IPO Details
Bidding Dates
16 Jul 24 - 19 Jul 24
Price Range ₹
91 - 96
Total Equity
₹ 87.84Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
16 Jul 2024
Offer end
19 Jul 2024
Allotment
22 Jul 2024
Refund initiation
23 Jul 2024
Demat transfer
23 Jul 2024
Listing
24 Jul 2024
Offer start
16 Jul 2024
Offer end
19 Jul 2024
Allotment
22 Jul 2024
Refund initiation
23 Jul 2024
Demat transfer
23 Jul 2024
Listing
24 Jul 2024
About Company
Incorporated in 2004, Kataria Industries Limited specializes in the manufacturing and supply of Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems (including Anchor Cones, Anchor Heads, and Wedges), HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors. These products are widely used across various sectors such as infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, power transmission, and distribution lines. The company's product portfolio includes: - LRPC Strands - Polymer-coated grease/wax-filled LRPC Strands - Galvanized LRPC Strands - Galvanized PE Coated LRPC Strands - Specialized LRPC Strands (19 Strands and up to 23.00 mm) Kataria Industries operates two manufacturing plants in Ratlam, Madhya Pradesh. Both facilities are equipped with essential machinery, infrastructure, and in-house testing facilities to ensure product standards are met. The manufacturing facility is certified for quality management systems under ISO 9001:2015. The company serves both domestic and international customers, exporting goods to Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil. As of December 31, 2023, Kataria Industries employs 71 permanent workers across various departments.
Year Founded
11-05-2004
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 73.6 |
| Share Capital | 15846834 | 15846834 |
Offer to Public
91,50,000.00 Cr
Project Details
- Repayment of Debt - 480cr
- Capital Expenditure for plant and machineries - 17.5cr
Objectives
- Capital Expenditure for purchase of machineries. Repayment of Debt General Corporate Purpose, Meeting Public Issue Expenses.
Highlights
- Being an approved supplier for major projects highlights the company's reliability and industry trust.
- The integrated manufacturing facility with stringent quality control ensures superior product standards, enhancing customer satisfaction and trust.
- Offering comprehensive solutions for LRPC installation with an extensive product range meets varied customer requirements, providing a competitive edge.
- A long-standing customer base in both domestic and international markets demonstrates the company's solid market position and global reach.
- The experienced promoter and strong management team provide strategic direction and operational expertise, driving the company's growth and success.
Challenges
- Delays in ordering machinery and equipment or issues with vendors could lead to time and cost overruns, impacting project timelines and budgets.
- Shortages or disruptions in raw material supply could significantly affect the company's business, financial health, operational results, and cash flows.
- Materialization of contingent liabilities and ongoing litigation involving the company and its key figures could adversely impact its financial condition and profitability.
- Reliance on a limited number of significant customers for a substantial portion of revenue poses a risk, as losing any of these clients could adversely affect business operations and financial stability.
- Non-compliance with the Companies Act, 2013, and challenges in obtaining, renewing, or maintaining necessary permits, licenses, and approvals could attract penalties and negatively impact the company's financial and operational performance and reputation.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2019 | 75,67,71,264.00 | 2,64,11,390.00 | 500.58 | 500.58 | 3.1589 |
| 2023 | 15,058.72 | 264.11 | 3,88,47,990.00 | 1,98,32,950.00 | 2.4515 |
| 2022 | 12,787.19 | 264.11 | 47,82,684.00 | 47,82,684.00 | 0.2069 |
| 2020 | 93,79,31,100.00 | 2,64,11,390.00 | 3,88,47,990.00 | 1,98,32,950.00 | 2.4515 |
| 2021 | 10,790.31 | 264.11 | 1,88,37,808.00 | 1,88,37,808.00 | 1.1887 |
