Krishca Strapping Solutions Limited IPO
NSE SMEListed On: May 25, 2023 at ₹ 118.8
₹ 216000 /4000 Shares
*Min Investment
16 May, 2023
Open Date19 May, 2023
Close Date23 May, 2023
Allotment Date25 May, 2023
Listing DateKrishca Strapping Solutions Limited IPO Issue Details
- Issue Price ₹51-54 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr)
- Listing at NSE SME
- List Price 118.8
- Listing Date 2023-05-25
- Lead Manager Share India Capital Services Private Limited
- Registrar Purva Sharegistry India Pvt Ltd
Krishca Strapping Solutions Limited IPO Details
- Retail Portion N/A
Krishca Strapping Solutions Limited IPO Details
Krishca Strapping Solutions Limited IPO is an SME IPO, priced at ₹51-54 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from May 16, 2023 to May 19, 2023. The allotment is expected to be finalized on May 23, 2023, and the tentative listing date is May 25, 2023.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Krishca Strapping Solutions Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 347,040 / 1,179,242 | 1,944,118 | 3,470,400 |
Day 1 16-05-23 06:00 PM | 1.75 / 25.86 x | 44.63 x | 20.38 x |
Day 2 17-05-23 06:00 PM | 1.89 / 63.91 x | 136.22 x | 58.21 x |
Day 3 18-05-23 06:00 PM | 4.82 / 150.29 x | 288.64 x | 125.98 x |
Day 4 19-05-23 06:00 PM | 36.10 / 786.89 x | 572.83 x | 336.57 x |
Krishca Strapping Solutions Limited Valuations
Krishca Strapping Solutions Limited Company Financials
| 15-Feb-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2,696.96 | 1,544.00 | 1,292.02 | 915.75 |
| Revenue | 6,351.23 | 1,871.71 | 971.05 | 98.15 |
| Profit After Tax | 785.75 | 150.54 | -67.25 | -223.92 |
About Krishca Strapping Solutions Limited Company
Krishca Strapping Solutions Limited is a manufacturer and wholesaler of Strapping Tools and Strapping Seal.
The company has a manufacturing facility in Chennai with a capacity of 18,000 MT of steel straps and 80 million Seals per annum.The steel strap quality requirements of the company are in compliance with American, European, and Indian standards. That is IS 5872:1990 - Cold rolled steel straps (box strappings) specification; ASTM D-3953 - Standard Specification for Strapping, Flat Steel and Seals; and BS EN 13246:2001 - Packaging.
Krishca Strapping Solutions has a team of 50 employees working for them.
Krishca Strapping Solutions Limited - Promoter(s)
Mr. Lenin Krishnamoorthy Balamanikandan
Pre Issue Share Holding : 86.34%
Post Issue Share Holding : 62.60%
Krishca Strapping Solutions Limited IPO - Issue Objectives
Capital Expenditure for setting up of New Strapping Line
Repayment of certain secured borrowings in full
General corporate expenses and issue expenses
Krishca Strapping Solutions Limited IPO - FAQs
Ans. Krishca Strapping Solutions Limited IPO is a SME IPO. The issue is priced at ₹51-54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on May 16, 2023, and closes on May 19, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Krishca Strapping Solutions Limited IPO opens on May 16, 2023 and closes on May 19, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Krishca Strapping Solutions Limited IPO is Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr).
Ans. The Krishca Strapping Solutions Limited IPO price band is set between ₹51-54 per equity share.
Ans. To apply for Krishca Strapping Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Krishca Strapping Solutions 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 Krishca Strapping Solutions Limited IPO is May 23, 2023.
Ans. The Krishca Strapping Solutions Limited IPO will be listed on May 25, 2023.
Ans. Follow the steps to check the Krishca Strapping Solutions Limited IPO allotment status online.
