Kotyark Industries IPO Details

Kotyark Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

About Kotyark Industries

Kotyark Industries Ltd is primarily engaged in the manufacturing of BioFuel which is an alternative source of energy and has the ability to replace and a good substitute of traditional fossil fuels like coal, firewood, lignite, etc. The company is serving towards renewable green energy and sustainable development of renewable natural resources (Biofuels) through the adoption of environmentally friendly technology that favors the net reduction of greenhouse gas emissions for use in a vehicle for public and private transport as well as various equipment and Gen Sets.

Driven by experience in agriculture, innovation, and investment in Research & Development, as biofuel is a substitute for the traditional fossil fuels and with the indiscriminate exploitation of all fossil fuels, the Promoter sought to capitalize on the growing global demand for an alternate source of renewable energy and thus incorporated the company under the name Kotyark Industries Private Limited in the year 2016 for trading and manufacturing of Bio Fuel.

Important Details – Kotyark Industries

DateDetails
December 30, 2016The company was originally incorporated as “Kotyark Industries Private Limited”
July 24, 2021The company was converted into Public Limited Company and consequently name of the company was changed from “Kotyark Industries Private Limited” to “Kotyark Industries Limited”

Objects of the Issue

  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

Kotyark Industries Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,802.00 1,912.56 848.30
Total income 6,529.07 2,578.12 3,756.71
Total Expenses 6,389.86 2,510.10 3,682.45
Profit After Tax 104.43 48.57 57.77

Kotyark Industries IPO Price – Details

DetailsKOTYARK IPO details
Public IssueInitial Public Offer of up to 22,08,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1126.08 lakhs)
Issue Open  Date21-Oct-21
Issue Close Date25-Oct-21
Issue TypeFixed Price
IPO Price Band₹ 51
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolKOTYARK
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Kotyark Industries IPO DRHP & RHP

Kotyark Industries IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000 ₹ 1,02,000
Maximum12000 ₹ 1,02,000

Kotyark Industries IPO Lead Managers

  • Beeline Broking Limited

Kotyark Industries Registrar

Kotyark Industries IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on21-Oct-21
Bid / Offer Closes on25-Oct-21
Finalisation of Basis of Allotment[.]
Initiation of refunds  [.]
Credit of the Equity Shares [.]
Listing Date [.]

Company Peers – Comparison of Accounting Ratios

Currently the company is primarily engaged in the manufacturing of Bio Fuel which is an alternative source of energy and there is no comparable listed peer group company which are strictly comparable with respect to the industry and business segment

Company Registered Office

A-3, 2nd Floor, Shree Ganesh Nagar,
Housing Society,
Ramakaka Temple Road,
Chhani, Vadodara-391740,
Gujarat, India.
Website: www.kotyark.com

Company Promoters

  • Mr. Gaurang Rameshchandra Shah

Kotyark IPO – FAQS

What is the Kotyark IPO Price

The Kotyark IPO price band is 51 per share

When Kotyark Industries IPO will open?

The Kotyark Industries IPO opens on Oct 21, 2021 and closes on Oct 25, 2021

What is the lot size of Kotyark Industries IPO?

The Kotyark Industries IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Kotyark Industries IPO?

The Registrar for Kotyark Industries IPO is KFIN Technologies Private Limited

How to apply in Kotyark Industries IPO through UPI?

Check the step by step process here – Click here

How to apply in Kotyark IPO through Zerodha?

Check the step by step process here – Click here

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