Kataria Industries Limited IPO: Analysis, GMP & Subscription Status
Introduction
Kataria Industries Limited, a significant player in the manufacturing sector, is set to launch its Initial Public Offering (IPO) from July 16, 2024, to July 19, 2024. This IPO presents an opportunity for investors to participate in the company’s growth and its mission to expand its market presence.
Kataria Industries IPO Timeline
- IPO Open Date: Tuesday, July 16, 2024
- IPO Close Date: Friday, July 19, 2024
- Basis of Allotment: Monday, July 22, 2024
- Initiation of Refunds: Tuesday, July 23, 2024
- Credit of Shares to Demat: Tuesday, July 23, 2024
- Listing Date: Wednesday, July 24, 2024
- Cut-off time for UPI mandate confirmation: 5 PM on July 19, 2024
IPO Details
- Face Value: ₹10 per share
- Price Band: ₹91 to ₹96 per share
- Lot Size: 1200 Shares
- Total Issue Size: 5,685,000 shares (aggregating up to ₹54.58 Cr)
- Fresh Issue: 5,685,000 shares (aggregating up to ₹54.58 Cr)
- Issue Type: Book Built Issue IPO
- Listing At: NSE SME
- Shareholding Pre-Issue: 15,846,834 shares
- Shareholding Post-Issue: 21,531,834 shares
- Market Maker Portion: [TBA]
Kataria Industries Limited Financial Performance (₹ in Lakhs)
Period Ended |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
12,002.84 |
15,058.73 |
12,787.19 |
Revenue |
34,148.63 |
33,393.09 |
25,048.91 |
Profit After Tax |
1,002.11 |
777.83 |
738.34 |
Net Worth |
4,549.56 |
3,584.16 |
2,806.33 |
Reserves and Surplus |
3,001.58 |
3,320.05 |
2,542.21 |
Total Borrowing |
6,337.11 |
10,696.20 |
9,142.29 |
Key Strengths
-
Experienced Promoters and Management Team: The promoters of Kataria Industries Limited have substantial experience and in-depth knowledge of the manufacturing sector, which has been pivotal in the company’s growth trajectory.
-
Strong Client Relationships: The company has maintained robust relationships with its clients by consistently meeting their needs and ensuring timely delivery, leading to repeat orders and customer loyalty.
Risks
-
Market Risks: The company’s operations and profitability are susceptible to market risks, including price fluctuations, changes in government policies, and economic conditions.
-
Competition: The manufacturing sector is highly competitive with numerous organized and unorganized players. Kataria Industries' ability to maintain its market position depends on offering quality products at competitive prices.
-
Regulatory Risks: Changes in regulatory policies and compliance requirements can impact the company’s operations and profitability. Adhering to stringent environmental norms involves significant costs for pollution control and sustainable practices.
Kataria Industries IPO GMP & Subscription Status
Stay updated with the latest information on the Kataria Industries Limited IPO Grey Market Premium (GMP) and Subscription Status as they become available post-IPO opening. This section will be regularly updated with the latest GMP and subscription figures to help investors make informed decisions.
Grey Market Premium (GMP)
Date |
GMP (₹) |
16 July |
₹50 |
17 July |
₹50 |
18 July |
₹68 |
19 July |
₹70 |
Subscription Status
Date |
QIBs |
NIIs |
Retail Investors |
Total Subscription |
July 16, 2024 |
0.00 |
2.84 |
6.26 |
3.68 |
July 18, 2024 |
0.48 |
23.81 |
53.45 |
31.38 |
July 19, 2024 |
171.04 |
970.17 |
274.61 |
393.87 |
How to Apply
Investors can apply for the Kataria Industries Limited IPO through ASBA (Applications Supported by Blocked Amount) in designated banks, or through UPI (Unified Payments Interface) for retail investors. Ensure to complete the application before the closing date to avoid any last-minute issues.
Conclusion
The Kataria Industries Limited IPO presents a promising opportunity for investors, given the company’s strong market presence, experienced management, and consistent financial performance. However, potential investors should consider the associated risks and perform due diligence before investing.
For more details, refer to the DRHP of Kataria Industries Limited.
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