The Kalana Ispat IPO minimum market lot is 2000 shares with ₹₹132,000 application amount. The Kalana Ispat IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Kalana Ispat IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.19 | 1.18 | 40.65 |
| RII | 1.36 | 7.67 | 74.26 |
| Total | 0.77 | 4.42 | 59.76 |
Kalana Ispat IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Kalana Ispat IPO Review
- Avoid
Kalana Ispat IPO Form
How to apply for the Kalana Ispat IPO? You can apply for Kalana Ispat IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kalana Ispat IPO in the Invest section. The other option is you can apply for Kalana Ispat IPO via IPO forms downloaded online. Check out the Kalana Ispat forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
