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 Date | Mar 25, 2022 |
IPO Closing Date | Mar 29, 2022 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹37 to ₹39 per equity share |
Market Lot | 3000 Shares |
Min Order Quantity | 3000 Shares |
Listing At | NSE SME |
Issue Size | 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr) |
Fresh Issue | 3,048,000 Eq Shares of ₹10 (aggregating up to ₹11.89 Cr) |
QIB Shares Offered | 50% of the net offer |
Retail Shares Offered | 35% of the net offer |
NII (HNI) Shares Offered | 15% 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 :
Updated Soon.
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
Updated Soon
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.