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Kranti Industries Ltd.

Kranti Industries Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹37
₹37
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹37
Based on GMP
Min. Investment
₹111,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Feb 2019
Close Date
20 Feb 2019
Allotment
26 Feb 2019
Listing Date
28 Feb 2019
Exchange
BSE SME
Price Band
₹37
Listing Price
See chart
Allotment Status
Price Band
₹37
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
23,19,000 shares (aggregating up to ₹8.58 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹111,000
1 lot
Pre-IPO Holding
70,50,000 shares
Promoters
Post-IPO Holding
88,02,000 shares
Promoters
UPI Deadline
2019-02-20
Mandate
Anchor AllotmentWed, 13 Feb 2019
Basis of AllotmentTue, 26 Feb 2019
Refund InitiationWed, 27 Feb 2019
Demat CreditWed, 27 Feb 2019
Listing DayThu, 28 Feb 2019
UPI Mandate Deadline2019-02-20
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public22,02,000 shares (aggregating up to ₹8.15 Cr)
Market Maker Quota1,17,000 shares (aggregating up to ₹0.4329 Cr)
Fresh Issue Shares16,35,000 shares (aggregating up to ₹6.05 Cr)
Offer for Sale5,67,000 shares of ₹10 (aggregating up to ₹2.10 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Kranti Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Feb 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
117,000
₹0.43
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,319,000
100% ₹8.58
IPO Shares Offered
Kranti Industries Ltd. IPO total issue size: ₹8.58 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 117,000 ₹0.43
5.05%
Total 2,319,000 ₹8.58
100.00%
* Based on upper price band ₹37 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹37.00
Upper Band
Min Investment
₹111,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹222,000
Retail (Max — 13 Lots)1339,000₹1,443,000
S-HNI (Min — 14 Lots)1442,000₹1,554,000
B-HNI (Min — 68 Lots)68204,000₹7,548,000
* Issue Price ₹37 × Lot Size 3,000 shares
IPO Schedule
Anchor
13 Feb 2019
✓ Done
IPO Open
14 Feb 2019
✓ Done
IPO Close
20 Feb 2019
✓ Done
Allotment
26 Feb 2019
✓ Done
Refunds
27 Feb 2019
✓ Done
Demat Credit
27 Feb 2019
✓ Done
Listing Day
28 Feb 2019
✓ Done
Kranti Industries Ltd. — Live Price LIVE
₹37.00
INR · BSE
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Issue ₹37.00 Live Price
About Kranti Industries Ltd.
Incorporated in 1995, Pune based Kranti Industries Limited is a company engaged in the business of manufacturing and supplying of precision machined components. The company is primarily known for a range of automotive component and non-automotive (off highway) components.The company manufactures different types of automotive components varying from 100 MM to 1200 MM in size. It also manufactures customized products for reputed Original Equipment Manufacturers (OEMs) of diverse industries such as passenger cars, electric cars, two-wheelers, light vehicles, tractors, construction machinery, off-highway, heavy trucks and railways etc.Over the years Kranti Industries has diversified its product portfolio. It currently caters to various sectors by developing components for automobile, commercial vehicle, construction, pneumatic tool, windmill, medical industry, etc.The company's client base includes Graziano Transmission India Pvt. Ltd, John Deere India Pvt. Ltd, CNH Industrial (India) Private Limited formerly known as (New Holland Fiat (I) Pvt. Ltd), Carraro India Pvt. Ltd, Jaya Hind Industries Limited, Endurance Technologies limited, Neosym Industry Limited (Sanaswadi) and Meltwel Scrap Traders, etc.The company has two manufacturing facilities located at Pune, Maharashtra.The current Order Book of the company, as on November 30, 2018, is approximately Rs 660.34 Lacs.The company has 155 employees (including temporary workers) on its payroll.Competitive Strengths:1. More than 20 years of experience2. Stable customer base with 10 largest customers accounting for around 96% of total domestic sales3. Diverse product portfolio catering to different market needs4. Well established manufacturing facilities located at automotive hub
Objects of the Issue
1
1 To Meet Working Capital Requirement
2
2 General corporate purposes
3
3 Offer Expenses
Kranti Industries Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹2,925.2
31-Mar-17
₹4,610.9
31-Mar-18
₹3,321.9
30-Sep-18
Profit After Tax (PAT)
₹92.9
31-Mar-17
₹90.0
31-Mar-18
₹137.1
30-Sep-18
Particulars30-Sep-1831-Mar-1831-Mar-17
Revenue from Operations 3321.91 4610.92 2925.19
EBITDA N/A N/A N/A
Profit After Tax (PAT) 137.14 89.97 92.85
Net Worth N/A N/A N/A
Total Assets 5015.10 4378.06 4401.16
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered23,19,000 (100.00%)
Net Offer to Public22,02,000 shares (aggregating up to ₹8.15 Cr)
Reserved for Market Maker1,17,000 shares (aggregating up to ₹0.4329 Cr)
Pre-Issue Promoter Holding70,50,000 shares
Post-Issue Promoter Holding88,02,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fast Track Finsec Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Kranti Industries Ltd. IPO subscribed?

Kranti Industries Ltd. IPO is subscribed 1.00 times by Feb 20, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Kranti Industries Ltd. IPO retail subscription status?

The Kranti Industries Ltd. IPO retail category is subscribed 1.00 times as of 20 Feb 2019. The retail portion is oversubscribed.

How to subscribe Kranti Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Feb 2019 and closes 20 Feb 2019. Min investment: ₹111,000 (1 lot = 3,000 shares). UPI mandate: 2019-02-20.

How many times Kranti Industries Ltd. IPO subscribed?

The Kranti Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kranti Industries Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Feb 2019. Refunds: on 27 Feb 2019.

When Kranti Industries Ltd. IPO will be listed?

The Kranti Industries Ltd. IPO listing date is 28 Feb 2019, Thursday. Listed on: BSE SME. Issue price: ₹37. Estimated listing: ₹37. GMP: NIL.

When Kranti Industries Ltd. IPO close?

The Kranti Industries Ltd. IPO closes on 20 Feb 2019, Wednesday. UPI mandate: 2019-02-20. Allotment: 26 Feb 2019. Listing: 28 Feb 2019.