Kalahridhaan Trendz Limited IPO is an NSE SME IPO. They are going to raise ₹22.49 Crores via IPO. The issue is priced at ₹45 to ₹45 per equity share. The IPO is to be listed on NSE.
Kalahridhaan Trendz Limited IPO opens for subscription on February 15, 2024, and closes on February 20, 2024. The allotment for the Kalahridhaan Trendz Limited IPO is expected to be finalized on February 21, 2024. Kalahridhaan Trendz Limited IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
| Kalahridhaan Trendz Limited | NSE SME |
| Minimum Investment ₹135,000 /1 Lot (3000 shares) | Price Range ₹45-₹45 | |
| Max Quantity 1 Lots/3000 Shares | Max Investment ₹135,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 22.49 Cr | Employee Discount ₹0 |
| Total Issue Size 4,998,000 Shares (aggregating up to ₹22.49 Cr) | Share Holding Pree Issue 12,189,000 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 4,998,000 Shares (aggregating up to ₹22.49 Cr) | Share Holding Post Issue 17,187,000 | Listing At NSE SME |
| Market Maker Portion 252,000 shares (Sunflower Broking) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 15 Feb 2024 |
| Offer Ends | 20 Feb 2024 |
| Allotment | 21 Feb 2024 |
| Refunds | 22 Feb 2024 |
| Credit of shares to Demat account | 22 Feb 2024 |
| IPO Listing | 23 Feb 2024 |
About Kalahridhaan Trendz Limited
Kalahridhaan Trendz Limited was founded in 2016 and is a company that dyes and processes textiles.
Kalahridhaan Trendz is engaged mainly in the business of manufacturing and trading Fabric with embroidery works, Trading grey cloths, purchasing grey cloth, and printing and dyeing for preparing suiting, shirting, and dress materials for sale in the B2B market only. They are preparing the suiting, shirting & dress material products and focus on the wholesale market. They are the first-stage wholesalers, who directly supply the material to the wholesalers.
The company has two divisions:
- Embroidery and knitting
- Dyeing and printing of cloths
- The company’s manufacturing facility is located in Ahmedabad, Gujrat, and has a production capacity of 1.00 lakh metres per day.
In the case of Embroidery Segment, the Company undertakes the embroidery work for its own business as well as on behalf of the other clients. In addition to this, they also get embroidery work outsourced. The company also deals in the purchase and sale of grey clothes as well as the suiting, shirting, and dress materials.
| founded in | Managing Director |
| 2016 | Mr. Niranjan Agarwal |
Share Holding
| Share Holding Pre-Issue | 96.22% |
| Share Holding Post-Issue | 68.24% |
Kalahridhaan Trendz Limited IPO Prospectus
| Kalahridhaan Trendz Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹18,417.01 | ₹18,390.46 | ₹13,235.91 |
| Assets | ₹10,962.55 | ₹10,297.94 | ₹5,979.36 |
| Profit | ₹666.01 | ₹246.20 | ₹110.54 |
All values are in Rs. Lakhs
Fundamentals
| Values | Values | ||
| Market cap | 77.34 Cr | ROE | 42.09% |
| P/E (X) | 8.24 | ROCE | 17.39% |
| POST P/E (X) | 8.08 | EPS | 5.46 |
| Debt to Equity | 3.19 | RONW | 36.75% |
Objects of the Issue
- Working capital requirement.
- General corporate purposes
Brokerage Firm IPO Review
- To be updated soon
| Kalahridhaan Trendz Limited Contact Details | |
| Address | Kalahridhaan Trendz Limited 57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad – 382405 |
| Phone: | +91 6353302166 |
| cs@kalahridhaan.com | |
| Website | http://www.kalahridhaan.com/ |
| Kalahridhaan Trendz Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Kalahridhaan Trendz Limited IPO Allotment Status Check |
| Kalahridhaan Trendz Limited IPO Allotment Status Check Click Here |
| Kalahridhaan Trendz Limited Lead Managers | |
| Interactive Financial Services Ltd A – 1006, Premium House, B/h Handloom House, Ashram Road, Ahmedabad – 380009 | |
| Phone | +91-79-2658 1240 |
| info@iFinServices.com | |
| Website | http://ifinservices.com/ |
Kalahridhaan Trendz Limited IPO FAQs
What is Kalahridhaan Trendz Limited IPO?
- Kalahridhaan Trendz Limited IPO is an NSE SME IPO. They are going to raise ₹22.49 Crores via IPO. The issue is priced at ₹45 to ₹45 per equity share. The IPO is to be listed on NSE.
When Kalahridhaan Trendz Limited IPO will open?
- The IPO is to open on February 15, 2023, for NII, and Retail Investors.
What is Kalahridhaan Trendz Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Kalahridhaan Trendz Limited IPO Size?
- Kalahridhaan Trendz Limited IPO size is ₹22.49 crores.
What is Kalahridhaan Trendz Limited IPO Price Band?
- Kalahridhaan Trendz Limited IPO Price Band is ₹45 to ₹45 per equity share.
What is Kalahridhaan Trendz Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (3000 Shares) with ₹135.000. and Maximum Lot Size 1 Lots (3000 Shares) with ₹135,000
What is Kalahridhaan Trendz Limited IPO Allotment Date?
- Kalahridhaan Trendz Limited IPO allotment date is February 21, 2024.
What is Kalahridhaan Trendz Limited IPO Listing Date?
- Kalahridhaan Trendz Limited IPO listing date is February 23, 2024. The IPO to list on NSE.