Kataria Industries IPO
IPO Listing Details
- Listing Date
24 Jul 2024
- Listing Price
₹ 182.40
- Listing Change
100.44%
- Last Traded Price
₹ 159.00
IPO Details
- Open Date
16 Jul 2024
- Close Date
19 Jul 2024
- IPO Price Range
₹ 91
- IPO Size
₹ 51.73 -₹ 54.58 Cr
- Listing Exchange
NSE SME
- Listing Date
24 Jul 2024
IPO Timeline
Last Updated: 19 July 2024 6:33 PM by 5Paisa
Kataria Industries IPO is set to open on 16 July 2024 and will close on 19 July 2024. The company manufactures and supplies Low Relaxation Prestressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors.
The IPO includes a fresh issue of 56,85,000 shares aggregating up to ₹54.58 Cr. The price range is ₹91 to ₹96 per share and the lot size is 1200 shares.
The allotment is scheduled to be finalized on 22 July 2024. It will go public on NSE SME, with a tentative listing date of 24 July 2024.
Interactive Financial Services Ltd is the book-running lead manager, while Bigshare Services Private Limited is the registrar.
Objectives Of Kataria Industries IPO
1. Capital Expenditure for plant and machineries;
2. Repayment of Debt
3. General corporate purposes
Kataria Industries IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 54.58 |
| Offer for sale | - |
| Fresh issue | 54.58 |
Kataria Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹115200 |
| Retail (Max) | 1 | 1200 | ₹115200 |
| S-HNI (Min) | 2 | 2,400 | ₹230400 |
Kataria Industries, founded in 2004, manufactures and supplies Low Relaxation Prestressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors.
The company's quality management systems are ISO 9001:2015 certified, and its products are used in a variety of industries, including infrastructure, highways, bridges, metros, trains, high-rise buildings, atomic reactors, LNG tanks, and power transmission lines.
The firm has two production factories in Ratlam, Madhya Pradesh, each equipped with necessary machinery and an in-house testing center. The Wire Division's capacity increased from 7,830 MT to 19,830 MT in 2019-20, and then to 38,000 MT in 2021-22.
The yearly combined capacity consists of 38,000 MT for the Wire Division, 7,92,000 units for PT Systems, and 9,000 MT for the Conductor Division.
Initially, the firm had Plastic and Wind Mill Divisions, which were demerged in 2013. Recently, a 0.80 MW wind farm was bought for captive power use.
The firm has increased its global reach, selling to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil. In 2022-23, it purchased commercial buildings in Surat and Vadodara to diversify its revenue streams.
Peers
Kamdhenu Limited
Incredible Industries Limited
Bharat Wire Ropes Limited
For More Information
Webstory on Kataria Industries IPO
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 333.93 | 250.49 | 161.28 |
| EBITDA | 8.28 | 10.66 | 6.58 |
| PAT | 7.78 | 7.38 | 5.01 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 150.59 | 127.87 | 107.90 |
| Share Capital | 2.64 | 2.64 | 2.64 |
| Total Borrowings | 106.96 | 91.42 | 79.38 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 2.38 | 5.54 | 2.29 |
| Net cash from / (used in) investing activities | -5.86 | -9.79 | -1.60 |
| Net cash flow from / (used in) financing activities | 5.74 | 4.37 | -1.02 |
| Net increase (decrease) in cash and cash equivalents | 2.26 | 0.12 | -0.33 |
Strengths
1. Kataria Industries manufactures a wide range of products.
2. The company is ISO 9001:2015 certified.
3. With two well-equipped manufacturing plants it can meet increasing market demands.
Risks
1. The company faces intense competition in the manufacturing sector.
2. Changes in government policies or regulations could affect operations and compliance costs.
3. The company’s performance is heavily reliant on the infrastructure and construction sectors.
4. Any disruptions at the manufacturing plants could impact production.
5. The company is exposed to global economic conditions and trade policies.
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FAQs
Kataria Industries IPO opens from 16th July to 19th July 2024.
The size of Kataria Industries IPO is ₹54.58 Cr.
The price band of Kataria Industries IPO is fixed at ₹91 to ₹96 per share.
To apply for Kataria Industries IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Kataria Industries IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Kataria Industries IPO is 1200 shares and the investment required is ₹1,15,200.
The share allotment date of Kataria Industries IPO is 22nd July 2024
The Kataria Industries IPO will be listed on 24th July 2024.
Interactive Financial Services Ltd is the book-running lead manager for Kataria Industries IPO.
Kataria Industries plans to utilize the raised capital from the IPO for:
1. Capital Expenditure for plant and machineries;
2. Repayment of Debt
3. General corporate purposes
Contact Information
Kataria Industries
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 Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Kataria Industries IPO Lead Manager
Interactive Financial Services Ltd