Kalana Ispat IPO Date, Review, Price, Allotment Details

Kalana Ispat IPO Details

Kalana Ispat IPO IPO Market Lot

The Kalana Ispat IPO minimum market lot is 2000 shares with ₹132,000 application amount.

Kalana Ispat IPO Dates

The Kalana Ispat IPO date is September 19 and the close date is September 23. The Kalana Ispat IPO allotment will be finalized on September 24 and the IPO listing on September 26.

Promoters of Kalana Ispat IPO

The promoters of the company are Mr. Aftabhusen S Khandwawala, Mr. Varghese Joseph Pottakerry, Mr. Gurubaxsing Jamiatsing Bagga and Mr. Sadik Nannabhai Qureshi.

About Kalana Ispat IPO

Kalana Ispat Limited established in 2012 which is formerly known as Kalana Ispat Pvt Ltd started their journey under the collaborative leadership of Mr. Varghese Joseph Pottakerry and Aftab S. Khandwawala. Company initially started with the focus on the trading of metal scrap which were procured through imports from various countries, sourced from shipbreaking yards and local merchants.

As per the business progressed company entered into production of manufacturing M.S. Billets and set up its manufacturing unit in Ahmedabad, Gujarat in the year 2015.

Presently, Kalana Ispat Pvt Ltd is acknowledged as a reliable company in the field, catering to a wide range of prominent producers who value the superiority that they provide with their M.S. Billets.

Company’s commitment to quality and their long-standing goodwill on the market remain the foundations of their business’s success as well as the foundation of their long-lasting relationships with their cherished customers.

Kalana Ispat IPO Company Financial Report

The company reported revenue of ₹73.95 crores in 2024 against ₹83.36 crores in 2023. The company reported a profit of ₹2.37 crores in 2024 against a profit of ₹0.50 crores in 2023.

Amount ₹ in Crores

Kalana Ispat IPO Valuation – FY2024

Check Kalana Ispat IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant – TPSAT Structure
• Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by the construction of the industrial shed, purchase of equipment/machinery, other assets etc; and
• General Corporate Purpose.

Kalana Ispat IPO Review

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Kalana Ispat IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

IPO Lead Managers aka Merchant Bankers

• Jawa Capital Services Private Limited

Company Address

Kalana Ispat Limited
504, Ashwamegh Avnue,
5th Floor, Nr Mithakhali Underbridge
Mithakhali, Ahmedabad,-380009
Phone: +91-81418 48159
Email: [email protected]
Website: https://kalanaispat.com/

Kalana Ispat IPO FAQs