IPO SYNOPSIS

Kaka Industries Ltd
Registered Office:
No.67 Bhagwati Nagar Opp Nilka,-nth Arcade Opp Kathwada GIDC,
Ahmedabad - 382415,
Gujarat, India.
Initial public offer of upto 36,60,000* equity shares of face value of (₹) 10/- each (the "Equity Shares") of Kaka Industries Limited ("The Company" or "KIL" or "The Issuer") at an issue price of (₹) 58/- per equity share for cash, aggregating up to (₹) 21.23 crores ("Public Issue") out of which 1,92,000 equity shares of face value of (₹) 10 each, at an issue price of (₹) 58 per equity share for cash, aggregating (₹) 1.11 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 34,68,000 equity shares of face value of (₹) 10 each, at an issue price of (₹) 58 per equity share for cash, aggregating upto (₹) 20.12 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.79% and 25.39% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Jul-23
12-Jul-23
58.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
18.89
Hem Securities Ltd
Project Financed
21.23
 
Post Issue
13.66
 
Issue Price
58.00
 
Projects
To meet working capital requirements
Repayment and/or pre-payment in full or part, of certain borrowings availed by the company
General corporate purposes
Promoted By
Rajesh Dhirubhai Gondaliya
Bhavin Rajeshbhai Gondaliya
Rajeshkumar Dhirubhai Gondaliy
Listing At
BSE - SME
Registrar to the Issue
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