Kataria Industries, a company that makes special wires and other things for building, is offering its shares to the public for the first time today. This is called an Initial Public Offering (IPO). If you want to buy a part of this company, you can do it now.
Kataria Industries makes special wires and other things used in building strong structures. They have factories in Ratlam, Madhya Pradesh.
IPO Details
- Price Band: You can buy one share of Kataria Industries for between Rs 91 to Rs 96.
- How much money: The company wants to raise around Rs 54.58 crore by selling its shares.
- When to buy: You can buy shares from today, July 16, until Friday, July 19.
- Listing: If you buy shares, you can start trading them on the stock market on Wednesday, July 24.
Kataria Industries plans to use the money from the IPO to buy new machines, pay off old debts, and for general company expenses.
Deciding to invest in a company is not easy. It’s important to do your research or talk to a financial advisor before investing your money. The price of shares can rise or fall.
Important to know
- GMP: This is a short form for “Grey Market Premium.” It’s the difference between the share price and what people are willing to pay for it outside the official market. A high GMP can sometimes mean people expect the share price to go up after the listing.
- Lot size: You can buy a minimum of 1,200 shares.
Remember: Investing in shares is risky. The value of your investment can decrease as well as increase.