Kranti Industries Limited IPO

BSE SME

Offer Date: Feb 14, 2019 - Feb 20, 2019

₹ 111000 /3000 Shares

IPO Details

14 Feb, 2019

Open Date

20 Feb, 2019

Close Date

26 Feb, 2019

Allotment Date

28 Feb, 2019

Listing Date

Issue Price

Rs 37/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Limited

Market Lot

3000 Shares (Rs 1,11,000/-)

Lead Manager

Fast Track Finsec Private Limited

Issue Size

Total issue of 23,19,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 8.58 Cr> Fresh issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 6.48 Cr> Offer for Sale of 5,67,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 2.10 Cr

Retail Portion

N/A

Subscription

28,41,000 1.29 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	11,01,000	11,01,000	22,02,000
Day 1 - 14-02-19	2,40,000 0.22 x	48,000 0.04 x	2,88,000 0.13 x
Day 2 - 15-02-19	4,68,000 0.43 x	81,000 0.07 x	5,49,000 0.25 x
Day 3 - 18-02-19	5,97,000 0.54 x	1,83,000 0.17 x	7,80,000 0.35 x
Day 4 - 19-02-19	6,96,000 0.63 x	3,57,000 0.32 x	10,53,000 0.48 x
Day 5 - 19-02-19	13,98,000 1.27 x	14,43,000 1.31 x	28,41,000 1.29 x

Valuations

Earnings Per Share (EPS)

Rs 1.02/-

P/E Ratio

36.20

RoNW

6.91%

Net Asset Value (Post Issue)

Rs 23.27/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Salebhai Internet Limited	5.56	NA	- (172.01)%	0.46
Infibeam Incorporation Limited	4.25	129.69	3.27%	836.72

- Promoter(s)

Company Promoter(s)

Mr. Sachin Subhash Vora
Mr. Sumit Subhash Vora
Mrs. Indubala Subhash Vora

IPO - Issue Objectives

Offer for Sale ( Rs 2.10 Cr )Company will not receive any proceeds from the Offer for Sale.
Fresh Issue ( Rs 6.48 Cr )(a) To meet working capital requirement. ( Rs 4.30 Cr )(b) General corporate purposes. ( Rs 1.38 Cr )(c) To meet the Offer expenses. ( Rs 0.80 Cr )

IPO - FAQs

Ans. Kranti Industries Limited IPO is a SME IPO. The issue is priced at Rs 37/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Feb 14, 2019, and closes on Feb 20, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Kranti Industries Limited IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.

Ans. The size of Kranti Industries Limited IPO is Total issue of 23,19,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 8.58 Cr> Fresh issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 6.48 Cr> Offer for Sale of 5,67,000 Equity Shares of Rs 10/- at a price of Rs 37/- per share aggregating to Rs 2.10 Cr.

Ans. The IPO price band is set between Rs 37/- Per Equity Share .

Ans. To apply for Kranti Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Kranti Industries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Kranti Industries Limited IPO is Feb 26, 2019.

Ans. The Kranti Industries Limited IPO will be listed on Feb 28, 2019.

Ans. Follow the steps to check the allotment status for Kranti Industries Limited IPO here.