Koolking Industries India Ltd.
NSE & BSETBA
TBA
1 Shares
TBA
₹5
Subscription Details
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Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding the capital expenditure towards the Proposed Projects | 1,384.73 |
| 2 | Funding the capital expenditure towards purchase of new machinery and | 145.27 |
| 3 | Funding the working capital requirements of our Company | 600 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are one of the leading manufacturers and supplier of heating, ventilation, and air conditioning (HVAC) components in India based on the 15% share on our TAM as of FY26 (Source: CARE Report). We possess a robust market presence, serving 8 of the top 10 HVAC manufacturers in the country. (Source: CARE Report) Our presence across multiple product verticals and price points has enabled us to be one of the fastest-growing manufacturers and suppliers of HVAC components in India among the peers considered, based on EBITDA CAGR of 91.59% and a revenue CAGR of 48.17% between FY24 and FY26 (Source: CARE Report). We undertake operations across 5 Manufacturing Facilities located in Punjab, Uttar Pradesh, Rajasthan and Andhra Pradesh, of which 3 Manufacturing Facilities are strategically located in proximity to the manufacturing clusters of our customers and other HVAC manufacturers. Our product portfolio finds application in commercial and residential air conditioners, including in (i) window air conditioners (“WACs”) and (ii) spilt air conditioners (“SACs”) (comprising of indoor units (“IDUs”) and outdoor units (“ODUs”)) as well as in the refrigeration industry. (Source: CARE Report) We manufacture and supply a comprehensive range of brass and copper HVAC components across four business verticals, namely, (i) IDU components, such as U-bends, evaporator inlet and outlet tubes, and sockets; (ii) ODU components, such as suction tubes, condenser inlet and outlet tubes, C-bends and discharge tubes; (iii) other HVAC components, such as brass flare nuts and dead nuts; and (iv) refrigeration components, such as refrigeration lines.
Use of Proceeds
1. Funding the capital expenditure requirements towards: (i) setting up of a new manufacturing unit at Malerkotla, Punjab (“Proposed Unit I”); (ii) setting up of a new manufacturing unit at Sricity, Andhra Pradesh (“Proposed Unit II”); (iii) setting up of a new manufacturing unit at Ghiloth, Rajasthan (“Proposed Unit III”); (collectively, the “Proposed Projects”) 2. Funding the capital expenditure towards purchase of new machinery and equipment at our existing Manufacturing Facilities; 3. Funding the working capital requirements of our Company; and 4. General corporate purposes.
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The for the Koolking Industries India Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.