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Kalana Ispat IPO Receives Positive Response with a 4.13x Subscription Rate on Day 2!

Kalana Ispat Limited IPO attracted strong investor interest on Day 2, reaching a 4.13x subscription. This indicates initial demand and positive market sentiment about the company's growth potential.
Kalana Ispat IPO Receives Positive Response with a 4.13x Subscription Rate on Day 2!

Kalana Ispat Limited IPO saw strong investor interest on Day 2, reaching a 4.13x subscription. This indicates initial demand and positive market sentiment, reflecting confidence in the company’s future growth potential.

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Kalana Ispat Limited IPO Subscription Status

Kalana Ispat Ltd IPO achieved a subscription status of 0.70 times on Day 1. This figure indicates that the demand from investors exceeded the total number of shares offered, showcasing robust interest and confidence in the company’s growth potential.

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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