Kalyani Cast-Tech Ltd IPO
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Kalyani Cast-Tech Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 21.66 L | TBA | ₹ 6.32 L | ₹ 33.51 L | BSE | ₹ 30.11 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
08 Nov, 23 | 10 Nov, 23 | 1000 | ₹ 1,37,000 | Book Building - SME | 17 Nov, 23 |
Kalyani Cast-Tech Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Castings & Forgings |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 901000 | 0 |
NII | 0x | 271000 | 0 |
Retail | 0x | 632000 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 2166000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Kalyani Cast-Tech Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 94.48 | 63.27 | 1.86 |
EBITDA | 14.77 | 12.19 | 2.47 |
PAT | 9.60 | 8.05 | 1.17 |
Total Assets | 41.52 | 18.23 | 10.17 |
Share Capital | 7.18 | 5.01 | 5.01 |
Total Borrowings | 8.81 | 3.43 | 2.16 |
Operating Activities (Net Cash) | 10.40 | 8.76 | 1.78 |
Investing Activities (Net Cash) | 15.39 | -0.20 | 0.00 |
Financing Activities (Net Cash) | 8.81 | 3.43 | 2.16 |
Net Cashflow | 9.68 | 5.40 | 1.38 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Kalyani Cast-Tech Ltd
The Company was originally incorporated on September 26, 2012 as a Private Limited Company under the name and style of Kalyani Cast-Tech Private Limited under the provisions of Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi & Haryana vide CIN U26990DL2012PTC242760. Pursuant to shareholders' resolution passed at Extra Ordinary General Meeting held on April 29, 2022, the Company was converted into a Public Limited Company and the name of the Company was changed to Kalyani Cast-Tech Limited vide a fresh Certificate of Incorporation vide CIN U26990DL2012PLC242760 dated June 03, 2022 issued by Registrar of Companies, Delhi.
From a point of loading or a goods station to a point of unloading, goods are transported by rail. These products, such as coal, building supplies, iron, and steel, are frequently large and heavy. Along with the transportation of large items, the rail freight market also offers this service. Service providers provide value-added services and logistics. Loading and documentation, unloading, services, and packaging are a few of them. A complete background analysis of the India Rail Freight Transport Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report. The India Rail Freight Transport Market is Segmented by Cargo Type (Containerized (Intermodal), Non-containerized, and Liquid Bulk), Destination (Domestic and International) and Service Type (Transportation and Services Allied to Transportation). The report offers market size and forecasts for India Rail Freight Transport Market in value (USD Billion) for all the above segments.
The company was incorporated in the year 2012, Initially we started with the business of casting for which we had commissioned a casting unit at Rewari in Haryana. The company has a class A foundry and manufactures products such as MG Coupler Components, CI Brake Blocks, Adapter for WDG4 Loco, Bearing housing for electrical loco, Corner casting for Containers motor hub traction motors etc. We cater to a diverse client base such as Indian railways, companies engaged in Mining Industry, Cement Industry, chemicals and fertilizer and power plants. Our company while catering to railways saw an opportunity in the year 2018 and started an addition line of business of manufacturing Containers. These containers were used by the railway transporters to transport goods via rail network in India. Being a cargo container manufacturing Company, we manufacture a wide product range of castings, including finished components and are specialists in various types of cargo containers such as ISO containers 20', 25', 40', 42' and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two & three wheelers. With an unparalleled experience, technical know-how and a state-of-the-art manufacturing facility, Kalyani proves to be a reliable name for their clients. The company has adopted the no-bake system of moulding and having automatic sand plant starting from knock out, screening, cooling and mixing of sand. Kalyani Cast-Tech Limited, with its strong technical foundations and innovative excellence has had an eventful and successful journey. From the commissioning of first plant, we started pioneering breakthrough innovations in inline cargo in India. Within a span of almost a decade of operations, our organization has grown many folds and expanded in terms of product portfolio, manufacturing facility, in-house designing and implementation excellence. As a result, we are able to have excellent clients list who are always happy with our professional services.
Peer Comparison:
- Titagarh Wagons Ltd
- Texmaco Rail & Engineering Ltd
- BEML Ltd
- Texmaco Rail & Engineering Ltd
- Titagarh Rail Systems Ltd
Kalyani Cast-Tech Ltd IPO Key Points
Strengths
- Unique strengths and competitive advantage.
- Efficient and reliable production processed.
- Product Innovation.
- Reputable clients and long-term contracts.
- Commitment to sustainability.
Risk
- The Company has defaulted on payment of interest and repayment of loan in the past.
- The Company has not complied with certain statutory provisions of the Stamp Act, 1899.
- There were certain write-offs in the Financial Statements of FY2019-20, which were done on account of mutual agreements between parties involved.
Strategy
- Leveraging its Market skills and Relationships.
- Improving functional efficiencies.
- Enhance customer base and to establish long-term relationships.
- To build-up a professional organization.
- Expand geographical reach.
- Unique strengths and competitive advantage.
- Efficient and reliable production processed.
- Product Innovation.
- Reputable clients and long-term contracts.
- Commitment to sustainability.
How To Apply for Kalyani Cast-Tech Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.