IPO

IPO Synopsis

Kalyani Cast-Tech Ltd
Initial public issue of 21,66,000* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Kalyani Cast-Tech Limited (the "Company" or the "Issuer") for cash at a price of Rs. 139.00 per equity share including a share premium of Rs. 129.00 per equity share (the "Issue Price") aggregating to Rs. 30.11 crores ("The Issue") of which 3,62,000* equity shares aggregating to Rs. 5.03 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 18,04,000* equity shares aggregating to Rs. 25.08 crores (the "Net Issue"). The issue and the net issue will constitute 30.17% and 25.12% respectively of the post issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.
Issue
Opens On Closes On
08-Nov-23 10-Nov-23
Money Payable On
Application Allotment
139.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 26.64 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 30.11  
Post Issue Equity Share Capital (.Cr) 7.18
Issue Price () 139.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Naresh Kumar
Javed Aslam
Nathmal Bangani
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd