Krishca Strapping IPO Date, Price, Review, Allotment

Krishca Strapping IPO Details: Krishca Strapping IPO date is fixed, The IPO will open on May 16 and will close on May 19, 2023. Krishca Strapping is an NSE SME IPO to raise ₹17.93 crores via IPO. The Krishca Strapping IPO price band is fixed at ₹51 to ₹54 with a market lot of 2000 shares.
Krishca Strapping IPO

Table of Contents

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

  • Apply

Krishca Strapping IPO GMP Live Rates Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹108,000
Retail Maximum12000₹108,000
S-HNI Minimum24000₹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 26.

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 26, 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
YearRevenueExpensePAT
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

Company Promoters

  • 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?

The IPO is to open on May 16, 2023 for QIB, NII, and Retail Investors.

What is Krishca Strapping IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Krishca Strapping IPO?

You can apply Krishca Strapping IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Krishca Strapping IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Krishca Strapping”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Krishca Strapping IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Krishca Strapping”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Krishca Strapping IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Krishca Strapping”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 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?

The IPO bid is 2000 shares with ₹108,000.

What is Krishca Strapping IPO Allotment Date?

Krishca Strapping IPO allotment date is May 24, 2023.

What is Krishca Strapping IPO Listing Date?

Krishca Strapping IPO listing date is May 26, 2023. The IPO to list on NSE SME.

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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One Response

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