Kataria Industries Limited is the embodiment of strength and resilience for wires and strands. Their new identity sets us apart in the marketplace, reflecting an unwavering attitude rooted in tenacity, conviction, and cutting-edge technology.

Kataria Industries IPO, a Book Built issue amounting to ₹54.57 crores, consisting entirely a Fresh Issue of 56.85 lakh Shares. The subscription period for the Kataria Industries IPO opens on July 16, 2024, and closes on July 19, 2024. The allotment is expected to be finalized on or about Monday, July 22, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, July 24, 2024.

The Share price band of Kataria Industries IPO is set at ₹91 to ₹96 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹115,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹230,400.

INTERACTIVE FINANCIAL SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. 

Kataria Industries Limited IPO GMP Today
The Grey Market Premium of Kataria Industries Limited IPO is expected in the range of ₹ 25 to ₹30 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Kataria Industries Limited IPO Live Subscription Status Today
As of 08:13 AM on 18 July 2024, the Kataria Industries Limited IPO live subscription status shows that the IPO subscribed 3.56 times on day 2 . Check the Kataria Industries Limited IPO Live Subscription Status Today at NSE.

Kataria Industries Limited IPO Allotment Status
Kataria Industries IPO allotment date is 22 July, 2024, Monday. Kataria Industries IPO Allotment will be out on 22nd July 2024 and will be live on Registrar Website from the allotment date. Check Kataria Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Kataria Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Kataria Industries Limited IPO
Kataria Industries Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹175.00 Lakhs is required for Capital Expenditure for purchase of machineries. 
2. ₹4600.00 Lakhs is required for Repayment of Debt 
3. General Corporate Purpose
4. Meeting Public Issue Expenses.

Refer to Kataria Industries Limited RHP for more details about the Company.

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About Kataria Industries Limited

Kataria Industries Limited are engaged in the manufacturing and supply of Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head and Wedges), HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers and Aluminium Conductors. Their wide variety of products are utilized in various sectors including Infrastructure, Roads – Bridges & Flyovers, Metros, Railways, High Rise Buildings, Atomic Reactors, LNG Tanks, Power Transmission & Distribution Lines etc. They have two manufacturing plants, both are situated at Ratlam, Madhya Pradesh. Their plants are well equipped with essential machinery, infrastructure, and an in-house testing facility, which ensures that our product conforms to the requisite standards.

In the F.Y. 2019-20, they expanded their wire division capacity to 19,830 MT from the existing capacity of 7,830 MT. Subsequently, in the F.Y. 2021-22, we had further expanded capacity to 38,000 MT. In the F.Y. 2021-22, we commenced production of Post-tensioning Anchorage and SWC Sheathing Duct & Coupler which are used alongwith LRPC steel strands. 

Their annual combined capacity of both the plants is presented here below : 
• Wire Division (LRPC strands and steel wires): 38,000 metric tons (MT) 
• PTS Division: 
   o Anchor Head, Wedges and Couplers: 7,92,000 units 
   o HDPE SWC Duct Pipe: 9,00,000 metres (MTR) 
• Conductor Division: 9,000 metric tons (MT)

During the last three F.Y. 2020-21 to F.Y. 2023-24 they have sold their products in India and several other countries across the globe which includes Dubai, Qatar, Nepal, Iran, Oman, Bahrain and Brazil.

The Company was incorporated in 2004 with an object to engage in the manufacturing and supply of all kinds of ingots, including those made of iron, steel, copper, bronze, aluminum and other ferrous and non-ferrous materials, as well as drawing of wires, pipes and tubes made from them, along with various plastic products. 

In the year 2022-23, they have purchased a wind farm of 0.80 MW located at Karnawad (Village), Bagli (Tehsil), in Dewas, Madhya Pradesh for captive consumption of electricity at their manufacturing plant in Ratlam, Madhya Pradesh vide in terms of Supplementary Power Purchase and Wheeling Agreement (PPWA) executed on 18 October, 2022.

INDIAN INFRASTRUCTURE INDUSTRY
India’s high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress.
Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. Prime Minister Mr. Narendra Modi also recently reiterated that infrastructure is a crucial pillar to ensure good governance across sectors.
The government’s focus on building infrastructure of the future has been evident given the slew of initiatives launched recently. The US$ 1.3 trillion national master plan for infrastructure, Gati Shakti, has been a forerunner to bring about systemic and effective reforms in the sector, and has already shown a significant headway.
Infrastructure support to nation’s manufacturers also remains one of the top agendas as it will significantly transform goods and exports movement making freight delivery effective and economical. The "Smart Cities Mission" and "Housing for All" programmes have benefited from these initiatives. Saudi Arabia seeks to spend up to US$ 100 billion in India in energy, petrochemicals, refinery, infrastructure, agriculture, minerals, and mining.

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. In other words, the infrastructure sector acts as a catalyst for India’s economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure, and construction development projects.

To meet India’s aim of reaching a US$ 5 trillion economy by 2025, infrastructure development is the need of the hour. The government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme to augment the growth of infrastructure sector. Historically, more than 80% of the country's infrastructure spending has gone toward funding for transportation, electricity, and water& irrigation. While these sectors still remain the key focus, the government has also started to focus on other sectors as India's environment and demographics are evolving. There is a compelling need for enhanced and improved delivery across the whole infrastructure spectrum, from housing provision to water and sanitation services to digital and transportation demands, which will assure economic growth, increase quality of life, and boost sectoral competitiveness.

The Indian Union Budget 2023-24 has allocated a 33% increase in capital investment for infrastructure, reaching Rs. 10 lakh crore (US$ 122 billion), or 3.3% of GDP. The Railways received a record Rs. 2.40 lakh crore (US$ 29 billion), nine times the 2013-14 outlay. The National Infrastructure Pipeline (NIP) has expanded to 9,142 projects across 34 sub-sectors, with 2,476 projects under development, primarily in transportation. Indian Railways anticipates traffic revenue of Rs. 2,64,600 crore (US$ 32.17 billion) for FY24. India's logistics market is projected to grow from US$ 410.75 billion in 2022 to US$ 556.97 billion by 2027. Airport infrastructure investment is set at Rs. 98,000 crore (US$ 11.8 billion) over five years. India's metro network, the fifth largest globally, aims to become the third largest. The country plans US$ 1.4 trillion in infrastructure investment over the next five years. Key housing initiatives under PMAY-Urban show significant progress with millions of houses sanctioned and completed. India's urban freight demand is expected to surge by 140%, and the logistics market is projected to reach US$ 320 billion by 2025. Overall infrastructure capex is forecast to grow at a CAGR of 11.4% from 2021-26.

INDIAN POWER INDUSTRY
Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The fundamental principle of India’s power industry has been to provide universal access to affordable power in a sustainable way. The Ministry of Power has made significant efforts over the past few years to turn the country from one with a power shortage to one with a surplus by establishing a single national grid, fortifying the distribution network, and achieving universal household electrification.
India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power, to viable non-conventional sources such as wind, solar, agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. 
India was ranked fourth in wind power capacity and solar power capacity and fourth in renewable power installed capacity, as of 2021. India is the only country among the G20 nations that is on track to achieve the targets under the Paris Agreement.

As of November 30, 2023, India is the third-largest producer and consumer of electricity, with an installed power capacity of 426.13 GW. Renewable energy, including hydro, accounts for 179.57 GW (42.1%). Solar energy leads with 72.31 GW, followed by wind (44.56 GW), hydropower (46.88 GW), and others. FY23 saw a record power generation growth of 8.87%, reaching 1,624.15 billion kWh. Peak power demand hit 243.27 GW in November 2023. Coal plants' PLF improved to 73.7% in the first nine months of FY23. Thermal power load is expected to rise by 63% in FY24 due to strong demand and limited capacity addition.

Between 2020 and 2029, India aims to transform its electricity sector, focusing on demand growth, energy mix, and market operations. The goal is universal, reliable electricity access and a shift to clean energy. Key initiatives include a 'rent a roof' policy for 40 GW solar rooftop power by 2022 and 21 new nuclear reactors totaling 15,700 MW by 2031. The Central Electricity Authority (CEA) projects power demand to reach 817 GW by 2030, with renewable energy's share rising to 44% and thermal energy's share decreasing to 52%. The government targets 500 GW renewable capacity by 2030.

ENGINEERING AND CAPITAL GOODS
India’s Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. 
The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables. India has a competitive advantage in terms of manufacturing costs, market knowledge, technology, and innovation in various engineering sub-sectors. India’s engineering sector has witnessed a remarkable growth over the last few years, driven by increased investment in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of huge strategic importance to India’s economy. 
The development of the engineering sector of the economy is also significantly aided by the policies and initiatives of the Indian government. The engineering industry has been de-licensed and allows 100% foreign direct investment (FDI). Additionally, it has grown to be the biggest contributor to the nation's overall merchandise exports. 
India became a permanent member of the Washington Accord (WA) in June 2014. it is now a part of an exclusive group of 17 countries who are permanent signatories of the WA, an elite international agreement on engineering studies and mobility of engineers.

The Capital Goods sector contributes 12% to India's manufacturing output and 1.8% to GDP, valued at US$ 43.2 billion in FY22. Electrical machinery imports rose to US$ 16.1 billion in 2021. The electrical equipment industry, divided into generation and T&D equipment, contributes 8% to manufacturing and 1.5% to GDP. The market is expected to grow at a CAGR of 9%, adding US$ 33.74 billion from 2021 to 2025. The domestic market is projected to grow at 12% annually, reaching US$ 72 billion by 2025. Heavy electrical equipment production was US$ 21.15 billion in FY21. The machine tools market is set to grow from US$ 1.4 billion in 2022 to US$ 2.5 billion by 2028 at a CAGR of 9.4%. The automated material handling market is expected to grow at a CAGR of 12.7%, reaching US$ 2,739.34 million by 2026. Engineering goods exports grew 45.51% YoY to US$ 111.63 billion in FY22, with the US and Europe as major markets.

India's electrical equipment market is projected to grow by US$ 33.74 billion from 2021 to 2025 at a CAGR of 9%. Investment in engineering R&D is expected to reach US$ 63 billion by 2025. The construction equipment market, valued at US$ 5.2 billion in FY22, is forecasted to grow to US$ 8.7 billion by 2028 at a CAGR of 8.9%, with 165,097 units sold by 2028. The machine tools market is projected to reach US$ 2.5 billion by 2028 at a CAGR of 9.4%. Medical device exports are expected to hit US$ 10 billion by 2025, and engineering goods exports are forecasted to reach US$ 200 billion by 2030. The Ministry of Road Transport and Highways plans to construct 28,391 km of highways by FY24. The AMH market is expected to grow from US$ 1.35 billion in 2020 to US$ 2.74 billion by 2026 at a CAGR of 12.7%. The capital goods industry turnover is forecasted to rise from US$ 92 billion in 2019 to US$ 115.17 billion by 2025. India's ECE industry, the third largest globally, sold 85,385 units in FY22, with continued growth expected due to infrastructure development.

KATARIA INDUSTRIES LIMITED STRENGTHS
1. Approved supplier in various Government projects and other commercial projects
2. In-house manufacturing facility with stringent quality control mechanism
3. They offer comprehensive range of products like PT anchorage and sheathing ducts along-with LRPC strands
4. Wide Geographical Reach
5. Experienced Promoter and strong management team

KATARIA INDUSTRIES LIMITED STRATEGIES
1. Expanding domestic and international market presence and product portfolio
2. Continue to Strengthen Customer Relationships and strengthening brand Kataria Tenasyo”
3. Improving operational efficiency
4. Focus on rationalizing our indebtedness

KATARIA INDUSTRIES LIMITED RISK FACTORS & CONCERNS
1. They derive a significant portion of their revenues from a limited number of Customers.
2. Their Manufacturing Units are subject to inspection under the Madhya Pradesh Pollution Control Board.
3. They are dependent on third party transportation service providers for delivery of raw material to them from their suppliers and delivery of their products to their customers.
4. Their international sales and operations are subject to many uncertainties and they are exposed to foreign currency exchange rate fluctuations.