The Kaka Industries IPO commenced on July 10, 2023, and concluded on July 12, 2023. The allotment of shares took place on July 17, 2023, and the initiation of refunds began on July 18, 2023. The shares were credited to the demat accounts of investors on July 19, 2023. Finally, the listing of Kaka Industries on the stock exchange occurred on July 20, 2023.
The Kaka Industries IPO was priced at ₹55 to ₹58 per share, with a lot size of 00. The total issue size was ₹21.23 crores, comprising a fresh issue of ₹21.23 crores and an offer for sale of ₹00 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 47.32% of the shares, the NII (Non-Institutional Investors) quota was reserved for 14.26% of the shares, and the retail quota was reserved for 33.17% of the shares.
Kaka Industries IPO GMP Today:
Date | GMP | Listing Gain | Kostak | Subject to |
18 July 2023 | ₹43 | 74.14% | – | – |
17 July 2023 | ₹43 | 74.14% | – | – |
16 July 2023 | ₹43 | 74.14% | – | – |
15 July 2023 | ₹43 | 74.14% | – | – |
14 July 2023 | ₹50 | 86.21% | – | – |
13 July 2023 | ₹51 | 87.93% | – | – |
12 July 2023 | ₹50 | 86.21% | – | – |
11 July 2023 | ₹50 | 86.21% | – | – |
10 July 2023 | ₹48 | 82.76% | – | – |
9 July 2023 | ₹52 | 89.66% | – | – |
8 July 2023 | ₹50 | 86.21% | – | – |
Kaka Industries Limited IPO, established in 2019, specializes in producing polymer-based profiles for a wide range of interior and exterior applications, such as doors, windows, partitions, false ceilings, wall paneling, and kitchen cabinets.
With a product lineup of over 1200 SKUs, Kaka Industries offers PVC profiles, uPVC door and window profiles, and WPC profiles and sheets in various sizes, specifications, and colors. The company also manufactures PVC and solid PVC doors, providing sustainable alternatives to wood and contributing to tree conservation.
Situated in Zak village, Gandhinagar district, Gujarat, Kaka Industries operates three manufacturing units with a combined installed capacity of 15,425 MT for PVC profiles, 2,995 MT for WPC profiles and sheets, and 2,022 MT for uPVC door and window profiles. The company maintains a well-equipped laboratory and advanced testing equipment to ensure the highest quality standards.
Kaka Industries has a distribution network comprising three depots located in Gagilapur (Telangana), Dadri (Uttar Pradesh), and Surat (Gujarat).
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