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Open
15 Feb 2024
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Close
20 Feb 2024
3
Allotment
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Listing
Fri, Feb 23, 2024
Price Band
₹45 per share
Issue Size
49,98,000 shares (agg. up to ₹22 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Feb 23, 2024
Latest GMP
₹3
Est. Gain
6.67%
✦ AI Insight
GMP Trend
23-02-2024₹3Est. ₹48+6.67%
22-02-2024₹3Est. ₹48+6.67%
21-02-2024₹3Est. ₹48+6.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.55x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 109.79 | 109.63 | 102.98 | 59.79 |
| Total Income | 84.35 | 184.17 | 183.90 | 132.36 |
| Profit After Tax | 4.79 | 6.66 | 2.46 | 1.11 |
| NET Worth | 22.91 | 12.03 | 5.37 | 2.91 |
| Reserves and Surplus | 10.72 | 12.03 | 5.37 | 2.91 |
| Total Borrowing | 67.02 | 61.05 | 52.50 | 31.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shanti Spintex Ltd. | SME | ₹31.25 Cr | ₹70 | 9.82 | ₹79.80 | +14.00% | ₹38.35 (-4.12%) |
| Sahaj Fashions Ltd. | SME | ₹13.96 Cr | ₹30 | null | ₹30.35 | +1.17% | ₹11.10 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 16.07 |
| 2 | General Corporate Purposes | 5.35 |
About Kalahridhaan Trendz IPO
Kalahridhaan Trendz Limited was founded in 2016 and is a company that dyes and processes textiles. The company is engaged in manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market. The company has two divisions: Embroidery and knitting Dyeing and printing of cloths The company's manufacturing facility is located in Ahmedabad, Gujrat, and has a production capacity of 1.00 lakh metres per day. As on December 31, 2023, the company employed a total of 12 permanent employees in various departments.+ Read More
Contact Details
Kalahridhaan Trendz Ltd. Address57 Ashra Industrial EstateB/H Mahalaxmi FabricsNr.Narol Cross RoadAhmedabad, Gujarat, 382405+91 6353302166cs@kalahridhaan.comVisit Website