Kalahridhaan Trendz IPO
The initial public offering (IPO) of Kalahridhaan Trendz will open for subscription on February 15 and close on February 20, comprising fresh issues of Rs. 22.49 Cr. An investor can apply for the issue for a minimum of 3000 shares and the listing will happen on February 23, 2024.
#1. Quick Intro to Kalahridhaan Trendz
Kalahridhaan Trendz Limited (2016) is engaged in the 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.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Kalahridhaan Trendz
The company intends to use the IPO Funds for the following purposes:
- Working capital requirements.
- General corporate purpose.
- Meeting public issue expenses.
#3. Kalahridhaan Trendz Core Strengths
- Experience promoters and team.
- The prime location of our manufacturing unit.
- Quality assurance.
- Unique kind of product.
- Competition.
#4. Kalahridhaan Trendz IPO Review & Rating
| Issue Size | Rs.22.49 Crore |
| Issue Price | Rs.45 per share |
| Minimum Lot Size | 3000 Shares |
| Total Profit (March 2023) | Rs.666.01 Lakh |
| ROE | 42.09 |
| ROCE | 17.39 |
| Listing on | NSE SME |
| IPO Deliver Rating | Three |
#5. Kalahridhaan Trendz IPO Dates, Price Band & Details
Kalahridhaan Trendz IPO will open on February 15, 2024, and close on February 20, 2024. The IPO is to be listed on February 23, 2024.
| Type of issue | Fixed Price Issue IPO |
| Issue Size | Rs.22.49Crore |
| Price Brand | Rs.45 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | February 15, 2024 |
| IPO Close Date | February 20, 2024 |
| IPO Allotment Date | February 21, 2024 |
| Refund Date | February 22, 2024 |
| Share Credit Date | February 22, 2024 |
| Listing Date | February 23, 2024 |
#6. Kalahridhaan Trendz IPO Offer Details
Kalahridhaan Trendz IPO’s total issue size is 4,998,000. shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 4,998,000 | 22.49 |
| Offer for Sale (OFS) | – | – |
#7. Kalahridhaan Trendz Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 18,417.01 | 18,390.46 | 13,235.91 |
| Net Worth | 1,202.78 | 536.77 | 290.56 |
| Profit | 666.01 | 246.20 | 110.54 |
| Total Borrowings | 6,105.33 | 5,249.90 | 3,145.56 |
#8. Kalahridhaan Trendz Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 10.93 | 4.04 | 1.81 |
| RoNW (%) | 36.75 | 21.48 | 12.28 |
| NAV (Rs.) | 29.74 | – | – |
#9. Kalahridhaan Trendz Comparison with Other Peer Companies (Top 2)
Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs) |
RoNW (%) | NAV (Rs.) |
| SPL Industries Limited | 29,836.57 | 12.72 | 64.64 |
| Kitex Garments Limited | 60,007.21 | 6.65 | 136.07 |
#10. Kalahridhaan Trendz Company Promoters
The company has two promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Niranjan Agarwal |
| 02. | Aditya Agarwal |
#11. Kalahridhaan Trendz Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 96.22 |
| Post-issue | 68.24 |
#12. Kalahridhaan Trendz IPO Reservation Details
Kalahridhaan Trendz IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| Retail Shares Offered | 50% of the Issue Offer |
| Other Shares Offered | 50% of the Issue Offer |
#13. Kalahridhaan Trendz IPO – Lot Size
An investor can apply for a minimum of 3000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 3000 | 135,000 |
| Retail (Max.) | 1 | 3000 | 135,000 |
| HNI (Min.) | 2 | 6,000 | 270,000 |
#14. Kalahridhaan Trendz IPO – Prospectus Copy
An investor can download/view the Kalahridhaan Trendz prospectus copy, which the company filed to exchange, details are as follows.
| Kalahridhaan Trendz IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Kalahridhaan Trendz IPO Registrar
Bigshare Services Private Limited
Phone No.: +91-22-62638200
E-Mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
#16. Kalahridhaan Trendz IPO Lead Manager
Interactive Financial Services Limited
Phone No.: +91-079-46019796
E-Mail: mbd@ifinservices.in
Website: www.ifinservices.in
#17. Kalahridhaan Trendz IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Kalahridhaan Trendz IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Kalahridhaan Trendz Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Kalahridhaan Trendz Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Kalahridhaan Trendz Company Details
Kalahridhaan Trendz Limited
Registered Office: 57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad 382405, Gujarat
Phone No: +91-6353302166
Email: cs@kalahridhaan.com
Website: www.kalahridhaan.com
Investor Grievances/Compliance Officer: Kushang Thakkar
#19. Kalahridhaan Trendz Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Kalahridhaan Trendz Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Niranjan Agarwal |
| 02. | Aditya Agarwal |
Kalahridhaan Trendz IPO – Frequently Asked Questions (FAQs)
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#1. What is a Kalahridhaan Trendz IPO? Kalahridhaan Trendz brings its IPO of Rs.22.49 Crore, on February 15, 2024, with a price band of Rs.45 per share. |
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#2. What is the Kalahridhaan Trendz IPO Open date? Kalahridhaan Trendz IPO’s opening date is February 15, 2024. |
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#3. What is the Kalahridhaan Trendz IPO Close Date? Kalahridhaan Trendz IPO’s closing date is February 20, 2024. |
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#4. What is the Kalahridhaan Trendz IPO Listing date? Kalahridhaan Trendz’s IPO listing date is February 23, 2024. |
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#5. What is the Kalahridhaan Trendz IPO Minimum investment amount? Kalahridhaan Trendz IPO’s minimum investment amount is Rs. 135,000. |
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#6. What is the Kalahridhaan Trendz IPO offer issue Size? Kalahridhaan Trendz offers an issue size of Rs.22.49 Crore. |
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#7. What is the Kalahridhaan Trendz IPO Price Band? Kalahridhaan Trendz’s IPO price band is Rs.45 per share. |
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#8. Is Kalahridhaan Trendz IPO mainboard IPO or SME IPO? Kalahridhaan Trendz IPO is a SME IPO. |
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