July 24, 2024
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Kataria Industries IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
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Kataria Industries IPO listing Review
The scrip is listed @ Rs. 182.40, Premium of 90%over the issue price of Rs. 95. The listing has been in line with expectations of the grey market
Kataria Industries allotment Link
What was the last grey market premium of Kataria Industries IPO?
Premium Rs. 105
Subject to rates Rs. 95800
Subscription status of Kataria Industries IPO
Kataria Industries IPO (Closed)Price Rs. 96 Lot 1200 shares, Rs. 51.82 Crore |
||||
| QIB | NII X | RII X | Total X | Applications |
| 171.04 | 970.17 | 274.61 | 393.87 | 4,32370 / (274.52x) |
| Bids of Rs. 20410.34 Crore received | ||||
| Note: Strong subscriptions received | ||||
What is the business of Kataria Industries?
Kataria Industries is engaged in the manufacturing and supply of 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 Aluminium Conductors. Its wide variety of products are utilized in various sectors including Infrastructure, Roads – Bridges & Flyovers, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission & Distribution Lines etc. Its products are certified by ISO 9001:2015 for quality management systems.
The company has two manufacturing plants, both are situated at Ratlam, Madhya Pradesh. Its plants are well equipped with essential machinery, infrastructure, and an in-house testing facility, which ensures that its product conforms to the requisite standards.
In the F.Y. 2019-20, it expanded its wire division capacity to 19,830 MT from the existing capacity of 7,830 MT. Subsequently, in the F.Y. 2021-22, it had further expanded capacity to 38,000 MT. In the F.Y. 2021-22, it commenced production of Post-tensioning Anchorage and SWC Sheathing Duct & Coupler which are used along-with LRPC steel strands.
During the last three F.Y. 2020-21 to F.Y. 2022-23 and the nine months’ period from April 2023 to December 2023, it has sold its products in India and several other countries across the globe which includes Dubai, Qatar, Nepal, Iran, Oman, Bahrain and Brazil.
Get more information about the company @ www.katariaindustries.co.in
Kataria Industries IPO Details |
|
| IPO opens on | 16 July 2024 |
| IPO closes on | 19 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5685000 Shares / Rs 55.58 Crore |
| * Fresh Issue | 5685000 Shares / Rs 54.58 Crore |
| * Offer for Sale – | |
| Market Maker Portion | 287600 Shares |
| Net offer to Public | 5397400 Shares/ Rs.51.82 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.91-96 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
||
| Shares | Rs. (Crore) | |
| QIB (50%) | 2698700 | 25.91 |
| NII (15%) | 809610 | 7.77 |
| RII (35%) | 1889090 | 18.14 |
| Total Shares | 5397400 | 51.82 |
| Retail portion will be oversubscribed by | 1574 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1200 Shares | Rs.115200 |
| Min HNI Application | 2400 Shares | Rs.230400 |
Who are the Promoters of Kataria Industries IPO?
The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.
What are the Objects of Kataria Industries IPO?
The Offer comprises of only fresh issue of shares.
The objectives of the Offer are to:
1. Capital Expenditure for plant and machineries;
2. Repayment of Debt
3. General corporate purposes
Tentative timetable |
|
| IPO opens on | 16 July 2024 |
| IPO Closes on | 19 July 2024 |
| IPO Allotment on | 22 July 2024 |
| Refund Initiation | 23 July 2024 |
| Credit of Shares | 23 July 2024 |
| Listing on | 24 July 2024 |
| Registered Office of the Company Kataria Industries Limited 34-38 and 44, Industrial Area Ratlam-457001 |
| Who is the Lead Manager of this IPO? Interactive Financial Services Ltd |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
Kataria Industries IPO Financial & Analytical Ratios |
||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2021-22 | 250.49 | 5.01 | 4.66 | 26.31 |
| 2022-23 | 333.93 | 7.38 | 4.91 | 21.70 |
| 2023-24 | 263.04 | 7.78 | 4.95 | 18.08 |
| Book Value of the Share on 31.03.2024 | 31.12.2023 | Rs 27.35 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 96 | |||
IPO
|
|
| Price/last EPS of 22-23 | 19.55 |
| Price/BV Ratio | 3.51 |
| Upper price/BV after IPO | – |
How Kataria Industries IPO compares with the Peers?
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Kataria Industries | 10 | 262 | 19.55 |
| Kamdhenu ltd | 10 | 732 | 39.76 |
| Incredible Industry | 10 | 741 | 45.19 |
| Bharat Wire Rope | 10 | 589 | 33.88 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Kataria Industries IPO Review
Kataria Industries is engaged in the manufacturing and supply of 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. Its wide variety of products are utilized in various sectors including Infrastructure, Roads – Bridges & Flyovers, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission & Distribution Lines etc.
Size: Net size of the IPO is Rs. 51.82 crore, which is not so large, compared to other SME IPOs. The retail portion is Rs. 18.14 Crore and NII portion is Rs.7.77 Crore.
Financial Snapshot: The company has displayed strong revenue and net profit during last 3 years. The shares are offered at reasonable valuations, compared to peer group companies.
+ from fundamental angle: Apply
+ from grey market angle: so-so
Quicklinks
Kataria Industries IPO GMP today allotment, review?
Kataria Industries IPO GMP grey market premium
Kataria Industries IPO FAQs
What is Kataria Industries IPO?
This is a SME IPO of 6150000 equity shares of the face value of Rs. 10 aggregating up to Rs.59.04 Crores. The issue is priced at Rs.91-96 per share. The minimum order quantity is 1200 Shares.
When will Kataria Industries IPO subscription open?
The IPO opens on July 16, 2024, and closes on July 19, 2024.
What is the lot size of Kataria Industries IPO?
The IPO lot size is 1200 Shares, and the minimum amount required is Rs.115200
How to apply for Kataria Industries IPO?
You can apply in this IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Kataria Industries IPO allotment?
The finalization of Basis of Allotment for this IPO will be done on 22 July, 2024, and the allotted shares will be credited to your demat account by July 23, 2024.
When is Kataria Industries IPO listing date?
This IPO listing date is July 24, 2024.
