Kaka Industries IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jul 12, 2023Let’s have a detailed review of the company and analytics of the Kaka Industries IPO release date, IPO offer price, subscription, Kaka Industries Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 55 to Rs 58 |
| Listing At | BSE, SME |
| Min. Order Quantity | 2000 Shares |
| Listing Date | 20 July 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs 2,123 Lakh |
| Tick Size | 1 |
Kaka Industries IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Kaka Industries Share Price |
Kaka Industries IPO – Summary
They are a PVC profile brand, focused primarily on the manufacturing of polymer-based profiles which finds application in doors, windows, partitions, false ceilings, wall panelling, kitchen cabinets & other interior and exterior works.
Their product portfolio has over 1200 SKUs covering PVC Profile, uPVC door & window profile, WPC Profile & sheet in various sizes, specifications and colours. They are also engaged in the fabrication of factory-made PVC & Solid PVC doors.
The Promoter of this company is Rajesh Dhirubhai Gondaliya, Bhavin Rajeshbhai Gondaliya and Rajeshkumar Dhirubhai Gondaliya (HUF). The lead manager of the issue is HEM SECURITIES LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Kaka Industries IPO Date
The opening and closing dates of Kaka Industries IPO are 10 July 2023 and 11 July 2023 respectively.
Kaka Industries IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – 10th Jul | 0.06x | 11.22x | 33.67x | 19.25x |
| 2nd Day – 11th Jul | 5.74x | 54.46x | 133.65x | 80.11x |
| 3rd Day – 12th Jul | 72.13x | 431.76x | 356.88x | 291.64x |
| Shares Offered or Net Issue | 694,000 | 522,000 | 1,214,000 | 2,622,000 |
The shares subscribed by the public will be updated here.
Kaka Industries IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Kaka Industries Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | 17 July 2023 |
| Refunds Initiation | 18 July 2023 |
| Credit of Shares to Demat Account | 19 July 2023 |
| Share Listing Date | 20 July 2023 |
Kaka Industries IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs 55 to Rs 58
Kaka Industries IPO Equity Size
This Initial Public Issue of 36,60,000 Equity Shares of Rs.10 each for cash at a price of Rs 55 to Rs 58 per equity share aggregating to Rs.2,123 Lakh.
Kaka Industries IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 36,60,000 Equity Shares of Rs.10/ each.
Issue Size: 36,60,000 Equity Shares of Rs.10 each, aggregating to Rs.2,123 Lakh
Open Free Demat Account Now!
Kaka Industries IPO – Live Performance
The listing date of this IPO is 20 July 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Kaka Industries Share Price |
Kaka Industries IPO Grey Market Premium
The Kaka Industries Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Kaka Industries IPO – Company Overview
They market their products through an extensive network of 300 dealers spread across over 20 States and Union Territories of India. As of the date of this Red Herring Prospectus, their distribution network comprises 3 depots situated in Gagilapur (Telangana), Dadri (Uttar Pradesh) and Surat (Gujarat).
They have brands in the name of Kaka, Poly Plast, Jinwin, Nice Plast and Barbarika under which they sell their products. For the Fiscal 2023, they derived a major portion of their revenue from the state of Gujarat (i.e. 63.73%), followed by Telangana (8.67%), Maharashtra (7.49%), Karnataka (4.61%) and the remaining 15.50% were from other 19 states & union territories.
They are also empanelled as “Approved Vendors” in two of the Government Organizations namely, Gujarat State Police Housing Nigam Limited and Military Engineer Services (Lucknow & Ahmedabad).
Kaka Industries IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets | 6,767.00 | 4,614.76 | 3,568.02 |
| *Total Revenue | 15,887.70 | 11,709.98 | 7,879.00 |
| Total Expense | 14,883.73 | 11,043.53 | 7,462.43 |
| Profit After Tax | 718.50 | 497.66 | 302.51 |
Earnings per Equity Share (in Lakh)
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 7.19 | 4.98 | 4.59 |
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 718.50 Lakh, Rs. 497.66 Lakh and Rs. 302.51 Lakh respectively.
Kaka Industries IPO – Promoters
The Promoter of this company is:
- Rajesh Dhirubhai Gondaliya,
- Bhavin Rajeshbhai Gondaliya
- Rajeshkumar Dhirubhai Gondaliya (HUF)
List of Related Parties (Key Managerial Personnel)
- Rajesh Dhirubhai Gondaliya, Chairman & Managing Director
- Bhavin Rajeshbhai Gondaliya, Whole-time Director
- Prabhaben Rajeshbhai Gondaliya, Non-Executive Director
- Jaimish Govindbhai Patel, Independent Director
- Niraj Davariya, Independent Director
Kaka Industries IPO – Promoters Holding
- Pre-Issue Share Holding – 95.32%
- Post-Issue Share Holding – 69.78%
Kaka Industries IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 36,60,000 Equity Shares aggregating up to Rs.2,123 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,92,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to 34,68,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 12,14,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 5,22,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 1,00,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | 1,36,60,000 Equity Shares |
Kaka Industries IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- To meet Working Capital requirements
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by their Company
- General Corporate Purpose
Kaka Industries IPO – Business Strategy
- Strengthen their brand image
- Setup of a new integrated manufacturing facility
- Expand their domestic presence in existing and new markets
- Focus on consistently meeting quality standards
- Maintaining cordial relationships with their Suppliers, Customer and employees
Kaka Industries IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- The extensive network of dealers covering major parts of India;
- Wide Range of Products;
- Stringent quality control mechanism ensuring standardized product quality;
- In-house Manufacturing capabilities;
- Synergy of the young and experienced management team with a committed employee base.
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 | 7.19 | 36.72% | 19.57 |
| 31-Mar-22 | 4.98 | 40.09% | 12.41 |
| Mar-21 | 4.59 | 40.68% | 11.28 |
Kaka Industries IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Kaka Industries Limited | 10 | [●] | 7.19 | 36.72% | 15,887.70 |
| Listed Peers | |||||
| Dhabriya Polywood Limited | 10 | 22.26 | 7.84 | 12.33% | 17,146.97 |
| Sintex Plastics Technology Limited | 1 | – | (8.88) | (251.50%) | 315.00 |
Kaka Industries IPO Lead Managers
| Lead Managers |
| HEM SECURITIES LIMITED 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991 Email: ib@hemsecurities.com Investor Grievance Email: redressal@hemsecurities.com Website: www.hemsecurities.com Contact Person: Mr. Akun Goyal SEBI Regn. No. INM000010981 |
Kaka Industries IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093, India. Tel No.: +91 22 6263 8200 Facsimile: +91 22 6263 8299 Email: ipo@bigshareonline.com Contact Person: Mr. Vinayak Morbale Website: www.bigshareonline.com SEBI Registration Number: INR000001385 |
Kaka Industries IPO – Other Details
- Statutory Auditor – M/s. Dinesh R Thakkar & Co.
- Legal Counsel to the Company – Vedanta Law Chambers
- Bankers to the Company – State Bank of India
Kaka Industries IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Subscribe to Kaka Industries IPO
Kaka Industries Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Kaka Industries IPO Review FAQs
Check out various FAQs related to Kaka Industries IPO:
What is the Issue Size of Kaka Industries IPO?
The Company is making an initial public offer of 3,660,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Kaka Industries IPO?
The price band for this particular IPO ranges between Rs 55 to Rs 58. As far as the face value of the share is of concern, it is Rs. 10 per share.
What is the Kaka Industries IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on 10 July 2023, while the closing date is set at 12 July 2023.
What is the Kaka Industries IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 17 July 2023, refund initiation is on 18 July 2023, credit of shares is on 19 July 2023, and share listing date is on 20 July 2023.
What is the Kaka Industries IPO Listing Date?
Shares of this company shall be listed in the exchanges on 20 July 2023. The date, when the listing would be done, is stagnant on 20 July 2023.
Who is the Registrar of Kaka Industries IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. BIGSHARE SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Kaka Industries IPO?
Here are the promoters of this IPO – Rajesh Dhirubhai Gondaliya, Bhavin Rajeshbhai Gondaliya and Rajeshkumar Dhirubhai Gondaliya (HUF). You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Kaka Industries IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Kaka Industries IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Kaka Industries Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 718.50, 2022 is 497.66, and 2021 is 302.51.
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Featured Topics