Krishna Defence and Allied Industries Limited IPO

Krishna Defence and Allied Industries Ltd IPO Review

Krishna Defence manufactures defence application items, dairy equipment products, and culinary equipment. The business has engaged into numerous licence agreements with the Defence Research and Development Organisation (DRDO) to get the know-how and rights necessary to produce and deliver specialised defence application goods to the Indian Armed Forces. It offers a wide range of high-performance products for naval applications and other utilities, including special steel alloy bricks used as ballast weight for critical applications, ship building steel bulb bar, super alloys weld consumables such as welding wire, flux, and electrodes, food container, and improved space heating device.

The firm began manufacturing dairy equipment in 1997, eventually adding goods such as stainless-steel milk cans, milk cooling tanks or bulk milk coolers, milking machines, cow brooming brushes, and robotic milk collection units. The business obtained a patent for the creation of an automated milk analysis and collecting equipment known as the Robotic Milk Collection Unit (RMCU) that is valid until 2035.

In 2010, the firm moved into the production of Kitchen Equipment and began producing Bulk Cooking Equipment such as Rice Cauldrons, Dal Cauldrons, Braising Pans, Distribution Vessels, Rice Chute, and Dal Storage Tanks. In 2020, the firm will also enter a new business area of manufacturing and selling Homeland & Security goods, with plans to produce Modular Vehicle Barrier, Automatic Tyre Killer, Multi-purpose Launcher, and other items.

IPO Opening DateMar 25, 2022
IPO Closing DateMar 29, 2022
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹37 to ₹39 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME
Issue Size3,048,000 Eq Shares of ₹10
(aggregating up to ₹11.89 Cr)
Fresh Issue3,048,000 Eq Shares of ₹10
(aggregating up to ₹11.89 Cr)
QIB Shares Offered50% of the net offer
Retail Shares Offered35% of the net offer
NII (HNI) Shares Offered15% of the net offer

 

FY2021

H1 FY2022

Revenue

3,618.84

2,098.20

Expenses

3,356.64

1,931.94

Net income

193.65

122.12

 

 

FY2019

FY2020

Revenue

5,890.85

2,572.37

Expenses

5,602.55

2,458.94

Net income

206.44

74.61

Earnings Per Share (EPS): INR2.31

Pre-IPO Price/Earnings (PE ratio): Coming soon

Return on Net Worth (RONW): 10.74%

Net Asset Value (NAV): INR21.46 per share

Listing Performance of Krishna Defence IPO

Listed On : April 6, 2022

Issue Price : ₹37 to ₹39 per equity share

Listing Day Close :

Listing Day Gain :

NSE :

ISIN CODE : 

BSE :

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

IPO Opening Date

25 March 2022

IPO Closing Date

29 March 2022

Finalisation of Basis of Allotment

1 April 2022

Initiation of refunds

4 April 2022

Transfer of shares to demat accounts

5 April 2022

Listing Date

6 April 2022

Opening Price on NSE

Coming soon

Closing Price on NSE

Coming soon

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: www.krishnaallied.com

Bigshare Services Private Limited

1st Floor, Bharat Tin Works Building,

Makwana Road, Marol,

Andheri East, Mumbai – 400 059,

Maharashtra

Phone: +91 22 6263 8200

Fax. No.: +91 22 6263 8280

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com

Krishna Defence IPO FAQ's

The Krishna Defence IPO is a BSE SME IPO of ₹37 to ₹39 per equity share with a face value of 10 per equity share. 

The issue size is priced at 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr).  

The fresh issue size priced at 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr).

The initial public offering (IPO) begins on Mar 25, 2022 and ends on Mar 29, 2022.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

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

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

The finalisation of Basis of Allotment for Krishna Defence IPO will be done on 1 April 2022. and the allotted shares will be credited to your demat account by April 5, 2022. Check the Krishna Defence IPO status.

The Krishna Defence IPO listing date is on April 6, 2022.

Krishna Defence IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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