IPO Trending
KALANASME / NSEListed
Kalana Ispat

Kalana Ispat Limited, established in October 2012, specializes in manufacturing M.S. Billets and Alloy Steel Billets in various grades. The company operates in two segments—product sales and services—supported by an ISO 2830:2012-certified facility with a 38,000 MT annual production capacity. Known for its innovation-driven approach and scalable operations, Kalana Ispat has a strong track record of profitable growth. Backed by experienced promoters, dedicated employees, and solid customer relationships, the company efficiently manages production with a core team of three key management personnel (KMPs), 15 employees, and additional temporary manpower as needed.

DRHP
₹66 - ₹6657.67x sub
Listed Price₹45.15
Listing Gain-31.59%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open19 Sep 2024
Close23 Sep 2024
Allotment24 Sep 2024
Listing26 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail23,46,000 shares
47.5%
Other23,44,000 shares
47.5%
Market Maker2,48,000 shares
5.02%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,32,000
HNI2 Lots (4,000 shares)
₹2,64,000

Company Promoters

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

Company Background

Kalana Ispat Limited, established in October 2012, specializes in manufacturing M.S. Billets and Alloy Steel Billets in various grades. The company operates in two segments—product sales and services—supported by an ISO 2830:2012-certified facility with a 38,000 MT annual production capacity. Known for its innovation-driven approach and scalable operations, ...

Lead Managers & Bankers

Jawa Capital Services Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹7394.46 Cr
Growth+72.0%
Revenue Trend (₹ in Crores)
0.03.2k6.4k9.6kMar 2021Mar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 7,394.46236.71,885.71461.38
Mar 2023 8,335.8750.091,617.46861.79
Mar 20225,793.3213.661,264.89260.57
Mar 20214,298.0613.621,330.7262.93

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 3.0331.12%21.20%22.5936.37
Mar-23 5.0312.07%8.33%00
Mar-221.554.02%6.31%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
24 Sep 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
26 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Kalana Ispat. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Sep 2024Trading commences on exchange

How to Check Kalana Ispat Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Kalana Ispat from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Kalana Ispat IPO

Complete issue overview for Kalana Ispat (KALANA) IPO. The issue features an equity share price band of ₹66 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,32,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions