Krishna Defence IPO Date, Lot Size and Price

Krishna Defence IPO Details: Krishna Defence and Allied Industries’ first public offering (IPO) of Rs. 30,48,000 shares is open for subscription from March 25 to March 29, 2022. The price of the initial public offering (IPO) and the lot size have yet to be announced. Keep up with us to learn more about the Krishna Defence SME IPO, including the issue size, minimum order amount, company overview, financials, live subscription, grey market premium (GMP), allotment status, and more.

Krishna Defence IPO
Krishna Defence IPO

Krishna Defence IPO Details

Opening DateMar 25, 2022
Close DateMar 29, 2022
Price BandRs. 37 to Rs. 39 per equity share
Lot Size3000 Shares
Issue Size (Rs. Cr.)3,048,000 Eq Shares of Rs. 10 (aggregating up Rs. 11.89 Cr.)
Face ValueRs. 10 per equity share
Issue TypeBook Built Issue IPO
Exchange BoardNSE, SME
Fresh Issue3,048,000 Eq Shares of Rs. 10 (aggregating up to Rs. 11.89 Cr.)
QIB Shares Offered50%
Retail Shares Offered35%
NII (HNI) Shares Offered15%

Krishna Defence IPO Date

The IPO date for Krishna Defence has been set. The Krishna Defence IPO will take place on March 25, 2022, and will conclude on March 29, 2022.

Krishna Defence IPO Price

The IPO Price for Krishna Defence has been set. Krishna Defence IPO Price is Rs. 37 to Rs. 39 per equity share. Krishna Defence IPO will take place on last week of March 2022.

Krishna Defence IPO Lot Size

The lot size of Krishna Defence IPO is 3000 Shares. This is the minimum order quantity for this IPO. An individual retail investor can apply for up to one lot 3000 shares or Rs. 117,000.

Krishna Defence IPO Allotment Date and Listing Date

The IPO for Krishna Defence will begin on 25 March 2022, and end on 29 March 2022. The Krishna Defence IPO Allotment Date is (To be announced) 2022. This IPO will take (To be announced) days to list. The IPO Listing Date of Krishna Defence IPO is (To be announced) 2022.

About Krishna Defence IPO

Defence applications, dairy equipment, and kitchen equipment are all manufactured by Krishna Defence and Allied Industries Ltd. It offers a variety of high-performance items for military purposes, including shipbuilding steel bulb bar, special steel alloy brics, super alloys weld consumables, flux and electrodes, food containers, and space heating devices. It produces stainless steel Milk Cans, Milk Cooling Tanks, Bulk Milk Coolers, Milking Machines, Cow Brooming Brushes, and Robotic Milk Collection Units in the dairy segment, and bulk cooking equipment such as rice cauldrons, dal cauldrons, braising pans, rice chutes, dal storage tanks, distribution vessels, and so on in the kitchen segment.

It also holds a licence from the Defence Research and Development Organization (DRDO) to manufacture and deliver specialised defence application goods to the Indian Armed Forces. It makes defence items such as Plastic Food Containers, Space Heating Devices, and Man-Mounted Cooling Systems, among others. It has entered the industry of producing and marketing Homeland & Security Products in the year 2020.

The majority of the company’s revenue comes from the government sector, which includes both the federal and state governments, as well as related companies. Kalol and Halol are the locations of the company’s manufacturing facilities in Gujarat.

Promoters of Krishna Defence IPO

Promoters of Krishna Defence IPO are Mr. Ankur Ashwin Shah is the company promoter. 

Krishna Defence IPO FAQs

What is Krishna Defence IPO?

krishna defence ipo is a SME IPO of 30,48,000 equity shares of the face value of Rs. 10 aggregating up to Rs. 11.89 Crores. The issue is priced at Rs. 37 to Rs. 39 per equity share. The minimum order quantity is 3000 Shares. The shares will be listed on the NSE SME.

When Krishna Defence IPO will open?

The Krishna Defence IPO opens on 25 Mar 2022 and closes on 29 Mar 2022.

What is the lot size of Krishna Defence IPO?

Krishna Defence IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

How to apply for Krishna Defence IPO?

You can apply in Krishna Defence IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Krishna Defence IPO allotment?

The basis of allotment for the Krishna Defence IPO will be finalised on Apr 1, 2022, and the allotted shares will be credited to your demat account by Apr 5, 2022.

When is Krishna Defence IPO listing date?

The krishna defence ipo listing date is not yet announced. The tentative date of krishna defence ipo listing is Apr 6, 2022.

Who is the registrar of Krishna Defence IPO?

Bigshare Services Pvt Ltd is the registrar for the IPO.

What is Krishna Defence IPO Price Band?

Krishna Defence IPO price band is Rs. 37 to Rs. 39 per equity share.