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  1. Kataria Industries Limited
Kataria Industries Limited

Kataria Industries Limited

listed
₹1.09LMin. investment

Kataria Industries Limited IPO Details

Price range₹91.00 – ₹96.00
IPO type
SME
Lot size1200 shares
Issue size₹54.58Cr
RHP/DRHP
Read

Kataria Industries Limited Timeline

  1. Bid start
    16 Jul 2024
  2. Bid end
    19 Jul 2024
  3. Allotment
    18 Jul 2024
  4. Release of funds
    23 Jul 2024
  5. Demat transfer
    22 Jul 2024
  6. Listing
    24 Jul 2024

About Kataria Industries Limited

Incorporated in 2004, Kataria Industries is engaged in the manufacturing and supply of Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head and Wedges), HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers and Aluminium Conductors. The wide variety of products are utilized in various sectors including Infrastructure, Roads – Bridges & Flyovers, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission & Distribution Lines etc. They have two manufacturing plants, both are situated at Ratlam, Madhya Pradesh. Their plants are well equipped with essential machinery, infrastructure, and an in-house testing facility, which ensures that their product conforms to the requisite standards.
Kartaria Industries have sold products in India and several other countries across the globe which includes Dubai, Qatar, Nepal, Iran, Oman, Bahrain and Brazil. The company is also engaged in the manufacturing and supply of all kinds of ingots, including those made of iron, steel, copper, bronze, aluminum and other ferrous and non-ferrous materials, as well as drawing of wires, pipes and tubes made from them, along with various plastic products. Initially, they also had two separate division, namely the Plastic Division and the Wind Mill Division. They procure the majority of the raw materials from the giant industries in the local area. As the raw materials are heavy and not easily transferable, They prefer to purchase the same from the nearest area to cut down the transportation charges.
Kartaria Industries had invested in the real estate to diversify their income streams.  By investing in the real estate company can generate a steady income through renting spaces. The company had acquired two commercial properties in January and April  2023 situated in Gujarat.
However, in order to focus on their core business competencies and explore strategic options to grow such business and to rationalize its management, business and finances, are constantly improving and expanding their processes and technologies.
Kartaria Industries top management always emphasises core strength and policies that focus on technology and excellent service delivery. With a passion for setting high standards of service, the management always takes measures to scale up as needed to deliver the best. They work diligently and have a wide range of equipment to meet every need and ensure client satisfaction.
As Kataria Industries prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
  1. Capital Expenditure for purchase of machineries.
  2. Repayment of Debt 
  3. General Corporate Purpose, 
  4. Meeting Public Issue Expenses.

Checklist

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Kataria Industries Limited Contact Details

Company NameKataria Industries Limited

How to apply for Kataria Industries Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Kataria Industries IPO FAQs

Investors can apply for the Kataria Industries Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Kataria Industries Limited is 54.58 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Kataria Industries Limited will be open between 2024-07-16 and 2024-07-19.
Kataria Industries Limited allotment date is 2024-07-22. For Kataria Industries Limited allotment status check, you can visit the website of the registrar of the IPO.
For Kataria Industries Limited, the IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED. You can check Kataria Industries Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Kataria Industries Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Kataria Industries Limited lot size is 1200 and minimum order quantity is 1200.
Kataria Industries Limited has set the price band for its IPO at 96 per equity share with a face value of 10.