Krishna Defence and Allied Industries Limited IPO
NSE SMEListed On: Apr 6, 2022 at ₹ 75.0
₹ 234000 /6000 Shares
*Min Investment
25 Mar, 2022
Open Date29 Mar, 2022
Close Date01 Apr, 2022
Allotment Date06 Apr, 2022
Listing DateIPO Issue Details
- Issue Price ₹37-39 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr)
- Listing at NSE SME
- List Price 75.0
- Listing Date 2022-04-06
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Krishna Defence and Allied Industries Limited IPO is an SME IPO, priced at ₹37-39 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 Mar 25, 2022 to Mar 29, 2022. The allotment is expected to be finalized on Apr 1, 2022, and the tentative listing date is Apr 6, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,443,000 / 435,000 | 1,014,000 | 2,892,000 |
Day 1 25-03-22 05:00 PM | QIB-0.00x NII-5.21 x | 18.60 x | 7.30 x |
Day 2 28-03-22 05:00 PM | QIB-1.48x NII-11.66 x | 51.71 x | 20.63 x |
Day 3 29-03-22 05:00 PM | QIB-8.84x NII-159.90 x | 132.08 x | 74.77 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 58.04 | 56.20 | 61.41 | 65.99 |
| Revenue | 20.98 | 36.18 | 25.72 | 58.90 |
| Profit After Tax | 1.22 | 1.93 | 0.74 | 2.06 |
About Company
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.
Read More- Promoter(s)
Mr. Ankur Ashwin Shah
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.38%
IPO - Issue Objectives
To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.
IPO - FAQs
Ans. Krishna Defence and Allied Industries Limited IPO is a SME IPO. The issue is priced at ₹37-39 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 25, 2022, and closes on Mar 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Krishna Defence and Allied Industries Limited IPO opens on Mar 25, 2022 and closes on Mar 29, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Krishna Defence and Allied Industries Limited IPO is 3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr).
Ans. The Krishna Defence and Allied Industries Limited IPO price band is set between ₹37-39 per equity share.
Ans. To apply for Krishna Defence and Allied Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Krishna Defence and Allied 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 Krishna Defence and Allied Industries Limited IPO is Apr 1, 2022.
Ans. The Krishna Defence and Allied Industries Limited IPO will be listed on Apr 6, 2022.
Ans. Follow the steps to check the Krishna Defence and Allied Industries Limited IPO allotment status online.
