Krishna Defence And Allied Industries IPO Details

Krishna Defence IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Krishna Defence And Allied Industries Limited engaged in the diversified business of manufacturing defence application products, dairy equipment products and kitchen equipment. Check the Krishna Defence IPO Subscription Status & Allotment Status here

About Krishna Defence And Allied Industries

Krishna Defence And Allied Industries Limited engaged in the diversified business of manufacturing defence application products, dairy equipment products and kitchen equipments. The company entered into various licensing agreement with Defence Research and Development Organisation (“DRDO”) for obtaining the know-how and rights which enable us to manufacture and supply specialized defence application products for the Indian Armed Forces.

Under defence application, Krishna Defence provides a wide array of high performance products for naval applications and other utilities such as ship building steel bulb bar, special steel alloy bricks used as ballast weight for critical applications, super alloys weld consumables like welding wire, flux and electrodes, food container and improved space heating device, which is also known as bukhari.

Important Details – Krishna Defence And Allied Industries

DateDetails
1997The company was originally formed as a partnership firm under the Indian Partnership Act, 1932 in the name and style of “M/s. Krishna Industries”,
March 31, 2002The partnership firm was dissolved by mutual consent of the partners and the business of M/s. Krishna Industries was taken over by Mr. Ankur Ashwin Shah as a Proprietor.
April 01, 2011Thereafter a deed of partnership was formed between Mr.Ankur Ashwin Shah, Late Mr. Ashwin Natwarlal Shah, Mr. Dilip Natwarlal Shah, Mr. Kiran Brijmohandas Shah, Mr. Chetan Kuberdas Dharia, M/s Krish Commodities (India) Private Limited and M/s Krish Industries Private Limited to admit as partners in the proprietorship business running in the name and style of “Krishna Industries”
September 10, 2013Further “M/s Krishna Industries” was converted from partnership firm to a Private Limited Company in the name of “Krishna Allied Industries Private Limited”
September 27, 2021The company was converted from private limited company to public company
October 20, 2021The name of the company was changed from “Krishna Allied Industries Private Limited” to “Krishna Allied Industries Limited”
November 01, 2021The name of the company was subsequently changed from “Krishna Allied Industries Limited” to “Krishna Defence and Allied Industries Limited”

Objects of the Issue

  • To meet Working Capital requirements
  • General Corporate Purpose
  • To meet issue expenses

Krishna Defence And Allied Industries Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  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 income 2,098.20 3,618.84 2,572.37 5,890.85
Total Expenses 1,931.94 3,356.64 2,458.94 5,602.55
Profit After Tax 122.11 193.65 74.61 206.44

Krishna Defence IPO Price – Details

DescriptionKrishna Defence IPO Details
Public IssueInitial Public Issue of upto 30,48,000 Equity Shares of ₹ 10 (aggregating up to ₹ 11.89 Crore)
Issue Open  Date25-Mar-22
Issue Close Date29-Mar-22
Issue TypeBook Building
IPO Price Band₹ 37 –  ₹ 39
Face Value ₹ 10
Market Lot 3000 Equity Shares and in multiples thereof
Minimum Order Quantity 3000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolKRISHNADEF
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Krishna Defence IPO DRHP & RHP

Krishna Defence And Allied Industries IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,17,000
Maximum13000₹ 1,17,000

Krishna Defence IPO Lead Managers

  • Hem Securities Limited

Krishna IPO Registrar

Krishna Defence IPO Allotment Date, Listing Date and other Important Dates

Details Date
Bid / Offer Opens on 25-Mar-22
Bid / Offer Closes on 29-Mar-22
Finalisation of Basis of Allotment 01-Apr-22
Initiation of refunds  04-Apr-22
Credit of the Equity Shares 05-Apr-22
Listing Date 06-Apr-22

Company Peers – Comparison of Accounting Ratios

The company does not have any listed peers which are comparable in terms of business.

Company Registered Office

344, Floor-3, Plot-267,
A To Z Industrial Estate,
Ganapatrao Kadam Marg,
Lower Parel, Delisle Road,
Mumbai, Maharashtra, 400013
India
Website: www.krishnaallied.com

Company Promoters

  • Mr. Ankur Ashwin Shah

Krishna Defence And Allied Industries IPO – FAQS

What is the Krishna Defence IPO Price?

The Krishna Defence IPO price band is ₹ 37 – ₹ 39 per share

When Krishna Defence IPO will open?

The Krishna Defence IPO opens on Mar 25, 2022 and closes on Mar 29, 2022

What is the lot size of Krishna Defence IPO?

The Krishna Defence IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares

Who is the Registrar for Krishna Defence IPO?

The Registrar for Krishna Defence IPO is Bigshare Services Private Limited

How to apply in Krishna Defence IPO through UPI?

Check the step by step process here – Click here

How to apply in Krishna Defence IPO through Zerodha?

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