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Kataria Industries Limited IPO (Kataria Industries IPO) Detail

July 16, 2024 - July 19, 2024

Kataria Industries IPO is a book built issue of Rs 54.58 crores. The issue is entirely a fresh issue of 56.85 lakh shares.

Kataria Industries IPO bidding started from July 16, 2024 and ended 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.

Kataria Industries IPO price band is set at ₹91 to ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400.

Interactive Financial Services Ltd is the book running lead manager of the Kataria Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Kataria Industries IPO is Mnm Stock Broking.

Refer to Kataria Industries IPO RHP for detailed information.

Kataria Industries IPO Details

IPO Date July 16, 2024 to July 19, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹91 to ₹96 per share
Lot Size 1200 Shares
Total Issue Size5,685,000 shares
(aggregating up to ₹54.58 Cr)
Fresh Issue5,685,000 shares
(aggregating up to ₹54.58 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue15,846,834
Share holding post issue21,531,834
Market Maker portion288,000 shares
Mnm Stock Broking

Kataria Industries IPO Reservation

Kataria Industries IPO offers 5,685,000 shares. 1,081,000 (19.01%) to QIB, 809,000 (14.23%) to NII, 1,889,400 (33.23%) to RII and 1,617,600 (28.45%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,617,600 (28.45%)
Market Maker Shares Offered288,000 (5.07%)
QIB Shares Offered1,081,000 (19.01%)
NII (HNI) Shares Offered809,000 (14.23%)
Retail Shares Offered1,889,400 (33.23%)
Total Shares Offered5,685,000 (100%)

Kataria Industries IPO Anchor Investors Details

Kataria Industries IPO raises Rs 15.53 crore from anchor investors. Kataria Industries IPO Anchor bid date is July 15, 2024. Kataria Industries IPO Anchor Investors list

Bid Date July 15, 2024
Shares Offered 1,617,600
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

Kataria Industries IPO Timeline (Tentative Schedule)

Kataria Industries 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 5 PM on July 19, 2024

Kataria Industries IPO Lot Size

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 2,400 ₹230,400
Lot Size Calculator

Kataria Industries IPO Promoter Holding

The promoters of the company are Sunil Kataria, Arun Kataria and Anoop Kataria.

Share Holding Pre Issue 100.00%
Share Holding Post Issue

About Kataria Industries Limited

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:-

  • LRPC Strands
  • Polymer-coated grease/wax-filled LRPC Strands
  • Galvanised LRPC Strands
  • Galvanised PE Coated LRPC Strands
  • Specialised LRPC Strands (19 Strands and Upto 23.00 mm)

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.

Kataria Industries Limited Financial Information (Restated Consolidated)

Kataria Industries Limited's revenue increased by 2.26% and profit after tax (PAT) rose by 28.83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets12,002.8415,058.7312,787.19
Revenue34,148.6333,393.0925,048.91
Profit After Tax1,002.11777.83738.34
Net Worth4,549.563,584.162,806.33
Reserves and Surplus3,001.583,320.052,542.21
Total Borrowing6,337.1110,696.209,142.29
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Kataria Industries IPO is Rs 206.71 Cr.

KPI as of March 31, 2024.

KPI Values
ROE24.53%
ROCE17.40%
Debt/Equity1.38
RoNW22.03%
P/BV4.24
PAT Margin (%)2.95
Pre IPO Post IPO
EPS (Rs) 6.324.65
P/E (x) 15.1820.63
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (Kataria Industries IPO Objectives)

The company proposes to utilize the Net Proceeds from the issue towards the following objects

  • Capital Expenditure for plant and machineries;
  • Repayment of Debt
  • General corporate purposes

Kataria Industries IPO Review (Avoid)

[Dilip Davda]  The company is primarily in the business of LRPC strands and steel wires manufacturing and marketing. Recently it diversified into real estate segment to increase its income stream .It posted an average financial performance so far. Based on FY24 earnings, the issue appears aggressively priced. There is no harm in skipping this “High Risk/Low Return” issue. Read detail review...


Kataria Industries IPO Subscription Status (Bidding Detail)

The Kataria Industries IPO is subscribed 393.87 times on July 19, 2024 6:20:00 PM. The public issue subscribed 274.61 times in the retail category, 171.04 times in the QIB category, and 970.17 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB171.04
NII970.17
Retail274.61
Total393.87

Total Application : 432,370 (274.52 times)

Kataria Industries IPO Prospectus

Kataria Industries IPO Rating

5
3.0
Rating:Rated 3.0 stars
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Kataria Industries Limited Contact Details

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/

Kataria Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Kataria Industries IPO - Buy or Not

Kataria Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 2 0 1

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Kataria Industries IPO FAQs

Kataria Industries IPO is a SME IPO 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 IPO opens on July 16, 2024, and closes on July 19, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Kataria Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Kataria Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Kataria Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Kataria Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Kataria Industries IPO opens on July 16, 2024 and closes on July 19, 2024.

Kataria Industries IPO lot size is 1200 Shares, and the minimum amount required is ₹115,200.

You can apply in Kataria Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Kataria Industries 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 IPO allotment status.

The Kataria Industries IPO listing date is not yet announced. The tentative date of Kataria Industries IPO listing is Wednesday, July 24, 2024.
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