Kalyani Cast Tech Limited

LISTED

SME IPO · IPO Guide

Issue Price
₹137 – ₹139
Listed On
17 Nov 2023
Listing Price
₹264.10 (+90.00%)
Current Price LIVE
₹264.10 (+90.00%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 1,000 ₹1,39,000
Retail (Max) 2 2,000 ₹2,78,000
S-HNI (Min) 3 3,000 ₹4,17,000
S-HNI (Max) 7 7,000 ₹9,73,000
B-HNI (Min) 8 8,000 ₹11,12,000

As per financials, Kalyani Cast Tech Limited has shown good results, RoNW is 56.45% and P/E is respectively 85.09, 12.42 and 8.50 as per FY22, FY23 and annualised FY24 earnings. So, issue looks fairly priced. But, sudden rise in net-profit is very surprising and it may be difficult to maintain similar margins. Company is in business of cargo container manufacturing, which is highly fragmented and competitive segment. Performance of BRLM is good. So we are giving NEUTRAL rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

1 Comments
  • M
    maheshwari prasad 13 Nov 2023, 19:31
    0/1

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