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Kalana Ispat Ltd
Registered Office : 504 Ashwamegh Avenue 5th Floor,Mithakhali , Ahmedabad - 380009 , Gujarat , India.
Phone : 81418 48159   Fax:
Email :  contact@kalanaispat.com  
Website :  www.kalanaispat.com
Initial public issue of 49,38,000 equity shares of face value of Rs10 each ("Equity Shares") of Kalana Ispat Limited (the "Company") for cash at a price of Rs66 per equity share (including a share premium of Rs56 per equity share) (the "Issue Price"), aggregating upto Rs32.59 crores ("The Issue"), of which 2,48,000 equity shares of face value of Rs10 each for cash at a price of Rs66 per equity share, aggregating to Rs1.64 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 46,90,000 equity shares of face value of Rs10 each for cash at a price of Rs66 per equity share, aggregating to Rs30.95 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.87% and 35.97% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs10 each and the issue price of Rs66 is 6.6 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-24 23-Sep-24 Rs 66.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000
  (Rs Cr) Lead Managers to the Issue
Project Cost 31.59
Jawa Capital Services Pvt Ltd
Project Financed through Current Offer 32.59
Post Issue Equity Share Capital 13.04
Issue Price Rs 66.00
Projects
Capital Expenditure for installation of 4 MW ground mounted Solar Power Plant - TPSAT structure General corporate purposes
Capital expenditure for setting up of rolling mill at survey No. 4/1 Taluka Sanand Mouje Kalana (V)
Promoted By Listing At Registrar to the Issue
  Aftabhusen Khandwala
  Varghese Joseph Pottakerry
  Gurubaxsing Jamiatsing Bagga
 NSE - SME
 Skyline Financial Services Pvt
NIFTY
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