Bookbuilding IPO | ₹740 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Kumar Arch Tech Ltd. on January 31, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Kumar Arch Tech Ltd. IPO is a Book Build Issue of ₹740.00 crores consisting of a fresh issue of shares worth Rs ₹240.00 crores and an offer for sale (OFS) of ₹500.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Kumar Arch Tech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹740 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹240 Cr) |
| Offer for Sale | [.] shares of ₹2 (agg. up to ₹500 Cr) |
| Share Holding Pre Issue | 17,18,26,200 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Sep 27, 2024 |
| SEBI/Exchange approval received | Fri, Jan 31, 2025 |
| SEBI approval expired | Sat, Jan 31, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer size |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Kumar Arch Tech Limited, operating under the brand name ECHON, is a leading Indian manufacturer and exporter of PVC blend-based building material products. Established on February 23, 1998, the company has over 22 years of experience in the industry.
Product Portfolio:
The company offers a diverse range of products, including:
Market Presence:
As of March 31, 2024, Kumar Arch Tech Limited held an 18% market share in India's PVC building material sector. The company has a well-established global footprint, exporting to approximately 15 countries, including a significant presence in the United States, where it accounted for 28% of India's exports of PVC blend-based building material products.
Manufacturing Capacity:
The company's state-of-the-art production facility in Udaipur, Rajasthan, boasts a production capacity of 27,600 metric tons per annum (MTPA) as of 2024, enabling it to meet the growing demand for its products.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 294.29 | 197.38 | 141.86 |
| Total Income | 416.29 | 414.51 | 254.74 |
| Profit After Tax | 110.80 | 63.01 | 20.43 |
| NET Worth | 228.34 | 117.37 | 53.78 |
| Reserves and Surplus | 222.62 | 111.65 | 48.06 |
| Total Borrowing | 30.06 | 29.40 | 29.60 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our wholly owned Subsidiary, TIPL for financing its capital expenditure requirements for the greenfield project in relation to the manufacture of PVC based products. | 182.09 |
| 2 | General Corporate Purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 64.10% |
| ROCE | 54.98% |
| Debt/Equity | 0.13 |
| RoNW | 48.52% |
| PAT Margin | 27.16% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Kumar Arch Tech IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹740 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Kumar Arch Tech IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Kumar Arch Tech IPO using UPI as a payment gateway. Zerodha customers can apply in Kumar Arch Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kumar Arch Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kumar Arch Tech IPO dates are not announced. Please check back again after some time.
Kumar Arch Tech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Kumar Arch Tech 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 Kumar Arch Tech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Kumar Arch Tech IPO allotment status.
The Kumar Arch Tech IPO listing date is not yet announced. The tentative date of listing is .
