Last updated on November 17, 2023
Kalyani Cast Tech IPO description – Kalyani Cast Tech has a class A foundry and manufactures products such as MG Coupler Components, CI Brake Blocks, Adapter for WDG4 Loco, Bearing housing for electrical loco, Corner casting for Containers motor hub traction motors etc.
Kalyani Cast Tech caters to a diverse client base such as Indian railways, companies engaged in the Mining Industry, Cement Industry, chemicals and fertilizer, and power plants. While catering to railways, the company started manufacturing Containers in 2018. The railway transporters used these containers to transport goods via the rail network in India.
The company manufactures a wide product range of castings, including finished components, and are specialists in various types of cargo containers such as ISO containers 20’, 25’, 40’, 42’ and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two & three wheelers.
The company is also involved in exports. In FY 2022-23, Kalyani Cast Tech generated revenue from export sales for the products sold in Russia.
Promoters of Kalyani Cast Tech – Mr. Naresh Kumar, Mr. Javed Aslam, Mr. Nathmal Bangani, Ms. Kamala Kumari Jain, and Ms. Muskan Bangani
Table of Contents
Kalyani Cast Tech IPO Details
| Kalyani Cast Tech IPO Dates | 8 – 10 November 2023 |
| Kalyani Cast Tech Issue Price | INR 137 – 139 per share |
| Fresh issue | 21,66,000 shares (INR 29.67 – 30.11 crore) |
| Offer For Sale | Nil |
| Total IPO size | 21,66,000 shares (INR 29.67 – 30.11 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 139,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Kalyani Cast Tech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
| Revenue | 11.20 | 49.45 | 63.27 | 24.64 |
| Expenses | 11.18 | 48.22 | 52.55 | 20.71 |
| Net income | 0.35 | 1.17 | 8.04 | 2.94 |
Kalyani Cast Tech Offer News
- Kalyani Cast Tech RHP
- Kalyani Cast Tech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Kalyani Cast Tech Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.76 | 2.34 | 16.03 |
| PE ratio | – | – | 8.55 – 8.67 |
| RONW (%) | 7.03 | 18.92 | 56.45 |
| NAV | 10.74 | 12.37 | 28.40 |
| ROCE (%) | 5.60 | 18.18 | 67.56 |
| EBITDA (%) | 7.37 | 4.36 | 18.35 |
| Debt/Equity | 0.99 | 0.44 | 0.24 |
Kalyani Cast Tech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 November 2023 | 85 | – | 65,000 |
| 15 November 2023 | 85 | – | 65,000 |
| 14 November 2023 | 85 | – | 65,000 |
| 11 November 2023 | 80 | – | 62,000 |
| 10 November 2023 | 72 | – | 56,500 |
| 9 November 2023 | 50 | – | 36,000 |
| 8 November 2023 | 40 | – | 32,500 |
| 7 November 2023 | 30 | – | 25,000 |
Kalyani Cast Tech IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 361,000 | 271,000 | 632,000 | 1,264,000 |
| 10 Nov 2023 | 66.35 | 188.59 | 189.42 | 161.77 |
| 9 Nov 2023 | 7.51 | 13.15 | 39.92 | 22.30 |
| 8 Nov 2023 | 3.52 | 1.73 | 7.80 | 4.49 |
Kalyani Cast Tech IPO Allotment Status
Kalyani Cast Tech IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Kalyani Cast Tech IPO Dates & Listing Performance
| IPO Opening Date | 8 November 2023 |
| IPO Closing Date | 10 November 2023 |
| Finalization of Basis of Allotment | 13 November 2023 |
| Initiation of refunds | 15 November 2023 |
| Transfer of shares to demat accounts | 17 November 2023 |
| IPO Listing Date | 17 November 2023 |
| Opening Price on BSE SME | INR 264.10 per share (up 90%) |
| Closing Price on BSE SME | INR 277.30 per share (up 99.50%) |
Kalyani Cast Tech Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
Office No. 13, 1st Floor,
New Bansilal Building, Raja Bahadur Mansion,
9-15, Homi Modi Street, Fort, Mumbai– 400001
Phone: +91 96532 49863
Email:Â [email protected]
Website:Â www.gretexcorporate.com
Kalyani Cast Tech 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
Kalyani Cast Tech IPO Contact Details
KALYANI CAST-TECH LIMITED
PT – 62/9, Ground Floor, Kalkaji Extension, New Delhi -110019
Phone: +91 9711735302
E-mail: [email protected]
Website: www.kalyanicasttech.com
IPO FAQs
What is the Kalyani Cast Tech offer size?
Kalyani Cast Tech offer size is INR 29.67 – 30.11 crores.
What is the Kalyani Cast Tech offer price band?
Kalyani Cast Tech public offer price is INR 137 – 139 per share.
What is the lot size of the Kalyani Cast Tech IPO?
Kalyani Cast Tech offer lot size is 1,000 shares.
What is Kalyani Cast Tech IPO GMP today?
Kalyani Cast Tech IPO GMP today is INR 85 per share.
What is the Kalyani Cast Tech kostak rate today?
Kalyani Cast Tech kostak rate today is INR NA per application.
What is Kalyani Cast Tech Subject to Sauda rate today?
Kalyani Cast Tech Subject to Sauda rate today is INR 65,000 per application.
