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Kalahridhaan Trendz IPO allotment: Check status, listing date, GMP, other details

India is home to the fifth-highest reserves of iron ore in the world. Easy availability of low-cost manpower and presence of abundant iron ore reserves make India competitive in the global set up.

The IPO, which will close on February 20, is priced at Rs 77 at the upper end. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.

The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery basis. There are two ways in which investors can check whether they received any allotment after applying for the IPO

The growing use of supercomputers in the research and development of drugs and increased biotechnology adoption is likely to fuel the market growth during the forecast period. The global supercomputer market is projected to increase at an impressive CAGR of 10.5% and hit a valuation of $19 billion by the end of 2033, up from $7 billion in 2023.

The IPO of Thai Casting aims to raise Rs 47 crore through an equity issue of 61.2 lakh shares. The Indian die casting industry is expected to grow, and Thai Castings financial performance shows promising revenues and profit. The IPO opens on February 15 and closes on February 20.

WTI Cabs is finalizing its share allotment process for the IPO. Investors can check the allotment status on Beetal Financial and Computer Services website. The companys shares are trading at a premium in the unlisted market and are expected to list at a 52% premium. The IPO was highly subscribed with strong interest from non-institutional investors.

The IPO is a completely fresh issue comprising 1,850,400 equity shares. Maximum subscription amount for retail investors is Rs 2 lakh.

The issue is at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.

Kalahridhaan Trendzs IPO aims to raise Rs 22.4 crore through the issuance of 49.9 lakh shares at Rs 45 per share. The company engages in fabric manufacturing, trading, embroidery works, grey cloths, and printing and dyeing for suiting, shirting, and dress materials. The textile and apparel industry is projected to reach $190 billion by 2025-26.