{"id":4748,"date":"2023-11-08T14:18:01","date_gmt":"2023-11-08T08:48:01","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4748"},"modified":"2024-08-31T16:30:05","modified_gmt":"2024-08-31T11:00:05","slug":"ipo-kalyani-cast-tech-ltd","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/ipo-kalyani-cast-tech-ltd\/","title":{"rendered":"IPO : Kalyani Cast Tech Ltd"},"content":{"rendered":"

Kalyani Cast Tech Ltd IPO<\/h1>\n

Kalyani Cast Tech Ltd is an ISO 001:2001:2008 certified casting unit with in-house machining facility. The company has all the equipment, testing and chemical instruments and trained\/skilled manpower to meet the requirement of Class A foundry as per IS 12117:1996(reaffirmed 2007). The company produces a wide range of castings confirming to Indian and International Standards\/specifications. The company has diverse client base including Indian Railways, Mining industry, cement industry, chemical and fertilizer plants and power industries. The company has adopted the No-bake system of moulding and having automatic sand plant starting from knock out, screening, cooling and mixing of sand.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0SYMBOL<\/strong><\/td>\nKALYANI<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE TYPE<\/strong><\/td>\nBook Built Issue IPO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE OPENS ON<\/strong><\/td>\nNovember 8, 2023 (Wednesday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE CLOSES ON<\/strong><\/td>\nNovember 10, 2023 (Friday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE PRICE<\/strong><\/td>\n\u20b9137 to \u20b9139 per share<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE SIZE<\/strong><\/td>\nUp to \u20b930.11 Crores<\/strong><\/td>\n<\/tr>\n
\u00a0FACE VALUE<\/strong><\/td>\nRs.10 per share<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Kalyani Cast Tech IPO is a book built issue of Rs 30.11 crores. The issue is entirely a fresh issue of 21.66 lakh shares.<\/p>\n

Kalyani Cast Tech IPO opens for subscription on November 8, 2023 and closes on November 10, 2023. The allotment for the Kalyani Cast Tech IPO is expected to be finalized on Thursday, November 16, 2023. Kalyani Cast Tech IPO will list on BSE SME with tentative listing date fixed as Tuesday, November 21, 2023.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0MINIMUM BID<\/strong><\/td>\n1000 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MINIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,39,000<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM BID<\/strong><\/td>\n1000 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,39,000<\/strong><\/td>\n<\/tr>\n
\u00a0PROMOTER HOLDING<\/strong><\/td>\n69.83% (Post-issue)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING DATE<\/strong><\/td>\nTuesday, November 21, 2023<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING AT<\/strong><\/td>\nBSE-SME<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Kalyani Cast Tech IPO price band is set at \u20b9137 to \u20b9139 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is \u20b9139,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to \u20b9278,000.<\/p>\n

Objects of the Issue (Kalyani Cast Tech IPO Objectives)<\/h2>\n

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects<\/p>\n

a) Working Capital Requirements<\/p>\n

b) General Corporate Purposes.<\/p>\n