Kalana Ispat IPO

Incorporated in October 2012, Kalana Ispat Limited is primarily involved in manufacturing M.S. Billets and Alloy Steel Billets of various grades. The company's business can be divided into segments Sale of Products, and Sale of Services. The manufacturing facility has been duly certified by international standards of quality management systems such as ISO 2830:2012. The company's manufacturing unit has an annual capacity of 38000MT/Annum. Competitive Strength Innovation focused business model; Consistent track record of profitable growth due to a scalable business model; Established and proven track record; Experienced Promoters and dedicated employees Enhancing Promoters Experience; and Cordial relations with their customers. As of September 2024, the company has three key management personnel (KMPs) and fifteen employees on its payroll. Additionally, the company arranges for temporary manpower per its production requirements from service agencies.

The objects of the present issue of Equity Shares are: Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by the construction of the industrial shed, purchase of equipment/machinery, other assets etc; and General Corporate Purpose

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