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Kranti Industries Limited IPO

Kranti Industries Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 37.00 (+0.00%)

Having completed its public offering, Kranti Industries Limited's is now listed and trading on the BSE exchange as of 28-02-2019. The IPO raised cumulative capital of 23,19,000 Shares, including 16,35,000 Shares in primary capital infusion and ₹2.00 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹37 to ₹37 and minimum investment requirement of 3000 shares. subscription activity between 14-02-2019 and 20-02-2019 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 26-02-2019 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Kranti Industries IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Kranti Industries IPO Key Performance Indicator
Company Financials ( in Lakhs )

Kranti Industries IPO About Company

Incorporated in 1995, Pune-based Kranti Industries Limited manufactures and supplies precision machined components for both automotive and non-automotive sectors. The company produces automotive components ranging from 100 mm to 1200 mm, along with customized products for OEMs across passenger cars, electric vehicles, two-wheelers, tractors, construction machinery, off-highway vehicles, heavy trucks, and railways. Over the years, Kranti Industries has diversified into sectors including commercial vehicles, pneumatic tools, windmills, and medical equipment. Its key clients include Graziano Transmission India, John Deere India, CNH Industrial India, Carraro India, Jaya Hind Industries, Endurance Technologies, Neosym Industry, and Meltwel Scrap Traders. The company operates two manufacturing facilities in Pune, Maharashtra, employs 155 people (including temporary workers), and had an order book of approximately Rs. 660.34 lakhs as of November 30, 2018.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Kranti Industries IPO Strength Factors

  1. Over 20 Years of Experience: Brings extensive industry knowledge and expertise.
  2. Stable Customer Base: Top 10 customers contribute around 96% of domestic sales.
  3. Diverse Product Portfolio: Offers products catering to various market needs.
  4. Established Manufacturing Facilities: Located in a key automotive hub for efficient production.

Kranti Industries IPO Risk Factors

NA


Kranti Industries IPO Lead Manager(s)

  • Fast Track Finsec Private Limited

Kranti Industries IPO Promoter(s)

  1. Mr. Sachin Subhash Vora
  2. Mr. Sumit Subhash Vora
  3. Mrs. Indubala Subhash Vora

Kranti Industries IPO Company Details

Kranti Industries Limited
Phone:
address:

Kranti Industries IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Kranti Industries IPO FAQs