The share price of Kataria Industries debuted brilliantly on NSE SME today. The opening price of Kataria Industries’ shares today is ₹182.40, which is 90% more than the ₹96 issue price.
Kataria Industries’ initial public offering (IPO) subscription period began on Tuesday, July 16, to Friday, July 19. At the time of Kataria Industries’ IPO, each share had a face value of ₹10 and was priced between ₹91 and ₹96. There were at least 1,200 shares available, if not more. Kataria Industries’ subscription status was 393.87 times on the last day of bidding.
Founded in 2004, Kataria Industries Limited manufactures and supplies Steel Wires, Couplers, Post-tensioning (PT) Anchorage System (Anchor Cone, Anchor Head and Wedges), Aluminum Conductors made of HDPE Single-Wall Corrugated (SWC) Sheathing Ducts and Low Relaxation Pre-stressed Concrete (LRPC) Strands. The company’s huge product line is utilized in a multitude of sectors, such as high-rise buildings, railroads, metros, atomic reactors, distribution lines, highways, bridges, flyovers and LNG tanks.
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