214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Kalana Ispat IPO (Kalana Ispat Limited IPO) Detail

Kalana Ispat Limited is an Metal based company, located in Ahmedabad, Kalana Ispat Limited IPO size was 32.59 Cr. and was issued at 66.00 per share. The share of Kalana Ispat Limited were listed at 45.15 per share and are currently trading at 34.00 per share.

Type :
Sub Sector : Manufacturing M.S. Billets And Alloy Steel Billets Of Various Grades
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
73.95 Cr.

PAT :
2.37 Cr.

Pricing Report

Issue Price :
66.00

Listing Price :
45.15

Current Market Price :
34.00

Issue Price vs CMP :
32 (48.48%)

listing Price vs CMP :
11.15 (24.70%)

Performance Report (CAGR* wise)

CAGR : -47.21
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Kalana Ispat

Company Information
Kalana Ispat Limited was originally incorporated as ‘Kalana Ispat Private Limited’ on October 15, 2012, under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the company was converted from a private limited company to a public limited company following a resolution passed at an extraordinary general meeting held on December 04, 2023. As a result, the company’s name was changed to “Kalana Ispat Limited,” and a fresh certificate of incorporation was issued on December 21, 2023. The Corporate Identification Number of the company is U27100GJ2012PLC072306. The company is promoted by Mr. Aftabhusen S. Khandwawala, Mr. Varghese Joseph Pottakerry, Mr. Gurubaxsing Jamiatsing Bagga, and Mr. Sadik Nannabhai Qureshi. Initially, the company engaged in
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Object of Issue
  • Capital Expenditure for Installation of MW DC & MW AC Ground Mounted Solar Power Plant - TPSAT Structure
  • Capital expenditure for setting up of rolling mill at Survey No/ Taluka Sanand, Mouje Kala village, Ahmedabad by the construction of the industrial shed, purchase of equipment/machinery, other assets etc
  • General Corporate Purpose

Kalana Ispat SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2024
IPO Size :
32.59 Cr.
Market Cap :
86.08 Cr.   
IPO Subscription :
59.92 X     
PE Multiple :
36.37
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Kalana Ispat operates in Metal and Manufacturing M.S. Billets And Alloy Steel Billets Of Various Grades. The Issue is listed on NSE EMERGE in Sep, 2024. Kalana Ispat IPO size was 32.59 Cr. with Issue price of 66.00 .

Kalana Ispat IPO subscription was 59.92 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Kalana Ispat IPO listed at a listing price of 45.15 against the offer price of 66.00.

The current market price of Kalana Ispat is 34.00.

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