Krishna Defence and Allied Industries Limited
IPO Details
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Krishna Defence and Allied Industries Limited's achieved publicly listed status following its IPO debut on Apr 06, 2022 at the NSE platform. The offering successfully mobilized 30,48,000 Shares, with 30,48,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹37 to ₹39, starting from minimum lots of 3000 shares. The subscription window from Mar 25, 2022 through Mar 29, 2022 enabled investor participation across market segments.
Share allocation was completed on Apr 01, 2022, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
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.
Krishna Defence and Allied Industries Limited designs and manufactures products for defence, kitchen, and dairy industries. Established in 1996, the company has two manufacturing plants in Gujarat, located in Kalol and Halol near Vadodara. It offers a wide range of products, including ballast bricks, explosive containment vessels, automatic tyre killers, and crowd control barriers for security purposes. In the dairy sector, it provides bulk milk coolers, stainless steel milk cans, milking machines, cow grooming brushes, and heat recovery units. The company also produces kitchen equipment like daal cookers, rice cauldrons, and storage chutes, along with industrial products such as shipbuilding steel sections, welding consumables, and automated data monitoring systems for milk tanks. In 2020, Krishna Defence expanded into Homeland and Security products, introducing modular vehicle barriers, long-range LED searchlights, multi-purpose launchers, and other solutions for the Indian Armed Forces, Police, and Forest Department.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Product Range: Offers a wide variety of products to meet different needs.
- Precision Engineering Expertise: Capable of manufacturing complex and high-quality products.
- Strong R&D Focus: Drives innovation through robust research and development.
- Customer Relationships: Maintains long-term and trusted relationships with customers.
- Experienced Team: Backed by qualified management and a skilled employee base.
NA
- Mr. Ankur Ashwin Shah
Krishna Defence and Allied Industries Limited
Bigshare Services Private Limited