58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Kalyani Cast Tech Limited IPO (Kalyani Cast Tech IPO) Detail

Kalyani Cast Tech IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Automobile - Forging And Casting sector. Gretex Corporate Services is the merchant banker of Kalyani Cast Tech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th August 2023.

Kalyani Cast Tech IPO open date is 8th November 2023 and close date is 10th November 2023. IPO Allotment Date is 13th November 2023 and Listing date is 17th November 2023.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

Kalyani Cast Tech IPO Date

Date of DRHP:
14th August 2023
IPO Allotment Date:
13th November 2023
IPO Open Date:
8th November 2023
Initiation of Refund:
15th November 2023
IPO Closing Date:
10th November 2023
IPO Listing Date:
17th November 2023

Kalyani Cast IPO Info, Size, Subscription

Kalyani Cast Tech IPO size is Rs 30.11 Cr. crores with IPO price of Rs 139.00 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.

IPO Size :
₹ 30.11 Cr.

Issue Price:
₹ 139.00

Market Capitalisation :
₹ 99.81 Cr.

PE multiple :
8.49

Subscription :
208.59 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
69.83%

Kalyani Cast Tech IPO Information

Sub Sector : business of casting
Kalyani Cast Tech was incorporated in the year 2012, Initially they started with the business of casting for which they had commissioned a casting unit at Rewari in Haryana. The company has a class A foundry and manufactures products such as MG Coupler Components, CI Brake Blocks, Adapter for WDG4 Loco, Bearing housing for electrical loco, Corner casting for Containers motor hub traction motors etc. They cater to a diverse client base such as Indian railways, companies engaged in Mining Industry, Cement Industry, chemicals and fertilizer and power plants. The company while catering to railways saw an opportunity in the year 2018 and started an addition line of business of manufacturing Containers. These containers were used by the railway transporters to transport goods via rail
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Object of Issue (Kalyani Cast IPO Objectives)

  • Working Capital Requirements
  • General Corporate Purposes

Gretex Corporate Services Limited is the book-running lead manager of the Kalyani Cast Tech IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Kalyani Cast Tech IPO.

Kalyani Cast IPO Market Maker

Gretex Share Broking Private Limited

Kalyani Cast IPO Registrar (RTA)

Bigshare Services Private Limited

Kalyani Cast IPO Lead Manager (BRLM)

Gretex Corporate Services Limited

Kalyani Cast Tech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.

Anchor Investors in Kalyani Cast IPO

No. of Anchor Investors: 4

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
LC Radiance Fund 216,000.00 ₹139.00 ₹30,024,000.00
Resonance Opportunities Fund 108,000.00 ₹139.00 ₹15,012,000.00
Next Orbit Ventures 144,000.00 ₹139.00 ₹20,016,000.00
Zeal Global Opportunites 72,000.00 ₹139.00 ₹10,008,000.00

Kalyani Cast Tech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Kalyani Cast Tech IPO?

Kalyani Cast Tech IPO, based in New Delhi, operates in the   Automobile - Forging And Casting sector with a focus on business of casting. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Kalyani Cast Tech IPO size is ₹ 30.11 Cr. Crores with fresh issue size of Rs 30.11 Cr. Crores and Offer for sale being Nil.

When is Kalyani Cast IPO allotment?

The IPO allotment date for Kalyani Cast Tech IPO is expected to be 13th November 2023, after the finalization of basis of allotment. Investors can check Kalyani Cast Tech IPO allotment status on the registrars website, Bigshare Services Private Limited. Kalyani Cast Tech IPO refund dates are 15th November 2023.

When is Kalyani Cast Tech IPO listing date?

Kalyani Cast Tech IPO is expected to be listed on 17th November 2023.

What is the price band for Kalyani Cast IPO?

The upper price band for the Kalyani Cast Tech IPO is set at ₹ 139.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Kalyani Cast Tech IPO Review?

For IPO analysis on Kalyani Cast Tech 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.

How to Apply for Kalyani Cast Tech IPO?

To apply for the Kalyani Cast Tech 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 10th November 2023. After submission, funds are blocked until the basis of allotment of Kalyani Cast Tech IPO is finalised.

Who is the merchant banker of Kalyani Cast IPO?

The merchant banker for Kalyani Cast Tech IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kalyani Cast Tech IPO RHP for further details.

Who is the Registrar of Kalyani Cast Tech IPO?

The registrar for Kalyani Cast Tech IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kalyani Cast Tech IPO through their official website or helpline.

What is the Kalyani Cast Tech IPO subscription?

Kalyani Cast Tech IPO was subscribed 208.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 30.11 Cr. Avg IPO Size (Sector Based) : ₹ 21.31 Cr.
  • Sector: Automobile - Forging And Casting SME IPO so far: 8
  • Merchant Banker: Gretex Corporate SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 98.56 cr.
            PAT: (annualised): ₹ 11.72 cr.
  • PE Ratio: 8.49x Average Sector PE Ratio: 18.11x
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FAQs

Kalyani Cast Tech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kalyani Cast Tech Financial Review Page

Kalyani Cast Tech IPO subscription was 208.59 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.

Kalyani Cast Tech IPO listed at a listing price of 277.30 against the offer price of 139.00.

The current market price of Kalyani Cast Tech is 412.00.

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