Krishna Defence IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 25 Mar 2022 - 29 Mar 2022
Issue Size ₹11.89 Cr
Issue Price ₹37-39
Market Lot 3000 Shares
Shares on Offer 3,048,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda ₹15000
Listing Date 06-Apr-2022
Listing Price N/A
Listing Gain% N/A

About Krishna Defence and Allied Industries Limited

Krishna Defence & Allied Industries Limited formerly known as Krishna Allied Industries Ltd is among India’s very few manufacturing houses with comprehensive in-house capabilities of designing, developing, and manufacturing a wide range of equipment for Defence, Security, Dairy, and Mega Kitchen verticals.

The company’s manufacturing capability includes a wide range of critical assemblies and precision components with close tolerances made possible through in-depth know-how on metallurgy, precision machining, assembly, specialized fabrication facilities with a series of multi-level inspections during the production process.

Their core competencies include product prototype, design, and development, functional testing, validation, field testing, followed by verification, as well as Annual Maintenance Contracts, Service tele-support, and physical support to maintain the uptime of equipment. To extend longevity for our clients, we maintain an inventory of genuine spares that can support our equipment.

They offer a wide range of products under ‘Make in India’ to serve a wide array of Verticals from defence to dairy. Our defence & security verticals have aided the Indian Government to procure equipment within the nation, whereas earlier, they were dependent 100% on imports. Since 1996, our dairy equipment has encouraged hygienic Milk Collection & Storage while bringing a revolution in the industry. The Kitchen equipment assists the Governments and NGOs in serving mid-day meals in large organizations, schools, and remote locations.

Company Promoters

Mr. Ankur Ashwin Shah is the company promoter.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 5,620.06 6,141.36 6,599.65
Total Revenue (In ₹ Millions) 3,618.84 2,572.37 5,890.85
Profit After Tax (PAT) (In ₹ Millions) 193.65 74.61 206.44

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
05 Apr 2022 N/A N/A ₹15000

Krishna Defence and Allied Industries Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 25 Mar 2022
Day 2 - 28 Mar 2022
Day 3 - 29 Mar 2022

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Krishna Defence and Allied Industries Limited IPO FAQs

  1. When will Krishna Defence and Allied Industries Limited IPO open?

    Krishna Defence and Allied Industries Limited IPO will open on 25 Mar 2022 and close on 29 Mar 2022.

  2. What is the listing date of Krishna Defence and Allied Industries Limited IPO?

    Krishna Defence and Allied Industries Limited IPO will list on 06-Apr-2022.

  3. What is the offer price of Krishna Defence and Allied Industries Limited IPO?

    The offer price of Krishna Defence and Allied Industries Limited IPO is ₹37-39.

  4. What is the lot size of Krishna Defence and Allied Industries Limited IPO?

    The lot size of Krishna Defence and Allied Industries Limited IPO is 3000.

  5. What is the Grey Market Premium (GMP) price of Krishna Defence and Allied Industries Limited IPO?

    The Grey Market Premium (GMP) price of Krishna Defence and Allied Industries Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Krishna Defence and Allied Industries Limited IPO?

    The Kostak price of Krishna Defence and Allied Industries Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Krishna Defence and Allied Industries Limited IPO?

    The Subject to Sauda price for Krishna Defence and Allied Industries Limited IPO is ₹15000.

Krishna Defence and Allied Industries Limited IPO Review/Comments

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