The Kalyani Cast Tech IPO started on November 8, 2023, and ended on November 10, 2023. Shares were allocated on November 16, 2023, and refund processes began on November 17, 2023. On November 20, 2023, the shares were credited to investors demat accounts. Kalyani Cast Tech was officially listed on the stock exchange on November 21, 2023.
During the IPO, Kalyani Cast Tech offered shares at a price range of ₹137 to ₹139 per share, and the lot size was 1000 shares. The total issue size was ₹30.11 crores, with ₹30.11 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Kalyani Cast Tech Limited IPO Subscription Update Video
Kalyani Cast Tech IPO Subscription Status
The Kalyani Cast Tech IPO on November 8, 2023 was subscribed times, with the retail category being subscribed times, the NII (Non-Institutional Investor) category being subscribed times, the QIB (Qualified-Institutional Buyers) category being subscribed times.
| Category | Subscription |
| QIB | x |
| NII | x |
| Retail | x |
| Total | x |
Kalyani Cast Tech IPO Basic Details
| Company Name | Kalyani Cast Tech Limited |
| Domain of Company | Casting Business |
| Kalyani Cast Tech IPO GMP Today | ₹40 |
| Kalyani Cast Tech IPO Listing Gain | 28.78% |
| Kalyani Cast Tech IPO Open Date | November 8, 2023 |
| Kalyani Cast Tech IPO Close Date | November 10, 2023 |
| Kalyani Cast Tech IPO Allotment Date | November 16, 2023 |
| Kalyani Cast Tech IPO Listing Date | November 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹137 to ₹139 per share |
| Lot Size | 1000 Shares |
| Issue Size | 2,166,000 shares of ₹10 (aggregating up to ₹30.11 Cr) |
| Offer for Sale | 2,166,000 shares of ₹10 (aggregating up to ₹30.11 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr Naresh Kumar, Mr Javed Aslam, Mr Nathmal Bangani, Ms Kamala Kumari Jain and Ms Muskan Bangani |
About Kalyani Cast Tech Limited
Kalyani Cast Tech Ltd started its journey in 2012, and it’s all about casting things with its own machinery. They make various products like bearing housing for electric trains, MG coupler parts, adapters for a specific type of locomotive, brake blocks, and more.
One of their specialties is creating cargo containers, including standard ones like 20′, 25′, 40′, and 42′ ISO containers. They can also make custom containers for different types of cargo, from small items to two and three-wheelers.
They work with a wide range of clients, including Indian railways, mining companies, cement producers, chemical and fertilizer manufacturers, and power plants.
What makes them stand out are:
- They have a skilled and experienced team, including the founders.
- They’re really good at finding the right customers and coming up with smart ways to market their custom solutions.
- They’re known for providing top-notch services, which sets them apart from the competition.
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Kalyani Cast Tech IPO FAQs
What is the start and end date of Kalyani Cast Tech IPO Subscription?
The Kalyani Cast Tech IPO started on November 8, 2023, and ended on November 10, 2023.
When does Kalyani Cast Tech IPO Subscription open?
The Kalyani Cast Tech IPO open on November 8, 2023.
When does Kalyani Cast Tech IPO Subscription close?
The Kalyani Cast Tech IPO Close on November 10, 2023.
What is the allotment date of Kalyani Cast Tech IPO?
The allotment date for Kalyani Cast Tech IPO is November 16, 2023.
When is the initial refund date of Kalyani Cast Tech IPO?
The initial Refund date for Kalyani Cast Tech IPO is November 17, 2023.
When were the shares credited to investors demat accounts for the Kalyani Cast Tech IPO?
The shares for the Kalyani Cast Tech IPO were credited to investors demat accounts on November 20, 2023.
When will Kalyani Cast Tech IPO be listed on the stock market?
Kalyani Cast Tech IPO stock market will be listed on November 21, 2023 at 10 am.
What was the price range of the Kalyani Cast Tech IPO shares?
The Kalyani Cast Tech IPO shares were offered at a price range of ₹137 to ₹139 per share.
What was the lot size for the Kalyani Cast Tech IPO shares?
The lot size for the Kalyani Cast Tech IPO shares was 1000 shares.
What was the total issue size of the Kalyani Cast Tech IPO?
The total issue size of the Kalyani Cast Tech IPO was ₹30.11 crores.
How were the shares allocated among different types of investors for the Kalyani Cast Tech IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Kalyani Cast Tech IPO listed?
The Kalyani Cast Tech IPO was listed on both the NSE and BSE.
What is the Kalyani Cast Tech IPO Subscription Status?
Kalyani Cast Tech IPO is subscribed Times.
