Kalahridhaan Trendz IPO Details ( Kalahridhaan Trendz Limited IPO Review )
(15 Feb 2024 – 20 Feb 2024)
In 2016, Kalahridhaan Trendz Limited was established, specializing in coloring and processing textiles.
We focus on making and trading fabrics with embroidery, dealing in grey fabrics, purchasing grey fabrics, and printing and dyeing suiting, shirting, and dress fabrics for the B2B market.
Our operations are divided into two main areas:
- Embroidery and knitting
- Dyeing and printing of fabrics
Our manufacturing facility is situated in Ahmedabad, Gujarat, with a daily production capacity of 100,000 meters.
As of December 31, 2023, we have a dedicated team of 12 permanent employees across various departments.
Kalahridhaan Trendz Limited IPO Competitive Strength
- Experience Promoters and Team
- Prime Location of our manufacturing Unit
- Quality Assurance
- Unique kind of product
- Competition
Kalahridhaan Trendz IPO Financials Performance ( Results )
Kalahridhaan Trendz Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 5,979.36 | 13,235.91 | 110.54 | 290.56 | 290.56 | 3,145.56 |
| 31-Mar-22 | 10,297.94 | 18,390.46 | 246.20 | 536.77 | 536.77 | 5,249.90 |
| 31-Mar-23 | 10,962.55 | 18,417.01 | 666.01 | 1,202.78 | 1,202.78 | 6,105.33 |
| 30-Sep-23 | 10,979.30 | 8,434.54 | 478.72 | 2,290.94 | 1,072.04 | 6,702.43 |
Objective of Kalahridhaan Trendz IPO Issue
- Working capital requirement
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
Kalahridhaan Trendz IPO Basic Details
| IPO Date | Feb 15, 2024 to Feb 20, 2024 |
| Listing Date | Friday, February 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Issue Size | 4,998,000 shares of ₹10 (aggregating up to ₹22.49 Cr) |
| Fresh Issue | 4,998,000 shares of ₹10 (aggregating up to ₹22.49 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,189,000 |
| Share holding post issue | 17,187,000 |
| Company Promoters | Niranjan Agarwal, Aditya Agarwal and Sunitadevi Agarwal |
Kalahridhaan Trendz IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Kalahridhaan IPO Timetable
Kalahridhaan IPO will open on February 15, 2024 and close on February 20, 2024. You can join Kalahridhaan IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 15 February 2024 (Thursday) |
| Closing Date | 20 February 2024 (Tuesday) |
| Basis of Allotment | 21 February 2024 (Wednesday) |
| Initiation of Refunds | 22 February 2024 (Thursday) |
| Credit of Shares to Demat | 22 February 2024 (Thursday) |
| Listing Date | 23 February 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 20 February 2024 |
Kalahridhaan Trendz IPO Lot Size
For retail investors in Kalahridhaan Trendz IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹135,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹135,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| S-HNI (Min) | 2 | 6000 | ₹270,000 |
Kalahridhaan Trendz IPO Promoter Holding
The company’s promoters include Niranjan Agarwal, Aditya Agarwal and Sunitadevi Agarwal.
| Pre Issue Share Holding | 96.22% |
| Post Issue Share Holding | 68.24% |
Kalahridhaan Trendz Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 77.34 |
| Earning Per Share (EPS) | ₹7.74 per Equity Share |
| Net Asset Value (NAV) | ₹29.74 per Equity Share |
| P/E Ratio (P/E) (x) | 8.24 |
| Post P/E Ratio (P/E) (x) | 8.08 |
| Return on Net Worth (RoNW) (%) | 36.75 |
| Return on equity (ROE) (%) | 42.09 |
| Return on Capital Employed (ROCE) (%) | 17.39 |
| Debt/Equity Ratio | 3.19 |
| Price/Book Value Ratio | 1.51 |
Kalahridhaan Trendz Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Kalahridhaan Trendz Limited | Consolidated | 45.00 | 10.00 | 10.93 | 4.12 | 36.75 | 29.74 |
| Peer Group | |||||||
| SPL Industries Limited | Consolidated | 74.20 | 10.00 | 8.22 | 9.03 | 12.72 | 64.64 |
| Kitex Garments Limited | Consolidated | 233.15 | 1.00 | 8.94 | 26.08 | 6.65 | 136.07 |
| Monte Carlo Fashion Limited | Consolidated | 694.00 | 10.00 | 64.03 | 10.84 | 17.09 | 374.67 |
Kalahridhaan Trendz IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹0 | – | – |
| 14 February 2024 | ₹0 | – | – |
Kalahridhaan Trendz IPO Detail Video:
Kalahridhaan Trendz IPO Subscription Status (Bidding Detail)
The Kalahridhaan Trendz IPO on February 20, 2024 at 7:30:00 PM was subscribed 8.15 times, with the retail category being subscribed 9.63 times, the other category being subscribed 6.66 times.
| Category | Subscription |
| Other | 6.66x |
| Retail | 9.63x |
| Total | 8.15x |
Kalahridhaan Trendz IPO Prospectus
| Kalahridhaan Trendz IPO DRHP | Download |
| Kalahridhaan Trendz IPO RHP | Download |
| Kalahridhaan Trendz IPO Anchor Investors Details PDF | Download |
Kalahridhaan Trendz IPO Rating
| Our Rating | 2.5/5.0 |
Kalahridhaan Trendz Company Contact Information
Kalahridhaan Trendz Limited
Registered office: 57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad 382405, Gujarat, India
Tel No.: +91 6353302166
Website: www.kalahridhaan.com
E-Mail: cs@kalahridhaan.com
Contact Person: Kushang Thakkar, Company Secretary and Compliance Officer
Promoters of the Company: Niranjan Agarwal, Sunitadevi Agarwal and Aditya Agarwal
Kalahridhaan Trendz IPO Registrar
Bigshare Services Private Limited
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel No.: +91 22-62638200
Fax No.: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Vinayak Morbale
SEBI Reg. No.: INR000001385
Kalahridhaan Trendz IPO Lead Manager
Interactive Financial Services Limited
Address: office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad- 380015, Gujarat, India.
Tel No.: 07935217439 (M) +91-9898055647
Web Site : www.ifinservices.in
Email : mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Mr. Pradip Sandhir
SEBI Reg. No.: INM000012856
Kalahridhaan Trendz IPO FAQs
What is the lot size of Kalahridhaan Trendz IPO?
The total size of Kalahridhaan Trendz IPO is ₹22.49 crores and this is a complete fresh Issue.
When will Kalahridhaan Trendz IPO start?
Kalahridhaan Trendz IPO will open from 15 February 2024 and IPO will close on 20 February 2024.
What is the open date of Kalahridhaan Trendz IPO?
Kalahridhaan Trendz IPO will open date from 15 February 2024.
What is the last date ( close date ) of Kalahridhaan Trendz IPO?
Kalahridhaan Trendz IPO will close from 20 February 2024.
What is the price band of Kalahridhaan Trendz IPO?
Kalahridhaan Trendz IPO price band is ₹45.
What is the minimum amount required to apply for Kalahridhaan Trendz IPO?
The minimum investment for retailers to apply for Kalahridhaan Trendz IPO is ₹135,000 and the maximum investment is ₹135,000.
What is going on gray market premium of Kalahridhaan Trendz IPO?
View gray market premium of Kalahridhaan Trendz IPO by Clicking Here
How much is the GMP of Kalahridhaan Trendz IPO?
Watch Kalahridhaan Trendz IPO GMP Today: Click Here
What is the allotment date of Kalahridhaan Trendz IPO?
The allotment date of Kalahridhaan Trendz IPO is 21 February 2024.
How to check allotment status in Kalahridhaan Trendz IPO?
To check the allotment status of Kalahridhaan Trendz IPO, first of all go to the registrar website by clicking here, select your bad Kalahridhaan Trendz IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Kalahridhaan Trendz IPO?
The listing date of Kalahridhaan Trendz IPO is 23 February 2024.
How much will be the listing gain in Kalahridhaan Trendz IPO?
View listing gain of Kalahridhaan Trendz IPO by Clicking Here
How much time Kalahridhaan Trendz IPO is subscribed?
Total 8.15 times subscribed in Kalahridhaan Trendz IPO out of which 9.63 times subscription was done in retail quota, 6.66 times subscription in other quota.
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