Kataria Industries Ltd IPO

Kataria Industries Limited engaged in the manufacturing and supply of Low Relaxation Pre-Stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head and Wedges), HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers and Aluminium Conductors. Its wide variety of products are utilized in various sectors including Infrastructure, Roads - Bridges & Flyovers, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission & Distribution Lines etc. Its products are certified by ISO 9001:2015 for quality management systems.

Open Demat Account

50years

Kataria Industries Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
56.85 LTBA18.89 L63.6 LNSE₹ 54.58 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
16 Jul, 2419 Jul, 241200 ₹ 1,09,200 Book Building - SME24 Jul, 24

Kataria Industries Ltd IPO Dates

  • 16 Jul 2024

    Opening date

  • 19 Jul 2024

    Closing date

  • 22 Jul 2024

    Basis of
    Allotment

  • 23 Jul 2024

    Initiation of
    Refunds

  • 23 Jul 2024

    Credit of
    Shares

  • 24 Jul 2024

    Listing date

Details

SectorType
SectorSteel - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB68.52x2698670184899600
NII969.8x809601785154000
Retail274.66x1889068518844000
Employee0x00
Total261.9x56850001488897600

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Kataria Industries Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations20.5712.2814.25
EBITDA26.2316.2817.85
PAT10.027.787.38
Total Assets75.28112.0492.29
Share Capital15.852.642.64
Total Borrowings62.9987.3068.91
Operating Activities (Net Cash)15.6811.7810.98
Investing Activities (Net Cash)0.00-5.08-9.54
Financing Activities (Net Cash)62.9987.3068.91
Net Cashflow4.165.102.84

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 Kataria Industries Ltd

Kataria Industries Limited was originally incorporated as `Kataria Industries Private Limited' as Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated May 11, 2004 bearing Corporate Identification Number U27300MH2004PTC146201 issued by the Registrar of Companies, Maharashtra. On October 23, 2012 registered office of company is shifted from Maharashtra to state of Madhya Pradesh. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on December 11, 2023 and consequently the name of the Company was changed to `Kataria Industries Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Gwalior dated December 20, 2023. The CIN of the Company is U27300MP2004PLC029530.

India's high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress. Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. Prime Minister Mr. Narendra Modi also recently reiterated that infrastructure is a crucial pillar to ensure good governance across sectors. Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The fundamental principle of India's power industry has been to provide universal access to affordable power in a sustainable way. The Ministry of Power has made significant efforts over the past few years to turn the country from one with a power shortage to one with a surplus by establishing a single national grid, fortifying the distribution network, and achieving universal household electrification. India's power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power, to viable non-conventional sources such as wind, solar, agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. India's Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables. India has a competitive advantage in terms of manufacturing costs, market knowledge, technology, and innovation in various engineering sub-sectors. India's engineering sector has witnessed a remarkable growth over the last few years, driven by increased investment in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of huge strategic importance to India's economy.

Peer Comparison:

  • Kamdhenu Ltd
  • Incredible Industries Ltd
  • Bharat Wire Ropes Ltd

Kataria Industries Ltd IPO Key Points

Strengths

  • Approved supplier in major projects.
  • Integrated manufacturing facility with stringent quality control mechanism.
  • Offering comprehensive solutions for LRPC Installation with extensive product range.
  • Long Standing Customer Base in domestic market as well as International Market.
  • Experienced Promoter and strong management team.

Risk

  • One of the focal points of concern pertains to capital expenditure earmarked for the acquisition of machinery and equipment. Currently, orders for the intended purchase of these assets have not been initiated. Any potential delays in placing orders or unforeseen challenges in the vendors' ability to supply the equipment and machinery promptly, or at all, could lead to both time and cost overruns.
  • Any shortages, delay or disruption in the supply of the raw materials the company use in its manufacturing process may have a material adverse effect on its business, financial condition, results of operations and cash flows.
  • The company may have certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.

Strategy

  • Expanding domestic and international market presence and product portfolio.
  • Continue to Strengthen Customer Relationships and strengthening brand Kataria Tenasyo
  • Improving operational efficiency.
  • Focus on rationalizing its indebtedness.
  • Approved supplier in major projects.
  • Integrated manufacturing facility with stringent quality control mechanism.
  • Offering comprehensive solutions for LRPC Installation with extensive product range.
  • Long Standing Customer Base in domestic market as well as International Market.
  • Experienced Promoter and strong management team.

How To Apply for Kataria Industries Ltd 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.

Get your FAQs right

Kataria Industries Ltd's IPO offers shares for up to ₹ 0 L It begins on Jul 16, 2024 and ends on Jul 19, 2024.

The price of Kataria Industries Ltd IPO ranges between ₹91 to ₹96 per share.

The Kataria Industries Ltd IPO opens on Jul 16, 2024 and closes on Jul 19, 2024.

The allotment for the Kataria Industries Ltd IPO will be finalised on Jul 22, 2024. The shares will be listed on BSE and NSE on Jul 24, 2024.

The minimum lot size for Kataria Industries Ltd IPO is 1200 shares, priced between ₹91 to ₹96 per share.

The GMP (Grey Market Premium) of Kataria Industries Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Kataria Industries Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Kataria Industries Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 16, 2024, and closes on Jul 19, 2024. The allotment is finalised on Jul 22, 2024.

To apply for the Kataria Industries Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.