Kataria Industries Limited

16 Jul 2024 - 19 Jul 2024 Individual Category SME NSE

Min Investment

₹115200

Price Band

₹91-₹96

Issue Size

40.67 lakhs
Equity Shares

Lot Size

1200

IPO Dates
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16 Jul 2024

Open Date

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19 Jul 2024

Close Date

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22 Jul 2024

Allotment Date

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24 Jul 2024

Listing Date

Kataria Industries IPO is open for subscription starting Monday, July 16, 2024, and closing on Thursday, July 19, 2024. This upcoming IPO's price band is Rs 91 to 96 per share. The minimum lot size set for the retail category is 1200 shares.  Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,15,200 (96 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,30,400 (96 x 2400 shares). Kataria Industries IPO is a book-built issue of Rs 54.58 crores. This upcoming IPO is entirely a fresh issue of 5,685,000 equity shares. The allotment for this new IPO is expected to be finalised on Monday, July 22, 2024. Kataria Industries IPO will be listed on the NSE SME Segment on Monday, July 22, 2024. However, Interactive Financial Services Limited is the book-running lead manager, and Bigshare Services Private Limited is the registrar.

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About Kataria Industries Limited

Kataria Industries Ltd. incorporated in 2004, is engaged in the manufacturing and supplying of Low Relaxation Pre-Stressed Concrete Strands, Steel Wires, Post tensioning Anchorage Systems, HDPE Single-Wall Corrugated Sheathing Ducts, Couplers, and Aluminum Conductors. Their products find applications in such infrastructure projects as roads, bridges, railways, high-rise buildings, and power transmission lines. Kataria Industries uses in-house testing facilities and consists of two manufacturing plants at Ratlam, Madhya Pradesh. It is supported by ISO 9001:2015 certification. It caters to nearly all domestic as well as international markets of the country and exports its products to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil. Number of permanent workers: 71 as on December 31, 2023.

Founded

2004

Managing Director

Sunil Kataria

Parent Organization

IPO Objectives

The company will utilize the net proceeds from this issue for a few different objectives, specifically the provision of capital expenditure to plant and machinery, repayment of existing debt, and general corporate purposes. The desirability of fund uses in this case seeks an increment of operational capabilities while improving its financial position and flexibility for overall business growth.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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