Kalana Ispat Limited

Company Profile
Company Name Kalana Ispat Limited
Open Date 19-09-2024
Close Date 23-09-2024
Exchange NSE SME
Lot Size 2,000 Shares
Issue Price ₹66 per share
Issue Size 49,38,000 shares
Application Amount ₹ 1,32,000 (2,000 shares)
Recommendation Avoid
Kalana Ispat Limited was originally formed and incorporated on October 15, 2012. The registered office is located at Ahmedabad, Gujarat, India. The Company is primarily engaged in manufacturing of M.S. Billets and Alloy Steel Billets of various grades. The company operates in two major segments, viz. Sale of Products, and Sale of Services. The company had 18 employees including 3 KMP’s as of September 12, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 5,774.88 8,303.86 7,372.64
EBITDA 64.58 126.51 373.30
Net Profit 13.68 50.08 236.72
RoCE 6.04% 18.87% 29.81%
ROE 3.51% 11.39% 21.89%
P/E 48.18 13.17 21.78

Tentative Timeline

Opening Date 19-09-2024
Closing Date 23-09-2024
Basis of Allotment 24-09-2024
Initiation of Refunds 25-09-2024
Credit of Shares to Demat 25-09-2024
Listing Date 26-09-2024

Objects of the Issue

Capital Expenditure for Installation Solar Power Plant.
Capital expenditure for setting up of rolling mill.
General Corporate Purposes

Contact Information

Registered Office Kalana Ispat Limited 504, Ashwamegh Avnue, 5th Floor, Nr Mithakhali Underbridge Mithakhali, Ahmedabad,-380009
Phone +91-81418 48159
Email compliance@kalanaispat.com
Website https://kalanaispat.com/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

Retail Shares Offered Not less than 50.00% of the Net Issue
Other Shares Offered Not less than 50.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 62.13%

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