Kalahridhaan Trendz IPO description – Kalahridhaan Trendz primarily focuses on manufacturing and trading fabric with embroidery works, as well as trading grey cloths and purchasing grey cloth for printing and dyeing. Their products include suiting, shirting, and dress materials aimed at the wholesale market, specifically catering to B2B customers.
The company’s main business activities can be primarily divided into two segments:
- Embroidery Knitting activities
- Cloths dying and Printing activities
In addition, Kalahridhaan Trendz outsources embroidery work. The company is also involved in purchasing and selling grey clothes, suits, shirting, and dress materials. It possesses two embroidery knitting machines with a capacity of 15,000 meters per day.
Currently, all the products are free of formaldehyde (FB). The company achieves this by sourcing dyes, chemicals, and auxiliaries from international standards and manufacturers such as Huntsman, Kroda, Colortex, Jay Chemicals, Atul, Dystar, Jaysynth, Tata Chemicals, GACL, Rudolf, Clariant, and many others.
As of 31 December 2023, Kalahridhaan Trendz has a total of 12 permanent employees across various departments.
Promoters of Kalahridhaan Trendz – Niranjan Agarwal , Aditya Agarwal, and Sunitadevi Agarwal
Table of Contents
Kalahridhaan Trendz IPO Details
| Kalahridhaan Trendz IPO Dates | 15 – 20 February 2024 |
| Kalahridhaan Trendz Issue Price | INR 45 per share |
| Fresh issue | 4,998,000 shares (INR 22.49 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,998,000 shares (INR 22.49 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 135,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Kalahridhaan Trendz Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 132.36 | 183.90 | 184.17 | 84.27 |
| Expenses | 130.83 | 180.61 | 175.27 | 77.99 |
| Net income | 1.11 | 2.46 | 6.66 | 4.79 |
Kalahridhaan Trendz Offer News
- Kalahridhaan Trendz RHP
- Kalahridhaan Trendz Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Kalahridhaan Trendz Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.29 | 2.51 | 7.74 |
| PE ratio | – | – | 5.81 |
| RONW (%) | 12.28 | 21.48 | 36.75 |
| NAV | 14.77 | 18.81 | 29.74 |
| ROCE (%) | 10.16 | 10.35 | 17.39 |
| EBITDA (%) | 3.11 | 3.60 | 7.48 |
| Debt/Equity | 1.32 | 2.60 | 3.19 |
Kalahridhaan Trendz IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 February 2024 | 3 | – | 4,500 |
| 21 February 2024 | 3 | – | 4,500 |
| 20 February 2024 | 3 | – | 4,500 |
| 19 February 2024 | 3 | – | 4,500 |
| 17 February 2024 | 5 | – | 7,000 |
| 16 February 2024 | 5 | – | 7,000 |
| 15 February 2024 | 7 | – | 10,000 |
Kalahridhaan Trendz IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 2,373,000 | 2,373,000 | 4,746,000 |
| 20 Feb 2024 | 6.76 | 9.63 | 8.20 |
| 19 Feb 2024 | 1.93 | 4.40 | 3.16 |
| 16 Feb 2024 | 1.11 | 2.46 | 1.78 |
| 15 Feb 2024 | 0.86 | 1.40 | 1.13 |
The market maker reservation portion of 2,52,000 shares is not included in the above calculations.
Kalahridhaan Trendz IPO Allotment Status
Kalahridhaan Trendz IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Kalahridhaan Trendz IPO Dates & Listing Performance
| IPO Opening Date | 15 February 2024 |
| IPO Closing Date | 20 February 2024 |
| Finalization of Basis of Allotment | 21 February 2024 |
| Initiation of refunds | 22 February 2024 |
| Transfer of shares to demat accounts | 22 February 2024 |
| IPO Listing Date | 23 February 2024 |
| Opening Price on NSE SME | INR 47.15 per share (up 4.78%) |
| Closing Price on NSE SME | Coming soon |
Kalahridhaan Trendz Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Phone: +91-9898055647
Email:Â [email protected]
Website:Â www.ifinservices.in
Kalahridhaan Trendz Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Kalahridhaan Trendz IPO Contact Details
KALAHRIDHAAN TRENDZ LIMITED
57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics,
Nr. Narol Cross Road, Ahmedabad 382405, Gujarat, India
Phone: +91 6353302166
E-mail: [email protected]
Website: www.kalahridhaan.com
IPO FAQs
What is the Kalahridhaan Trendz offer size?
Kalahridhaan Trendz offer size is INR 22.49 crores.
What is the Kalahridhaan Trendz offer price band?
Kalahridhaan Trendz public offer price is INR 45 per share.
What is the lot size of the Kalahridhaan Trendz IPO?
Kalahridhaan Trendz offer lot size is 3,000 shares.
What is Kalahridhaan Trendz IPO GMP today?
Kalahridhaan Trendz IPO GMP today is INR 3 per share.
What is the Kalahridhaan Trendz kostak rate today?
Kalahridhaan Trendz kostak rate today is NA per application.
What is Kalahridhaan Trendz Subject to Sauda rate today?
Kalahridhaan Trendz is Subject to the Sauda rate today is INR 4,500 per application.
