The Krishca Strapping Solutions IPO has begun on 16 May 2023. It will close on 19 May 2023. The Total IPO Size is 17.93 Crore. The company set its IPO price is 51-54 Rs Per Share. Basically, There are three basic categories in Krishca Strapping Solutions IPO Subscription 1) QIB 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs)
Krishca Strapping Solutions is established in 2017 at Sivakasi, Tamil Nadu.
Krishca Strapping Solutions is engaged as the Manufacturer and Wholesaler of Strapping Tool, Strapping Seal, etc. Their productsare high in demand due to their premium quality and affordable prices.
At their Chennai facility, Heat treated high tensile Steel Straps are manufactured using state-of-the-art equipment and supervised by expert metallurgists and engineers.
1) PLC Controlled automatic production line
2) Automated heat treatment process–Uniform grain structure
3) Pollution free production process – Lead free
4) Super Jumbo coils upto 500 Kgs
Check :- Upcoming SME IPO 2023
Peers
1) Usha Martin Ltd
2) Metal Coatings India Ltd.
Krishca Strapping Solutions IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Mr. Lenin Krishnamoorthy Balamanikandan | 49,30,232 | 0.074 |
| Total Pre Issue | 49,30,232 (56.35%) | |
* The company gives a bonus in the year of February 20, 2023 ( Ratio: 3:4 means 3 Bonus Equity Shares for 4 equity share).
Krishca Strapping Solutions IPO Date, Details & Price Band
| IPO Opening Dates | 16 May 2023 |
| IPO Closing Dates | 19 May 2023 |
| Price Band | 51-54 Rs Per Share |
| Fresh issue | 17.93 Crore |
| Total IPO size | 17.93 Crore |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| QIB | 50% |
| Non-Institutional | 15% |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Krishca Strapping Solutions IPO Market Lot
The Krishca Strapping Solutions IPO minimum market lot is 2000 shares With 1,08,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,08,000 Rs |
| Maximum | 1 | 2000 | 1,08,000 Rs |
| S-HNI (Min) | 2 | 4000 | 2,16,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 1,292.02 | 971.05 | -67.25 |
| 31-Mar-22 | 1,544.00 | 1,871.71 | 150.54 |
| 15-Feb-23 | 2,696.96 | 6,351.23 | 785.75 |
| EPS(₹) | NAV(₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-21 | (2.33) | (3.99) | 0.58 | 1337.48 |
| 31-Mar-22 | 3.01 | 3.19 | 0.94 | 939.28 |
| 15-Feb-23 | 15.71 | 18.91 | 0.83 | 1193.01 |
Krishca Strapping Solutions IPO GMP Grey Market Premium
Krishca Strapping Solutions IPO GMP Grey market premium has been started today. Check Latest Krishca Strapping Solutions IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Krishca Strapping Solutions IPO Prospectus
| DRHP | Download |
| RHP | Download |
Krishca Strapping Solutions IPO Reviews
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Krishca Strapping Solutions IPO Form Download
Krishca Strapping Solutions IPO is available on NSE Website as well as on our Portal. Please click here Krishca Strapping Solutions IPO form Download.
Krishca Strapping Solutions IPO Allotment Date & Details
| Allotment Date | 24 May 2023 |
| Initiation of refunds | 25 May 2023 |
| Transfer of shares to Demat accounts | 26 May 2023 |
| Listing Date | 29 May 2023 |
| Check Allotment Status | Click here |
Registrar of Krishca Strapping Solutions IPO
PURVA SHAREGISTRY INDIA PRIVATE LIMITED
Address: 9 Shiv Shakti Industrial Estate, J.R Boricha Marg, Lower Parel
(East), Mumbai- 400011, Maharashtra
Tel. No.: +91-022-2301 8261
Email id: [email protected]
Contact Person: Ms. Deepali Dhuri
SEBI Regn No. INR000001112
Krishca Strapping Solutions Contact Details
Krishca Strapping Solutions Limited
Building 01B,
LOGOS Mappedu Logistics Park Sathara,
Thiruvallur Taluk Thiruvallur District – 631203
Phone: +91-9884111098
Email: [email protected]
Website: http://www.krishcastrapping.com/
Krishca Strapping Solutions IPO Lead Managers
SHARE INDIA CAPITAL SERVICES PVT. LTD.
Address: A-15, Sector-64, Noida – 201301, Uttar Pradesh, India.
Tel No.: +91-0120-4910000
Email: [email protected]
Contact Person: Mr. Anand Srivastava
Website: www.shareindia.com
SEBI Registration No.: INM000012537
