Tuesday, January 29, 2019

Kranti Industries IPO Dates, Review, Price Band, Allotment & Market Lot

Kranti Industries is incorporated 1995 based in Maharashtra. The company is a manufacturer and supplier of precision machined components. The company become one of India's biggest critical Automotive Component and Non-Automotive (off Highway) component suppliers. The company has client list includes Oerlikon, New Holland Fiat Group, John Deere, Carraro, Bharat Gears, Endurance Technologies, Mahindra and many others have been associated with Kranti Industries over a long period of time. They make critical machinery for automotive commercial vehicles, agricultural machinery, construction machinery, and several other complex gears required in building big machines. Kranti Industries make customized products for passenger cars, electric cars, two wheelers, tractors, construction machinery, railways, light vehicles, off-highway, heavy trucks etc. Kranti Industries ipo is starting from 14-Feb and ends on 20-Feb. The price band is around Rs.37 with 3000 market lot. The ipo size is around Rs.8.58 crore rupees.

IPO Review:
  • Risky
Kranti Industries IPO Dates & Price Band:
  • IPO Open: 14-February-2019
  • IPO Close: 20-February-2019
  • IPO Size: Approx Rs 8.58 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.37 Per Equity Share
  • Listing on: BSE SME
  • Shares: 23,88,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 3000 Shares (Minimum Lot Size)
  • Amount: Rs.1,11,000
IPO Allotment & Listing:
  • Basis of Allotment: 26-February-2019
  • Refunds: 27-February-2019
  • Credit to demat accounts: 28-February-2019
  • Listing: 01-March-2019
Financial Results:
  Rs. in Crore
Revenue Assets PAT
2015 - - -
2016 28.84 28.98 -0.21
2017 29.25 30.37 -0.93
2018 46.11 45.50 0.90
2019 (H1) 33.22 31.19 1.37

Kranti Industries IPO Important Links:

Kranti Industries IPO Allotment Status:
Company Promoters:
  • Mr Sachin Subhash Vora
  • Mr Sumit Subhash Vora
  • Mrs Indubala Subhash Vora
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: kranti.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

IPO Lead Managers:
  • Fast Track Finsec Pvt Ltd
Company Address:
Kranti Industries Limited
Gat No.267/B/1
Post Pirangut, Tal. Mulshi
Pune- 412 115, Maharashtra
Phone: +91 20 6675 5676
Email: investor@krantiindustries.com
Website: www.krantiindustries.com