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Kotyark Industries Ltd IPO (Kotyark Industries IPO) Detail

October 21, 2021 - October 25, 2021

Kotyark Industries IPO is a fixed price issue of Rs 11.26 crores.

Kotyark Industries IPO bidding started from October 21, 2021 and ended on October 25, 2021. The shares got listed on NSE SME on November 2, 2021.

Kotyark Industries IPO price is ₹51 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹102,000.

Beeline Broking Ltd is the book running lead manager of the Kotyark Industries IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Kotyark Industries IPO RHP for detailed information.

Kotyark Industries IPO Details

IPO Date October 21, 2021 to October 25, 2021
Listing Date November 2, 2021
Face Value ₹10 per share
Price ₹51 per share
Lot Size 2000 Shares
Total Issue Size2,208,000 shares
(aggregating up to ₹11.26 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue6,066,900
Share holding post issue8,274,900
Market Maker portion112,000 shares

Kotyark Industries IPO Reservation

Kotyark Industries IPO offers 2,208,000 shares. 1,048,000 (47.46%) to NII, 1,048,000 (47.46%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered112,000 (5.07%)
Other Shares Offered1,048,000 (47.46%)
Retail Shares Offered1,048,000 (47.46%)
Total Shares Offered2,208,000 (100%)

Kotyark Industries IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹102,000
Retail (Max) 1 2000 ₹102,000
Lot Size Calculator

Kotyark Industries IPO Promoter Holding

Mr. Gaurang Rameshchandra Shah is the Promoter of our Company.

Share Holding Pre Issue 98.51%
Share Holding Post Issue 72.22%

About Kotyark Industries Ltd

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

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Jul-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 174.42 180.20 191.25 84.83
Total Revenue 281.05 652.90 257.81 375.67
Profit After Tax 5.16 10.44 4.85 5.77

Objects of the Issue (Kotyark Industries IPO Objectives)

  • To meet working capital requirement.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.

Kotyark Industries IPO Review (May apply)

[Dilip Davda]  KIL is the first mover in the bio-fuel segment and has met with good demand for its products. It is scaling up its capacity utilization based on demands and poised for bright prospects ahead. Though the issue appears aggressively priced based on current financial parameters, cash surplus/risk seeker investors may consider an investment with a long term perspective. Read detail review...


Kotyark Industries IPO Subscription Status (Bidding Detail)

The Kotyark Industries IPO is subscribed 7.15 times on October 25, 2021 5:00:00 PM. The public issue subscribed 10.70 times in the retail category, times in the QIB category, and 3.60 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other3.60
Retail10.70
Total7.15

Kotyark Industries IPO Prospectus

Kotyark Industries IPO Rating

266
3.8
Rating:Rated 3.8 stars
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Kotyark Industries IPO Listing Details

Listing Date November 2, 2021
BSE Script Code
NSE Symbol KOTYARK
ISIN INE0J0B01017
Final Issue Price ₹51 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹51.00
₹51.00
₹48.45
₹51.90
₹48.45

Check IPO Performance…

Kotyark Industries Ltd Contact Details

Kotyark Industries Ltd
A-3, 2nd Floor, Shree Ganesh Nagar,
Housing Society, Ramakaka Temple Road, Chhani,
Vadodara-391740, Gujarat, India
Phone: 0265-2760345
Email: info@kotyark.com
Website: http://kotyark.com/

Kotyark Industries IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: kotyark.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Kotyark Industries IPO - Buy or Not

Kotyark Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Kotyark Industries IPO FAQs

Kotyark Industries IPO is a SME IPO of 2,208,000 equity shares of the face value of ₹10 aggregating up to ₹11.26 Crores. The issue is priced at ₹51 per share. The minimum order quantity is 2000 Shares.

The IPO opens on October 21, 2021, and closes on October 25, 2021.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Kotyark Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Kotyark Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Kotyark Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Kotyark Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Kotyark Industries IPO opens on October 21, 2021 and closes on October 25, 2021.

Kotyark Industries IPO lot size is 2000 Shares, and the minimum amount required is ₹102,000.

You can apply in Kotyark Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Kotyark Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kotyark Industries IPO allotment status.

The Kotyark Industries IPO listing date is on November 2, 2021.
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Kotyark Industries IPO Message Board

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292 Comments

84. Carn Mohan |   Link |  Bookmark |November 25, 2021 5:10:38 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
I never trade in SME stock.
I have definite information that in this financial year its EPS will cross 12. It could be multibagger.
83. Indianfriendszone |   Link |  Bookmark |November 17, 2021 5:22:40 PM (400+ Posts)
Power / energy stock on Fire....
82. Visamp |   Link |  Bookmark |November 17, 2021 2:11:04 PM
hi guys now kotyark achived the high price of 73.60. can i hold of sell it . please advise me , thanks
81. G J 😃 |   Link |  Bookmark |November 10, 2021 9:59:10 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Almost (50.55) on issue price (51)
Negligible loss of 900 if somebody wants to avoid risk and exit at breakeven
81.23. lokes |   Link |  Bookmark |November 23, 2021 2:21:56 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@GJ: moving upside now from LC and volumes traded are increased a lot....i had a thought sometime back to add 1 lot at 88 around when LC opened and volume increased but then funds were not available in zerodha and blocked in gofashion ipo so missed it and was afraid also to take risk
81.24. GJ 😀 |   Link |  Bookmark |November 23, 2021 2:57:25 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Yes, I am also closely monitoring.
When It was on LC, I thought it will continue for some sessions as secondary market is also Red.
But as of now, it is at 93 rs (-4%)

I will suggest to wait for some time, but it can move up in the meantime, so not sure.
But it is a VERY risky bet at this point for sure.
80. Irs |   Link |  Bookmark |November 3, 2021 8:20:20 AM
Plzz suggest what should I do. I didn''t get chance to sell my lot
80.30. lokes |   Link |  Bookmark |November 11, 2021 1:21:00 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@GJ: ya i was also not into sme''s then, i joined from prevest/markolines time.
And anyways if we would have got , i dont think anyone would have kept for so long ;) :)
80.31. G J 😃 |   Link |  Bookmark |November 11, 2021 1:30:42 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Same for me, joined from Prevest only for SME IPOs.
I am also not sure, would have holded for that long or not, considering price growth.

But I am holding HDFCAMC, Rossari, CAMS, SBICard from IPOs, so might be.
79. Irs |   Link |  Bookmark |November 3, 2021 8:15:56 AM
Guys plz suggest me what should I do. I didn''t get chance to sell my lot.
79.3. lokes |   Link |  Bookmark |November 8, 2021 10:22:28 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
Kotyark on UC now.... behaving like DK.
79.4. G J 😃 |   Link |  Bookmark |November 8, 2021 10:24:50 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Yes, monitoring that only 😂
78. Carn Mohan |   Link |  Bookmark |November 8, 2021 10:23:22 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Look Quarter pro,DK,kotyark all are trading below ipo price and Leadmanager is Beeline.
Ha ha retailers.
77. Dinesh Singh |   Link |  Bookmark |November 2, 2021 10:49:39 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Flop listing. Loss on allotment.
Thanks God not alloted any lot in it.
Please exit ASAP from it.
77.6. G J 😃 |   Link |  Bookmark |November 3, 2021 3:15:43 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
@lokes,
This incident seems to be a learning for me.
77.7. G J 😃 |   Link |  Bookmark |November 8, 2021 9:49:36 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
on UC today, seems like performing better than DK.
Still holding 1 lot.
76. Noorul |   Link |  Bookmark |November 5, 2021 12:07:03 PM
Leading manager track record is as bad as mine in secondary market.. 😂
76.10. G J 😃 |   Link |  Bookmark |November 8, 2021 9:36:05 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
@Dinesh,
Sure, will meet in Pune once I am back there.

Happy learning with earning to all.
76.11. G J 😃 |   Link |  Bookmark |November 8, 2021 9:37:04 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Belated Happy Diwali to All 😊
75. Carn Mohan |   Link |  Bookmark |November 6, 2021 1:20:13 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Mai tho always Leadmanager ka past record dekhta hu.
Becareful in future.
74. Noorul |   Link |  Bookmark |November 2, 2021 11:25:29 AM
Sold at 51.
74.1. GSMR |   Link |  Bookmark |November 2, 2021 11:34:54 AM
Sold at 51.25, seems like just dodged a bullet
74.2. lokes |   Link |  Bookmark |November 3, 2021 3:02:38 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: good that you took the right decision and exited timely, i knew you will sell it on listing. i also sold my allotted lot today at 51.9
73. Spock 🖖 |   Link |  Bookmark |November 2, 2021 12:01:39 PM
has anyone checked BOA?
as per NSE subscription Number of shares applied in RII 1,12,14,000
as per BOA valid number of shares applied in RII 65,34,000

Because of this UPI, LM and Promoters apply proxy RII applications to show high subscriptions numbers. in SME size is small so this UPI is helping them to show high subscriptions numbers.

Exchange should introduce one more column to show how many shares amount is actually blocked.

as per BOA ~28% of HNI shares moved to RII allotment.
72. Carn Mohan |   Link |  Bookmark |November 1, 2021 6:52:56 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Right now Beeline''s stock broker rating is going to go up as the listing will be very good.
72.1. Anari Investor |   Link |  Bookmark |November 2, 2021 11:53:52 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
You must have seen the listing. Now how are you going to rate Beeline? Please reply.
71. Carn Mohan |   Link |  Bookmark |November 2, 2021 11:34:38 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
In future never apply where Beeline will leadmanager.
70. Dinesh Singh |   Link |  Bookmark |November 2, 2021 11:24:23 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Locked in LC.
This is the impact of LM.
69. traderji |   Link |  Bookmark |November 2, 2021 11:24:00 AM (200+ Posts)
Lower circuit....
It prove that Lead Manager track record is more important
68. G J 😃 |   Link |  Bookmark |November 2, 2021 10:54:30 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Settles at issue price only, 51 rs.
Having 1 lot.

Suggestion?
to hold or sell?
67. Amit Jaipur |   Link |  Bookmark |November 2, 2021 10:09:34 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
it seems its going to open flat & better to exit. Experts Views Pls..
67.1. G J 😃 |   Link |  Bookmark |November 2, 2021 10:28:12 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Wait till 09.45 AM (preopen to settle first)
66. Amit Jaipur |   Link |  Bookmark |November 2, 2021 10:00:00 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Gm Friends. Today Its Listing Day.
65. RAKA GANGAPUR |   Link |  Bookmark |November 2, 2021 9:01:38 AM
Listing Date ??
65.1. Trueinfo |   Link |  Bookmark |November 2, 2021 9:18:52 AM
IPO Guru IPO Guru (1900+ Posts, 1700+ Likes)
Today listing. Already updated on NSE