Kataria Industries IPO - GMP, Subscription, Price, Dates & Financial Details
Kataria Industries IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹55 Crore, comprising a fresh issue of 56.85 Lakh equity shares aggregating to ₹54.58 Crore.
The Kataria Industries IPO remained open for subscription from July 16, 2024, to July 19, 2024. The basis of allotment was finalized on July 22, 2024, and the company's shares were listed on NSE SME Platform on July 24, 2024.
The company had fixed the price band at ₹91 to ₹96 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Interactive Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Kataria Industries Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
- Price Band
- ₹ 91 – 96
- Lot Size
- 1200
- Issue Size
- ₹54.58 Cr
- Minimum Investment
- ₹ 230,400 (2400 Shares)
- Listing Date
- 24 July 2024
Current GMP
₹105 (+109.38%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Kataria Industries Limited
Incorporated in 2004, Kataria Industries Limited manufactures and supplies Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head, and Wedges), HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors. The company's wide range of products is used in various sectors, including Infrastructure, Roads, Bridges, Flyovers, Metros, Railways, High-Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission, and Distribution Lines.
The product portfolio of the company comprises the following:-
LRPC Strands
Polymer-coated grease/wax-filled LRPC Strands
Galvanised LRPC Strands
Galvanised PE Coated LRPC Strands
Specialised LRPC Strands (19 Strands and Upto 23.00 mm)
The company has two manufacturing plants in Ratlam, Madhya Pradesh, both equipped with essential machinery, infrastructure, and in-house testing facilities to ensure our products meet standards.
The company's manufacturing facility is certified for quality management systems under ISO 9001:2015.
The company serves both domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.
As of December 31, 2023, the company employs 71 permanent workers in various departments.
Kataria Industries IPO Promoters
The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Kataria Industries IPO Objective
The company proposes to utilize the Net Proceeds from the issue towards the following objects
Capital Expenditure for plant and machinery.
Repayment of Debt
General corporate purposes
Kataria Industries Limited Address / Contact Details
Kataria Industries Limited
34-38 and 44,
Industrial Area
Ratlam-457001
Phone: 07412 299407
Email: info@katariagroup.co.in
Website: https://www.katariaindustries.co.in/
IPO Snapshot
Book Running Lead Managers
- Interactive Financial Services Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Kataria Industries IPO?
Kataria Industries IPO is a Book-building IPO with a total issue size of ₹54.58 crore. The Kataria Industries IPO price band is ₹91 to 96 per share. The Kataria Industries IPO subscription opens on Tue, Jul 16, 2024, and closes on Fri, Jul 19, 2024. The Kataria Industries IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Kataria Industries IPO.
When will the Kataria Industries IPO open for subscription?
The Kataria Industries IPO opens on Tue, Jul 16, 2024 and closes on Fri, Jul 19, 2024
What is Kataria Industries IPO Price Band?
Kataria Industries IPO Price Band is ₹91 to 96 per share.
What is Kataria Industries IPO Lot Size?
Kataria Industries IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Kataria Industries IPO?
The minimum investment for Kataria Industries IPO is ₹230400, based on one lot of 1200 shares at the upper price band of ₹96 per share.
How to apply for Kataria Industries IPO?
Investors can apply for the Kataria Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 19, 2024. The application amount remains blocked until the Kataria Industries IPO allotment is finalized.
What is Kataria Industries IPO Issue Size?
Kataria Industries IPO issue size is ₹54.58 crores.
What is the Kataria Industries IPO Allotment Date?
Kataria Industries IPO allotment date is Mon, Jul 22, 2024.
Who is the Kataria Industries IPO Registrar?
The registrar for Kataria Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Kataria Industries IPO allotment status, refund processing, and other IPO-related information.
What is the Kataria Industries IPO GMP?
The Kataria Industries IPO GMP (Grey Market Premium) is ₹105 as of Wed, Jul 24, 2024. Based on the upper price band of ₹96 per share, the estimated Kataria Industries IPO listing price is ₹201, indicating a potential listing gain of approximately 109.38% over the issue price.
Who is the Kataria Industries IPO Lead Manager?
The book-running lead managers (BRLMs) for the Kataria Industries IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Kataria Industries IPO Red Herring Prospectus (RHP).