Krishna Defence IPO
Krishna Defence and Allied Industries Limited develops, manufactures, and designs Defence Application Products, Kitchen and Dairy Equipment Products. The company was incorporated in 1996 and has two manufacturing plants located in Gujarat, Kalol and Halol district near Vadodara.
The company manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Milk Cooling Tanks or Bulk Milk Coolers, Solar Powered Milk Cooling Tanks, I-Data (Automated Data Monitoring System for Milk Tanks), Heat Recovery Unit, Auto-CIP system Containerized Milk Procurement Unit, Milking Machine, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section, Weld Consumables, etc.
Krishna Defence and Allied Industries started a new vertical in 2020 which manufactures and markets Homeland & Security products like Modular Vehicle Barrier, Automatic Tyre Killer, Multi-purpose Launcher, and Long-Range LED Searchlight to be used by the Indian Armed Forces, Forest Department, Police Department, etc.
Competitive Strengths:
- We offer a diversified range of products.
- Precision engineering expertise with complex product manufacturing capability.
- Strong R&D capabilities with a focus on innovation.
- Long-Standing Relationship with our customers.
- Experienced Qualified Management and Employee base.
Company Promoters:
Mr. Ankur Ashwin Shah is the company promoter.
Company Financials:
| Particulars | For the year/period ended (Rs in Lakhs) | |||
|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,804.14 | 5,620.06 | 6,141.36 | 6,599.65 |
| Total Revenue | 2,098.20 | 3,618.84 | 2,572.37 | 5,890.85 |
| Profit After Tax | 122.11 | 193.65 | 74.61 | 206.44 |
Objects of the Issue:
The company intends to utilize the proceeds of the Issue to meet the following objectives:
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses.
krishna defence ipo Details
| IPO Opening Date | Mar 25, 2022 |
| IPO Closing Date | Mar 29, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹37 to ₹39 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Issue Size | 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr) |
| Fresh Issue | 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr) |
| QIB Shares Offered | 50% of the net offer |
| Retail Shares Offered | 35% of the net offer |
| NII (HNI) Shares Offered | 15% of the net offer |
krishna defence ipo Tentative Timetable
The krishna defence ipo open date is Mar 25, 2022, and the close date is Mar 29, 2022. The issue may list on Apr 6, 2022.
| IPO Open Date | Mar 25, 2022 |
| IPO Close Date | Mar 29, 2022 |
| Basis of Allotment Date | Apr 1, 2022 |
| Initiation of Refunds | Apr 4, 2022 |
| Credit of Shares to Demat Account | Apr 5, 2022 |
| IPO Listing Date | Apr 6, 2022 |
krishna defence ipo Lot Size
The krishna defence ipo market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹117,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹117,000 |
| Maximum | 1 | 3000 | ₹117,000 |
krishna defence ipo Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.38% |
krishna defence ipo Prospectus
Company Contact Information
Krishna Defence and Allied Industries Limited
344, Floor-3, Plot-267, A To Z Industrial Estate,
Ganapatrao Kadam Marg, Lower Parel,
Delisle Road, Mumbai, Maharashtra, 400013
Phone: +91 22 4220 3800/99
Email: [email protected]
Website: http://www.krishnaallied.com/
krishna defence ipo Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
krishna defence ipo Lead Manager(s)
- Hem Securities Limited
