Krishna Defence and Allied Industries Limited IPO

NSE SME

Listed On: Apr 6, 2022 at ₹ 75.0

₹ 117000 /3000 Shares

Check Allotment

IPO Details

25 Mar, 2022

Open Date

29 Mar, 2022

Close Date

01 Apr, 2022

Allotment Date

06 Apr, 2022

Listing Date

Issue Price

₹37-39 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

75.0

Listing Date

2022-04-06

Market Lot

3000 Shares (₹117,000/-)

Lead Manager

Hem Securities Limited

Issue Size

3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr)

Retail Portion

N/A

Subscription

74.77 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,443,000 / 435,000	1,014,000	2,892,000
Day 1 - 25-03-22 05:00 PM	QIB-0.00x NII-5.21 x	18.60 x	7.30 x
Day 2 - 28-03-22 05:00 PM	QIB-1.48x NII-11.66 x	51.71 x	20.63 x
Day 3 - 29-03-22 05:00 PM	QIB-8.84x NII-159.90 x	132.08 x	74.77 x

Valuations

Earnings Per Share (EPS)

₹1.69/-

P/E Ratio

23.06

RoNW

10.74%

Net Asset Value (NAV) - Post Issue

₹21.46/-

Company Financials All values are in ₹ Cr.

	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	58.04	56.20	61.41	65.99
Revenue	20.98	36.18	25.72	58.90
Profit After Tax	1.22	1.93	0.74	2.06

About The Company

Krishna Defence and Allied Industries Limited develops, manufactures, and designs Defence Application Products, Kitchen and Dairy Equipment Products. The company was incorporated in 1996 and has two manufacturing plants located in Gujarat, Kalol and Halol district near Vadodara.The company manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Milk Cooling Tanks or Bulk Milk Coolers, Solar Powered Milk Cooling Tanks, I-Data (Automated Data Monitoring System for Milk Tanks), Heat Recovery Unit, Auto-CIP system Containerized Milk Procurement Unit, Milking Machine, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section, Weld Consumables, etc.Krishna Defence and Allied Industries started a new vertical in 2020 which manufactures and markets Homeland & Security products like Modular Vehicle Barrier, Automatic Tyre Killer, Multi-purpose Launcher, and Long-Range LED Searchlight to be used by the Indian Armed Forces, Forest Department, Police Department, etc.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.38%

Company Promoter(s)

Mr. Ankur Ashwin Shah

IPO - Issue Objectives

To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.

IPO - FAQs

Ans. Krishna Defence and Allied Industries Limited IPO is a SME IPO. The issue is priced at ₹37-39 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 25, 2022, and closes on Mar 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Krishna Defence and Allied Industries Limited IPO opens on Mar 25, 2022 and closes on Mar 29, 2022.

Ans. The size of Krishna Defence and Allied Industries Limited IPO is 3,048,000 Eq Shares of ₹10(aggregating up to ₹11.89 Cr).

Ans. The IPO price band is set between ₹37-39 per equity share.

Ans. To apply for Krishna Defence and Allied Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Krishna Defence and Allied 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 Krishna Defence and Allied Industries Limited IPO is Apr 1, 2022.

Ans. The Krishna Defence and Allied Industries Limited IPO will be listed on Apr 6, 2022.

Ans. Follow the steps to check the allotment status for Krishna Defence and Allied Industries Limited IPO here.