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Open
25 Mar 2022
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Close
29 Mar 2022
3
Allotment
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Listing
Wed, Apr 6, 2022
Price Band
₹37 to ₹39
Issue Size
30,48,000 shares (agg. up to ₹12 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Apr 6, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 61.59x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 58.04 | 56.20 | 61.41 | 66.00 |
| Total Income | 20.98 | 36.19 | 25.72 | 58.91 |
| Profit After Tax | 1.22 | 1.94 | 0.75 | 2.06 |
| EBITDA | 2.98 | 4.58 | 3.49 | 5.42 |
| NET Worth | 19.25 | 18.03 | 16.09 | 15.35 |
| Reserves and Surplus | 10.85 | 13.83 | 11.89 | 11.15 |
| Total Borrowing | 23.57 | 25.57 | 25.68 | 27.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Data Patterns (India) Ltd. | Mainboard | ₹588.22 Cr | ₹585 | null | ₹755.00 | +29.06% | ₹4,142.40 (-1.35%) |
| Paras Defence & Space Technologies Ltd. | Mainboard | ₹170.78 Cr | ₹175 | null | ₹492.45 | +181.40% | ₹1,197.00 (-1.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 9.00 |
| 2 | General Corporate Purpose | 1.71 |
About Krishna Defence IPO
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
Contact Details
Krishna Defence & Allied Industries Ltd. Address344, Floor-3, Plot-267, A To Z Industrial EstateGanapatrao Kadam Marg, Lower ParelDelisle RoadMumbai, Maharashtra, 400013+91 22 4220 3800/99cs@krishnaallied.comVisit Website