Koolking Industries India Ltd. IPO Details
Koolking Industries India was incorporated on February 13, 2008. The company manufactures and supplies brass and copper HVAC and refrigeration components, serving 8 of the top 10 HVAC manufacturers in India through five manufacturing facilities. Its product portfolio covers IDU, ODU, other HVAC and refrigeration components for residential, commercial air conditioners and refrigeration applications
| 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 |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 3.1 M | - | - | ₹3,000.0 M | DRHP DOC |
Koolking Industries issue details
Koolking Industries has 3.1 M shares on offer
Koolking Industries IPO issue size is ₹ 3,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Koolking Industries 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 |
Koolking Industries NUMBER OF SHARES ON OFFER
Koolking Industries FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 526.7 | 33.2 | -43.0 | -75.5 | 10.9% |
| FY25 | 483.1 | 27.1 | -6.6 | -19.3 | 9.5% |
| FY24 | 239.9 | 7.7 | 3.7 | -13.9 | 6.5% |
Koolking Industries INFORMATION ON IPO ISSUE
About Koolking Industries
Koolking Industries India was incorporated on February 13, 2008. The company manufactures and supplies brass and copper HVAC and refrigeration components, serving 8 of the top 10 HVAC manufacturers in India through five manufacturing facilities. Its product portfolio covers IDU, ODU, other HVAC and refrigeration components for residential, commercial air conditioners and refrigeration applications
Object of the Issue
- Funding the capital expenditure requirements towards setting up of a new manufacturing unit at Malerkotla, Punjab
- Funding the capital expenditure requirements toward setting up of a new manufacturing unit at Sricity, Andhra Pradesh
- Funding the capital expenditure requirements toward setting up of a new manufacturing unit at Ghiloth, Rajasthan
- Funding the capital expenditure towards purchase of new machinery and equipment at their existing manufacturing facilities
- Funding the working capital requirements of the company
- General corporate purposes
Koolking Industries - PROMOTERS
| Name |
|---|
| Sajiv Gopal |
| Malti Sood |
| Varun Gopal |
Koolking Industries - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sajiv Gopal | Chairperson & Whole-time Director |
| Malti Sood | Whole-time Director |
| Varun Gopal | Managing Director & Chief Executive Officer |
| Sameer Bhargava | Non-Executive Independent Director |
| Shweta Mohindra | Non-Executive Independent Director |
| Sanjay Mittal | Non-Executive Independent Director |
Koolking Industries Book Running Lead Manager
Keynote Financial Services Limited
mbd@keynoteindia.net
Koolking Industries Registrar to the Offer
KFin Technologies Limited
koolking.ipo@kfintech.com
Koolking Industries Strengths
Diversified HVAC components
The company manufactures brass and copper HVAC and refrigeration components across four product categories, serving 8 of the top 10 HVAC manufacturers in India. Its diversified portfolio, in-house capabilities and strong customer relationships support industry growth, product expansion and increased share of customer requirements
Diversified product portfolio
The company has evolved from a single-unit copper HVAC component manufacturer into a diversified player with a broad product portfolio across multiple verticals and price points. Its NPD capabilities and customer-focused approach enable it to develop and scale new products while meeting varied customer requirements
Client relationship
With over 17 years of operations, the company serves leading domestic and global ODMs, supported by long-standing customer relationships, strong retention and 108 facility and process audits by 10 customers over the past three Fiscals. Its focus on quality, consistent supply, responsiveness, innovation and competitive pricing helps strengthen customer relationships and support repeat orders
Koolking Industries Risks
Cyclical demand risk
The company’s business depends on demand for HVAC systems and components, which is influenced by economic conditions, industrial growth, construction activity, infrastructure development and customer capital expenditure. Cyclical industry trends and seasonal fluctuations in HVAC demand may adversely affect its business, operations and financial performance
Competition
The company operates in a highly competitive HVAC components industry, facing domestic and international manufacturers, organised and unorganised players and substitute products. Competition on pricing, quality, technology, efficiency and service, along with new technologies and alternative products, may result in pricing pressure, lower margins, loss of market share and adversely affect its revenues and growth
Compliance risks
The company’s products must meet stringent customer specifications, performance standards and quality requirements across different air conditioner types, energy ratings and refrigerants. Failure to meet these standards may result in product rejection, order cancellations, warranty claims, penalties, additional costs, loss of customers and adverse effects on its reputation and profitability
IPO FAQs
The promoters of the company are Sajiv Gopal, Malti Sood and Varun Gopal.
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%.