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 19, 2019 11:09	0.55x	0.17x	0.36x

Kranti Industries IPO Prospectus

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› Red Herring Prospectus

Kranti Industries IPO Rating

3.9

Rating:

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Kranti Industries IPO Reviews / Ratings

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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   »  Report
   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

49. Dinesh Singh Feb 18, 2019 10:11

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)

49.4. 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.

49.5. Dinesh Singh Feb 18, 2019 12:43

It is 47% and not 80%.

48. SME AWARENESS Feb 17, 2019 20:45

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

48.1. SMEconsultants Feb 18, 2019 12:28

In Ahmedabad and Jaipur

47. 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.

47.1. Anjali Khushlani Feb 16, 2019 11:00

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

47.2. SME AWARENESS Feb 17, 2019 12:06

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

46. 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.

45. Anjali Khushlani Feb 16, 2019 10:58

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

Please suggest ...

44. Small Investor Feb 14, 2019 20:13

1 |

IPO Mentor (600+ Posts, 200+ Likes)

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

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

1 |

Looks a good buy, can make profit on listing

42. smeanalysts Feb 13, 2019 12:45

listing wale din discount opening

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

2 |

This message has been removed by a moderator.

Load more comments (4 replies)

41.5. 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

41.6. 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

40. smeanalysts Feb 12, 2019 11:52

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?

39. smeanalysts Feb 12, 2019 10:11

Stay away market maker is smc gLobal with very bad reputation

38. smeanalysts Feb 11, 2019 13:03

Value investing growth
Stop making Nonsense comments. Ritco listed at 77
There has been no lc on Friday as well as today. Stock will perform good even in long run. Just wait and watch.

Load more comments (8 replies)

38.1. Valueinvestinggrowth Feb 11, 2019 13:16

Smeanalysts- if you can see bse website today currently stock is trading at Rs 69.55 which is 4.6% low. Stock was issued at Rs 73. (73-69.55) Rs 3.45 Loss . Please check sir. Counter has no takers. Investors panicking. If company is good why the issue is trading below issue price

38.2. Dinesh Singh Feb 11, 2019 13:18

Check the last traded price of Ritco today.
It is 69.55 below the issue price of 72.
Investor suffered losses in this issue. Only few lucky investors made made profit who exists at pre open price on listing day.

38.3. smeanalysts Feb 11, 2019 13:36

2 |

This is just consolidating nearby issue price. There is no losses .You will see great returns in coming time. Meanwhile just wait for listing of kranti industries which will be damp squib

38.4. smeanalysts Feb 11, 2019 13:39

Dinesh check price on Friday. It crossed 74 too. I think you should look into all price for each day rather than just the lowest price for the day.

38.5. Valueinvestinggrowth Feb 11, 2019 13:43

Smyanalyst- I am talking about RITCO & you are talking about kranti listing. My question to you is if company is so good why stock price going down. And that too heavy free fall. Explain about this. You have recommended to every one Ritco. On what basis. I strongly believe company has paid you for RITCo marketing. I guess Smeanalysts is agent of some merchant banker

38.6. smeanalysts Feb 11, 2019 14:58

1 |

RITCO HAS LISTED AT 77. ON Friday too it crossed 74. even today in weak market it is nearby issue price

can you please explain what loss are your talking about in ritco
i recommened xelmoc design,surani steel and ritco and all 3 have given good retruns to everyone.
even ritco is nearby issue price
when market will move higher this stock will zoom too

38.7. smeanalysts Feb 11, 2019 15:06

valueinvestinggrowth u r company agent.
ritco today has 2 crore amount share traded and you are saying no takers.
please check the buy quantity. just wait for few days it will great return to investor.

you are promoting Kranti industries which us a fraud company who has increased and shown profit only in 2018 and earlier was heavy loss making company,there is no record of lead manager and the LM will run away post this issue .
you will see the poor listing of kranti industries which will have no takers.

38.8. kuntal patil Feb 11, 2019 15:33

1 |

I seen bulk deal happening in this counter between 71 to 73 . almost 80% retails are sold out their position . heavy buying support at 71 to 73 range . even i feel it will gradually move from this level . I am having one lot .

38.9. Priyanka Meghwal Feb 11, 2019 23:19

Smeanalysts- anyone disagrees with you become company's agent. I simple said the Ritco price nose dived. Now whether volume happens or not investor lost money. And please don't be abusive.

38.10. smeanalysts Feb 12, 2019 08:41

Can you please explain how and when ritco price nosedived. Do you know meaning of nosedive. Noone lost anything in ritco but in kranti everyone will lose money

37. Darsh ipo Feb 11, 2019 23:13

Rajkot which broker give a 1000 and 3500 rs...in kranti...plz...telll

36. smeanalysts Feb 11, 2019 17:12

1 |

people it will list at discount. see the company agents work is only to promote this company shows they have no confidence on getting issue subscribed.

lets make it no subscription at all and let company agent subscribe and put fake bids

35. 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.

34. Small Investor Feb 11, 2019 14:57

IPO Mentor (600+ Posts, 200+ Likes)

I Will go for Apply in Kranti and Mindpool

33. Priyanka Meghwal Feb 11, 2019 13:47

Kranti industry- Application rate Rs 1000
S to S: 3500
Rajkot broker quoted

32. Valueinvestinggrowth Feb 11, 2019 12:52

1 |

Smeanalysts- you are making your own fun. Plz check the ritco price. It is seller circuit and readin at Rs 69.55. Investors have bleeded heavily on your recommended. Back to back seller circuit in ritco. Beware from smeanalyst

31. smeanalysts Feb 11, 2019 06:40

1 |

This company has been posting losses earlier and just before IPO it came into profits. They have huge debt and low profits. Also market maker is not trustworthy with earlier bad track record. Please avoid this otherwise get ready to lose money.

30. Tally Experts Feb 9, 2019 11:14

mujhe SME IPO m Invest krna h koi bta sakta h inme se konsa Stock Acha Rhega
Innovators fasad
softtech engineers
oswal seeds
lexus granito
CMM Projects
Sarveshwar Foods
Jhandewala Foods
Lagnam Spintex
kyoki all above stock are below issue prices and Resealable prices
pls help

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