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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 OpenFeb 14, 2019 - Feb 20, 2019
Issue TypeFixed Price Issue IPO
Issue Size2,319,000 Eq Shares of ₹10
(aggregating up to ₹8.58 Cr)
Fresh Issue1,752,000 Eq Shares of ₹10
(aggregating up to ₹6.68 Cr)
Offer for Sale567,000 Eq Shares of ₹10
(aggregating up to ₹2.10 Cr)
Face Value₹10 Per Equity Share
Issue Price₹37 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Kranti Industries IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹111,000
Maximum13000₹111,000

Kranti Industries IPO Promoter Holding

Pre Issue Share Holding68.18%
Post Issue Share Holding54.61%

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

Kranti Industries IPO Rating

78
3.9
Rating:Rated 3.9 stars

Vote Here ...

Kranti Industries IPO Listing Date

Listing DateThursday, February 28, 2019
BSE Script Code542459
NSE Symbol
Listing InMT
ISININE911T01010
Issue Price₹37 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
₹37.00
₹35.25
₹35.25
₹37.00
₹36.95
570,000

Kranti Industries IPO Reviews / Ratings

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 FAQs

  1. 1. What is Kranti Industries IPO?

    Kranti Industries IPO is an SME initial public offering of 2,319,000 equity shares of the face value of ₹10 aggregating up to ₹8.58 Crores.

    The issue price of the IPO is ₹37 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Kranti Industries IPO will open?

    The Kranti Industries IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.

  3. 3. How to apply for Kranti Industries IPO?

    Kranti Industries IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Kranti Industries IPO allotment?

    The finalization of Basis of Allotment for Kranti Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kranti Industries IPO allotment status.

  5. 5. When is Kranti Industries IPO listing date?

    The Kranti Industries IPO listing date is on Thursday, February 28, 2019, at BSE SME.

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Kranti Industries IPO Review / Comments

Priyanka Meghwal
59. Priyanka Meghwal  Mar 12, 2019 20:05 I Like It. | Report Abuse
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
Priyanka Meghwal
58. Priyanka Meghwal  Mar 7, 2019 18:03 I Like It. | Report Abuse
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
RT
58.1. RT  Mar 7, 2019 18:27 I Like It. | Report Abuse
What does it mean? Kranti ka share badhega Kya ??
Priyanka Meghwal
58.2. Priyanka Meghwal  Mar 11, 2019 00:17 I Like It. | Report Abuse
100 % badhega. Koi doubt he nahi hai. Corporate governance bahot Accha hai.
RT
57. RT  Mar 1, 2019 17:02 I Like It. | Report Abuse
Sab kuchh Ulta - pulta ho raha hai. Kamaai ka time gaya.
Small Investor
56. Small Investor  Feb 28, 2019 12:58 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ 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
Small Investor
55. Small Investor  Feb 28, 2019 09:53 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dear Admin please Upload Application Wise Subscription of Kranti and Mindpoll tch.
Priyansh Agrawal
54. Priyansh Agrawal  Feb 28, 2019 09:49 I Like It. | Report Abuse
Sold 36.95
RAJAKUMAR
53. RAJAKUMAR  Feb 28, 2019 09:06 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Sold last lot at 36 No regret
Small Investor
53.1. Small Investor  Feb 28, 2019 09:34 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
now UC
RAJAKUMAR
52. RAJAKUMAR  Feb 28, 2019 08:50 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
i Booked loss in two lots at 35.25
shivani
52.1. shivani  Feb 28, 2019 09:01 I Like It. | Report Abuse
bad luck
Priyansh Agrawal
51. Priyansh Agrawal  Feb 26, 2019 16:40 I Like It. | Report Abuse
Allotment out
Dinesh Singh
50. Dinesh Singh  Feb 25, 2019 09:14 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Allotment will be out taday.
Dinesh Singh
49. Dinesh Singh  Feb 18, 2019 10:11 I Like It. 1 | Report Abuse
Top Contributor 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.
SME AWARENESS
49.4. SME AWARENESS  Feb 18, 2019 12:22 I Like It. | Report Abuse
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.
Dinesh Singh
49.5. Dinesh Singh  Feb 18, 2019 12:43 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
It is 47% and not 80%.
SME AWARENESS
48. SME AWARENESS  Feb 17, 2019 20:45 I Like It. | Report Abuse
Grey Market Premium is Rs. 4,500.Must apply for listing gain
SMEconsultants
48.1. SMEconsultants  Feb 18, 2019 12:28 I Like It. | Report Abuse
In Ahmedabad and Jaipur
smeanalysts
47. smeanalysts  Feb 14, 2019 10:13 I Like It. 1 | Report Abuse
It will be available below 25 rs after some time post listing . Clear avoid this high debt and previous loss making coMpany.
Anjali Khushlani
47.1. Anjali Khushlani  Feb 16, 2019 11:00 I Like It. | Report Abuse
Have u really gone through company's profile ...
The technology they have are very few in India...

SME AWARENESS
47.2. SME AWARENESS  Feb 17, 2019 12:06 I Like It. | Report Abuse
Can u give the guarantee for this, as per my view 5% listing gain is sure shot.
SME AWARENESS
46. SME AWARENESS  Feb 17, 2019 11:53 I Like It. | Report Abuse
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.
Anjali Khushlani
45. Anjali Khushlani  Feb 16, 2019 10:58 I Like It. | Report Abuse
Hi...
Looking to invest in both mind pool n kranti

Please suggest ...
Small Investor
44. Small Investor  Feb 14, 2019 20:13 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
पुलवामा आतंकी हमले में शहीद हुये हमारे जांबाज, बहादुर ,हमारे रक्षक,जवानों को शत शत नमन । पकिस्तान मुर्दाबाद पकिस्तान मुर्दाबाद..
To The Point
43. To The Point  Feb 14, 2019 14:04 I Like It. 1 | Report Abuse
Looks a good buy, can make profit on listing
smeanalysts
42. smeanalysts  Feb 13, 2019 12:45 I Like It. | Report Abuse
listing wale din discount opening
Stock Trading Advisor
41. Stock Trading Advisor  Feb 8, 2019 23:44 I Like It. 2 | Report Abuse
This message has been removed by a moderator.
smeanalysts
41.5. smeanalysts  Feb 12, 2019 17:27 I Like It. 1 | Report Abuse
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
smeanalysts
41.6. smeanalysts  Feb 12, 2019 17:35 I Like It. 1 | Report Abuse
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
smeanalysts
40. smeanalysts  Feb 12, 2019 11:52 I Like It. | Report Abuse
POSTING HEAVY LOSSES IN PREVIOUS YEARS AND ALSO HAVE HEAVY DEBT

THE LEAD MANAGER IS NEW WITH NOONE HAS EVER KNOWN ITS NAME

SMC GLOBAL HAS BAD REPUTATION

DOES ANYONE STILL WANT TO APPLY?



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