Kalana Ispat Ltd. IPO: Key Details

Initially the Company’s was engaged in trading of metal scraps, which was procured through imports from various countries, sourced from shipbreaking yards and local merchants. As the business progressed, our Company ventured into manufacturing of M.S. Billets and set up its manufacturing unit at Ahmedabad, Gujarat. Today our Company is engaged in manufacturing of M.S. Billets/Ingots and Alloy Steel Billets/Ingots.

Kalana Ispat Ltd. IPO Details

IPO Date	September 19, 2024 to September 23, 2024
Listing Date	September 26 2024
Face Value	₹10 per share
Price Band	₹66 per share
Lot Size	2000 Shares
Total Issue Size	4938000 Shares
Issue Type	Fixed Price
Listing At	NSE
Share holding pre issue	8101185
Share holding post issue	8101185

Kalana Ispat Ltd. IPO Promoter Holding

The promoter of the company is Aftabhusen S Khandwawala, Varghese Joseph Pottakerry, Gurubaxsing Jamiatsing Bagga, Sadik Nannabhai Qureshi,

Share Holding Pre Issue	100%
Share Holding Post Issue	62.12%

Kalana Ispat Ltd. IPO Objectives

a. Capital expenditure for installation of 4 MW Ground Mounted Solar Power Plant - TPSAT Structure.b.Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by construction of the industrial shed, purchase of equipment/machineries, other assets etc.; andc. General Corporate Purpose

Kalana Ispat Ltd. IPO Prospectus

Kalana Ispat Ltd. DRHP

Kalana Ispat Ltd. Lead Managers

Jawa Capital Services Pvt Ltd.

Kalana Ispat Ltd. IPO Contact Information

Manishi Jain
Phone: +91-81418 48159
Email: compliance@kalanaispat.com

Kalana Ispat Ltd. IPO Registrar

Name: Skyline Financial Services Pvt Ltd
Phone: +91-011-26812682/84
Email: admin@skylinerta.com

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