Krishca Strapping Solutions Limited IPO
Krishca Strapping Solutions Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹51–₹54 per share. The stock debuted at ₹118.8, delivering a listing gain of 120.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,08,000.
Krishca Strapping Solutions Limited IPO
- IPO Dates
- May 16, 2023 – May 19, 2023
- Price band
- ₹51-54 per equity share
- Minimum Investment
- ₹1,08,000
- Issue size
- Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr)
- Lot size
- 2000
- Allotment Date
- May 23, 2023
- Listing
- May 25, 2023
- Listing At
- NSE SME
IPO timeline
-
May 16, 2023
Open Date
Completed
-
May 19, 2023
Close Date
Completed
-
May 23, 2023
Allotment Date
Completed
-
May 25, 2023
Listing Date
Completed
Krishca Strapping Solutions Limited IPO Essentials
Krishca Strapping Solutions Limited IPO Details
Krishca Strapping Solutions Limited IPO is priced at ₹51-54 per share with a total issue size of Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹51-54 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr)
- Listing at
- NSE SME
- List price
- 118.8
- Listing date
- Registrar
- Purva Sharegistry India Pvt Ltd
- Lead manager
-
Share India Capital Services Private Limited
Krishca Strapping Solutions Limited IPO Analytics
Krishca Strapping Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Krishca Strapping Solutions Limited IPO Subscription Status
Krishca Strapping Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹/-
Krishca Strapping Solutions Limited Financials( In Lakhs)
| 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 |
Krishca Strapping Solutions Limited Company & Offer Insights
About Krishca Strapping Solutions Limited
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 are the company's promoters of Krishca Strapping Solutions Limited.
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
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Krishca Strapping Solutions Limited IPO is a book-built IPO worth ₹Fresh Issue : 3,320,000 shares(aggregating up to ₹17.93 Cr). The price band is ₹51–₹54 per share. The IPO opens on May 16, 2023 and closes on May 19, 2023. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.
The price band of Krishca Strapping Solutions Limited IPO is ₹51 to ₹54 per share.
The lot size of Krishca Strapping Solutions Limited IPO is 2000 shares.
The minimum investment for Krishca Strapping Solutions Limited IPO is approximately ₹1,08,000 based on the upper price band .
Krishca Strapping Solutions Limited IPO opens on May 16, 2023 and closes on May 19, 2023.
The allotment date of Krishca Strapping Solutions Limited IPO is May 23, 2023.
Krishca Strapping Solutions Limited IPO is expected to be listed on May 25, 2023, on NSE SME Platform.
Krishca Strapping Solutions Limited IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW %, and market cap N/A.
To apply for Krishca Strapping Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Krishca Strapping Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Krishca Strapping Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Krishca Strapping Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Krishca Strapping Solutions Limited IPO allotment status on IPO Ji for quick and easy access.