KCK Industries Limited is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns. The yarns are used for apparel, undergarments, Terry Towels, Denims, Medical Fabrics, Furnishing Fabrics and Industrial Fabrics.
The company’s products portfolio in chemicals and dyes includes Combed yarn and Carded yarn, Easy Care Finishing, Softener, Pigment printing,Softener, ntifoaming/Deaerating and basic chemicals.
KCK Industries Limited also has a processing plant for non-basmati and basmati rice. The company has a strong network of wholesalers, semi wholesalers and retailers.
Competitive Strengths:
- Diversified Product Portfolio
- Focus on Quality and Innovation
- Experienced Promoters and a well trained employee base
- Quality Assurance
- Cordial relations with our customers and Suppliers
- Improving functional efficiency
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-19 | 1725.87 | 4094.71 | 20.71 |
| 31-Mar-20 | 2148.61 | 5150.73 | 31.91 |
| 31-Mar-21 | 3093.25 | 3913.02 | 19.25 |
| 31-Dec-21 | 3665.75 | 4453.72 | 99.95 |
| Amount in ₹ Lakhs |
Objects of the Issue
The objects of the Issue are:
- To part finance the requirement of Working Capital.
- To meet General corporate purposes.
- To meet the expenses of the Issue.
KCK Industries IPO Details
| KCK Industries IPO Date | Jun 27, 2022 to Jun 30, 2022 |
| KCK Industries IPO Face Value | ₹10 per share |
| KCK Industries IPO Price | ₹30 per share |
| KCK Industries IPO Lot Size | 4000 Shares |
| Issue Size | 1,500,000 shares of ₹10 (aggregating up to ₹4.50 Cr) |
| Fresh Issue | 1,500,000 shares of ₹10 (aggregating up to ₹4.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Jagdish Prasad Arya and Mrs Reena Sharma are the company promoters. |
KCK Industries IPO Timeline
KCK Industries IPO opens on Jun 27, 2022, and closes on Jun 30, 2022. The KCK Industries IPO bid date is from Jun 27, 2022 10.00 A.M. to Jun 30, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| KCK Industries IPO Opening Date | Jun 27, 2022 |
| KCK Industries IPO Closing Date | Jun 30, 2022 |
| Basis of Allotment | Jul 5, 2022 |
| Initiation of Refunds | Jul 6, 2022 |
| Credit of Shares to Demat | Jul 7, 2022 |
| KCK Industries IPO Listing Date | Jul 8, 2022 |
KCK Industries IPO Lot Size
The KCK Industries IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
KCK Industries IPO Promoter Holding
| Pre Issue Share Holding | 77.91% |
| Post Issue Share Holding | 56.66% |
KCK Industries IPO Review
After posting inconsistent performances for the previous three fiscals, KIL reported super profits for 9M-FY22 that raises eyebrows as well as concern for sustainability. The company is purely in the trading activities that always have pressure on margin, being a highly competitive and fragmented segment. Based on super earnings, the issue is fully priced. Considering all these, risk seeker/cash surplus investors may consider an investment with a long-term perspective. Read detail review…
KCK Industries IPO Subscription Status (Bidding Detail)
The KCK Industries IPO is subscribed 0.01 times on Jun 27, 2022 10:48:00 AM. The public issue subscribed 0.03 times in the retail category, times in the QIB category, and 0.00 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) |
|---|---|
| NII | 0.00 |
| Retail | 0.03 |
| Total | 0.01 |
KCK Industries IPO Prospectus
Company Contact Information
KCK Industries Limited
Plot No 484b,
Village Daria Khatauni No 95
Khasra 9/7 Chandigarh 160101
Phone: 0172-5086885
Email: info@kcksales.co.in
Website: https://kckindustriesltd.com/
KCK Industries IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://online.cameoindia.com/