Kataria Industries Limited IPO

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The company, established in 2004, specializes in the manufacturing and supply of Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors. These products serve a diverse range of sectors, including infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, and power transmission and distribution lines.

Global Reach

From FY 2020-21 to FY 2022-23 and the nine-month period from April 2023 to December 2023, they have expanded their market presence, selling their products in India and several international markets, including Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.

Strategic Divestments and Acquisitions

To focus on their core business, they transferred their Plastic and Wind Mill Divisions in 2013 to Kataria Plastics Private Limited and Shree Hanuman Mining Corporation Private Limited, respectively, following a Scheme of Arrangement and Demerger approved by the Madhya Pradesh High Court.

In 2022-23, they acquired a 0.80 MW wind farm in Karnawad, Dewas, Madhya Pradesh, for captive electricity consumption at their Ratlam plant. This acquisition was formalized through a Supplementary Power Purchase and Wheeling Agreement executed on October 18, 2022.

Diversification into Real Estate

To diversify their income streams, they have invested in real estate, generating steady income through property rentals. In 2023, they acquired two commercial properties in Surat and Vadodara, Gujarat, further enhancing their asset portfolio.

Conclusion

Their company stands as a robust and dynamic player in the manufacturing and supply of critical construction and infrastructure materials. With a strong commitment to quality, technological advancement, and strategic growth, they are well-positioned for continued success and expansion in both domestic and international markets.

Objects of the Kataria Industries Limited IPO:

The company proposes to utilize the Net Proceeds from the issue towards the following objects i. Capital Expenditure for plant and machineries; ii. Repayment of Debt iii. General corporate purposes

Kataria Industries Limited IPO Details:

Open Date: Jul 16 2024
Close Date: Jul 19 2024
Total Shares: 5,685,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 54.58 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 91 - 96 Per Equity Share
Listing At: NSE Emerge
Listing Date: Jul 24 2024

Promoters And Management:

Arun Kataria, 42, is the Promoter and Managing Director of the company since May 2004. He holds a Commerce degree and has completed M.Com. Part-I from Vikram University, Ujjain. With over 19 years of experience, he specializes in financial management, marketing, exports, and strategic planning. He oversees domestic and international markets, production automation, quality control, and overall business operations. Anoop Kataria, 36, is the Promoter, Whole-Time Director, and CFO of the company. He completed his B.Com from the University of Wollongong, Dubai Branch. From 2015 to 2023, he served as a director in over 10 companies. With expertise in finance, accounting, marketing, investment, and strategy, he guides the preparation of the annual operating plan and implements the business strategy as decided by the board. He supervises the accounts, advises on resource utilization, keeps the board informed about the company's financial position, and ensures legal and statutory compliance while overseeing marketing aspects. Sunil Kataria, 57, is the Promoter and Non-Executive Director of the company. He holds a Master's in Commerce from Vikram University, Ujjain, completed in 1990. From May 2004 to April 2011, he served as Managing Director of Kataria Industries Private Limited, overseeing financial management, investor relations, and operations. Over the past two decades, he has been a director or designated partner in eight companies/LLPs. His extensive management experience ensures better compliance for the company.

Financials of Kataria Industries Limited IPO:

To be updated shortly.

Comparison With Peers:

To be updated shortly.

Recommendation on Kataria Industries Limited IPO:

To be updated shortly.

Lead Manager of Kataria Industries Limited IPO:

  1. Interactive Financial Services

Registrar of Kataria Industries Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Kataria Industries Limited 34-38 and 44, Industrial Area Ratlam-457001 Phone: 07412 299407 Email: info@katariagroup.co.in Website: https://www.katariaindustries.co.in/

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