Kataria Industries IPO: Key Points

Kataria Industries is set to launch its IPO, scheduled to open on July 16 and close on July 19. The company aims to raise ₹54.58 crores through this NSE SME IPO. The IPO price range is fixed at ₹91 to ₹96 per share, with a market lot of 1200 shares.

Kataria Industries specializes in manufacturing and supplying products such as Low Relaxation Pre-stressed Concrete (LRPC) Strands, Steel Wires, Post-tensioning (PT) Anchorage System components, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors.

Their products find applications across various sectors including Infrastructure, Roads, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, and Power Transmission & Distribution Lines. They hold ISO 9001:2015 certification for their quality management systems.

Kataria Industries IPO: Key Points- Kataria Industries operates two manufacturing plants located in Ratlam, Madhya Pradesh, equipped with advanced machinery, infrastructure, and an in-house testing facility to ensure compliance with industry standards.

Established in 2004, the company initially focused on manufacturing and supplying various types of ingots made from materials like iron, steel, copper, bronze, aluminum, and other ferrous and non-ferrous metals. They also engaged in drawing wires, pipes, tubes, and plastic products through separate divisions such as the Plastic Division and Wind Mill Division.

However, to streamline operations and concentrate on core competencies, these divisions were transferred to Kataria Plastics Private Limited and Shree Hanuman Mining Corporation Private Limited in October 2013, as per an Order from the Madhya Pradesh High Court and accompanying Scheme of Arrangement and Demerger finalized on September 11, 2014.

Kataria Industries IPO: Key Points-  Kataria Industries’ upcoming IPO aims to raise approximately ₹54.58 crores through the issuance of 5,685,000 equity shares at a face value of ₹10 per share. The IPO will be open for subscription from July 16 to July 19, 2024. The price band for the IPO is set at ₹91 to ₹96 per equity share. The funds raised will primarily be used for capital expenditure on plant and machinery, repayment of debt, and general corporate purposes. The IPO will list on the NSE SME platform, with allocations as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NIIs).

Kataria Industries IPO: Key Points-  The Kataria Industries IPO will have a minimum market lot of 1200 shares, requiring an application amount of ₹115,200 based on the IPO price band. For Super High Net-Worth Individuals (S-HNIs), the minimum lot size is 2400 shares amounting to ₹230,400. The IPO subscription period runs from July 16 to July 19, 2024. Allotment of shares is expected on July 22, 2024, with refunds and crediting to demat accounts scheduled for July 23, 2024. The IPO is projected to list on the NSE SME platform on July 24, 2024. Investors can check the IPO subscription status and allotment status on the respective platforms.

Kataria Industries IPO: Key Points-  To apply for the Kataria Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) facility available through their bank accounts. Simply log in to your online banking portal, navigate to the “Invest” section, and select the Kataria Industries IPO for application. Alternatively, IPO forms can be downloaded from the NSE website, filled out, and submitted through your bank or broker.

Financial Report (in Crores)
– Year 2021:
– Revenue: ₹161.28
– Expenses: ₹154.70
– Profit After Tax (PAT): ₹5.01

– Year 2022:
– Revenue: ₹250.49
– Expenses: ₹239.83
– Profit After Tax (PAT): ₹7.38

– Year 2023:
– Revenue: ₹333.93
– Expenses: ₹325.65
– Profit After Tax (PAT): ₹7.78

– December 2023:
– Revenue: ₹263.04
– Expenses: ₹252.46
– Profit After Tax (PAT): ₹7.84

IPO Valuation – FY2023
– Earnings Per Share (EPS): ₹4.91 per Equity Share
– Price/Earnings (P/E) Ratio: Not Available
– Return on Net Worth (RoNW): 21.70%
– Net Asset Value (NAV): ₹22.62 per Equity Share

Kataria Industries IPO is open

Kataria Industries IPO: Key Points-  Kataria Industries is launching an IPO on the NSE SME platform to raise ₹54.58 crores. The IPO price range is set between ₹91 to ₹96 per equity share. The company’s promoters are Sunil Kataria, Arun Kataria, and Anoop Kataria. The IPO will be managed by Interactive Financial Services Ltd, and the registrar for the IPO is Bigshare Services Pvt Ltd. Kataria Industries’ corporate address is located at 34-38 and 44, Industrial Area, Ratlam-457001.

The Kataria Industries IPO will open for subscription on July 16, 2024, for all categories of investors including QIBs, NIIs, and Retail investors.

Investors’ Portion:
– QIB: 50%
– NII: 15%
– Retail: 35%

Apply online via bank or broker

How to Apply for Kataria Industries IPO:

Investors can apply for the Kataria Industries IPO through the following methods:
– ASBA (Application Supported by Blocked Amount) Online: Via your bank account’s online portal.
– UPI (Unified Payments Interface): Through UPI enabled by your stock brokers.
– Offline: By filling out and submitting the physical application form through your stock broker.

Applying through Zerodha:

1. Log in to Zerodha’s Console on their website or app.
2. Navigate to Portfolio and click on IPO.
3. Select “Kataria Industries” and click on Bid.
4. Enter your UPI ID, Quantity, and Price.
5. Submit the IPO application form.
6. Approve the mandate in your UPI app (Net Banking or BHIM).

Applying through Upstox:

1. Log in to the Upstox app using your credentials.
2. Choose the IPO section and find “Kataria Industries.”
3. Click on Bid and confirm your application details.
4. Approve the mandate in your UPI app (Net Banking or BHIM).

It’s advisable to have a Demat account with Zerodha or Upstox to facilitate the IPO application process smoothly.

To apply for the Kataria Industries IPO through Paytm Money, follow these steps:

1. Log in to the Paytm Money app with your credentials.
2. Navigate to the IPO section and select “Kataria Industries” from the list of available IPOs.
3. Click on the Bid button and confirm your application details.
4. Proceed to your UPI app (Net Banking or BHIM App) to approve the mandate for payment.
5. Ensure you have a Demat account with Paytm Money to complete the application process smoothly.

Kataria Industries IPO Details:
– IPO Size: ₹54.58 crores
– Price Band: ₹91 to ₹96 per equity share
– Minimum Lot Size: 1200 shares for ₹115,200
– Allotment Date: July 22, 2024
– Listing Date: July 24, 2024
– Listing Platform: NSE SME

Investors can expect the IPO allotment on July 22, 2024, and the shares of Kataria Industries to be listed on the NSE SME platform on July 24, 2024.