kaka industries limited

Kaka Industries Limited IPO Review, Date, Price, GMP

Kaka Industries Limited is a PVC profile brand that specializes in the manufacturing of polymer-based profiles. Their product range contains profiles used in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets, and other interior and exterior applications. Kaka Industries Limited has a diverse portfolio of over 1200 SKUs, they offer PVC profiles, uPVC door, and window profiles, as well as WPC profiles and sheets in various sizes, specifications, and colors. The company places a strong emphasis on providing non-wood alternatives, effectively contributing to tree conservation efforts.

Kaka Industries markets its products via a vast network of 300 dealers which are located across more than 20 states and union territories in India. Their well-known brands include Kaka, Poly Plast, Jinwin, Nice Plast, and Barbarika. The company operates three depots situated in Gagilapur (Telangana), Dadri (Uttar Pradesh), and Surat (Gujarat), further facilitating their distribution efforts.

Kaka Industries Limited Major business comes from Gujarat with around 64.47% of their earnings during the nine-month period ending in December 2022. While Telangana, Maharastra, and Karnataka Contribute 9.03%, 6.18%, and 4.50% respectively. Kaka Industries has also earned the status of an “Approved Vendor” with prestigious government organizations such as Gujarat State Police Housing Nigam Limited and Military Engineer Services (Lucknow & Ahmedabad).

Kaka Industries Limited operates three manufacturing units located in the village of Zak, Gandhinagar district, Gujarat. These units have a total installed capacity for PVC profiles of 15,425 MT, 2,995 MT for WPC profiles and sheets, and 2,022 MT for uPVC door and window profiles. The company ensures product quality through a well-equipped laboratory, modern technology, and testing equipment. They hold certifications such as ISO 9001:2015 for quality management systems, ISO 45001:2018 for occupational health and safety management systems, ISO 14001:2015 for environmental management systems, compliance certification as per construction product regulations (CPR) 305/2011, and “Assured Green Business” certification from United Ackreditering Services Limited, UK.

To further expand its manufacturing capabilities, Kaka Industries Limited is in the process of setting up a new manufacturing plant in Lasundra village, Kheda district, Gujarat. The plant is being constructed on leased land covering an area of over 49,000 sq. mtrs and is expected to enhance its production capacity.

With a strong foundation built on the expertise and experience of the founder, Mr. Rajesh Dhirubhai Gondaliya, who has over 20 years of industry knowledge, Kaka Industries Limited benefits from his sound decision-making abilities, an extensive network of clients and suppliers, and deep understanding of the polymer extrusion industry. Supported by a skilled technical, managerial, and commercial team, the company strives to achieve its organizational goals.

Kaka Industries Limited IPO Complete Details:

IPO Date10 July 2023 to 12 July 2023
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Face Value10 Rs. Per Share
Price55 to 58 Rs.
Lot Size2000
Issue Size3,660,000 shares (Rs.21.23 Cr)
Fresh Issue3,660,000 shares (Rs.21.23 Cr)
Listing Date20 July 2023

Kaka Industries Limited IPO Timetable:

ActivityDate*
Opening Date10 July 2023
Closing Date12 July 2023
Allotment17 July 2023
Initiation of Refunds18 July 2023
Credit of Shares to Demat Account19 July 2023
Listing Date20 July 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxNet WorthBorrowings
31 March 20202,190.684,148.74141.14142.14830.50
31 March 20213,568.027,879.00302.51743.651,999.00
31 March 20224,614.7611,709.98497.661,241.312,735.55
31 March 20236,767.0015,887.70718.501,956.884,013.66
Amount In Lakhs

AS OF NOW, the GMP OF Kaka Industries Limited is Around 42 Rs.

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