The last GMP for Kataria Industries SME IPO is ₹45, updated on July 13, 2024, at 10:24 AM. The projected listing price for Kataria Industries IPO GMP is ₹141 (cap price + today’s GMP) (price band: 96.00). Share gain/loss is predicted to be 46.88%.
Kataria Industries IPO GMP
The price that an initial public offering (IPO) trades at on an unofficial, unregulated grey market before it is listed is known as the grey market premium (GMP). On the day that a company’s shares are listed, the GMP forecasts how the initial public offering (IPO) will perform.
Kataria Industries SME IPO’s most recent GMP, as of July 13, 2024, 10:24 AM, is ₹45. Kataria Industries IPO GMP’s expected listing price with a price band of 96.00 is ₹141 (cap price + today’s GMP).46.88% is the anticipated percentage gain or loss per share.
₹0 is the lowest GMP and ₹45 is the highest. Keep checking back to see the anticipated launching price and daily price movement of Kataria Industries SME IPO GMP. It is important to remember that IPO GMP may fluctuate greatly, making it dangerous to rely on an investment choice just on Kataria Industries SME IPO GMP.
Kataria Industries Limited IPO Timeline
The Rs 54.58 crore Kataria Industries IPO is a book-built issue. This is a completely new 56.85 lakh share offering. The proposed listing date for Kataria Industries’ initial public offering (IPO) is Wednesday, July 24, 2024, on NSE SME.
The subscription period for Kataria Industries’ IPO begins on July 16, 2024, and ends on July 19, 2024. On Monday, July 22, 2024, the allocation for the Kataria Industries IPO is anticipated to be completed.
| IPO Open Date | Tuesday, July 16, 2024 |
| IPO Close Date | Friday, July 19, 2024 |
| Basis of Allotment | Monday, July 22, 2024 |
| Initiation of Refunds | Tuesday, July 23, 2024 |
| The credit of Shares to Demat | Tuesday, July 23, 2024 |
| Listing Date | Wednesday, July 24, 2024 |
| The cut-off time for UPI mandate confirmation | 5 PM on July 19, 2024 |
The pricing range for Kataria Industries’ IPO is ₹91 to ₹96 per share. A minimum of 1200 shares per lot is required for each application. A minimum of ₹115,200 must be invested by retail investors. For HNI, the bare minimum for a lot size investment is ₹230,400, equivalent to 2 lots (2,400 shares).
How to Apply for the Kataria Industries IPO?
Applying for Kataria Industries IPO online with ASBA using your bank account is possible. Additionally, you may apply online for ASBA via your stock brokers using UPI. You may also apply offline by completing the form provided by your stock broker.
To apply for the Kataria Industries IPO, follow these steps:
- Ensure you have an active Demat and trading account with a registered brokerage firm.
- Access your trading platform or IPO application portal (such as your broker’s app or website).
- Navigate to the IPO section and select the Kataria Industries IPO from the list of available options.
- Fill in the required details, including the number of shares you wish to apply for and the bid price.
- Choose your payment method (UPI or ASBA). For UPI, enter your UPI ID; for ASBA, select your bank and account.
- Review your application and submit it. Confirm the payment request through your UPI app if applicable.
- Once submitted, you’ll receive a confirmation of your IPO application.
Kataria Industries IPO Lot Size
A minimum of 1200 shares, as well as multiples of that number, are up for bid. The lowest and maximum share and amount of investments made by HNIs and retail investors are shown below.
- Retail (Min): 1200 – ₹115,200
- Retail (Max): 1200 – ₹115,200
- HNI (Min): 2,400 – ₹230,400
Kataria Industries IPO Reservation
For QIB, the investors contribute 50%, NII 15%, and Retail 35%.
- QIB Shares Offered: Not more than 50% of the Net Issue
- Retail Shares Offered: Not less than 35% of the Net Issue
- NII (HNI) Shares Offered: Not less than 15% of the Net Issue
Kataria Industries SME IPO Objective
The business plans to use the issue’s net proceeds to the following goals.
- Capital Expenditure for plant and machinery;
- Repayment of Debt
- General corporate purposes
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Kataria Industries IPO – Buy or Not
The Kataria Industries IPO is attracting significant attention due to its high Grey Market Premium (GMP), reflecting strong investor confidence. With robust financials, a leading market position in the manufacturing sector, and ambitious expansion plans, the IPO presents a promising investment opportunity.
However, potential investors should consider the valuation, ensuring it aligns with the company’s growth prospects. Assessing long-term potential and understanding inherent risks, such as market volatility and competitive pressures, is crucial.
While the IPO appears attractive, conducting thorough due diligence is essential before making an investment decision. Overall, Kataria Industries’ IPO is worth considering for investors seeking exposure to a reputable and growth-oriented company in the manufacturing industry.