Kalahridhaan Trendz Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

15 Feb 2024

Close Date

20 Feb 2024

Allotment

21 Feb 2024

Listing Date

23 Feb 2024

Exchange

NSE SME

Price Band

₹45

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹45

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

49,98,000 shares (aggregating up to ₹22.49 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

1,21,89,000 shares

Promoters

Post-IPO Holding

1,71,87,000 shares

Promoters

P/E (Pre)

8.24x

P/E (Post)

8.08x

EPS (Pre)

₹5.46

EPS (Post)

₹5.57

UPI Deadline

2024-02-20

Mandate

Anchor AllotmentWed, 14 Feb 2024

Basis of AllotmentWed, 21 Feb 2024

Refund InitiationThu, 22 Feb 2024

Demat CreditThu, 22 Feb 2024

Listing DayFri, 23 Feb 2024

UPI Mandate Deadline2024-02-20

Sale TypeFresh Capital

Net Offer to Public47,46,000 shares (aggregating up to ₹21.36 Cr)

Market Maker Quota2,52,000 shares (aggregating up to ₹1.13 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Kalahridhaan Trendz Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Feb 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	252,000	—	₹1.13
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,998,000	100%	₹22.49

IPO Shares Offered

Kalahridhaan Trendz Ltd IPO total issue size: ₹22.49 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	252,000	₹1.13	5.04%
Total	4,998,000	₹22.49	100.00%

* Based on upper price band ₹45 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹45.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹270,000
Retail (Max — 13 Lots)	13	39,000	₹1,755,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,890,000
B-HNI (Min — 68 Lots)	68	204,000	₹9,180,000

* Issue Price ₹45 × Lot Size 3,000 shares

IPO Schedule

Anchor

14 Feb 2024

✓ Done

IPO Open

15 Feb 2024

✓ Done

IPO Close

20 Feb 2024

✓ Done

Allotment

21 Feb 2024

✓ Done

Refunds

22 Feb 2024

✓ Done

Demat Credit

22 Feb 2024

✓ Done

Listing Day

23 Feb 2024

✓ Done

₹45.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹45.00 Live Price

About Kalahridhaan Trendz Ltd

Kalahridhaan Trendz Limited was founded in 2016 and is a company that dyes and processes textiles.The company is engaged in manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market.The company has two divisions:Embroidery and knittingDyeing and printing of clothsThe company's manufacturing facility is located in Ahmedabad, Gujrat, and has a production capacity of 1.00 lakh metres per day.As on December 31, 2023, the company employed a total of 12 permanent employees in various departments.

Objects of the Issue

Working capital requirement

General Corporate Purpose, and

Meeting Public Issue Expenses.

Kalahridhaan Trendz Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹18,390.5

31 Mar 2022

₹18,417.0

31 Mar 2023

₹8,434.5

30 Sep 2023

Profit After Tax (PAT)

₹246.2

31 Mar 2022

₹666.0

31 Mar 2023

₹478.7

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	8434.54	18417.01	18390.46
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	478.72	666.01	246.20
Net Worth	2290.94	1202.78	536.77
Total Assets	10979.30	10962.55	10297.94
Reserves & Surplus	1072.04	1202.78	536.77
Borrowings	6702.43	6105.33	5249.90
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

1.51

RoE

42.09%

RoCE

17.39%

RoNW

36.75%

Debt/Equity

3.19

Issue Structure & Shareholding

Total Shares Offered49,98,000 (100.00%)

Net Offer to Public47,46,000 shares (aggregating up to ₹21.36 Cr)

Reserved for Market Maker2,52,000 shares (aggregating up to ₹1.13 Cr)

Pre-Issue Promoter Holding1,21,89,000 shares

Post-Issue Promoter Holding1,71,87,000 shares

P/BV Ratio1.51

RoE42.09%

RoCE17.39%

Debt / Equity3.19

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Interactive Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kalahridhaan Trendz Ltd IPO subscribed? ▲

Kalahridhaan Trendz Ltd IPO is subscribed 1.00 times by Feb 20, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kalahridhaan Trendz Ltd IPO retail subscription status? ▼

The Kalahridhaan Trendz Ltd IPO retail category is subscribed 1.00 times as of 20 Feb 2024. The retail portion is oversubscribed.

How to subscribe Kalahridhaan Trendz Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 15 Feb 2024 and closes 20 Feb 2024. Min investment: ₹135,000 (1 lot = 3,000 shares). UPI mandate: 2024-02-20.

How many times Kalahridhaan Trendz Ltd IPO subscribed? ▼

The Kalahridhaan Trendz Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kalahridhaan Trendz Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Feb 2024. Refunds: on 22 Feb 2024.

When Kalahridhaan Trendz Ltd IPO will be listed? ▼

The Kalahridhaan Trendz Ltd IPO listing date is 23 Feb 2024, Friday. Listed on: NSE SME. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When Kalahridhaan Trendz Ltd IPO close? ▼

The Kalahridhaan Trendz Ltd IPO closes on 20 Feb 2024, Tuesday. UPI mandate: 2024-02-20. Allotment: 21 Feb 2024. Listing: 23 Feb 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹45.00

Change—

Issue Price₹45.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹45

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹45

Subscribed1.00x

Open Date15 Feb 2024

Close Date20 Feb 2024

Allotment21 Feb 2024

Listing Date23 Feb 2024

ExchangeNSE SME

UPI Deadline2024-02-20