Krishna Defence and Allied Industries Limited
Bookbuilding IPO · NSE
- Price band
- ₹37 - ₹39
- Lot size
- 3,000 shares
- Issue amount
- ₹11.89 cr
- Total subscription
- 0×
- Opens
- 25 Mar 2022
- Closes
- 29 Mar 2022
- Allotment
- 1 Apr 2022
- Listing
- 6 Apr 2022
Offer at a glance
Issue overview
- Issue size
- 30,48,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,11,000
- Fresh issue
- ₹11.89 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,17,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 84,00,000
- Shares after issue
- 1,14,48,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,17,000 |
| HNI | 2 | 6,000 | ₹2,34,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Krishna Defence and Allied Industries Limited designs and manufactures products for defence, kitchen, and dairy industries. Established in 1996, the company has two manufacturing plants in Gujarat, located in Kalol and Halol near Vadodara. It offers a wide range of products, including ballast bricks, explosive containment vessels, automatic tyre killers, and crowd control barriers for security purposes. In the dairy sector, it provides bulk milk coolers, stainless steel milk cans, milking machines, cow grooming brushes, and heat recovery units. The company also produces kitchen equipment like daal cookers, rice cauldrons, and storage chutes, along with industrial products such as shipbuilding steel sections, welding consumables, and automated data monitoring systems for milk tanks. In 2020, Krishna Defence expanded into Homeland and Security products, introducing modular vehicle barriers, long-range LED searchlights, multi-purpose launchers, and other solutions for the Indian Armed Forces, Police, and Forest Department.
Strengths
- Diversified Product Range: Offers a wide variety of products to meet different needs.
- Precision Engineering Expertise: Capable of manufacturing complex and high-quality products.
- Strong R&D Focus: Drives innovation through robust research and development.
- Customer Relationships: Maintains long-term and trusted relationships with customers.
- Experienced Team: Backed by qualified management and a skilled employee base.
Promoters
Mr. Ankur Ashwin Shah
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
344, Floor-3, Plot-267, A To Z Industrial Estate, Ganapatrao Kadam Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, 400013
+91 22 4220 3800
[email protected]Company website ↗Understanding KRISHNADEF IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.