Kotyark Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,048,000 (47%) | — | ₹534 Cr |
| Retail | — | 1,048,000 (47%) | — | ₹534 Cr |
| Market Maker | — | 112,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 2,208,000 (100%) | — | ₹11,261 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,428,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,834,000 |
Financial Statements Amount in Crore
| Metric | 31-Jul-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 28 | 65 | 26 |
| Profit After Tax | 1 | 1 | 0 |
| Total Assets | 17 | 18 | 19 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet Working Capital Requirement – 8.30
- 2 General Corporate Expenses – 2.36
- 3 Public Issue Expenses – 0.60
Company Overview
Incorporated in 2016, Kotyark Industries is engaged in the manufacturing of Biofuels. The company is focused on renewable green energy and sustainable development of renewable natural resources (Biofuels) through the adoption of environmentally friendly technology in vehicles for public and private transport as well as various equipment and Gen Sets.
The company's products are categorized into:
- Bio-Diesel
- C9
- Carbon Black Feedstock (CBFS)
- Liquid Paraffin Oil
- Dewatering Fluid
Kotyark Industries is an approved manufacturer of Biodiesel and has received Letter of Intent from the Biofuel Authority, Rural Development, Panchayat Raj Department, and Government of Rajasthan. The company has also received permission from the Government of Rajasthan for setting up Mobile Retail Outlet for sale of Bio-Diesel and has entered into Mobile Retail Outlet (MRO) Agreement with various parties for this. The company has a bio-diesel manufacturing capacity of 100,000 KL per month from Multi Feedstock at Rajasthan, India.
Competitive Strengths:
- Long-standing relationships and multi-layered engagement with customers.
- Experienced promoter and management
- Adherence to timely order fulfillment and high-cost efficiency
- Scalable Business Model
- Strong relationship with suppliers
- Environmental-friendly products
- Quality Assurance and Standards