Kalahridhaan Trendz Limited is a company that dyes and processes textiles.
The company is engaged in manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market.
The company has two divisions:
- Embroidery and knitting
- Dyeing and printing of cloths
The company’s manufacturing facility is located in Ahmedabad, Gujarat, and has a production capacity of 1.00 lakh meters per day.
As on December 31, 2023, the company employed a total of 12 permanent employees in various departments.
Kalahridhaan Trendz IPO – Details
| IPO Opening Date | 15 February 2024 |
| IPO Closing Date | 20 February 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 49,98,000 Shares Worth ₹22.49 Crore Fresh Issue: 49,98,000 Shares Worth ₹22.49 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Kalahridhaan Trendz IPO – Date Schedule
| IPO Open Date | 15 February 2024 |
| IPO Close Date | 20 February 2024 |
| Basis of Allotment | 21 February 2024 |
| Initiation of Refund | 22 February 2024 |
| Credit of Shares to Demat Account | 22 February 2024 |
| IPO Listing Date | 23 February 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 20 February 2024 |
Kalahridhaan Trendz IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,35,000 |
| Retail (Maximum) | 1 | 3000 | 1,35,000 |
| HNI (Minimum) | 2 | 6000 | 2,70,000 |
Competitive Strengths
- Company’s Wide and variety range of products Existing client relationship.
- Strategically located manufacturing facilities with modern machines.
- Quality Service.
- Experienced promoters, directors and managerial Team.
Company Promoters
- Niranjan Agarwal
- Aditya Agarwal
- Sunitadevi Agarwal
Object Of The Issue
- Working capital requirement.
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 132.35 | 130.82 | 1.10 | 31.45 |
| 31 March 2022 | 183.90 | 180.60 | 2.46 | 52.49 |
| 31 March 2023 | 184.17 | 175.27 | 6.66 | 61.05 |
| 30 September 2023 | 84.34 | 77.99 | 4.78 | 67.02 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 42.09% |
| ROCE | 17.39% |
| Debt/Equity | 3.19 |
| RoNW | 36.75% |
| P/BV | 1.51 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.46 | 5.57 |
| P/E (x) | 8.24 | 8.08 |
Kalahridhaan Trendz IPO Promoter Holding
| Pre Issue Share Holding | 96.22% |
| Post Issue Share Holding | 68.24% |
Kalahridhaan Trendz IPO Prospectus
Company Contact Information
| Kalahridhaan Trendz Limited 57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad – 382405 Phone: +91 6353302166 Email: cs@kalahridhaan.com Website: http://www.kalahridhaan.com/ |
Kalahridhaan Trendz IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Kalahridhaan Trendz IPO Lead Manager(s)
| 1. Interactive Financial Services Ltd |
Kalahridhaan Trendz IPO FAQs
| What is Kalahridhaan Trendz IPO? Kalahridhaan Trendz IPO is a SME IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on NSE SME. |
| When Kalahridhaan Trendz IPO will open? The IPO is to open on 15 February 2024 for NII – 50% and Retail – 50% Investors. |
| How to Kalahridhaan Trendz IPO? You can apply Kalahridhaan Trendz IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kalahridhaan Trendz IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kalahridhaan Trendz”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kalahridhaan Trendz IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kalahridhaan Trendz”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Kalahridhaan Trendz IPO Size? Kalahridhaan Trendz IPO size is ₹22.49 crores. |
| What is Kalahridhaan Trendz IPO Price Band? Kalahridhaan Trendz IPO Price Band is ₹45. |
| What is Kalahridhaan Trendz IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 3000 Shares with ₹1,35,000 amount while the maximum bid is 3000 shares with ₹1,35,000. |
| What is the Kalahridhaan Trendz IPO Allotment Date? Kalahridhaan Trendz IPO allotment date is 21 February 2024. |
