Krishna defence and allied industries IPO develops, manufactures, and designs Defence Application Products, Kitchen and Dairy Equipment Products.
Krishna defence and allied industries IPO – Overview
| IPO Dates | 25- 29 March 2022 |
| IPO Price | INR 51 per share |
| Fresh issue | 480,000 shares (INR 2.45 crore) |
| Offer For Sale | Nil |
| Total IPO size | 480,000 shares (INR 2.45 crore) |
| Minimum bid (lot size) | 1000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Krishna defence and allied industries IPO – Tentative Dates
| IPO Offer Opening Date | 25 March 2022 |
| IPO Closing Date | 29 March 2022 |
| Finalization of Basis of Allotment | 01 April 2022 |
| Initiation of refunds | 04 April 2022 |
| Transfer of shares to demat accounts | 05 April 2022 |
| IPO Listing Date | 06 April 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
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.
Strengths:
- We offer a diversified range of products.
- Precision engineering expertise with complex product manufacturing capability.
- Strong R&D capabilities with a focus on innovation.
- Long-Standing Relationship with our customers.
- Experienced Qualified Management and Employee base.
Objectives of the issue
- Funding the working capital requirements of the company.
- General Corporate Purposes.
Company Financials
| Particulars | 31- Sept -21 | 31-March -21 | 31-Mar-20 |
| Total Assets | 5,620.06 | 6,141.36 | 6,599.65 |
| Total Revenue | 3,618.84 | 2,572.37 | 5,890.85 |
| Profit After Tax | 193.65 | 74.61 | 206.44 |
Company Contact Information
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/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
