Kotyark Industries IPO

Kotyark Industries IPO

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 Dates21 – 25 October 2021
Price BandINR51 per share
Fresh issue2,208,000 shares (INR11.26 crore)
Offer For SaleNil
Total IPO size2,208,000 shares (INR11.26 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform

Kotyark Industries Financial Performance (in INR lakh)

 FY2019FY2020FY20214M FY2022
Net income57.848.6104.451.7

More about Kotyark Industries Public Offer

Kotyark Industries IPO RHP
Kotyark Industries DRHP

Registrar of Kotyark Industries Offer

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
 +91 40 2343 1551
Email: [email protected]
Website: 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: +91 0265-2760345
Email: [email protected]
Website: 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 GMPKostakSubject to Sauda

Kotyark Industries IPO Subscription Details (no. of times)

Shares Offered11,60,00010,48,00022,08,000
Day 11.941.641.80
Day 22.083.592.80
Day 33.2510.706.79

Kotyark Industries Offer Allotment Status

Kotyark Industries IPO allotment will be available on KFin Technologies’ website. Click on this link to get allotment status. 

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.


Please enter your comment!
Please enter your name here