Kaka Industries Limited

Company Profile
Company Name Kaka Industries Limited
Open Date 10-07-2023
Close Date 12-07-2023
Exchange BSE SME
Lot Size 2000 shares
Issue Price ₹55 to ₹58 per share
Issue Size 36,60,000
Application Amount 1,16,000
Recommendation Avoid
Kaka Industries Limited was incorporated on June 21, 2019. The company is a PVC profile brand, focused primarily on manufacturing of polymer-based profiles which finds application in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets & other interior and exterior works. The product portfolio has over 1200 SKU’s covering PVC Profile, uPVC door & window profile, WPC Profile & sheet in various sizes, specifications and colours. The company is also engaged in fabrication of factory-made PVC & Solid PVC doors. Except for WPC (Wood-polymer composite) profile and doors, all the products are non-wood based, which substitute wood-products. As on the date of this Red Herring Prospectus, the company has three manufacturing units in village Zak, Gandhinagar district, Gujarat, which has a combined installed capacity of 15,425 MT for manufacturing PVC profile, 2,995 MT for WPC profile & sheet, 2,022 MT for uPVC door & window profile. The companies manufacturing facility has accreditations such as ISO 9001:2015 for quality management system, ISO 45001:2018 for occupational health and safety management systems, ISO 14001:2015 for environmental management system, compliance certificate as per construction products regulations(CPR) 305/2011 and “Assured Green Business” from United Ackreditering Services Limited, UK. The company is currently in process of setting up a new manufacturing plant in village Lasundra, Kheda district (Gujarat), in order to increase the manufacturing capabilities.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 3,568.02 4,614.76 6,767.00
Net Assets 743.65 1,241.31 1,956.88
Total Borrowings 1,999.00 2,735.55 4,013.66
Total Revenue 7,879.01 11,709.98 15,887.70
Profit After Tax 302.51 497.66 718.50

Tentative Timeline

Opening Date 10-07-2023
Closing Date 12-07-2023
Basis of Allotment 17-07-2023
Initiation of Refunds 18-07-2023
Credit of Shares to Demat 19-07-2023
Listing Date 20-07-2023

Objects of the Issue

Repayment of unsecured and secured loans.
General Corporate Purposes.
Meeting Public Issue Expenses.

Contact Information

Registered Office Kaka Industries Limited Plot No. 67, Bhagwati Nagar, Opp Nilkanth Arcade, Opp. Kathwada GIDC, Kuha-Kanbha Road Ahmedabad -382415
Phone +91-80004-46524
Email investors@kakaprofile.com
Website https://kakaprofile.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://www.bigshareonline.com

IPO Reservation

Anchor Investor Shares Offered 10,38,000 (28.36%)
Market Maker Shares Offered 1,92,000 (5.25%)
QIB Shares Offered 6,94,000 (18.96%)
NII (HNI) Shares Offered 5,22,000 (14.26%)
Retail Shares Offered 12,14,000 (33.17%)
Total Shares Offered 36,60,000 (100%)

Shareholding Pattern

Pre Issue Share Holding 95.32%
Post Issue Share Holding 69.78%

Contact Us to Enable Your Success!