About Kalyani Cast Tech Limited
Kalyani Cast Tech is launching its IPO. The opens for subscription on 8th November and will close on 10th November 2023.
Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on listing.
What does Kalyani Cast Tech do?
Incorporated in 2012, Kalyani Cast Tech is a cargo container manufacturing Company, that manufactures a wide product range of castings, including finished components, and is a specialist in various types of cargo containers such as ISO containers 20’, 25’, 40’, 42’, and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo, and containers for two & three wheelers.
The company has a class A foundry and manufactures products such as MG Coupler Components, CI Brake Blocks, Adapter for WDG4 Loco, Bearing housing for electrical loco, Corner casting for Containers motor hub traction motors, etc.
They cater to a diverse client base such as Indian railways, companies engaged in the Mining Industry, Cement Industry, chemicals and fertilizer, and power plants.
While catering to railways, the company saw an opportunity in the year 2018 and started an additional line of business of manufacturing Containers. These containers were used by the railway transporters to transport goods via the rail network in India.
Schedule of Kalyani Cast Tech Limited IPO
| Issue Period | 8th November to 10th November 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | November 16, 2023 |
| Initiation of Refunds | November 17, 2023 |
| Credit of Shares | November 20, 2023 |
| Date of Listing | November 21, 2023 |
| Mandate end date | November 25, 2023 |
| Anchor Investors Lock-In End Date | December 10, 2023 |
How to apply to the Kalyani Cast Tech Limited IPO?
You can apply for the Kalyani Cast Tech Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Kalyani Cast Tech Limited IPO?
You can check the allotment status for the Kalyani Cast Tech Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.