| IPO date | 15 Feb 2024 – 20 Feb 2024 |
| Listing date | 23 Feb 2024 |
| Price range | 45 – 45 |
| Minimum order quantity | 3000 | (D)RHP | View |
Kalahridhaan Trendz Limited is launching its IPO. The IPO opens for subscription on 15th February 2024 and will close on 20th February 2024.
Disclaimer: This stock will trade with a lot size of 3000 shares in the SME segment on listing.
What does Kalahridhaan Trendz Limited do?
Incorporated in 2016, Kalahridhaan Trendz Limited is primarily engaged in the business of manufacturing and trading Fabric with embroidery works, Trading grey cloths, purchasing grey cloth, and printing and dyeing for preparing suiting, shirting, and dress materials for sale in the B2B market. They are first-stage wholesalers, who directly supply the material to the wholesalers.
Their main business activities can be mainly divided into two segments:
- Embroidery Knitting activities
- Cloths dying and Printing activities
Schedule/Timeline of Kalahridhaan Trendz Limited IPO
| Issue Period | 15th February to 20th February 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | February 21, 2024 |
| Initiation of Refunds | February 22, 2024 |
| Credit of Shares | February 22, 2024 |
| Date of Listing | February 23, 2024 |
| Mandate end date | March 06, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | March 22, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | May 21, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Kalahridhaan Trendz Limited IPO?
You can apply for the Kalahridhaan Trendz 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 the Kalahridhaan Trendz Limited IPO?
You can check the allotment status for the Kalahridhaan Trendz Limited IPO on the website of the Registrar and Transfer agent.