Kranti Industries Limited IPO (Kranti Industries IPO) Detail

Feb 14, 2019 - Feb 20, 2019

Incorporated in 1995, Pune based Kranti Industries Limited is a company engaged in the business of manufacturing and supplying of precision machined components. The company is primarily known for a range of automotive component and non-automotive (off highway) components.

The company manufactures different types of automotive components varying from 100 MM to 1200 MM in size. It also manufactures customized products for reputed Original Equipment Manufacturers (OEMs) of diverse industries such as passenger cars, electric cars, two-wheelers, light vehicles, tractors, construction machinery, off-highway, heavy trucks and railways etc.

Over the years Kranti Industries has diversified its product portfolio. It currently caters to various sectors by developing components for automobile, commercial vehicle, construction, pneumatic tool, windmill, medical industry, etc.

The company's client base includes Graziano Transmission India Pvt. Ltd, John Deere India Pvt. Ltd, CNH Industrial (India) Private Limited formerly known as (New Holland Fiat (I) Pvt. Ltd), Carraro India Pvt. Ltd, Jaya Hind Industries Limited, Endurance Technologies limited, Neosym Industry Limited (Sanaswadi) and Meltwel Scrap Traders, etc.

The company has two manufacturing facilities located at Pune, Maharashtra.

The current Order Book of the company, as on November 30, 2018, is approximately ₹ 660.34 Lacs.

The company has 155 employees (including temporary workers) on its payroll.

Competitive Strengths:

1. More than 20 years of experience
2. Stable customer base with 10 largest customers accounting for around 96% of total domestic sales
3. Diverse product portfolio catering to different market needs
4. Well established manufacturing facilities located at automotive hub

Company Promoters:

The promoters of the company are Mrs Indubala Subhash Vora, Mr Sachin Subhash Vora, and Mr Sumit Subhash Vora.

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	5,015.10	4,378.06	4,401.16	4,135.49
Total Revenue	3,321.91	4,610.92	2,925.19	2,884.41
Profit After Tax	137.14	89.97	(92.85)	(21.02)

Objects of the Issue:

The Offer comprises a Fresh Issue of 17,52,000 Equity Shares and an Offer for Sale of 5,67,000 Equity Shares, the Selling Shareholder. The Selling Shareholder will be entitled to the proceeds from the Offer for Sale. The Company will not receive any proceeds from the Offer for Sale. The Objects of the fresh Issue are-
1. To meet the working capital requirement
2. For General Corporate Purposes
3. To Meet the Issue Expenses

Kranti Industries IPO Details

Issue Open	Feb 14, 2019 - Feb 20, 2019
Issue Type	Fixed Price Issue IPO
Issue Size	2,319,000 Eq Shares of Rs 10 (aggregating up to Rs 8.58 Cr)
Fresh Issue	1,752,000 Eq Shares of Rs 10 (aggregating up to Rs 6.68 Cr)
Offer for Sale	567,000 Eq Shares of Rs 10 (aggregating up to Rs 2.10 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 37 Per Equity Share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	BSE SME

Kranti Industries IPO Promoter Holding

Pre Issue Share Holding	68.18%
Post Issue Share Holding	54.61%

Related Articles

Kranti Industries IPO Subscription Status (Bidding Detail)

Kranti Industries IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	1,101,000	1,101,000	2,202,000
Feb 20, 2019 19:49	1.26x	1.31x	1.29x

Kranti Industries IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

Kranti Industries IPO Rating

3.9

Rating:

Vote Here ...

Kranti Industries IPO Listing Date

› Listing Date: Thursday, February 28, 2019
› BSE Script Code: 542459
› NSE Symbol:
› Listing In: MT
› ISIN: INE911T01010
› Issue Price: Rs 37 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 37.00
Rs 35.25
Rs 35.25
Rs 37.00
Rs 36.95
570,000

Kranti Industries IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

Company Contact Information

Kranti Industries Limited
Gat No.267/B/1,
Post Pirangut, Tal. Mulshi,
Pune- 412 115

Phone: +91-20-6675 5676
Email: cs@krantiindustries.com
Website: http://www.krantiindustries.com/

Kranti Industries IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: kranti.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Kranti Industries IPO Lead Manager(s)

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Useful Articles

Kranti Industries IPO Review / Comments

59. Priyanka Meghwal Mar 12, 2019 20:05

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=0ab839f5-ec80-4c02-afa2-12d23ef97562

Commercial production started for the JV of Rajkot. See company informs their investor out each and every activity unlike other sme listed company

58. Priyanka Meghwal Mar 7, 2019 18:03

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=8519617b-336c-4e8e-8fde-1c04bddba5d0

Intimation regarding Inauguration of Joint Venture named as KRANTI SFCI PVT LTD. pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Just 4 trading sessions of listing & company has mentioned about its Rajkot JV in prospectus & it has made the announcement. Good corporate governance

58.1. RT Mar 7, 2019 18:27

What does it mean? Kranti ka share badhega Kya ??

58.2. Priyanka Meghwal Mar 11, 2019 00:17

100 % badhega. Koi doubt he nahi hai. Corporate governance bahot Accha hai.

57. smeanalysts Feb 11, 2019 15:01

3 |

it is pathetic issue. please avoid at all cost.
high debt
no name for lead manager
have post losses for many years and just before ipo shown profit

smc global market maker have very bad track record .

Please avoid this as fair price is not more than 15 rs.

Load more comments (2 replies)

57.3. Small Investor Mar 1, 2019 16:03

IPO Mentor (700+ Posts, 200+ Likes)

@ Dinesh ji jb aapko phle hi Apply krne k li mna kiya tha to kyo Apply kiya h Is Ipo m
But now i think that Operator handle this stock as a same of Bright Solar
But Mindpool ne Mind khrab kr diya h Investors ka

57.4. Priyanka Meghwal Mar 7, 2019 17:42

Smeanalysts- aap Keh rahe thae ki yeh company 20 rs pe aa jaaygegi... lead manager fail ho jaayega.. abhi aapka kuch reply aa nahi raha hai... mindpool 25 rs & kranti 37 pe trade kar raha hai with good volume. Kuch boliye sir

56. RT Mar 1, 2019 17:02

Sab kuchh Ulta - pulta ho raha hai. Kamaai ka time gaya.

55. Small Investor Feb 28, 2019 12:58

IPO Mentor (700+ Posts, 200+ Likes)

Jisko UC pr hona chahiy wo LC pr h and jisko LCpr hona chhahiy wo UC pr h
Kranti on UC
Mindpool on LC

54. Small Investor Feb 28, 2019 09:53

IPO Mentor (700+ Posts, 200+ Likes)

Dear Admin please Upload Application Wise Subscription of Kranti and Mindpoll tch.

53. Priyansh Agrawal Feb 28, 2019 09:49

Sold 36.95

52. RAJAKUMAR Feb 28, 2019 09:06

IPO Mentor (900+ Posts, 600+ Likes)

Sold last lot at 36 No regret

52.1. Small Investor Feb 28, 2019 09:34

IPO Mentor (700+ Posts, 200+ Likes)

now UC

51. RAJAKUMAR Feb 28, 2019 08:50

1 |

IPO Mentor (900+ Posts, 600+ Likes)

i Booked loss in two lots at 35.25

51.1. shivani Feb 28, 2019 09:01

bad luck

50. Priyansh Agrawal Feb 26, 2019 16:40

Allotment out

49. Dinesh Singh Feb 25, 2019 09:14

Top Contributor (200+ Posts)

Allotment will be out taday.

48. Dinesh Singh Feb 18, 2019 10:11

1 |

Top Contributor (200+ Posts)

Due to possibility of conflict/war between India and Pakistan market may crash down.
Hence please think before applying to any IPO.
It is issued in the public interest.

Load more comments (3 replies)

48.4. SME AWARENESS Feb 18, 2019 12:22

U r correct sir, as of now i have seen HNI application is 80% of the total application, so i think we should apply. Plz suggest.

48.5. Dinesh Singh Feb 18, 2019 12:43

Top Contributor (200+ Posts)

It is 47% and not 80%.

47. SME AWARENESS Feb 17, 2019 20:45

Grey Market Premium is Rs. 4,500.Must apply for listing gain

47.1. SMEconsultants Feb 18, 2019 12:28

In Ahmedabad and Jaipur

46. smeanalysts Feb 14, 2019 10:13

1 |

It will be available below 25 rs after some time post listing . Clear avoid this high debt and previous loss making coMpany.

46.1. Anjali Khushlani Feb 16, 2019 11:00

Have u really gone through company's profile ...
The technology they have are very few in India...

46.2. SME AWARENESS Feb 17, 2019 12:06

Can u give the guarantee for this, as per my view 5% listing gain is sure shot.

45. SME AWARENESS Feb 17, 2019 11:53

After reviewing the company profile, my view is that investors should apply in this IPO for a fantastic return in long term, the same has been suggested by Dilip sir as well.

44. Anjali Khushlani Feb 16, 2019 10:58

Hi...
Looking to invest in both mind pool n kranti

Please suggest ...

43. Small Investor Feb 14, 2019 20:13

1 |

IPO Mentor (700+ Posts, 200+ Likes)

पुलवामा आतंकी हमले में शहीद हुये हमारे जांबाज, बहादुर ,हमारे रक्षक,जवानों को शत शत नमन । पकिस्तान मुर्दाबाद पकिस्तान मुर्दाबाद..

42. To The Point Feb 14, 2019 14:04

1 |

Looks a good buy, can make profit on listing

41. smeanalysts Feb 13, 2019 12:45

listing wale din discount opening

40. Stock Trading Advisor Feb 8, 2019 23:44

2 |

This message has been removed by a moderator.

Load more comments (4 replies)

40.5. smeanalysts Feb 12, 2019 17:27

1 |

i think you need to check your eyes number.
It is at 71.20 which is very nearby issue price and once cross 73 will reach 100 with no stopping

40.6. smeanalysts Feb 12, 2019 17:35

1 |

stockwatchwill face heavy loss as company will not pay him salary this month .
he is saying again and again back to back lower corcuit wherease it has not hit any LC since last 2 days
it is consolidating near issue price and will soon surpass 75 to cross 100+ in coming days

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