IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Kalana Ispat IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Metal sector. Jawa Capital Services Private is the merchant banker of Kalana Ispat IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001.
Kalana Ispat IPO open date is 19th September 2024 and close date is 23rd September 2024. IPO Allotment Date is 24th September 2024 and Listing date is 26th September 2024.Kalana Ispat IPO size is Rs 32.59 Cr. crores with IPO price of Rs 66.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Jawa Capital Services Private Limited is the book-running lead manager of the Kalana Ispat IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Aftertrade Broking Private Limited for Kalana Ispat IPO.
Kalana Ispat IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kalana Ispat IPO, based in Ahmedabad, operates in the Metal sector with a focus on manufacturing M.S. Billets and Alloy Steel Billets of various grades. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Kalana Ispat IPO size is ₹ 32.59 Cr. Crores with fresh issue size of Rs 32.59 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Kalana Ispat IPO is expected to be 24th September 2024, after the finalization of basis of allotment. Investors can check Kalana Ispat IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Kalana Ispat IPO refund dates are 25th September 2024.
Kalana Ispat IPO is expected to be listed on 26th September 2024.
The upper price band for the Kalana Ispat IPO is set at ₹ 66.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kalana Ispat IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kalana Ispat IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd September 2024. After submission, funds are blocked until the basis of allotment of Kalana Ispat IPO is finalised.
The merchant banker for Kalana Ispat IPO is Jawa Capital Services Private Limited . Jawa Capital Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kalana Ispat IPO RHP for further details.
The registrar for Kalana Ispat IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kalana Ispat IPO through their official website or helpline.
Kalana Ispat IPO was subscribed 59.92 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 32.59 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.14 Cr.
Sector: Metal
SME IPO so far:
12
Merchant Banker:
Jawa Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 0.74 cr.
PE
Ratio:
36.37x
Average Sector PE Ratio: 20.67x
Kalana Ispat IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kalana Ispat Financial Review Page
Merchant Banker(s) of Kalana Ispat IPO: Jawa Capital Services Private Limited
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 48.50.
Why Us?
