Kalahridhaan Trendz IPO

Kalahridhaan Trendz IPO

Kalahridhaan Trendz IPO is likely to have a positive impact on Indian markets and is expected to create wealth for investors. This is because the company possesses robust financial indicators and has a clear utilization plan for the IPO proceeds. Moreover, it is a leading textile brand that is renowned for its product quality, operational efficiency, and diversified business operations.

The iPod will help in bolstering the company’s finances and will allow it to expand its presence in the market. As a result, it will also provide a platform for investors to gain exposure to this promising stock. The company’s strong financial performance and growth prospects are expected to attract retail investors and institutional buyers, thereby contributing to a robust market response.

Established in 2016, Kalahridhaan Trendz is a reputed textile company that offers an extensive range of apparel and home furnishing products. The company operates two main segments: Embroidery Knitting and Cloth Dyeing and Printing. The Embroidery Unit focuses on the complete lifecycle of dress material production, from procurement of grey fabrics and yarns to design development and stringent quality controls. The Cloth Dyeing and Printing segment consists of several specialized processes such as singeing, de-sizing, scouring, bleaching, mercerizing, dyeing, printing, and finishing. These processes are critical for ensuring that the finished fabric meets strict standards of strength, color fastness, and aesthetics.

Currently, the company has a total of 12 permanent employees. Its manufacturing unit is located on the outskirts of Ahmedabad City on Narol Circle. This location enables the company to easily access road, rail, and air transportation services. Additionally, the company is near key suppliers and customers.

The IPO will be priced at Rs 1,750 per share. The IPO will open on February 15 and close on February 20. It will be available for subscription from retail individuals and qualified institutional buyers (QIBs). The minimum lot size is 3000 shares or Rs135,000. The allotment status will be declared on February 21 and the refund initiation will take place on February 23. Investors can track the IPO allotment status on the Bigshare Services website.

Share this post

About the author

Hi there! This is Devin Haney. I am a Freelancer. I love to Blogging. I would love to connect with everyone here. On relaxing Sunday afternoon you will find me.

© Copyright Official NEWS Today. All Rights Reserved.