Incorporated in 2019, Kaka Industries Limited manufactures polymer-based profiles for application in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets & other interior and exterior works.
The company’s product portfolio has over 1200 SKUs covering PVC Profile, uPVC door & window profile, WPC Profile & sheets in various sizes, specifications, and colors. It is also engaged in the fabrication of factory-made PVC & Solid PVC doors. Except for WPC (Wood-polymer composite) profile and doors, all the products are non-wood based, which substitutes wood products and results in the saving of trees.
Kaka Industries has three manufacturing units in village Zak, Gandhinagar district, Gujarat, which has a combined installed capacity of 15,425 MT for manufacturing PVC profile, 2,995 MT for WPC profile & sheet, 2,022 MT for uPVC door & window profile. It also has a well-equipped laboratory, modern technology, and testing equipment with supporting environment and facilities, to ensure that the products conform with the desired quality.
The company’s distribution network comprises 3 depots situated in Gagilapur (Telangana), Dadri (Uttar Pradesh), and Surat (Gujarat).
Kaka Industries IPO Details
| IPO Date | Jul 10, 2023 to Jul 12, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹55 to ₹58 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,660,000 shares (aggregating up to ₹21.23 Cr) |
| Fresh Issue | 3,660,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 10,000,000 |
| Share holding post issue | 13,660,000 |
| Market Maker portion | 192,000 shares Hem Finlease |
Kaka Industries IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 192,000 (5.25%) |
| QIB Shares Offered | 1,732,000 (47.32%) |
| NII (HNI) Shares Offered | 522,000 (14.26%) |
| Retail Shares Offered | 1,214,000 (33.17%) |
| Total Shares Offered | 3,660,000 (100%) |
Kaka Industries IPO Timetable
Kaka Industries IPO opens on Jul 10, 2023, and closes on Jul 12, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 10 July 2023 |
| Closing Date | Wednesday, 12 July 2023 |
| Basis of Allotment | Monday, 17 July 2023 |
| Initiation of Refunds | Tuesday, 18 July 2023 |
| Credit of Shares to Demat | Wednesday, 19 July 2023 |
| Listing Date | Thursday, 20 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 12, 2023 |
Kaka Industries IPO Lot Size
The Kaka Industries IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹116,000 |
| Retail (Max) | 1 | 2000 | ₹116,000 |
| HNI (Min) | 2 | 4,000 | ₹232,000 |
| Lot Size Calculator |
Kaka Industries IPO Promoter Holding
Rajesh Dhirubhai Gondaliya, Bhavin Rajeshbhai Gondaliya, and Rajeshkumar Dhirubhai Gondaliya (HUF) are the company promoters.
| Pre Issue Share Holding | 95.32% |
| Post Issue Share Holding | 69.78% |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,190.68 | 4,148.74 | 141.14 | 142.14 | 141.14 | 830.50 |
| 31-Mar-21 | 3,568.02 | 7,879.00 | 302.51 | 743.65 | 493.65 | 1,999.00 |
| 31-Mar-22 | 4,614.76 | 11,709.98 | 497.66 | 1,241.31 | 991.31 | 2,735.55 |
| 31-Mar-23 | 6,767.00 | 15,887.70 | 718.50 | 1,956.88 | 956.88 | 4,013.66 |
| Amount in ₹ Lakhs |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 11.03 |
| Market Cap (₹ Cr.) | 79.23 |
| ROE | 44.93% |
| ROCE | 20.83% |
| Debt/Equity | 2.05 |
| EPS (Rs) | 7.19 |
| RoNW | 36.72% |
Check Kaka Industries IPO Peer Comparison here.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- To meet Working Capital requirements,
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company,
- General corporate purpose, and
- To meet issue expenses.
Kaka Industries IPO Review (May apply)
[Dilip Davda] The company operates in a highly competitive and fragmented segment. Based on its financial performance so far, the issue appears reasonably priced. Well-informed investors may park funds for medium to long-term rewards. Read detail review…
Kaka Industries IPO Prospectus
Company Contact Information
Kaka Industries Limited
Plot No. 67, Bhagwati Nagar,
Opp Nilkanth Arcade, Opp. Kathwada GIDC,
Kuha-Kanbha Road Ahmedabad -382415
Phone: +91-80004-46524
Email: investors@kakaprofile.com
Website: https://kakaprofile.com/
Kaka Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/