
Metals & Mining · NSE
Kalana Ispat Limited, established in October 2012, specializes in manufacturing M.S. Billets and Alloy Steel Billets in various grades. The company operates in two segments—product sales and services—supported by an ISO 2830:2012-certified facility with a 38,000 MT annual production capacity. Known for its innovation-driven approach and scalable operations, Kalana Ispat has a strong track record of profitable growth. Backed by experienced promoters, dedicated employees, and solid customer relationships, the company efficiently manages production with a core team of three key management personnel (KMPs), 15 employees, and additional temporary manpower as needed.
Price Band
₹66
Issue Size
₹32.59 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹66
at current GMP
Subscribed
57.67x
overall
Open
19 Sep 2024
Close
23 Sep 2024
Allotment
24 Sep 2024
Refund
25 Sep 2024
Demat Credit
26 Sep 2024
Listing
26 Sep 2024
Overall Subscription
57.67x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
40.81x
High Net-Worth
Retail (RII)
74.51x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,344,000 | 95,668,000 | 40.81x |
| RETAIL | 2,346,000 | 174,806,000 | 74.51x |
| Total | 4,690,000 | 270,474,000 | 57.67x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 864 | 64,377 | 74.51x |
| HNIs (10L +) | 6 | 245 | 40.81x |
| HNIs (2-10L) | 26 | 1,061 | 40.81x |
| Total Applications | 896 | 65,683 | 73.31x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Kalana Ispat Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹32.59 Crores. The shares are offered at a price band of ₹66 to ₹66 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-23, the basis of allotment is scheduled to be finalized on 2024-09-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Currently, Kalana Ispat Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹66 to ₹66 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,32,000. Expected listing price is ₹66 per equity share.
The Kalana Ispat Limited IPO aggregate issue size is ₹32.59 Crores with an equity price band set at ₹66 to ₹66 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,32,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 57.67x (Retail: 74.51x, QIB: 0.00x, NII: 40.81x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-09-24. Investors can verify status using PAN card or application number.
Kalana Ispat Limited shares are scheduled to list on NSE on 2024-09-26.