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Open
14 Feb 2019
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Close
20 Feb 2019
3
Allotment
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Listing
Thu, Feb 28, 2019
Price Band
₹37 per share
Issue Size
23,19,000 shares (agg. up to ₹9 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Feb 28, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.05x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 50.15 | 43.78 | 44.01 | 41.35 |
| Total Income | 33.22 | 46.11 | 29.25 | 28.84 |
| Profit After Tax | 1.37 | 0.89 | -0.94 | -0.21 |
| EBITDA | 4.66 | 5.77 | 4.84 | 6.13 |
| NET Worth | 14.40 | 13.03 | 12.14 | 13.07 |
| Reserves and Surplus | 7.35 | 5.98 | 5.09 | 6.02 |
| Total Borrowing | 22.21 | 19.14 | 20.18 | 21.21 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ultra Wiring Connectivity System Ltd. | SME | ₹4.82 Cr | ₹35 | null | ₹33.20 | -5.14% | ₹100.95 (-0.93%) |
| Uravi T & Wedge Lamps Ltd. | SME | ₹15.00 Cr | ₹100 | null | ₹102.25 | +2.25% | ₹116.35 (-2.77%) |
| Varroc Engineering Ltd. | Mainboard | ₹1,955.18 Cr | ₹967 | null | ₹1,037.35 | +7.28% | ₹659.60 (-0.53%) |
| Sandhar Technologies Ltd. | Mainboard | ₹512.48 Cr | ₹332 | null | ₹322.15 | -2.97% | ₹616.20 (-1.30%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.30 |
| 2 | General corporate purposes | 1.38 |
| 3 | Offer Expenses | 0.80 |
About Kranti Industries IPO
Incorporated in 1995, Pune based Kranti Industries Limited is a company engaged in the business of manufacturing and supplying of precision machined components. The company is primarily known for a range of automotive component and non-automotive (off highway) components. The company manufactures different types of automotive components varying from 100 MM to 1200 MM in size. It also manufactures customized products for reputed Original Equipment Manufacturers (OEMs) of diverse industries such as passenger cars, electric cars, two-wheelers, light vehicles, tractors, construction machinery, off-highway, heavy trucks and railways etc.Over the years Kranti Industries has diversified its product portfolio. It currently caters to various sectors by developing components for automobile, commercial vehicle, construction, pneumatic tool, windmill, medical industry, etc. The company's client base includes Graziano Transmission India Pvt. Ltd, John Deere India Pvt. Ltd, CNH Industrial (India) Private Limited formerly known as (New Holland Fiat (I) Pvt. Ltd), Carraro India Pvt. Ltd, Jaya Hind Industries Limited, Endurance Technologies limited, Neosym Industry Limited (Sanaswadi) and Meltwel S
Contact Details
Kranti Industries Ltd. AddressGat No.267/B/1Post PirangutTal.MulshiPune, Maharashtra, 412115+91-20-6675 5676cs@krantiindustries.comVisit Website