Kataria Industries IPO Subscription Status

Last updated on July 19, 2024

Kataria Industries IPO subscription started on 16 July 2024 and will close on 19 July 2024. Kataria Industries plans to raise around INR 51.73 – 54.58 crores via the IPO. The price band is fixed at INR 91 – 96 per share. The Kataria Industries IPO market lot has 1,200 shares and the minimum application amount is INR 1,15,200. The retail quota is 35%, QIB is 50% and NII is 15%.

Check Kataria Industries IPO subscription status here. The subscription figures are taken from NSE Emerge and are updated at regular intervals. The public issue has QIB, NII, and Retail categories for the subscription. Here you can find Kataria Industries IPO subscription status segregated by days and investor categories.

Kataria Industries IPO Subscription Status – Live Updates

The market maker reservation portion of 2,88,000 shares and anchor portion of 16,17,600 shares are not included in the above calculations.

Kataria Industries manufactures and supplies a variety of products, including Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems (Anchor Cone, Anchor Head, and Wedges), HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors. These products are utilized in various sectors, such as infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, and power transmission and distribution lines.

The company serves domestic and international customers and has exported goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.

Investor Categories in Kataria Industries IPO Subscription

The three most important categories of IPO investors defined by SEBI are part of the Kataria Industries IPO.

Qualified Institutional Buyers (QIB) – Examples of QIBs are Foreign Portfolio Investors (FPIs), Scheduled Commercial Banks, Mutual Funds, Venture Capital Funds, Foreign Venture Capital Investors (FVCIs), Alternative Investment Funds (AIFs), Insurance Companies, Provident Funds and Pension Funds with a minimum corpus of INR 250 million.

Generally, 50% of the offer is reserved for QIBs. Some of these are classified as anchor investors which work towards stabilizing an IPO.

Non-Institutional Investor (NII) – These are affluent investors who can invest more than INR 200,000. In other words, these are High Networth Individuals (HNIs). Generally, 15% of the offer is reserved for this category. Bids in the category need to exceed INR 200,000. Typical examples include Category III FPIs, resident Indian individuals, HUFs (in the name of Karta), companies, corporate bodies, eligible NRIs, scientific institutions, societies, and trusts.

The NII category is further divided into two – big and small – the threshold application amount being INR 10,00,000 (INR 10 lakh).

Retail Individual Investor (RII) – This category is purely meant for small investors, whose bid must not exceed INR 200,000 per person. Usually, 35% of total shares are reserved for this category in the case of a company with profitable operations. In the event of the IPO-bound company not fulfilling this criterion, only 10% of shares are reserved for retail investors. 

Employee – Shares reserved for company employees are not part of the Net Offer and there may additionally be a discount on offer price to encourage employees to subscribe. Investors in the employee category may also apply under the retail category in an IPO. Therefore, this category of IPO investors has a unique advantage.

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Kataria Industries IPO Subscription Status FAQs