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Open
19 Sep 2024
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Close
23 Sep 2024
3
Allotment
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Listing
Thu, Sep 26, 2024
Price Band
₹66 per share
Issue Size
49,38,000 shares (agg. up to ₹33 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Sep 26, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
26-09-2024₹0Est. ₹66+0%
25-09-2024₹0Est. ₹66+0%
24-09-2024₹0Est. ₹66+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 57.35x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 18.86 | 16.17 | 12.65 | 13.31 |
| Total Income | 73.94 | 83.36 | 57.93 | 42.98 |
| Profit After Tax | 2.37 | 0.50 | 0.14 | 0.14 |
| NET Worth | 10.82 | 4.42 | 3.92 | 3.76 |
| Reserves and Surplus | 2.71 | 3.40 | 2.90 | 2.76 |
| Total Borrowing | 4.61 | 8.62 | 2.61 | 2.63 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Excellent Wires & Packaging Ltd. | SME | ₹12.60 Cr | ₹90 | 33.3 | ₹82.05 | -8.83% | ₹207.00 |
| Aditya Ultra Steel Ltd. | SME | ₹45.88 Cr | ₹62 | 13.64 | ₹66.40 | +7.10% | ₹24.55 |
| Jay Bee Laminations Ltd. | SME | ₹88.96 Cr | ₹146 | 13.58 | ₹291.25 | +99.49% | ₹90.25 |
| Visaman Global Sales Ltd. | SME | ₹16.05 Cr | ₹43 | 38.25 | ₹47.35 | +10.12% | ₹52.70 |
| Deem Roll Tech Ltd. | SME | ₹29.26 Cr | ₹129 | 11.31 | ₹209.70 | +62.56% | ₹42.20 |
| Shree Marutinandan Tubes Ltd. | SME | ₹14.30 Cr | ₹143 | 17.44 | ₹210.00 | +46.85% | ₹52.10 |
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹44.20 |
| Bansal Wire Industries Ltd. | Mainboard | ₹745.00 Cr | ₹256 | 41.41 | ₹350.35 | +36.86% | ₹304.35 |
| Vibhor Steel Tubes Ltd. | Mainboard | ₹72.17 Cr | ₹151 | 10.17 | ₹446.25 | +195.53% | ₹123.41 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure | 22.99 |
| 2 | Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by construction of the industrial shed, purchase of equipment/machineries, other assets etc.; and | 7.99 |
| 3 | General corporate purposes | 0.61 |
About Kalana Ispat IPO
Updated on Aug 12, 2026
Contact Details
Kalana Ispat Ltd. Address504, Ashwamegh Avnue5th Floor, Nr Mithakhali UnderbridgeMithakhaliAhmedabad, Gujarat, 380009+91-81418 48159compliance@kalanaispat.comVisit Website