Kataria Industries IPO bidding opened for subscription on July 16, 2024 and will close on July 19, 2024. The allotment for the Kataria Industries IPO is expected to be finalized on Monday, July 22, 2024. Kataria Industries IPO will list on NSE SME with tentative listing date fixed as Wednesday, July 24, 2024.
IPO Size: 5,685,000 shares (54.58 Cr) Fresh Issue: 5,685,000 shares (54.58 Cr) Subscription Dates: July 16, 2024 to July 19, 2024 Expected Allotment: Monday, July 22, 2024 Listing Date (Tentative): July 24, 2024 Price Band: ₹91 to ₹96 per share Retail Investors: ₹.115,200 (1200 shares) Small HNI : ₹.230,400(2 lots, 2400 shares) Big HNI : ₹.1,036,800(9 lots, 10800 shares)
| IPO Date | July 16, 2024 to July 19, 2024 |
| Listing Date | July 24, 2024 |
| Face Value | ₹10 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 5,685,000 shares (aggregating up to ₹54.58 Cr) |
| Fresh Issue | 5,685,000 (aggregating up to ₹54.58 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,846,834 |
| Share holding post issue | 21,531,834 |
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,617,383 (28.45%) |
| QIB Shares Offered | 1,080,719 (19.01%) |
| NII (HNI) Shares Offered | 1,097,205 (19.30%) |
| Retail Shares Offered | 1,889,126 (33.23%) |
| Total Shares Offered | 5,685,000 (100%) |
| Investor Category | Shares Offered *** | Shares Bid for | Total Amount (Rs Cr.)* | Subscription (times) |
|---|---|---|---|---|
| Anchor Investors | 1,617,383 | |||
| Qualified Institutions | 1,080,719 | |||
| Non-Institutional Buyers | 1,097,205 | |||
| Retail Investors | 1,889,126 | |||
| Total | 4,587,227 | 0 | 0.00 | 0.00 |
Kataria Industries Limited IPO raises ₹ 15.53 crore from anchor investors. Kataria Industries Limited IPO Anchor bid date is July 15, 2024. Kataria Industries Limited IPO Anchor Investors list
| Bid Date | July 15, 2024 |
| Shares Offered | 1617600 |
| Anchor Portion Size (In Cr.) | 15.53 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 21, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 20, 2024 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 18-07-2024 | ₹96 | ₹60 | ₹156 (62.50%) | 18-07-2024 11:07 |
| 17-07-2024 | ₹96 | ₹55 | ₹151 (57.29%) | 17-07-2024 07:07 |
| 16-07-2024 | ₹96 | ₹54 | ₹150 (56.25%) | 16-07-2024 07:07 |
| 15-07-2024 | ₹96 | ₹50 | ₹146 (52.08%) | 15-07-2024 06:07 |
| 14-07-2024 | ₹96 | ₹42 | ₹138 (43.75%) | 14-07-2024 07:07 |
| 13-07-2024 | ₹96 | ₹41 | ₹137 (42.71%) | 13-07-2024 07:07 |
| 12-07-2024 | ₹96 | ₹40 | ₹136 (41.67%) | 12-07-2024 06:07 |
Kataria Industries Limited IPO opens on July 16, 2024 and closes on July 19, 2024.
| IPO Open Date | Tuesday, July 16, 2024 |
| IPO Close Date | Friday, July 19, 2024 |
| Basis of Allotment* | Monday, July 22, 2024 |
| Initiation of Refunds* | Tuesday, July 23, 2024 |
| Credit of Shares to Demat* | Tuesday, July 23, 2024 |
| Listing Date* | Wednesday, July 24, 2024 |
| Cut-off time for UPI mandate confirmation | 05:00 pm, July 19, 2024 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹ 115,200 |
| Retail (Max) | 1 | 1200 | ₹ 115,200 |
| HNI (Min) | 2 | 2400 | ₹ 230,400 |
The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.
Incorporated in 2004, Kataria Industries Limited manufactures and supplies Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head, and Wedges), HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors. The company's wide range of products is used in various sectors, including Infrastructure, Roads, Bridges, Flyovers, Metros, Railways, High-Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission, and Distribution Lines.
The product portfolio of the company comprises the following:-
The company has two manufacturing plants in Ratlam, Madhya Pradesh, both equipped with essential machinery, infrastructure, and in-house testing facilities to ensure our products meet standards.
The company's manufacturing facility is certified for quality management systems under ISO 9001:2015.
The company serves both domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.
As of December 31, 2023, the company employs 71 permanent workers in various departments.
The company proposes to utilize the Net Proceeds from the issue towards the following objects
Kataria Industries Limited
34-38 and 44,
Industrial Area
Ratlam-457001
Phone: 07412 299407
Email: info@katariagroup.co.in
Website: https://www.katariaindustries.co.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
| Listing Date | July 24, 2024 |
| Final Issue Price | ₹ 96 per share |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹ 96 | ₹ 96 |
Kataria Industries Limited IPO is a main-board FPO of 5,685,000 equity shares of the face value of ₹ 10 aggregating up to ₹ 54.58 Crores. The issue is priced at ₹91 to ₹96 per share. The minimum order quantity is 1200 Shares.
The Kataria Industries Limited IPO opens on July 16, 2024 and closes on July 19, 2024.
Retail Investors: ₹.115,200 (1200 shares) Small HNI : ₹.230,400(2 lots, 2400 shares) Big HNI : ₹.1,036,800(9 lots, 10800 shares)
The finalization of Basis of Allotment for Kataria Industries Limited IPO will be done on Monday, July 22, 2024, and the allotted shares will be credited to your demat account by Tuesday, July 23, 2024. Check the Kataria Industries Limited IPO allotment status.