Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Katex Exim Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 11, 2025.
Katex Exim Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the BSE SME. Nirbhay Capital Services Pvt.Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Aug 7, 2024 |
| Offer document withdrawn | Tue, Feb 11, 2025 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Incorporated in 2017, Katex Exim Limited is Originally known as S.A.N.K. Creations Private Limited is engaged in the manufacturing and exporting pf bedding textiles, including bed sheet sets, duvet covers, pillow pairs, and comforters.
The company's manufacturing facility is located at Shree Shyam Industrial Park, Saijpur-Gopalpur-Shahwadi, New Vatva Taluka, Narol, Ahmedabad, Gujarat.
The company offers a diverse range of bedsheets in various sizes, materials, thread counts, patterns, and colors, catering to different customer preferences and ensuring quality and comfort.
The company exports primarily to Australia, USA, and Israel, sourcing fabric printing in India on a job work basis using techniques like digital, screen, and rotary printing for bedsheets.
Products:
One Flat Sheet, One Fitted Sheet, Two Pillow Covers, Duvet Cover, Two Pillow Covers, Two Pillow Covers.
As on May 31, 2024, the company had 31 employees on roll of the company. Further as at May 31, 2024 the company employed 225 contract employees.
Competitive Strengths:
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 89.59 | 84.06 | 74.53 |
| Total Income | 137.27 | 123.14 | 142.90 |
| Profit After Tax | 7.95 | 3.71 | 2.02 |
| NET Worth | 25.85 | 15.87 | 12.14 |
| Reserves and Surplus | 16.37 | 6.91 | 3.20 |
| Total Borrowing | 53.24 | 55.34 | 53.43 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 3.00 |
| 2 | To Meet Working Capital Requirements | 26.25 |
| 3 | General Corporate Purpose |
| KPI | Mar 31, 2023 |
|---|---|
| ROE | 26.39% |
| ROCE | 13.67% |
| Debt/Equity | 3.48 |
| RoNW | 23.37% |
| PAT Margin | 3.07% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Katex Exim IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Katex Exim IPO open and close dates are not available as of now.
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 Katex Exim IPO using UPI as a payment gateway. Zerodha customers can apply in Katex Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Katex Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Katex Exim IPO dates are not announced. Please check back again after some time.
Katex Exim IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Katex Exim 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 Katex Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Katex Exim IPO allotment status.
The Katex Exim IPO listing date is not yet announced. The tentative date of listing is .
