Kataline IPO: Company Files DRHP With SEBI For 43 Lakh Fresh Shares And OFS
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Kataline has filed its DRHP with SEBI for an IPO comprising up to 43 lakh fresh shares and a 43 lakh-share OFS, with proceeds earmarked for working capital and expansion.
Nagpur-based Kataline Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) as it prepares for an initial public offering (IPO).
The proposed issue will include a fresh issue of up to 43 lakh equity shares and an offer for sale (OFS) of up to 43 lakh shares by promoter shareholders. The company may also consider a pre-IPO placement of up to 6.70 lakh shares.
What Are The Key Kataline IPO Details?
Kataline plans to use the fresh issue proceeds from its IPO for working capital requirements, upgrading its manufacturing facility, purchasing project execution equipment and general corporate purposes.
The company said its promoters who are selling their shares, Amit Arvind Thatte, Ketaki Amit Thatte and Abhishek Amit Thatte, have more than 37 years of combined experience in manufacturing and distributing specialised paints and road safety marking products.
What Does Kataline Do?
Kataline began operations in 2008 as a road-marking paint manufacturer and has since expanded into integrated traffic safety solutions. Its business includes specialised manufacturing, road safety marking products, in-house accredited quality testing and project execution.
Its product portfolio covers hot-applied thermoplastic materials, cold-applied plastic materials, water- and solvent-based road safety paints, along with road safety components and devices. Hot-applied thermoplastics contributed 84.82% of revenue from operations in FY2026.
The company has completed more than 60 projects, contributing over ₹50 lakh each during the preceding three fiscal years. Its projects span highways, expressways, airports, smart cities and urban infrastructure across 24 states and union territories.
How Has Kataline Performed Financially?
Kataline reported revenue from operations of ₹220.58 crore in FY2026, up 38.79% from ₹158.93 crore in FY2025. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased to ₹36.26 crore from ₹24.46 crore, while the EBITDA margin improved to 16.44% from 15.39%.
Restated profit after tax (PAT) rose 61.15% to ₹26.83 crore from ₹16.65 crore. Revenue from the sale of services increased 92.68% to ₹65.57 crore.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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