Krishca Strapping IPO Date, GMP, Review, Price, Details

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


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 Reviews

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Prabhudas Lilladher – Update Soon

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

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]

Krishca Strapping Solutions IPO Lead Managers

Address: A-15, Sector-64, Noida – 201301, Uttar Pradesh, India.
Tel No.: +91-0120-4910000
Email: [email protected]
Contact Person: Mr. Anand Srivastava
SEBI Registration No.: INM000012537

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