Kalana Ispat Limited IPO has a ₹10 Grey Market Premium as of September 18, 2024, with a price range at ₹66 per share. Offering lots of 2000 shares, the subscription window is open from September 19 to September 23, 2024.
Kalana Ispat Limited IPO GMP Today
The Grey Market Premium (GMP) for Kalana Ispat Limited is ₹10 as of September 18, 2024. This assessment coincides with a price at ₹66 per share for the IPO.
Kalana Ispat Limited IPO Review
Kalana Ispat Limited’s financial overview shows rising net worth, from ₹441.94 lakhs in March 2023 to ₹1,081.58 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 21.88% highlights enhanced shareholder value generation.
To get a full IPO review, click here Kalana Ispat Limited IPO
Kalana Ispat Limited IPO Date
Kalana Ispat Limited will start accepting subscriptions from September 19, 2024, to September 23, 2024.
Kalana Ispat Limited IPO Price
Kalana Ispat Limited’s price range is at ₹66 per share with a face value of ₹10 each.
Kalana Ispat Limited
Kalana Ispat Limited, established in 2012, became a public company in March 2024. It produces and sells M.S. Billets and Alloy Steel Billets, along with trading iron scrap, iron ore, and ingots. The company also offers casting services through job work. Plans include setting up a solar plant in Banaskantha using INR 22.99 crores from its IPO to cut operational costs.
How To Apply For Kalana Ispat Limited IPO?
To apply for the Kalana Ispat Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Kalana Ispat Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Kalana Ispat Limited IPO at Alice Blue in just a few clicks!