Kalana Ispat Limited IPO
Kalana Ispat Limited was a SME IPO in the Iron & Steel Products sector, offered at ₹66–₹66 per share to raise ₹33 crore. It listed on 26 Sep 2024 at ₹45 and closed its first day at ₹47, a listing loss of -28.2% versus the ₹66 issue price. It now trades around ₹18 (-73.4% versus the issue price).
Frequently asked questions
- What were the Kalana Ispat Limited IPO listing gains?
- Kalana Ispat Limited listed on 26 Sep 2024 at ₹45, closing its first day at ₹47 — a listing loss of -28.2% versus the ₹66 issue price.
- What was the price band and lot size of the Kalana Ispat Limited IPO?
- The price band was ₹66–₹66 per share, with a minimum lot of 2,000 shares (₹1,32,000 at the upper band).
- Who were the registrar and lead manager for the Kalana Ispat Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Jawa Capital Services was the book-running lead manager.