Kranti Industries Limited IPO
BSE SME₹ 222000 /6000 Shares
*Min Investment
14 Feb, 2019
Open Date20 Feb, 2019
Close Date26 Feb, 2019
Allotment Date28 Feb, 2019
Listing DateIPO Issue Details
- Issue Price Rs 37/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Total issue of 23,19,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 8.58 Cr> Fresh issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 6.48 Cr> Offer for Sale of 5,67,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 2.10 Cr
- Listing at BSE SME
- Lead Manager Fast Track Finsec Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Kranti Industries Limited IPO is an SME IPO, priced at Rs 37/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Feb 14, 2019 to Feb 20, 2019. The allotment is expected to be finalized on Feb 26, 2019, and the tentative listing date is Feb 28, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,01,000 | 11,01,000 | 22,02,000 |
Day 1 - 14-02-19 | 2,40,000 0.22 x | 48,000 0.04 x | 2,88,000 0.13 x |
Day 2 - 15-02-19 | 4,68,000 0.43 x | 81,000 0.07 x | 5,49,000 0.25 x |
Day 3 - 18-02-19 | 5,97,000 0.54 x | 1,83,000 0.17 x | 7,80,000 0.35 x |
Day 4 - 19-02-19 | 6,96,000 0.63 x | 3,57,000 0.32 x | 10,53,000 0.48 x |
Day 5 - 19-02-19 | 13,98,000 1.27 x | 14,43,000 1.31 x | 28,41,000 1.29 x |
Valuations
IPO - Issue Objectives
Offer for Sale ( Rs 2.10 Cr )Company will not receive any proceeds from the Offer for Sale.
Fresh Issue ( Rs 6.48 Cr )(a) To meet working capital requirement. ( Rs 4.30 Cr )(b) General corporate purposes. ( Rs 1.38 Cr )(c) To meet the Offer expenses. ( Rs 0.80 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Kranti Industries Limited IPO is a SME IPO. The issue is priced at Rs 37/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Feb 14, 2019, and closes on Feb 20, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Kranti Industries Limited IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kranti Industries Limited IPO is Total issue of 23,19,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 8.58 Cr> Fresh issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 6.48 Cr> Offer for Sale of 5,67,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 2.10 Cr.
Ans. The Kranti Industries Limited IPO price band is set between Rs 37/- Per Equity Share .
Ans. To apply for Kranti Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kranti Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kranti Industries Limited IPO is Feb 26, 2019.
Ans. The Kranti Industries Limited IPO will be listed on Feb 28, 2019.
Ans. Follow the steps to check the Kranti Industries Limited IPO allotment status online.
