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Kaka Industries IPO is a book build issue of ₹21.23 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹21.23 crore.
Kaka Industries IPO bidding started from Jul 10, 2023 and ended on Jul 12, 2023. The allotment for Kaka Industries IPO was finalized on Jul 17, 2023. The shares got listed on BSE SME on Jul 19, 2023.
Kaka Industries IPO price band is set at ₹58.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,10,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,32,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Kaka Industries IPO RHP for detailed Information.
| IPO Date | July 10, 2023 to July 12, 2023 |
| Listing Date | July 19, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹55 to ₹58 per share |
| Issue Price Final | ₹58 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 36,60,000 shares (aggregating up to ₹21.23 Cr) |
| Reserved for Market Maker | 1,92,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹1.11 Cr) |
| Net Offered to Public | 34,68,000 shares (aggregating up to ₹20.11 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,36,60,000 shares |
Kaka Industries IPO offers total 36,60,000 shares. Out of which 17,32,000 (47.32%) allocated to QIB, 6,94,000 (18.96%) allocated to QIB, 5,22,000 (14.26%) allocated to NII, 12,14,000 (33.17%) allocated to RII and 10,38,000 (28.36%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,92,000 (5.25%) |
| QIB Shares Offered | 17,32,000 (47.32%) |
| − Anchor Investor Shares Offered | 10,38,000 (28.36%) |
| − QIB (Ex. Anchor) Shares Offered | 6,94,000 (18.96%) |
| NII (HNI) Shares Offered | 5,22,000 (14.26%) |
| Retail Shares Offered | 12,14,000 (33.17%) |
| Total Shares Offered | 36,60,000 (100.00%) |
Kaka Industries IPO raises ₹6.02 crore from anchor investors. Kaka Industries IPO Anchor bid date is July 9, 2023. Kaka Industries IPO Anchor Investors list
| Bid Date | July 9, 2023 |
| Shares Offered | 10,38,000 |
| Anchor Portion Size (In Cr.) | 6.02 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 16, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 15, 2023 |
Kaka Industries IPO opens on July 10, 2023, and closes on July 12, 2023.
| IPO Open Date | Mon, Jul 10, 2023 |
| IPO Close Date | Wed, Jul 12, 2023 |
| Tentative Allotment | Mon, Jul 17, 2023 |
| Initiation of Refunds | Tue, Jul 18, 2023 |
| Credit of Shares to Demat | Wed, Jul 19, 2023 |
| Tentative Listing Date | Wed, Jul 19, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 12, 2023 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,16,000 |
| Retail (Max) | 1 | 2,000 | ₹1,16,000 |
| HNI (Min) | 2 | 4,000 | ₹2,32,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2019, Kaka Industries Limited manufactures polymer-based profiles for application in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets & other interior and exterior works.
The company's product portfolio has over 1200 SKUs covering PVC Profile, uPVC door & window profile, WPC Profile & sheets in various sizes, specifications, and colors. It is also engaged in the fabrication of factory-made PVC & Solid PVC doors. Except for WPC (Wood-polymer composite) profile and doors, all the products are non-wood based, which substitutes wood products and results in the saving of trees.
Kaka Industries has three manufacturing units in village Zak, Gandhinagar district, Gujarat, which has a combined installed capacity of 15,425 MT for manufacturing PVC profile, 2,995 MT for WPC profile & sheet, 2,022 MT for uPVC door & window profile. It also has a well-equipped laboratory, modern technology, and testing equipment with supporting environment and facilities, to ensure that the products conform with the desired quality.
The company's distribution network comprises 3 depots situated in Gagilapur (Telangana), Dadri (Uttar Pradesh), and Surat (Gujarat).
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,190.68 | 4,148.74 | 141.14 | 142.14 | 141.14 | 830.50 |
| 31-Mar-21 | 3,568.02 | 7,879.00 | 302.51 | 743.65 | 493.65 | 1,999.00 |
| 31-Mar-22 | 4,614.76 | 11,709.98 | 497.66 | 1,241.31 | 991.31 | 2,735.55 |
| 31-Mar-23 | 6,767.00 | 15,887.70 | 718.50 | 1,956.88 | 956.88 | 4,013.66 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Kaka Industries IPO is ₹79.23 Cr.
| KPI | Values |
|---|---|
| ROE | 44.93% |
| ROCE | 20.83% |
| Debt/Equity | 2.05 |
| RoNW | 36.72% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company operates in a highly competitive and fragmented segment. Based on its financial performance so far, the issue appears reasonably priced. Well-informed investors may park funds for medium to long-term rewards. Read detail review...
| Listing Date | July 19, 2023 |
| BSE Script Code | 543939 |
| NSE Symbol | |
| ISIN | INE0P3N01018 |
| Final Issue Price | ₹58 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹58.00 |
| Open | ₹110.20 |
| Low | ₹110.20 |
| High | ₹115.71 |
| Last Trade | ₹115.71 |
Kaka Industries Ltd.
Plot No. 67, Bhagwati Nagar,
Opp Nilkanth Arcade, Opp. Kathwada GIDC,
Kuha-Kanbha Road Ahmedabad -382415
Ahmedabad, Gujarat
Phone: +91-80004-46524
Email: investors@kakaprofile.com
Website: https://kakaprofile.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Kaka Industries IPO is a SME IPO of 36,60,000 equity shares of the face value of ₹10 aggregating up to ₹21.23 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000.
The IPO opens on July 10, 2023, and closes on July 12, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Kaka Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Kaka Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kaka Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kaka Industries IPO opens on July 10, 2023 and closes on July 12, 2023.
Kaka Industries IPO lot size is 2000, and the minimum amount required for application is ₹1,16,000.
You can apply in Kaka Industries IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Kaka Industries IPO will be done on Monday, July 17, 2023, and the allotted shares will be credited to your demat account by Wednesday, July 19, 2023. Check the Kaka Industries IPO allotment status.
The Kaka Industries IPO listing date is on Wednesday, July 19, 2023.
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