Krishna Defence & Allied Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,443,000 (47%) | — | ₹563 Cr |
| NII (HNI) | — | 435,000 (14%) | — | ₹170 Cr |
| Retail | — | 1,014,000 (33%) | — | ₹395 Cr |
| Market Maker | — | 156,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 3,048,000 (100%) | — | ₹11,887 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹117,000 |
| Retail (Max) | 13 | 39,000 | ₹1,521,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,638,000 |
| B-HNI (Min) | 67 | 201,000 | ₹7,839,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 2,098 | 3,619 | 2,572 |
| Profit After Tax | 122 | 194 | 75 |
| Total Assets | 5,804 | 5,620 | 6,141 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Working Capital requirements – 9.00
- 2 General Corporate Purpose – 1.71
Company Overview
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.
Competitive Strengths:
- We offer a diversified range of products.
- Precision engineering expertise with complex product manufacturing capability.
- Strong R&D capabilities with a focus on innovation.
- Long-Standing Relationship with our customers.
- Experienced Qualified Management and Employee base.