Bookbuilding IPO | ₹55 Cr | Listed at NSE SME | Tue, Jul 16, 2024 - Fri, Jul 19, 2024
Kataria Industries IPO is a book build issue of ₹54.57 crores. The issue is entirely a fresh issue of 0.57 crore shares of ₹54.57 crore.
Kataria Industries IPO bidding started from Jul 16, 2024 and ended on Jul 19, 2024. The allotment for Kataria Industries IPO was finalized on Jul 22, 2024. The shares got listed on NSE SME on Jul 24, 2024.
Kataria Industries IPO price band is set at ₹96 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,15,200 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,30,400.
Interactive Financial Services 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 Mnm Stock Broking Pvt.Ltd..
Refer to Kataria Industries IPO RHP for detailed Information.
IPO Open
Tue, Jul 16, 2024
IPO Close
Fri, Jul 19, 2024
Issue Price
₹96 per share
Market Cap (Pre-IPO)
₹206.71 Cr
| IPO Date | 16 to 19 Jul, 2024 |
| Listed on | Wed, Jul 24, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹91 to ₹96 |
| Issue Price | ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 56,84,400 shares (agg. up to ₹55 Cr) |
| Reserved for Market Maker | 2,88,000 shares Mnm Stock Broking Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 53,96,400 shares (agg. up to ₹52 Cr) |
| Net Offered to Public | 53,96,400 shares (agg. up to ₹52 Cr) |
| Share Holding Pre Issue | 1,58,46,834 shares |
| Share Holding Post Issue | 2,15,31,834 shares |
| NSE Symbol | KATARIA |
| ISIN | INE0SVY01018 |
Kataria Industries IPO comprises a total issue size of 56,84,400 shares. The net offer to the public is 53,96,400 shares, after excluding 2,88,000 shares allotted on a firm basis. Of the Net offer 26,97,600 (49.99%) are allocated to QIB, 8,10,000 (15.01%) allocated to NII 18,88,800 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 26,97,600 | 49.99% | 47.46% |
| − Anchor Investor Shares Offered | 16,17,600 | 28.46% | |
| − QIB (Ex. Anchor) Shares Offered | 10,80,000 | 19.00% | |
| NII (HNI) Shares Offered | 8,10,000 | 15.01% | 14.25% |
| Retail Shares Offered | 18,88,800 | 35.00% | 33.23% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,88,000 | 5.07% | |
| Total Shares Offered | 56,84,400 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,15,200 |
| Retail (Max) | 1 | 1,200 | ₹1,15,200 |
| HNI (Min) | 2 | 2,400 | ₹2,30,400 |
Kataria Industries IPO raises ₹15.53 crore from anchor investors. Kataria Industries IPO Anchor bid date is July 15, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jul 15, 2024 |
| Shares Offered | 16,17,600 |
| Anchor Portion (₹ Cr.) | 15.53 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Aug 21, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Oct 20, 2024 |
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:-
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.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 120.03 | 150.59 | 127.87 |
| Total Income | 341.49 | 333.93 | 250.49 |
| Profit After Tax | 10.02 | 7.78 | 7.38 |
| NET Worth | 45.50 | 35.84 | 28.06 |
| Reserves and Surplus | 30.02 | 33.20 | 25.42 |
| Total Borrowing | 63.37 | 106.96 | 91.42 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for purchase of machineries | 1.75 |
| 2 | Repayment of Debt | 46.00 |
| 3 | General Corporate Purpose | 5.05 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 24.53% |
| ROCE | 17.40% |
| Debt/Equity | 1.38 |
| RoNW | 22.03% |
| PAT Margin | 2.95% |
| Price to Book Value | 4.24 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.32 | 4.65 |
| P/E (x) | 15.18 | 20.63 |
| Promoter Holding | 100% | 73.6% |
| Market Cap | ₹206.71 Cr. |
The Kataria Industries IPO is subscribed 393.87 times on July 19, 2024 6:20:00 PM (Day 3). The public issue subscribed 274.61 times in the retail category, 171.04 times in the QIB category, and 970.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 171.04 | 10,81,000 | 18,48,99,600 |
| NII* | 970.17 | 8,09,000 | 78,48,66,000 |
| Retail | 274.61 | 18,89,400 | 51,88,44,000 |
| Total | 393.87 | 37,79,400 | 1,48,86,09,600 |
Total Application : 4,32,370
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission. | 1.20 |
| 2 | Brokerage, selling commission and Marketing | 0.15 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and marketing expenses | 0.10 |
| 6 | Regulators including stock exchanges | 0.15 |
| 7 | Printing and distribution of issue stationary | 0.02 |
| 8 | Others (Market Making fees etc.) | 0.12 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹96.00 |
| Open | ₹182.40 |
| Low | ₹182.40 |
| High | ₹191.50 |
| Last Trade | ₹191.50 |
Lead Manager Reports
Kataria Industries IPO is a SME IPO of 56,84,400 equity shares of the face value of ₹10 aggregating up to ₹55 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Jul 16, 2024, and closes on Fri, Jul 19, 2024.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Kataria Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Kataria Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kataria Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kataria Industries IPO opens on Tue, Jul 16, 2024 and closes on Fri, Jul 19, 2024.
Kataria Industries IPO lot size is 1200, and the minimum amount required for application is ₹1,15,200.
You can apply in Kataria 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 Kataria Industries IPO will be done on Monday, July 22, 2024, and the allotted shares will be credited to your demat account by Tue, Jul 23, 2024. Check the Kataria Industries IPO allotment status.
The Kataria Industries IPO listing date is on Wed, Jul 24, 2024.
