Krishca Strapping Solutions Limited is a manufacturer of Strapping Tools and Strapping Seal. They provide steel straps that cater to a wide range of applications. Their straps are designed with exceptional physical and geometrical properties that guarantee the safe and secure transport of your goods.
They have a manufacturing facility in Chennai. They have a manufacturing capacity of 18,000 MT of steel straps and 80 million Seals per annum. They have a team of 50 members working with them. At their manufacturing facility, heat-treated high-tensile steel straps are manufactured using state-of-the-art equipment and supervised by expert metallurgists and engineers.
Objects of the Issue:
- Capital Expenditure for setting up of New Strapping Line
- Repayment of certain secured borrowings in full
- General corporate expenses and issue expenses
Krishca Strapping IPO Review
| Date | GMP | Kostak | Subject to |
| Today | ₹- | ₹- | ₹- |
| 9 May | ₹- | ₹- | ₹- |
Krishca Strapping IPO Date & Price Band Details
| IPO Open: | May 16, 2023 |
| IPO Close: | May 19, 2023 |
| IPO Size: | Approx ₹17.93 Crores, 3,320,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 to ₹54 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Krishca Strapping IPO Market Lot
The Krishca Strapping IPO minimum market lot is 2000 shares with a ₹108,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹108,000 |
| Retail Maximum | 1 | 2000 | ₹108,000 |
| S-HNI Minimum | 2 | 4000 | ₹216,000 |
Krishca Strapping IPO Dates
The Krishca Strapping IPO date is May 16 and the IPO close date is May 19. The IPO allotment date is May 24 and the IPO might list on May 29.
| IPO Open Date: | May 16, 2023 |
| IPO Close Date: | May 19, 2023 |
| Basis of Allotment: | May 24, 2023 |
| Refunds: | May 25, 2023 |
| Credit to Demat Account: | May 26, 2023 |
| IPO Listing Date: | May 29, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Krishca Strapping IPO Form
How to apply Krishca Strapping IPO? You can apply Krishca Strapping IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Krishca Strapping IPO in the Invest section. The other option you can apply Krishca Strapping IPO via IPO forms download via the NSE website. Check out the Krishca Strapping forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Krishca Strapping Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹0.98 | ₹3.23 | ₹2.24 |
| 2021 | ₹9.71 | ₹10.38 | ₹0.67 |
| 2022 | ₹18.72 | ₹17.00 | ₹1.51 |
| Feb 15, 2023 | ₹63.51 | ₹54.30 | ₹7.86 |
Krishca Strapping IPO Valuation – FY2022
Check Krishca Strapping IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.01 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 0.94% |
| Net Asset Value (NAV): | ₹3.19 per Equity Share |
Peer Group
- Usha Martin Ltd
- Metal Coatings India Ltd
- MR. LENIN KRISHNAMOORTHY BALAMANIKANDAN
Krishca Strapping IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com
Krishca Strapping IPO Allotment Status
Check Krishca Strapping IPO allotment status on Purvashare website URL. Click Here
Krishca Strapping IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
Krishca Strapping Solutions Limited
Building 01B,
LOGOS Mappedu Logistics Park Sathara,
Thiruvallur Taluk Thiruvallur District – 631203
Phone: +91-9884111098
Email: [email protected]
Website: http://www.krishcastrapping.com/
Krishca Strapping IPO FAQs
What is Krishca Strapping IPO?
Krishca Strapping IPO is an NSE SME IPO. They are going to raise ₹17.93 Crores via IPO. The issue is priced at ₹51 to ₹54 per equity share. The IPO is to be listed on NSE.
When Krishca Strapping IPO will open?
What is Krishca Strapping IPO Investors Portion?
How to Apply the Krishca Strapping IPO?
How to Apply the Krishca Strapping IPO through Zerodha?
How to Apply the Krishca Strapping IPO through Upstox?
How to Apply the Krishca Strapping IPO through Paytm Money?
What is Krishca Strapping IPO Size?
Krishca Strapping IPO size is ₹17.93 crores.
What is Krishca Strapping IPO Price Band?
Krishca Strapping IPO Price Band is ₹51 to ₹54 per equity share.
What is Krishca Strapping IPO Minimum and Maximum Lot Size?
What is Krishca Strapping IPO Allotment Date?
What is Krishca Strapping IPO Listing Date?
Note: The Krishca Strapping IPO details are announced officially. The IPO grey market premium (Krishca Strapping IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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