Kataria Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹96
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,15,200
Issue Size
₹54.58 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Kataria Industries Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
40.13%
Issue Type
Book Building - SME
ISIN
INE0SVY01018
About the Company
Kataria Industries Limited 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. Its 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. Its products are certified by ISO 9001:2015 for quality management systems.
Industry Overview
India's high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress. Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. Prime Minister Mr. Narendra Modi also recently reiterated that infrastructure is a crucial pillar to ensure good governance across sectors. Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The fundamental principle of India's power industry has been to provide universal access to affordable power in a sustainable way. The Ministry of Power has made significant efforts over the past few years to turn the country from one with a power shortage to one with a surplus by establishing a single national grid, fortifying the distribution network, and achieving universal household electrification. India's power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power, to viable non-conventional sources such as wind, solar, agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. India's Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables. India has a competitive advantage in terms of manufacturing costs, market knowledge, technology, and innovation in various engineering sub-sectors. India's engineering sector has witnessed a remarkable growth over the last few years, driven by increased investment in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of huge strategic importance to India's economy.
Company History
Kataria Industries Limited was originally incorporated as `Kataria Industries Private Limited' as Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated May 11, 2004 bearing Corporate Identification Number U27300MH2004PTC146201 issued by the Registrar of Companies, Maharashtra. On October 23, 2012 registered office of company is shifted from Maharashtra to state of Madhya Pradesh. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on December 11, 2023 and consequently the name of the Company was changed to `Kataria Industries Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Gwalior dated December 20, 2023. The CIN of the Company is U27300MP2004PLC029530.
Products & Services
- Kataria Industries Limited 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.
Growth Strategy
- Expanding domestic and international market presence and product portfolio.
- Continue to Strengthen Customer Relationships and strengthening brand "Kataria Tenasyo"
- Improving operational efficiency.
- Focus on rationalizing its indebtedness.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of upto 56,84,400 equity shares of face value of Rs. 10/- each of Kataria Industries Limited ("KIL" or the "Company" or the "Issuer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the "Issue {Price") aggregating to Rs. 54.57 crores ("The Issue"), of which 2,88,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share aggregating to Rs. 2.76 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 53,96,400 equity shares of face value of Rs. 10/- each at a price of Rs. 96 per equity share aggregating to Rs. 51.81 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.40 % and 25.06 % respectively of the post issue paid up equity share capital of the company. Issue Price:Rs. 96 per equity share of face value of Rs. 10 each. The issue price is 9.6 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Approved supplier in major projects.
- Integrated manufacturing facility with stringent quality control mechanism.
- Offering comprehensive solutions for LRPC Installation with extensive product range.
- Long Standing Customer Base in domestic market as well as International Market.
- Experienced Promoter and strong management team.
- One of the focal points of concern pertains to capital expenditure earmarked for the acquisition of machinery and equipment. Currently, orders for the intended purchase of these assets have not been initiated. Any potential delays in placing orders or unforeseen challenges in the vendors' ability to supply the equipment and machinery promptly, or at all, could lead to both time and cost overruns.
- Any shortages, delay or disruption in the supply of the raw materials the company use in its manufacturing process may have a material adverse effect on its business, financial condition, results of operations and cash flows.
- The company may have certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.
- The Company, its Promoters, its Directors and its Group Companies are involved in litigation proceedings that may have a material adverse outcome.
- The company derives a significant portion of its revenues from a limited number of Customers. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.