | 536.77 | 290.56 |
| Total Borrowing | 6,702.43 | 6,105.33 | 5,249.90 | 3,145.56 |
| Amount in ₹ Lakhs | ||||
Kalahridhaan Trendz Ltd IPO Timeline
| IPO Open Date | Thursday, February 15, 2024 |
| IPO Close Date | Tuesday, February 20, 2024 |
| Basis of Allotment | Wednesday, February 21, 2024 |
| Initiation of Refunds | Thursday, February 22, 2024 |
| Credit of Shares to Demat | Thursday, February 22, 2024 |
| Listing Date | Friday, February 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 20, 2024 |
Company Profile
Kalahridhaan Trendz Ltd, a textile dyeing and processing firm, was launched in 2016. The company manufactures and trades embroidered fabrics, trades grey fabrics, buys grey fabrics, and prints and dyes suiting, shirting, and dress fabrics for the B2B market. The company’s manufacturing facility is in Ahmedabad, Gujarat, and has a capacity of 1.00 lakh metres per day. As of December 31, 2023, the company employs a total of 12 permanent employees across multiple departments.
The company has two divisions:
- Embroidery and knitting
- Dyeing and printing of cloths
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Kalahridhaan Trendz Limited |
| Phone number | +91 6353302166 |
| Email ID | [email protected] |
| Website | kalahridhaan.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Kalahridhaan Trendz Ltd IPO FAQs
When Kalahridhaan Trendz IPO will open?
The Kalahridhaan Trendz IPO opens on February 15, 2024 and closes on February 20, 2024.
What is the lot size of Kalahridhaan Trendz IPO?
Kalahridhaan Trendz IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
When is Kalahridhaan Trendz IPO allotment?
The finalization of Basis of Allotment for Kalahridhaan Trendz IPO will be done on Wednesday, February 21, 2024, and the allotted shares will be credited to your demat account by Thursday, February 22, 2024.
When is Kalahridhaan Trendz IPO listing date?
The Kalahridhaan Trendz IPO listing date is not yet announced. The tentative date of Kalahridhaan Trendz IPO listing is Friday, February 23, 2024.
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