PS www.ProStocks.com
|
|
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.
Competitive Strengths:
| IPO Date | Mar 25, 2022 to Mar 29, 2022 |
| Listing Date | Apr 6, 2022 |
| Face Value | ₹10 per share |
| Price | ₹37 to ₹39 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 3,048,000 shares (aggregating up to ₹11.89 Cr) |
| Fresh Issue | 3,048,000 shares (aggregating up to ₹11.89 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | 1,443,000 (49.90%) |
| NII (HNI) Shares Offered | 435,000 (15.04%) |
| Retail Shares Offered | 1,014,000 (35.06%) |
| Market Maker portion | 156,000 shares |
| Total Shares Offered | 2,892,000 |
krishna defence ipo opens on Mar 25, 2022, and closes on Mar 29, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 25, 2022 |
| Closing Date | Mar 29, 2022 |
| Basis of Allotment | Apr 1, 2022 |
| Initiation of Refunds | Apr 4, 2022 |
| Credit of Shares to Demat | Apr 5, 2022 |
| Listing Date | Apr 6, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The krishna defence ipo lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹117,000 |
| Retail (Max) | 1 | 3000 | ₹117,000 |
| Lot Size Calculator | |||
Mr. Ankur Ashwin Shah is the company promoter.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.38% |
The krishna defence ipo is subscribed 74.84 times on Mar 29, 2022 5:00:00 PM. The public issue subscribed 132.28 times in the retail category, 8.84 times in the QIB category, and 159.90 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 8.84 |
| NII | 159.90 |
| Retail | 132.28 |
| Total | 74.84 |
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 5,804.14 | 5,620.06 | 6,141.36 | 6,599.65 | |
| Total Revenue | 2,098.20 | 3,618.84 | 2,572.37 | 5,890.85 | |
| Profit After Tax | 122.11 | 193.65 | 74.61 | 206.44 | |
[Dilip Davda] The company kept changing its business over the last few years. All these segments are poised for rising competition. KDAIL has posted inconsistency in its financial performances so far. The sustainability of margins remains a major concern. Based on the financial data, the issue appears fully priced. Considering all these, cash surplus /risk seekers may consider investment with a long-term perspective. Read detail review...
The company intends to utilize the proceeds of the Issue to meet the following objectives:
| Listing Date | Apr 6, 2022 |
| BSE Script Code | |
| NSE Symbol | KRISHNADEF |
| ISIN | INE0J5601015 |
| Final Issue Price | ₹39 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹39.00 |
| ₹75.00 |
| ₹72.00 |
| ₹78.75 |
| ₹78.75 |
Krishna Defence and Allied Industries Limited
344, Floor-3, Plot-267, A To Z Industrial Estate,
Ganapatrao Kadam Marg, Lower Parel,
Delisle Road, Mumbai, Maharashtra, 400013
Phone: +91 22 4220 3800/99
Email: cs@krishnaallied.com
Website: http://www.krishnaallied.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
krishna defence ipo is a SME IPO of 3,048,000 equity shares of the face value of ₹10 aggregating up to ₹11.89 Crores. The issue is priced at ₹37 to ₹39 per 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.
Zerodha customers can apply online in krishna defence ipo using UPI as a payment gateway. Zerodha customers can apply in krishna defence ipo by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in krishna defence ipo through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The krishna defence ipo opens on Mar 25, 2022 and closes on Mar 29, 2022.
krishna defence ipo lot size is 3000 Shares and the minimum order quantity is .
You can apply in krishna defence ipo online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for krishna defence ipo will be done on Apr 1, 2022, and the allotted shares will be credited to your demat account by Apr 5, 2022. Check the krishna defence ipo allotment status.
Top Contributor (400+ Posts, 100+ Likes)
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
IPO Guru (3800+ Posts, 4300+ Likes)
IPO Mentor (700+ Posts, 400+ Likes)
