Kranti
Industries
is
incorporated
1995
based
in
Maharashtra.
The
company
is
a
manufacturer
and
supplier
of
precision
machined
components.
The
company
become
one
of
India’s
biggest
critical
Automotive
Component
and
Non-Automotive
(off
Highway)
component
suppliers.
The
company
has
client
list
includes
Oerlikon,
New
Holland
Fiat
Group,
John
Deere,
Carraro,
Bharat
Gears,
Endurance
Technologies,
Mahindra
and
many
others
have
been
associated
with
Kranti
Industries
over
a
long
period
of
time.
They
make
critical
machinery
for
automotive
commercial
vehicles,
agricultural
machinery,
construction
machinery,
and
several
other
complex
gears
required
in
building
big
machines.
Kranti
Industries
make
customized
products
for
passenger
cars,
electric
cars,
two
wheelers,
tractors,
construction
machinery,
railways,
light
vehicles,
off-highway,
heavy
trucks
etc.
Kranti
Industries
ipo
is
starting
from
14-Feb
and
ends
on
20-Feb.
The
price
band
is
around
Rs.37
with
3000
market
lot.
The
ipo
size
is
around
Rs.8.58
crore
rupees.
IPO Review:
- Risky
Kranti Industries IPO Dates & Price Band:
- IPO Open: 14-February-2019
- IPO Close: 20-February-2019
- IPO Size: Approx Rs 8.58 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.37 Per Equity Share
- Listing on: BSE SME
- Shares: 23,88,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 3000 Shares (Minimum Lot Size)
- Amount: Rs.1,11,000
IPO Allotment & Listing:
- Basis of Allotment: 26-February-2019
- Refunds: 27-February-2019
- Credit to demat accounts: 28-February-2019
- Listing: 01-March-2019
Financial Results:
| Rs. in Crore | |||||
| Revenue | Assets | PAT | |||
| 2015 | – | – | – | ||
| 2016 | 28.84 | 28.98 | -0.21 | ||
| 2017 | 29.25 | 30.37 | -0.93 | ||
| 2018 | 46.11 | 45.50 | 0.90 | ||
| 2019 (H1) | 33.22 | 31.19 | 1.37 | ||
Kranti
Industries IPO
Important
Links:
Kranti
Industries IPO
Allotment
Status:
Company Promoters:
- Mr Sachin Subhash Vora
- Mr Sumit Subhash Vora
- Mrs Indubala Subhash Vora
Quick
Links:
Draft
Red
Herring
Prospectus
Red
Herring
Prospectus
IPO
Registrar:
Link
Intime
India
Private
Limited
C-101,
1st
Floor,
247
Park
Lal
Bahadur
Shastri
Marg,
Vikhroli
(West)
Mumbai
–
400
083
Phone:
+91
22
4918
6200
Fax:
+91
22
4918
6195
Email:
[email protected]
Website:
http://www.linkintime.co.in
IPO Lead Managers:
- Fast Track Finsec Pvt Ltd
Company
Address:
Kranti
Industries
Limited
Gat
No.267/B/1
Post
Pirangut,
Tal.
Mulshi
Pune-
412
115,
Maharashtra
Phone:
+91
20
6675
5676
Email:
[email protected]
Website:
www.krantiindustries.com
0 Responses
I never heard of this company before but now when I have started going through its website and other information available online, it seems to have great potential. Is there any information about their expansion plans available online?
Current year the company has made a lot of expansion and such expansion providng them right in terms of enhancemant of revenue and profit after tax. So calculation of 10 PE is pretty good.
Have not heard about the company more but while seeing there insights and numbers, I can assure the profit will be good
The price band is also nominal, and the industry is also to invest in as automobile industry is growing continuously from past years and is the second best industry to invest in.