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.
With an internal production facility, Kalyani Cast Tech Ltd is a casting company. They produce a variety of goods, including cornercasting for container motor hub traction motors, CI brake blocks, adapter 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 containers for two and three wheelers. A vast variety of castings that meet both Indian and international standards and specifications are produced by Kalyani Cast Tech. The company’s clientele is wide and includes the power, mining, cement, chemical, and fertiliser industries, as well as 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 |
Objects of the Issue:
- Working Capital Requirements
- General Corporate Purposes.
Kalyani Cast Tech IPO Review
- May Apply
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 IPO Form
How to apply Kalyani Cast Tech IPO? –> A vast variety of castings that meet both Indian and international standards and specifications are produced by Kalyani Cast Tech. The company’s clientele is wide and includes the power, mining, cement, chemical, and fertiliser industries, as well as Indian Railways.
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 |
Peer Group
- Texmaco Rail & Engineering Limited
- Titagarh Rail Systems Limited
Kalyani Cast Tech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://bigshareonline.com
Company Address
Kalyani Cast Tech Ltd
B-144 Second Floor
DDA Shed Phase-1, Okhla Industrial Area
Phase-1 New Delhi, South Delhi, 110020
Phone: 011-26444400
Email: [email protected]
Website: https://kalyanicasttech.com
Company Promoters
- Mr Naresh Kumar
- Mr Javed Aslam
- Mr Nathmal Bangani
- Ms Kamala Kumari Jain
- Ms Muskan Bangani
Kalyani Cast Tech IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Limited
Kalyani Cast Tech IPO FAQs
Q1. What is Kalyani Cast Tech IPO?
Ans. Kalyani Cast Tech IPO is a BSE SME IPO. They are going to raise ₹30.11 Crores via IPO. The issue is priced at ₹137 to ₹139 per equity share. The IPO is to be listed on BSE.
Q2. When Kalyani Cast Tech IPO will open?
Ans. The IPO is to open on November 8, 2023 for QIB, NII, and Retail Investors.
Q3. What is Kalyani Cast Tech IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Kalyani Cast Tech IPO?
Ans. You can apply Kalyani Cast Tech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Kalyani Cast Tech IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kalyani Cast Tech”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Kalyani Cast Tech IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kalyani Cast Tech”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Kalyani Cast Tech IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Kalyani Cast Tech”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Kalyani Cast Tech IPO Size?
Ans. Kalyani Cast Tech IPO size is ₹30.11 crores.
Q9. What is Kalyani Cast Tech IPO Price Band?
Ans. Kalyani Cast Tech IPO Price Band is ₹137 to ₹139 per equity share.
Q10. What is Kalyani Cast Tech IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1000 shares with ₹139,000.
Q11. What is Kalyani Cast Tech IPO Allotment Date?
Ans. Kalyani Cast Tech IPO allotment date is November 16, 2023.
Q12. What is Kalyani Cast Tech IPO Listing Date?
Ans. Kalyani Cast Tech IPO listing date is November 21, 2023. The IPO to list on BSE SME.
