Kalana Ispat Limited IPO Opens Today
Kalana Ispat Limited IPO Opens Today Total Issue Size – Up To 49,38,000 Equity Shares of ₹ 10 each Issue Size – ₹ 32.59 Crores IPO Price – ₹ 66 Per Share Lot Size – 2,000 Equity Shares Posted by Nilesh waghela Mumbai: Kalana Ispat Limited specializes in manufacturing steel billets of superior quality, proposes to open its Initial Public Offering on September 19, 2024, aiming to raise ₹ 32.59 Crores, with shares to be listed on the NSE Emerge platform. The issue size is Up To 49,38,000 equity shares at a face value of ₹ 10 each. Equity Share Allocation Non-Institutional Investors (NII) – 23,44,000 Equity Shares Retail Individual Investors (RII) – 23,46,000 Equity Shares Market Maker – Up to 2,48,000 Equity Shares The net proceeds from the Issue are set to be utilized for Capital Expenditure 0n the Installation of Solar Power Plant, setting up of rolling mill at Ahmedabad and General Corporate Purposes. The issue will close on September 23, 2024. The Lead Manager to the ...