Kalana Ispat Ltd.
NNSE:KALANA17.85
INR
+0.50
(+2.88%)
ISIN
INE0T0L01014
Return %
Stock
S&P 500
1Y
-39.80
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Varghese Joseph Pottakerry
- Full Time Employees
- 15
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Ahmedabad India
- IPO Date
- Sep 26, 2024
- Website
- kalanaispat.com
- Similar Companies
- Business
- Kalana Ispat Limited is an India-based metal manufacturing and trading enterprise primarily engaged in the production of mild steel (M.S.) ingots, alloy steel castings, and billets, alongside the commercial trading of scrap metals and structural steel products. The company operates through two core business divisions: Manufacturing and Trading. Its core product and service offerings comprise mild steel ingots engineered for structural steel and rebar rolling mills; customized alloy steel castings manufactured in various grades, sizes, and technical specifications for heavy engineering, automotive, and industrial machinery applications; iron and steel scrap sourcing and distribution, including heavy melting scrap and shredded scrap; sponge iron and pig iron for secondary steelmaking; thermo-mechanically treated (TMT) steel bars for building and construction projects; and flat steel products including hot-rolled (HR) and cold-rolled (CR) coils and sheets. Kalana Ispat serves a diverse business-to-business customer base encompassing rolling mills, infrastructure developers, forging units, and engineering fabricators across regional and national markets in India, with primary manufacturing operations located in Gujarat. Established in 2012 as Kalana Ispat Private Limited, the company is headquartered in Ahmedabad, Gujarat, India. In recent corporate developments, the company completed a corporate reorganization to convert from a private entity into a public limited company, followed by the successful launch and listing of its initial public offering (IPO) on the NSE Emerge platform of the National Stock Exchange of India in September 2024. Proceeds from the offering have been deployed to augment working capital reserves, support general corporate expansion, and fund sustainability-driven capital investments, including the installation of on-site solar power infrastructure to reduce energy expenditure and enhance operational cost efficiencies.