Kalana Ispat IPO Live Subscription Status: Kalana Ispat IPO is Open on 19 September 2024 and Close on 23 September 2024. Kalana Ispat IPO to Raise 49,38,000 shares (Approx ₹32.59 Cr) via IPO. The Fresh Issue is 49,38,000 shares (Approx ₹32.59 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
The Kalana Ispat IPO is an SME IPO and Listed on NSE SME. Kalana Ispat IPO Price Band is Fixed at ₹66 Equity Shares. Kalana Ispat IPO Lot Size is 2000 Shares.
Also Read: Kalana Ispat IPO GMP, Review, Price, Date & Latest IPO Details
Kalana Ispat IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| NII | 23,45,000 | 27,86,000 | 1.19 |
| Retail Individual Buyers (RIIs) | 23,45,000 | 1,83,28,000 | 7.82 |
| Market Maker | 2,48,000 | 2,48,000 | 1 |
| Total | 46,90,000 | 2,11,14,000 | 4.50 |
Kalana Ispat IPO Subscription Status day-by-day-
| Categories | 19 Sep | 20 Sep | 23 Sep |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 |
| Other | 0.19 | 1.19 | 0.00 |
| RII | 1.39 | 7.82 | 0.00 |
| Total | 0.79 | 4.50 | 0.00 |
About IPO :
Kalana Ispat In the year 2012, Mr. Aftabhusen S. Khandwawala and Varghese Joseph Pottakerry collaborated and laid down the foundation of our Company. Initially, the Company was engaged in trading metal scraps, which were procured through imports from various countries, sourced from shipbreaking yards and local merchants.
As the business progressed, our Company ventured into manufacturing M.S. Billets and set up its manufacturing unit in Ahmedabad, Gujarat in the year 2015. Today, our Company is engaged in manufacturing M.S. Billets and Alloy Steel Billets/Ingots.
Our Product Portfolio:
- M S BILLETS
- ALLOY STEEL BILLETS
We believe that an appropriate information technology infrastructure is important to support the growth of our business. Our IT infrastructure enables us to track orders from customers, procurement of raw materials, sale of finished goods and inventory management.
Our aim is to provide branded, standardized, and uniform quality products at competitive prices to our consumers. Many of our competitors have a substantially large capital base and resources than we do and offer a broader range of products. As the industry continues to evolve, these competitors, driven by innovation and a commitment to meeting the world’s growing product demands.
Kalana Ispat holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Kalana Ispat Review From MoneyMintIdea –
- May Apply
