Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Mon, Jun 27, 2022 - Thu, Jun 30, 2022
KCK Industries IPO is a fixed price issue of ₹4.50 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹4.50 crore.
KCK Industries IPO bidding started from Jun 27, 2022 and ended on Jun 30, 2022. The allotment for KCK Industries IPO was finalized on Jul 5, 2022. The shares got listed on NSE SME on Jul 8, 2022.
KCK Industries IPO price is ₹30 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Navigant Corporate Advisors Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to KCK Industries IPO RHP for detailed Information.
IPO Open
Mon, Jun 27, 2022
IPO Close
Thu, Jun 30, 2022
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹16.50 Cr
| IPO Date | 27 to 30 Jun, 2022 |
| Listed on | Fri, Jul 8, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 15,00,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 76,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.2280 Cr) |
| Fresh Issue (Ex Market Maker) | 14,24,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 14,24,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 40,00,000 shares |
| Share Holding Post Issue | 55,00,000 shares |
| NSE Symbol | KCK |
| ISIN | INE0J1E01019 |
KCK Industries IPO comprises a total issue size of 15,00,000 shares. The net offer to the public is 14,24,000 shares, after excluding 76,000 shares allotted on a firm basis. Of the Net offer 7,12,000 (50.00%) allocated to NII 7,12,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,12,000 | 50.00% | 47.47% |
| Retail Shares Offered | 7,12,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 76,000 | 5.07% | |
| Total Shares Offered | 15,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
KCK Industries Limited is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns. The yarns are used for apparel, undergarments, Terry Towels, Denims, Medical Fabrics, Furnishing Fabrics and Industrial Fabrics.
The company's products portfolio in chemicals and dyes includes Combed yarn and Carded yarn, Easy Care Finishing, Softener, Pigment printing,Softener, ntifoaming/Deaerating and basic chemicals.
KCK Industries Limited also has a processing plant for non-basmati and basmati rice. The company has a strong network of wholesalers, semi wholesalers and retailers.
Competitive Strengths:
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 36.66 | 30.93 | 21.49 | 17.26 |
| Total Income | 44.54 | 39.13 | 51.51 | 40.95 |
| Profit After Tax | 1.00 | 0.19 | 0.32 | 0.21 |
| NET Worth | 5.21 | 4.21 | 2.51 | 2.20 |
| Reserves and Surplus | 1.21 | 0.21 | 0.51 | 0.20 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the requirement of Working Capital | 3.36 |
| 2 | To meet General corporate purposes | 0.84 |
| 3 | To meet the expenses of the Issue | 0.30 |
| KPI | |
|---|---|
| RoNW | 4.58% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.48 | |
| P/E (x) | 12.4 | |
| Promoter Holding | 77.91% | 56.66% |
| Market Cap | ₹16.50 Cr. |
The KCK Industries IPO is subscribed 5.91 times on June 30, 2022 5:00:00 PM (Day 4). The public issue subscribed 8.79 times in the retail category, [.] times in the QIB category, and 3.02 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 3.02 | 7,12,000 | 21,52,000 |
| Retail | 8.79 | 7,12,000 | 62,60,000 |
| Total | 5.91 | 14,24,000 | 84,12,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees, Underwriting Fees selling commissions, brokerages, Payment to other intermediaries such as Legal Advisors, Registrars etc | 0.18 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.03 |
| 3 | Advertisement & Marketing Expenses | 0.04 |
| 4 | Regulatory & other expenses | 0.06 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹25.00 |
| Low | ₹23.75 |
| High | ₹26.25 |
| Last Trade | ₹26.25 |
Lead Manager Reports
KCK Industries IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Mon, Jun 27, 2022, and closes on Thu, Jun 30, 2022.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in KCK Industries IPO using UPI as a payment gateway. Zerodha customers can apply in KCK Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KCK Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KCK Industries IPO opens on Mon, Jun 27, 2022 and closes on Thu, Jun 30, 2022.
KCK Industries IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in KCK 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 KCK Industries IPO will be done on Tuesday, July 5, 2022, and the allotted shares will be credited to your demat account by Thu, Jul 7, 2022. Check the KCK Industries IPO allotment status.
The KCK Industries IPO listing date is on Fri, Jul 8, 2022.
