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15 Days Price Change

Kalana Ispat IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 66  to  66 per share
Profile
Min Investment ₹66
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Kalana Ispat Limited is a prominent entity in the steel and metal industry, known for its expertise in the production and distribution of a wide range of steel products. Established with a vision to meet the growing demands of infrastructure and construction sectors, the company specializes in manufacturing high-quality steel billets, structural steel, and finished steel products. Kalana Ispat Limited operates state-of-the-art facilities equipped with advanced technology to ensure precision and efficiency in its operations. The company's commitment to excellence is reflected in its rigorous quality control measures and adherence to international standards. With a strong focus on customer satisfaction and market responsiveness, Kalana Ispat Limited has established itself as a reliable supplier in the global steel market. Its strategic approach to innovation and operational excellence underpins its reputation as a leading player in the steel industry. Read More

Basic Info

Face Value 10 per share

Price 66  to  66 per share

P/E (x) 94.3

Sales( Cr.) 52

PAT( Cr.) 1

EPS 0.7

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Aftabhusen S Khandwawala Mr. Varghese Joseph Pottakerry Mr. Gurubaxsing Jamiatsing Bagga Mr. Sadik Nannabhai Qureshi.

Pre Issue Share Holding 82.72%

Post Issue Share Holding 51.38%

Listing Details:

Listing Price: 45.15

Listing Gain: -46.18%

Current Price: 21

Gain On Issue: 21 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 19, 2024
Closing Date Sep 23, 2024
Allotment Sep 24, 2024
Refund Sep 25, 2024
Delivery of Shares Sep 25, 2024
Listing Date Sep 26, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 132,000
Retail (Max) 1 2000 132,000
S-HNI (Min) 2 4000 264,000
S-HNI (Max) 7 14000 924,000
B-HNI (Min) 8 16000 1,056,000

Objective of the Issue

1. Capital Expenditure for Installation of 4 MW DC & amp amp amp amp amp 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure 2. Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by the construction of the industrial shed, purchase of equipment/machinery, other assets etc 3. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2469000 100463610 40.7x
Retail 2469000 184039260 74.5x
EMP 0 0 0x
Total 4938000 295884960 59.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Kalana Ispat Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 43 58 83 74 55 52
Other Income 0 0 0 0 1 1
Total Income 43 58 83 74 56 53
Total Expenditure 42 57 82 70 54 51
Operating Profit 1 1 2 4 2 2
Interest 0 0 1 0 0 0
Depreciation 0 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 0 0 1 3 2 1
Provision for Tax 0 0 0 1 1 0
Profit After Tax 0 0 1 2 1 1
Adjustments 0 0 0 0 0 0
Profit After Adjustments 0 0 1 2 1 1
Adjusted Earnings Per Share 0.3 0.3 0.9 2.9 0.9 0.7

Kalana Ispat Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 4 4 4 11 43 44
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 1
Total Current Liabilities 9 8 11 8 4 5
Total Liabilities 13 13 16 19 48 50
Fixed Assets 5 4 4 4 5 12
Other Non-Current Assets 0 0 0 0 12 20
Total Current Assets 9 9 12 15 31 17
Total Assets 13 13 16 19 48 50

Kalana Ispat Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 3 1 1 1 19
Cash Flow from Operating Activities 2 -2 -5 -0 5 -0
Cash Flow from Investing Activities 0 0 -0 0 -15 -16
Cash Flow from Financing Activities 0 -0 5 -0 29 -1
Net Cash Inflow / Outflow 3 -2 1 -0 18 -17
Closing Cash & Cash Equivalent 3 1 1 1 19 3

Kalana Ispat Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.25 0.25 0.93 2.9 0.93 0.74
CEPS(Rs) 0.98 0.96 1.58 3.37 1.21 1.21
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 6.96 7.22 8.14 13.33 33 33.74
Core EBITDA Margin(%) 1.33 0.95 1.29 5.06 2.73 2.23
EBIT Margin(%) 0.78 0.66 1.26 4.84 3.72 3.1
Pre Tax Margin(%) 0.46 0.28 0.69 4.42 3.13 2.63
PAT Margin (%) 0.27 0.2 0.51 3.19 2.19 1.87
Cash Profit Margin (%) 1.05 0.76 0.87 3.71 2.86 3.04
ROA(%) 1.02 1.05 3.48 13.43 3.63 1.97
ROE(%) 3.62 3.57 12.08 30.96 4.5 2.22
ROCE(%) 6.19 6.94 12.65 25.12 6.72 3.5
Receivable days 13.23 9.35 5.48 18.49 27.73 15.16
Inventory Days 15.14 15.37 22.88 34.78 28.11 26.63
Payable days 58.73 39.5 18.44 11.54 10.52 15.18
PER(x) 0 0 0 0 51.18 27.43
Price/Book(x) 0 0 0 0 1.44 0.6
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.01 0.05 0.1 0.16 0.82 0.5
EV/Core EBITDA(x) 0.43 3.37 5.2 2.94 18.69 11.79
Net Sales Growth(%) 0 34.72 43.79 -11.21 -25.14 -6.07
EBIT Growth(%) 0 13.1 176.14 189.11 -42.54 -21.75
PAT Growth(%) 0 0.29 266.69 369.67 -48.51 -20.16
EPS Growth(%) 0 0.32 266.64 213.07 -68.01 -20.15
Debt/Equity(x) 0.7 0.67 1.96 0.43 0.06 0.05
Current Ratio(x) 0.97 1.03 1.07 1.99 7.55 3.38
Quick Ratio(x) 0.74 0.59 0.31 1.28 6.8 2.5
Interest Cover(x) 2.43 1.73 2.22 11.4 6.39 6.65
Total Debt/Mcap(x) 0 0 0 0 0.04 0.08

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -5% -14% 4% 0%
Operating Profit CAGR 0% 0% 15% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -52% NA% NA% NA%
ROE Average 2% 13% 11% 9%
ROCE Average 4% 12% 11% 10%

Company Contact Information

Kalana Ispat Ltd.

C-918, Stratum At Venus Ground Nr. Jhasi Ki Rani Statute Nehrunagar

IPO Lead Manager(s)

Kalana Ispat Ltd.

Jawa Capital Services Private Limited

Registrar Info

Kalana Ispat Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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