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Kalana Ispat IPO Receives Mixed Response with 0.70x Subscription Rate on Its Debut Day!

Kalana Ispat Limited IPO experienced modest investor interest on Day 1, achieving a 0.70x subscription. This reflects initial demand and positive market sentiment, indicating some confidence in the company’s potential for growth.
Kalana Ispat IPO Receives Mixed Response with 0.70x Subscription Rate on Its Debut Day!

Kalana Ispat Limited IPO experienced tepid investor interest on Day 1, achieving a 0.70x subscription. This reflects initial demand and positive market sentiment, suggesting some level of confidence in the company’s growth potential moving forward.

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How to check Kalana Ispat IPO Subscription Status?

Steps to check Kalana Ispat Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Kalana Ispat Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Kalana Ispat Limited IPO Allotment Status

The allotment date for the Kalana Ispat Limited IPO is set for September 24, with shares priced at ₹66 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

Kalana Ispat Limited IPO Listing Date 

Kalana Ispat Limited IPO is expected to be listed on the NSE SME on September 26, 2024.

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