Kumar Arch Tech Ltd. IPO Details
Kumar Arch Tech Ltd. was incorporated on February 23, 1998. The company manufactures and exports PVC blend-based building materials under the brand "ECHON", with over 22 years of experience. It has diverse product offerings, emphasizing innovation and quality to meet the requirements of both international and Indian markets. Leveraging its expertise in material science and R&D capabilities, it has developed proprietary formulations that allow for the blending of more than eight different raw materials
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹7,400.0 M | DRHP DOC |
Kumar Arch Tech Ltd. issue details
Kumar Arch Tech Ltd. IPO issue size is ₹ 7,400.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Kumar Arch Tech Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Kumar Arch Tech Ltd. NUMBER OF SHARES ON OFFER
Kumar Arch Tech Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 1,108.0 | 4,078.8 | 563.2 | 320.9 | 36.2% |
| FY23 | 630.1 | 4,072.6 | 442.8 | 305.3 | 22.1% |
| FY22 | 204.3 | 2,505.6 | -12.3 | -111.5 | 12.2% |
Kumar Arch Tech Ltd. INFORMATION ON IPO ISSUE
About Kumar Arch Tech Ltd.
Kumar Arch Tech Ltd. was incorporated on February 23, 1998. The company manufactures and exports PVC blend-based building materials under the brand "ECHON", with over 22 years of experience. It has diverse product offerings, emphasizing innovation and quality to meet the requirements of both international and Indian markets. Leveraging its expertise in material science and R&D capabilities, it has developed proprietary formulations that allow for the blending of more than eight different raw materials
Object of the Issue
- Investment in their wholly-owned subsidiary, Taylias Industry (TIPL) for financing its capital expenditure requirements for the greenfield project to the manufacture of PVC-based products
- General corporate purposes
Kumar Arch Tech Ltd. - PROMOTERS
| Name |
|---|
| Jitendra Kumar Taylia |
| Shubham Taylia |
| Shakun Taylia |
| Madhu Agrawal |
| M.M. Thermoplast Private Limited |
Kumar Arch Tech Ltd. Book Running Lead Manager
Motilal Oswal Investment Advisors Limited
echon.ipo@motilaloswal.com
Equirus Capital Private Limited
echon.ipo@equirus.com
Kumar Arch Tech Ltd. Registrar to the Offer
KFin Technologies Limited
kumararch.ipo@kfintech.com
Kumar Arch Tech Ltd. Strengths
Largest manufacturer and exporter
The company has developed a comprehensive product portfolio, establishing a strong foothold in the industry. Since its inception, it has continuously evolved its offerings, creating high-quality and innovative products to meet customer needs and align with prevailing industry technologies
Diversified product portfolio
As of June 30, 2024, the company offers over 900 SKUs classified into three categories: (i) boards/sheets and derivatives such as trim boards, doors, and wall ceiling panels; (ii) profiles, including moldings and door frames; and (iii) signage solutions. These products are used in residential, commercial, and industrial sectors for new construction and renovations in both domestic and international markets
Kumar Arch Tech Ltd. Risks
Dependent on manufacturing facilities
The company’s business depends on its facilities and is subject to risks in its manufacturing processes. Any unscheduled or prolonged disruption of operations could materially and adversely affect its business, financial condition, cash flows, and results of operations
Licenses and approvals
The company must obtain, renew, and maintain statutory and regulatory permits, licenses, and approvals to operate its business and facilities. Any delays or inability to secure these could adversely affect its results of operations, cash flows, and financial condition
Set up a new facility
The company intends to establish a new facility in Udaipur, Rajasthan. This expansion will be subject to risks such as unanticipated delays in implementation and cost overruns
IPO FAQs
The promoters of the company are Jitendra Kumar Taylia, Shubham Taylia, Shakun Taylia, Madhu Agrawal and M.M. Thermoplast Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.