Kalyani Cast Tech IPO Details ( Kalyani Cast Tech Limited IPO Review )
(8 Nov 2023 – 10 Nov 2023)
Kalyani Cast Tech Ltd was founded in 2012, and they’re in the business of making cast metal products. They have their own machinery for this. They make things like bearing housing for electric trains, parts for coupling systems, adapters for specific locomotives, cast iron brake blocks, and more.
What makes them special is that they’re really good at making cargo containers, including the standard sizes you might know (20′, 25′, 40′, 42′), as well as custom containers for things like small vehicles and oddly-shaped items.
Their clients come from various industries, like Indian railways, mining, cement, chemicals, fertilizer, and power plants.
Here’s what makes them stand out:
- They have experienced leaders and a strong management team.
- They know how to find their most important customers and create great marketing plans for them.
- They set themselves apart from other companies by offering excellent services.
Kalyani Cast Tech Limited Company Product
- Dwarf Containers
- Cuboid Containers
- Casting Products
- MG Coupler Components
- CI Brake Blocks
- Adapter for WDG4 loco
- Bearing housing for electrical loco DIN1782 material
- Corner Castings for Containers
- Motor hub traction motors
Kalyani Cast Tech Limited IPO Competitive Strength
- Experienced Promote and Management Team
- Integrated manufacturing facility
- Well-developed distribution network
- Quality Assurance and Control
Kalyani Cast Tech IPO Financials Performance ( Results )
Kalyani Cast Tech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,367.88 | 1,135.26 | 35.36 | 0.76 | 502.89 | 10.74 | 1.44 | 498.54 |
| 31-Mar-22 | 1,599.54 | 4,947.12 | 117.33 | 2.34 | 620.22 | 12.32 | 118.77 | 269.87 |
| 31-Mar-23 | 2,420.19 | 6,336.46 | 803.79 | 16.03 | 1,424.01 | 28.40 | 922.56 | 342.05 |
| 30-Jun-23 | 3,059.18 | 2,467.85 | 293.64 | 5.86 | 1,717.65 | 34.25 | 1,216.20 | 581.92 |
Objective of Kalyani Cast Tech IPO Issue
- Working Capital Requirements
- General Corporate Purposes
Kalyani Cast Tech IPO Basic Details
| IPO Date | Nov 8, 2023 to Nov 10, 2023 |
| Listing Date | Friday, November , 2023 |
| Face Value | ₹10 per share |
| Price | ₹137 to ₹139 per share |
| Lot Size | 1000 Shares |
| Issue Size | 2,166,000 shares of ₹10 (aggregating up to ₹30.11 Cr) |
| Fresh Issue | 2,166,000 shares of ₹10 (aggregating up to ₹30.11 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,014,500 |
| Share holding post issue | 7,180,500 |
| Company Promoters | Mr Naresh Kumar, Mr Javed Aslam, Mr Nathmal Bangani, Ms Kamala Kumari Jain and Ms Muskan Bangani |
Kalyani Cast Tech IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Kalyani Cast Tech IPO Timetable
Kalyani Cast Tech IPO will open on November 8, 2023 and close on November 10, 2023. You can join Kalyani Cast Tech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 8 November 2023 (Wednesday) |
| Closing Date | 10 November 2023 (Friday) |
| Basis of Allotment | 16 November 2023 (Thursday) |
| Initiation of Refunds | 17 November 2023 (Friday) |
| Credit of Shares to Demat | 20 November 2023 (Monday) |
| Listing Date | 21 November 2023 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 10 November 2023 |
Kalyani Cast Tech IPO Lot Size
For retail investors in Kalyani Cast Tech IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹139,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹139,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹139,000 |
| Retail (Max) | 1 | 1000 | ₹139,000 |
| S-HNI (Min) | 2 | 2000 | ₹278,000 |
Kalyani Cast Tech IPO Promoter Holding
The company’s promoters include Mr Naresh Kumar, Mr Javed Aslam, Mr Nathmal Bangani, Ms Kamala Kumari Jain and Ms Muskan Bangani.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.83% |
Kalyani Cast Tech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 99.81 |
| Earning Per Share (EPS) | ₹16.03 per Equity Share |
| Net Asset Value (NAV) | ₹28.40 per Equity Share |
| P/E Ratio (P/E) (x) | 8.67 |
| Post P/E Ratio (P/E) (x) | 8.49 |
| Return on Net Worth (RoNW) (%) | 56.45 |
| Return on equity (ROE) (%) | 78.64 |
| Return on Capital Employed (ROCE) (%) | 67.56 |
| Debt/Equity Ratio | 0.34 |
Kalyani Cast Tech Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Kalyani Cast-Tech Limited | Consolidated | 139 | 10.00 | 16.03 | 8.49 | 56.45 | 28.40 |
| Peer Group | |||||||
| Texmaco Rail & Engineering Limited | Consolidated | 122.30 | 1.00 | 0.62 | 187.58 | 1.47 | 42.03 |
| Titagarh Rail Systems Limited | Consolidated | 761.30 | 2.00 | 8.64 | 75.37 | 10.73 | 8.64 |
Kalyani Cast Tech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹95 | – | – |
| 19 November 2023 | ₹95 | – | – |
| 18 November 2023 | ₹95 | – | – |
| 17 November 2023 | ₹95 | – | – |
| 16 November 2023 | ₹40 | – | – |
Kalyani Cast Tech IPO Subscription Status (Bidding Detail)
The Kalyani Cast Tech IPO on November 10, 2023 at 7:00:00 PM was subscribed 208.59 times, with the retail category being subscribed 190.95 times, the NII (Non-Institutional Investor) category being subscribed 439.20 times, QIB (Qualified-Institutional Buyers) category being subscribed 66.35 times.
| Category | Subscription |
| QIB | 66.35x |
| NII | 439.20x |
| Retail | 190.95x |
| Total | 208.59x |
Kalyani Cast Tech IPO Prospectus
| Kalyani Cast Tech IPO DRHP | Download |
| Kalyani Cast Tech IPO RHP | Download |
| Kalyani Cast Tech IPO Anchor Investors Details PDF | Download |
Kalyani Cast Tech IPO Rating
| Our Rating | 3.0/5.0 |
Kalyani Cast Tech Company Contact Information
Kalyani Cast Tech Limited
Registered Office: PT – 62/9, Ground Floor, Kalkaji Extension, New Delhi -110019
Contact Person: Mr. Pankaj Kumar, Company Secretary & Compliance Officer
Tel No: +91 9711735302
Email: cs@kalyanicasttech.com
Website: https://kalyanicasttech.com
Our Promoter: Mr. Naresh Kumar
Kalyani Cast Tech IPO Registrar
Bigshare Services Pvt. Ltd
SEBI Registration No.: INR000001385
Address: Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai – 400093
Tel No: +91 -22-6263-8200;
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Contact Person: Mr. Babu Raphael
Kalyani Cast Tech IPO Lead Manager
Ski Capital Services Limited
SEBI Registration No.: INM000012768
Address: 718, Dr Joshi Road, Karol Bagh, New Delhi- 110005
Telephone No.: +91-11-45046026
Email ID: kctlipo@skicapital.net
Website: https://www.skicapital.net/
Contact Person: Mr. Manick Wadhwa / Mr. Ghanisht Nagpal
Kalyani Cast Tech IPO FAQs
What is the lot size of Kalyani Cast Tech IPO?
The total size of Kalyani Cast Tech IPO is ₹30.11 crores and this is a complete fresh Issue.
When will Kalyani Cast Tech IPO start?
Kalyani Cast Tech IPO will open from 8 November 2023 and IPO will close on 10 November 2023.
What is the open date of Kalyani Cast Tech IPO?
Kalyani Cast Tech IPO will open date from 8 November 2023.
What is the last date ( close date ) of Kalyani Cast Tech IPO?
Kalyani Cast Tech IPO will close from 10 November 2023.
What is the price band of Kalyani Cast Tech IPO?
Kalyani Cast Tech IPO price band is ₹137 to ₹139. ( Upper Price Band: ₹139, Lower Price Band: ₹137 )
What is the minimum amount required to apply for Kalyani Cast Tech IPO?
The minimum investment for retailers to apply for Kalyani Cast Tech IPO is ₹139,000 and the maximum investment is ₹139,000.
What is going on gray market premium of Kalyani Cast Tech IPO?
View gray market premium of Kalyani Cast Tech IPO by Clicking Here
How much is the GMP of Kalyani Cast Tech IPO?
Watch Kalyani Cast Tech IPO GMP Today: Click Here
What is the allotment date of Kalyani Cast Tech IPO?
The allotment date of Kalyani Cast Tech IPO is 16 November 2023.
How to check allotment status in Kalyani Cast Tech IPO?
To check the allotment status of Kalyani Cast Tech IPO, first of all go to the registrar website by clicking here, select your bad Kalyani Cast Tech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Kalyani Cast Tech IPO?
The listing date of Kalyani Cast Tech IPO is 21 November 2023.
How much will be the listing gain in Kalyani Cast Tech IPO?
View listing gain of Kalyani Cast Tech IPO by Clicking Here
How much time Kalyani Cast Tech IPO is subscribed?
Total 00.00 times subscribed in Kalyani Cast Tech IPO out of which 190.95 times subscription was done in retail quota, 439.20 times subscription in NII quota and 66.35 times subscription in QIB quota.
How to apply for Kalyani Cast Tech IPO from Upstox?
Click Here to see how to apply for Kalyani Cast Tech IPO from Upstox. (step by step)
How to apply for Kalyani Cast Tech PO from Zerodha?
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How to apply for Kalyani Cast Tech IPO from Angle One?
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