Kalahridhaan Trendz IPO Date, Lot Size, Reservation, Review, Apply or not?

The Kalahridhan Trendz IPO opens its subscription on 15th February 2024, means tomorrow. The ending date of their subscription is 20th Feb 2024. To get the detailed information about this IPO, stay tuned.

Kalahridhaan Trendz IPO Date

The allotment for this IPO is expected to be finalise on 21st Feb 2024 which is Wednesday. Kalahridhan Trendz IPO will be listed on SME NSE through a tentative listing date fixed as Friday, 23rd Feb 2024.

IPO Opening Date 15th Feb 2024, Thursday
IPO Closing Date 20th Feb 2024, Tuesday
Basis of Allotment 21st Feb 2024, Wednesday
Refund Initiation 22nd Feb 2024, Thursday
Credit of Shares to Demat 22nd Feb 2024, Thursday
Date of Listing 23rd Feb 2024, Friday
Cut-off for UPI mandate confirmation 5 pm on 20th Feb 2024

 

Kalahridhan Trendz IPO is a fixed cost issue of Rs 22.49 Cr. The issue is fully a fresh issue of Rs 49.98 Lakh shares.    

The price of Kalahridhan Trendz IPO is Rs 45 for each share. The minimal amount of investment needed from retail investors is Rs 135000.

Kalahridhaan Trendz IPO Date

Face Value Rs 10 per share
Cost Rs 45 per share
Lot Size 3000 shares
Total Issue 4,998,000 shares (aggregating up to Rs 22.49 Cr)
New Issue 4,998,000 shares (aggregating up to Rs 22.49 Cr)
Issue Type Fixed price issue IPO
Listing at SME NSE
Shareholding Pre Issue 12,189,000
Shareholding Post Issue 17,187,000
Market Maker Portion 252,000 shares

 

Interactive Financial Services Ltd is the book-running lead manager of this IPO, whereas Big Share Services Pvt Ltd is a registrar for the issue.

Kalahridhaan Trendz IPO Lot Size

 The lowest lot size regarding this application is 3000 shares. The minimum lot size investment for HNI is 2 lots (6000 shares) amounting to Rs 270000.

Application Lots Shares Amount
Retail Minimum 1 3000 Rs 135000
Retail Maximum 1 3000 Rs 135000
Retail Minimal 2 6000 Rs 270000

 

Kalahridhaan Trendz IPO Reservation

Category of Investors Offered Shares
Retail Share Provided 50%
Other Share Offered 50%

Kalahridhaan Trendz IPO Promoters and Management

The names of the promoters are Niranjan Agarwal, Aditya Agarwal and Sunitadevi Agarwal.

Pre-issue Promoting Shareholding 96.22%
Post-Issue Promoting Shareholding 68.24%

Kalahridhaan Trendz IPO Major Strength

  • The product of this organisation is highly unique.
  • Producing high demanded products, establishing brand presence.
  • The IPO has an efficient team and experienced promoters.
  • Prime location of their manufacturing unit.

Kalahridhaan Trendz IPO Review

The IPO price attractive at Rs 45 per share, offer investors an opportunity to participate in the growth journey of the organisation.

This is essential for investors to carefully consider the associated risk with the firm including depending on key consumer and suppliers potential litigations and operational disruption.

The company primarily works on the model of B2B for manufacturing and trading in fabrics.

Based on financial year 2024 annualized super earnings, the issue appears reasonably priced, but the sustainability of such margins going forward raised concerns.  

Apply or not for The Kalahridhan Trendz IPO

As per the analysis of different sources, I suggest you invest in this company for the long term. Because Kalahridhana Trendz IPO is a good company and quality of their products is highly reliable.  

The other which I suggest you apply to in this IPO is that firm is operating in a highly competitive and fragmented segment. This leads to enhanced company profit at a higher rate.

Last and important reason is that well-informed or surplus cash investors may consider parking funds for the medium term.

The Kalahridhan Trendz IPO presents itself as a promising prospect in the textile industry with its diversified offerings and a concentration on quality and innovation.

Go to investbihar Homepage To Get Relevant Content.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top