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Kotyark Industries Ltd IPO (Kotyark Industries IPO) Detail

Oct 21, 2021 - Oct 25, 2021

Incorporated in 2016, Kotyark Industries is engaged in the manufacturing of Biofuels. The company is focused on renewable green energy and sustainable development of renewable natural resources (Biofuels) through the adoption of environmentally friendly technology in vehicles for public and private transport as well as various equipment and Gen Sets.

The company's products are categorized into:

  • Bio-Diesel
  • C9
  • Carbon Black Feedstock (CBFS)
  • Liquid Paraffin Oil
  • Dewatering Fluid

Kotyark Industries is an approved manufacturer of Biodiesel and has received Letter of Intent from the Biofuel Authority, Rural Development, Panchayat Raj Department, and Government of Rajasthan. The company has also received permission from the Government of Rajasthan for setting up Mobile Retail Outlet for sale of Bio-Diesel and has entered into Mobile Retail Outlet (MRO) Agreement with various parties for this. The company has a bio-diesel manufacturing capacity of 100,000 KL per month from Multi Feedstock at Rajasthan, India.

Competitive Strengths:

  • Long-standing relationships and multi-layered engagement with customers.
  • Experienced promoter and management
  • Adherence to timely order fulfillment and high-cost efficiency
  • Scalable Business Model
  • Strong relationship with suppliers
  • Environmental-friendly products
  • Quality Assurance and Standards

Company Promoters:

Mr. Gaurang Rameshchandra Shah is the Promoter of our Company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Jul-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 174.42 180.20 191.25 84.83
Total Revenue 281.05 652.90 257.81 375.67
Profit After Tax 5.16 10.44 4.85 5.77

Objects of the Issue:

  • To meet working capital requirement.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.

Kotyark Industries IPO Details

IPO Opening Date Oct 21, 2021
IPO Closing Date Oct 25, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹51 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At NSE SME
Issue Size2,208,000 Eq Shares of ₹10
(aggregating up to ₹11.26 Cr)

Kotyark Industries IPO Lot Size

The Kotyark Industries IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹102,000
Maximum 1 2000 ₹102,000

Kotyark Industries IPO Promoter Holding

Pre Issue Share Holding 98.51%
Post Issue Share Holding 72.22%

Kotyark Industries IPO Review

KIL is the first mover in the bio-fuel segment and has met with good demand for its products. It is scaling up its capacity utilization based on demands and poised for bright prospects ahead. Though the issue appears aggressively priced based on current financial parameters, cash surplus/risk seeker investors may consider an investment with a long term perspective. Read detail review...

Kotyark Industries IPO Subscription Status (Bidding Detail)

The Kotyark Industries IPO is subscribed 7.15 times on 10/25/2021 5:00:00 PM. The public issue subscribed 10.70 times in the retail category, times in the QIB category, and 3.60 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII3.60
Retail10.70
Total7.15

Kotyark Industries IPO Prospectus

Kotyark Industries IPO Rating

266
3.8
Rating:Rated 3.8 stars
Vote Here ...

Kotyark Industries IPO Listing Date

Listing Date Tuesday, November 2, 2021
BSE Script Code
NSE Symbol KOTYARK
Listing In ST Group of Securities
ISIN INE0J0B01017
IPO Price ₹51 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹51.00
Open: ₹51.00
Low: ₹48.45
High: ₹51.90
Last Trade: ₹48.45

Company Contact Information

Kotyark Industries Ltd
A-3, 2nd Floor, Shree Ganesh Nagar,
Housing Society, Ramakaka Temple Road, Chhani,
Vadodara-391740, Gujarat, India
Phone: 0265-2760345
Email: info@kotyark.com
Website: http://kotyark.com/

Kotyark Industries IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: kotyark.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Kotyark Industries IPO Reviews / Ratings

Kotyark Industries IPO Lead Manager(s)

Kotyark Industries IPO FAQs

Kotyark Industries IPO is a SME IPO of 2,208,000 equity shares of the face value of ₹10 aggregating up to ₹11.26 Crores. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares.

The IPO opens on Oct 21, 2021, and closes on Oct 25, 2021.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Kotyark 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 'Kotyark 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 Kotyark Industries IPO opens on Oct 21, 2021 and closes on Oct 25, 2021.

Kotyark Industries IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

You can apply in Kotyark 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Kotyark Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kotyark Industries IPO allotment status.

The Kotyark Industries IPO listing date is on Tuesday, November 2, 2021.

Kotyark Industries IPO Message Board

Ranked Members  Ranked Members

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