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
- Krishna Defence IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Krishna Defence And Allied Industries
- Important Details – Krishna Defence And Allied Industries
- Objects of the Issue
- Krishna Defence And Allied Industries Limited Financials:
- Krishna Defence IPO Price – Details
- Krishna Defence IPO DRHP & RHP
- Krishna Defence And Allied Industries IPO Lot Size
- Krishna Defence IPO Lead Managers
- Krishna IPO Registrar
- Krishna Defence IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Krishna Defence And Allied Industries IPO – FAQS
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
| Date | Details |
|---|---|
| 1997 | The 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, 2002 | The 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, 2011 | Thereafter 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, 2013 | Further “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, 2021 | The company was converted from private limited company to public company |
| October 20, 2021 | The name of the company was changed from “Krishna Allied Industries Private Limited” to “Krishna Allied Industries Limited” |
| November 01, 2021 | The 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
| Description | Krishna Defence IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 30,48,000 Equity Shares of ₹ 10 (aggregating up to ₹ 11.89 Crore) |
| Issue Open Date | 25-Mar-22 |
| Issue Close Date | 29-Mar-22 |
| Issue Type | Book 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 Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | KRISHNADEF |
| 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
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,17,000 |
| Maximum | 1 | 3000 | ₹ 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?
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How to apply in Krishna Defence IPO through Zerodha?
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