Kalahridhaan Trendz Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹45 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹22.49 cr
- Total subscription
- 8.2×
- Opens
- 15 Feb 2024
- Closes
- 20 Feb 2024
- Allotment
- 21 Feb 2024
- Listing
- 23 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 49,98,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹22.49 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,21,89,000
- Shares after issue
- 1,71,87,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,35,000 |
| HNI | 2 | 6,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 10.68 | 102.84 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| EPS | 10.93 | 4.04 | 1.81 |
| ROE | 42.09 | 21.86 | 11.66 |
| ROCE | 17.39 | 10.35 | 10.16 |
| RONW | 10.16 | 21.48 | 12.28 |
| PRE IPO(PE) | 8.24 | 0 | 0 |
| POST IPO(PE) | 1.51 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Kalahridhaan Trendz Limited, founded in 2016, is a well-established name in the textile industry, specializing in fabric dyeing, printing, and embroidery. The company is engaged in the manufacturing and trading of embroidered fabrics, grey fabrics, and printed and dyed textiles, catering to the B2B market. It operates through two primary divisions: Embroidery & Knitting and Dyeing & Printing, offering a diverse range of suiting, shirting, and dress materials. Strategically located in Ahmedabad, Gujarat, the company’s manufacturing facility boasts a daily production capacity of 1 lakh meters, ensuring high efficiency and timely delivery. With a focus on quality, innovation, and customer satisfaction, Kalahridhaan Trendz Limited employs 12 permanent staff members across various departments as of December 31, 2023, reflecting its commitment to operational excellence.
Strengths
- Unique product development approach: Our innovative way of creating products opens strong opportunities for growth and future expansion.
- Strategic location advantage: Being close to Ahmedabad, Gujarat, provides better logistics, faster distribution, and easy access to key markets.
- Experienced leadership team: Skilled promoters and management bring valuable expertise and strong guidance to drive the company forward.
- Commitment to quality: A firm focus on high-quality standards ensures excellent products and consistent customer satisfaction.
Risk factors
- High working capital requirements: The business needs significant working capital, which can strain financial resources and impact cash flow.
- Shifting consumer preferences: Changes in customer tastes can influence product demand and create market fluctuations.
- Labor-intensive operations: Heavy reliance on manual processes may increase costs and make resource management more difficult.
- History of negative cash flows: Past cash flow issues indicate financial stress and potential liquidity challenges.
Promoters
Niranjan Agarwal
Aditya Agarwal
Sunitadevi Agarwal
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad - 382405
+91 6353302166
[email protected]Company website ↗Understanding KTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.