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The company’s primary business is the production of Bio Fuel, which is an alternative source of energy that can replace and is a good substitute for traditional fossil fuels such as coal, firewood, lignite, and so on. Its technique promotes net reductions in greenhouse gas emissions when used in vehicles for public and private transportation, as well as other equipment and generator sets.
Initially, the firm engaged in whole-sale trading of Bio-Fuels, in which it acquired Bio-Fuel from another group company and other parties and sold it to clients. Kotyark Industries, on the other hand, was able to establish a production site in Sirohi District, Rajasthan, in 2019 and diversify its product line. In respect of effluents, the corporation maintains a Zero Discharge policy.
The firm is a Biodiesel authorised manufacturer and has got a Letter of Intent from the Biofuel Authority, Rural Development, Panchayat Raj Department, Government of Rajasthan, and approval from the Government of Rajasthan to set up a Mobile Retail Shop for the selling of Bio-Diesel. It has Mobile Retail Outlet (MRO) agreements with a variety of companies for retail sale or supply at its mobile retail locations.
Subscription Dates | 21 – 25 October 2021 |
Price Band | INR51 per share |
Fresh issue | 2,208,000 shares (INR11.26 crore) |
Offer For Sale | Nil |
Total IPO size | 2,208,000 shares (INR11.26 crore) |
Minimum bid (lot size) | 2,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge SME platform |
| FY2019 | FY2020 | FY2021 | 4M FY2022 |
Revenue | 3,756.7 | 2,578.1 | 6,529.1 | 2,810.6 |
Expenses | 3,682.5 | 2,510.1 | 6,389.9 | 2,738.3 |
Net income | 57.8 | 48.6 | 104.4 | 51.7 |
Earnings Per Share (EPS): INR3.61
Price/Earnings (PE ratio): 14.31
Return on Net Worth (RONW): 32.79%
Net Asset Value (NAV): INR11.02 per share
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain/Loss(%) |
Kotyark Industries Limited IPO | Nov 02, 2021 | 51 | 48.45 | -5 |
NSE : KOTYARK
ISIN CODE : INE0J0B01017
BSE : NA
Dilip Davda – May apply
IPO Opening Date: 21 October 2021
IPO Closing Date: 25 October 2021
Finalisation of Basis of Allotment: 29 October 2021
Initiation of refunds: 30 October 2021
Transfer of shares to demat accounts: 2 November 2021
Listing Date: 2 November 2021
Opening Price on NSE: INR51 per share (no change from IPO price)
Closing Price on NSE: Coming soon
Kotyark Industries Limited
A-3, 2nd Floor, Shree Ganesh Nagar, Housing Society,
Ramakaka Temple Road, Chhani, Vadodara-391740
Phone: +91 0265-2760345
Email: info@kotyark.com
Website: www.kotyark.com
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Non-retail | Retail | Total |
Shares Offered | 11,60,000 | 10,48,000 | 22,08,000 |
Day 1 | 1.94 | 1.64 | 1.80 |
Day 2 | 2.08 | 3.59 | 2.80 |
Day 3 | 3.25 | 10.70 | 6.79 |
Kotyark Industries Limited IPO is a SME IPO of ₹51 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 2,208,000 Eq Shares of ₹10 (aggregating up to ₹11.26 Crore). The initial public offering (IPO) begins on Oct 21, 2021 and ends on Oct 25, 2021. The minimum order quantity is 2000 Shares and Market Lot size is 2000 shares.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE, SME.
The Kotyark Industries Limited IPO opening date is Oct 21, 2021 and closing date is Oct 25, 2021.
Kotyark Industries Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
Kotyark Industries Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Kotyark Industries Limited IPO will be done on[.], 2021 and the allotted shares will be credited to your demat account by [.]2021. Check the Kotyark Industries Limited IPO allotment status.
The Kotyark Industries Limited IPO listing date is Tuesday, 2 Nov, 2021.
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