Kalahridhaan Trendz IPO Details, Date, Review, Price

Kalahridhaan Trendz IPO Details, Date, Review, Price
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OUR BUSINESS

Kalahridhaan Trendz Company is engaged mainly in the business of manufacturing and trading Fabric with embroidery works, Trading grey cloths, purchasing grey cloth, and printing and dyeing for preparing suiting, shirting, and dress materials for sale in the market.

In the case of the Embroidery Segment, Kalahridhaan Trendz Company undertakes the embroidery work for its own business as well as on behalf of other clients. In addition to this, we also get embroidery work outsourced. Kalahridhaan Trendz company also deals in the purchase and sale of grey clothes as well as the suiting, shirting, and dress materials. We have two embroidery knitting machines having a capacity of 15000 meters per day.

As a part of an expansion of business activities, as a part of forward integration, we have also taken over the textile Dying and printing business unit on a rent basis in February 2018, where we are carrying out the dying and printing of suiting, shirting, and dress materials for our use as well as on-job work too.

KALAHRIDHAAN TRENDZ LIMITED IPO DATE & PRICE BAND DETAILS

IPO Open Date February 15, 2024
IPO Close DateFebruary 20, 2024
IPO SizeApprox ₹22.49 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹45 Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota50%
IPO NII Quota50%
IPO DiscountN/A
DRHP DraftClick here
RHP DraftClick here
Anchor InvestorClick here

KALAHRIDHAAN TRENDZ LIMITED IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum13000₹135,000
Retail Maximum13000₹135,000
S-HNI Minimum26000₹270,000

OBJECTS OF THE OFFER

Kalahridhaan Trendz proposes to utilize the Net Proceeds from the issue towards the following objects:

  1.  Working capital requirement
  2.  General Corporate Purpose,
  3. Meeting Public Issue Expenses

KALAHRIDHAAN TRENDZ LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateFeb 15, 2024
IPO Close DateFeb 20, 2024
Basis of AllotmentFeb 21, 2024
RefundsFeb 22, 2024
Credit to Demat AccountFeb 22, 2024
IPO Listing DateFeb 23, 2024

KALAHRIDHAAN TRENDZ LIMITED FINANCIAL REPORT

₹ in Crores
YearRevenueExpensePAT
2023₹184.17 ₹175.27₹6.66
2022 ₹183.90 ₹180.61₹2.46
2021 ₹132.36 ₹130.83₹1.11

OUR PROMOTERS

  1. Niranjan Dwarkaprasad Agarwal
  2. Aditya Agarwal

QUALITATIVE FACTOR

Some of the Qualitative Factors, which form the basis for computing the price was

  •  Our Wide and variety range of products Existing client relationship
  •  Strategically located manufacturing facilities with modern machines.
  •  Quality Service
  •  Experienced promoters, directors, and managerial Team

Basic & Diluted Earnings Per Equity Share (“EPS”)

Financial Year EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 202310.9310.933
March 31, 20224.044.042
March 31, 20211.811.811
Weighted Average7.117.11
September 30,20233.933.93

KALAHRIDHAAN TRENDZ LIMITED COMPANY CONTACT DETAILS

Address: 57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics,
Nr. Narol Cross Road, Ahmedabad 382405, Gujarat, India.
Tel No: +91 6353302166
Website: www.kalahridhaan.com
E-mail: info@kalahridhaan.com

KALAHRIDHAAN TRENDZ LIMITED IPO REGISTAR

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com

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