The Kalyani Cast Tech Ltd date has been confirmed from November 8 and ended on November 10
The date of Kalyani Cast Tech’s initial public offering (IPO) has been set for November 8, when it will open and close. A BSE SME looking to raise 30.11 crores through an IPO is Kalyani Cast Tech. With a market lot of 1000 shares, the pricing range for the Kalyani Cast Tech IPO is set at ₹137 to ₹139.
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Bidding Dates
November8 – 10
Price Range
₹137 to ₹139 per share
Face Value
₹10 per share
GMP
₹95
Kalyani Cast Tech Ltd GMP
The Kalyani Cast Tech IPO GMP is ₹[95].
IPO Overview
Kalyani Cast Tech Ltd is a casting company with an internal production facility. They produce various goods, including corner casting for container motor hub traction motors, CI brake blocks, adapters for WDG4 loco, MG coupler components, and electrical loco bearing housing. In addition to specialising in different kinds of cargo containers, such as ISO containers 20′, 25′, 40′, and 42′, Kalyani Cast Tech also manufactures a wide range of castings, including finished components.
Other special containers include dwarf containers, cuboid containers, special containers for parcel cargo, and two- and three-wheelers. A wide variety of castings that meet both Indian and international standards and specifications are produced by Kalyani Cast Tech. The company’s vast clientele includes the power, mining, cement, chemical, and fertiliser industries and Indian Railways.
Kalyani Cast Tech IPO Date & Price Band Details
| IPO Open: | November 8, 2023 |
| IPO Close: | November 10, 2023 |
| IPO Size: | Approx ₹30.11 Crores, 2,166,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹137 to ₹139 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Kalyani Cast Tech IPO Market Lot
The Kalyani Cast Tech IPO minimum market lot is 1000 shares with a ₹139,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹139,000 |
| Retail Maximum | 1 | 1000 | ₹139,000 |
| S-HNI Minimum | 2 | 2000 | ₹278,000 |
Kalyani Cast Tech IPO Dates
The Kalyani Cast Tech IPO date is November 8 and the IPO close date is November 10. The IPO allotment date is November 16 and the IPO might list on November 21.
| IPO Open Date: | November 8, 2023 |
| IPO Close Date: | November 10, 2023 |
| Basis of Allotment: | November 16, 2023 |
| Refunds: | November 17, 2023 |
| Credit to Demat Account: | November 20, 2023 |
| IPO Listing Date: | November 21, 2023 |
Kalyani Cast Tech Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
| 2021 | ₹11.35 | ₹11.18 | ₹0.35 |
| 2022 | ₹49.47 | ₹48.22 | ₹1.17 |
| 2023 | ₹63.36 | ₹52.55 | ₹8.04 |
| 2024 3M | ₹24.68 | ₹20.71 | ₹2.94 |
Kalyani Cast Tech IPO Valuation – FY2023
Check Kalyani Cast Tech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹16.03 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 56.45% |
| Net Asset Value (NAV): | ₹28.40 per Equity Share |
Company Profile
Kalyani Cast Tech Ltd was established in September 2012 to offer a comprehensive manufacturing facility for Steel, SG Iron, and Cast Iron components. We utilize advanced casting and machining facilities to ensure top-notch quality. The company possesses the necessary equipment, testing and chemical instruments, and a trained workforce to fulfil the requirements of a Class A foundry according to IS 12117:1996 (reaffirmed 2007). They manufacture a variety of castings that comply with Indian and International Standards/specifications. Their diverse client base includes Indian Railways, the Mining industry, the cement industry, chemical and fertilizer plants, and power industries.
We produce different kinds of cargo containers, such as ISO containers in sizes of 20′ and 40′, as well as other special containers like dwarf containers, cuboid containers, and special containers for parcel cargo. We also manufacture containers designed for two- and three-wheelers by international standards. Additionally, we have our own in-house design and development capabilities.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | https://bigshareonline.com |
Contact Details
| Name | Kalyani Cast Tech Ltd |
| Phone number | 011-26444400 |
| Email ID | info@kalyanicasttech.com |
| Website | https://kalyanicasttech.com |
IPO Strenghts
- 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.
