
Kalyani Cast Tech Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹95(68.35%)
Premium (ELP)
Kalyani Cast Tech Limited's achieved publicly listed status following its IPO debut on Nov 17, 2023 at the BSE platform. The offering successfully mobilized 21,66,000 Shares, with 21,66,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹137 to ₹139, starting from minimum lots of 1000 shares. The subscription window from Nov 08, 2023 through Nov 10, 2023 enabled investor participation across market segments.
Share allocation was completed on Nov 13, 2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2012, Kalyani Cast Tech Ltd is engaged in the casting business with in-house machining facilities and manufactures products like bearing housings for electrical locos, MG coupler components, adapters for WDG4 loco, CI brake blocks, and more. The company also specializes in manufacturing cargo containers, including ISO containers (20', 25', 40', 42') along with customised containers for parcel cargo, two and three-wheelers, dwarf, and cuboid containers. Kalyani Cast Tech serves a wide range of industries and clients, including Indian Railways, mining, cement, chemical, fertilizer, and power plant sectors.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Promoter & Management Team: Strong leadership with industry knowledge.
- Targeted Customer Strategy: Uses effective networking channels to identify core customers and deliver customized solutions.
- Superior Service Quality: Differentiates from competitors by offering exceptional and reliable services.
NA
- Mr Naresh Kumar
- Mr Javed Aslam
- Mr Nathmal Bangani
- Ms Kamala Kumari Jain
- Ms Muskan Bangani
Kalyani Cast Tech Limited
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