Kotyark Industries IPO description – The company is primarily engaged in the manufacturing of Bio Fuel which is an alternative source of energy and has the ability to replace and a good substitutes of traditional fossil fuels like coal, firewood, lignite, etc. Its technology favors net reduction of greenhouse gas emissions for use in a vehicle for public and private transport as well as various equipment and Gen Sets.
The company was originally in whole-sale trading of Bio-Fuels where it purchased Bio-Fuel from another group company and other parties and sold to the customers. However, Kotyark Industries succeeded in setting-up its manufacturing unit at Sirohi District, Rajasthan in 2019 and diversified its range of products. The company has a Zero Discharge in terms of effluents.
The company is an approved manufacturer of Biodiesel and has received Letter of Intent from Biofuel Authority, Rural Development, Panchayat Raj Department, Government of Rajasthan and received permission from Government of Rajasthan for setting up Mobile Retail Outlet for sale of Bio-Diesel. It has entered into Mobile Retail Outlet (MRO) agreement with various parties for retail sale or supply at its mobile retail outlets.
Promoters of Kotyark Industries – Mr Gaurang Rameshchandra Shah
Kotyark Industries IPO details
| Subscription Dates | 21 – 25 October 2021 |
| Price Band | INR51 per share |
| Fresh issue | 2,208,000 shares (INR11.26 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,208,000 shares (INR11.26 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Kotyark Industries Financial Performance (in INR lakh)
| Â | FY2019 | FY2020 | FY2021 | 4M FY2022 |
| Revenue | 3,756.7 | 2,578.1 | 6,529.1 | 2,810.6 |
| Expenses | 3,682.5 | 2,510.1 | 6,389.9 | 2,738.3 |
| Net income | 57.8 | 48.6 | 104.4 | 51.7 |
More about Kotyark Industries Public Offer
Kotyark Industries IPO RHP
Kotyark Industries DRHP
Registrar of Kotyark Industries Offer
KFin Technologies Private LimitedÂ
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551
Email:Â [email protected]
Website:Â www.kfintech.com
Kotyark Industries Contact Details
Kotyark Industries Limited
A-3, 2nd Floor, Shree Ganesh Nagar, Housing Society,
Ramakaka Temple Road, Chhani, Vadodara-391740
Phone:Â +91 0265-2760345
Email:Â [email protected]
Website:Â www.kotyark.com
Valuation of Kotyark Industries (as of FY2021)
Earnings Per Share (EPS): INR3.61
Price/Earnings (PE ratio): 14.31
Return on Net Worth (RONW): 32.79%
Net Asset Value (NAV): INR11.02 per share
Kotyark Industries IPO GMP Daily Trend
| Date | Kotyark Industries IPO GMP | Kostak | Subject to Sauda |
Kotyark Industries IPO Subscription Details (no. of times)
| Category | Non-retail | Retail | Total |
| Shares Offered | 11,60,000 | 10,48,000 | 22,08,000 |
| Day 1 | 1.94 | 1.64 | 1.80 |
| Day 2 | 2.08 | 3.59 | 2.80 |
| Day 3 | 3.25 | 10.70 | 6.79 |
Kotyark Industries Offer Allotment Status
Kotyark Industries IPO allotment will be available on KFin Technologies’ website. Click on this link to get allotment status.Â
Listing Performance of Kotyark Industries
IPO Opening Date: 21 October 2021
IPO Closing Date: 25 October 2021
Finalisation of Basis of Allotment: 29 October 2021
Initiation of refunds: 30 October 2021
Transfer of shares to demat accounts: 2 November 2021
Listing Date: 2 November 2021
Opening Price on NSE: INR51 per share (no change from IPO price)
Closing Price on NSE: Coming soon
Kotyark Industries IPO FAQs
What are investors portions in Kotyark Industries Offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in Kotyark Industries Public Offer?
The best way to apply in Kotyark Industries IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Kotyark Industries Offer Size?
Kotyark Industries offer size is INR11.26 crores.
What is Kotyark Industries IPO Price Band?
Kotyark Industries IPO Price is INR51 per share.
What is the lot size of Kotyark Industries IPO?
Kotyark Industries IPO lot size and the minimum order is 2,000 shares.
