Krishna Defence and Allied Industries Limited IPO
NSE SME₹117,000 / 3000 Shares
Krishna Defence and Allied Industries Limited IPO Details
The Krishna Defence and Allied Industries Limited IPO price band is set between ₹37-39 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Mar, 2022 and closes on 29 Mar, 2022. Investors can check the allotment status on 1 Apr, 2022, while the listing date is tentatively scheduled for 6 Apr, 2022.
The total issue size is 3,048,000 Eq Shares of ₹10, aggregating up to ₹11.89 Cr. Stay tuned for the latest Krishna Defence and Allied Industries Limited IPO review and GMP updates.
Krishna Defence and Allied Industries Limited IPO Review, Rating & Analysis
Krishna Defence and Allied Industries Limited IPO Review
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Krishna Defence and Allied Industries Limited IPO Highlights
IPO Date
Mar 25, 2022 - Mar 29, 2022
Listing Date
6 Apr, 2022
Face Value
₹10 Per Equity Share
Price Band
₹37-39 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Krishna Defence and Allied Industries Limited IPO Lot Size
The minimum market lot for Krishna Defence and Allied Industries Limited IPO is 3000 shares with an application amount of ₹1,17,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,17,000 |
| Retail (Max) | 1 | 3000 | ₹1,17,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,34,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,36,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,53,000 |
Krishna Defence and Allied Industries Limited IPO Timeline
Issue Price
₹37-39 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue Size
3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr)Krishna Defence and Allied Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 58.04 | 20.98 | 1.22 | - | - | - |
| 31 Mar 21 | 56.20 | 36.18 | 1.93 | - | - | - |
| 31 Mar 20 | 61.41 | 25.72 | 0.74 | - | - | - |
| 31 Mar 19 | 65.99 | 58.90 | 2.06 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Ankur Ashwin Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.38% |
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.
Krishna Defence and Allied Industries Limited IPO Subscription 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 |
Frequently Asked Questions about Krishna Defence and Allied Industries Limited IPO IPO
When will Krishna Defence and Allied Industries Limited IPO open for subscription?
The Krishna Defence and Allied Industries Limited IPO opens on 25 Mar, 2022 and closes on 29 Mar, 2022.
What is the investors portion for Krishna Defence and Allied Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1014000.
How to apply for Krishna Defence and Allied Industries Limited IPO?
You can apply for Krishna Defence and Allied Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Krishna Defence and Allied Industries Limited IPO?
The issue size of Krishna Defence and Allied Industries Limited IPO is approx ₹3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr) crores.
What is the price band of Krishna Defence and Allied Industries Limited IPO?
The price band for Krishna Defence and Allied Industries Limited IPO is ₹37 to ₹39 per equity share.
What is the lot size of Krishna Defence and Allied Industries Limited IPO?
The minimum bid (lot size) for Krishna Defence and Allied Industries Limited IPO is N/A shares with an investment of approx ₹117,000 .
What is the allotment date of Krishna Defence and Allied Industries Limited IPO?
The allotment date for Krishna Defence and Allied Industries Limited IPO is 1 Apr, 2022.
What is the listing date of Krishna Defence and Allied Industries Limited IPO?
The listing date for Krishna Defence and Allied Industries Limited IPO is expected to be 6 Apr, 2022.
What is the GMP of Krishna Defence and Allied Industries Limited IPO?
The latest Grey Market Premium (GMP) for Krishna Defence and Allied Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.