Krishna Defence IPO subscription status is to start from March 25, 2022, Friday. Krishna Defence is a NSE SME IPO. The IPO is been subscribed by QIB, NII and Retail investors. They are going to raise ₹11.89 crores via SME IPO. The IPO price band is fixed at ₹37 – ₹39 with a market lot of 3000 shares. Krishna Defence & Allied Industries Limited is a developer, designer and manufacturer of a wide range of equipment for Defence, Security, Dairy, and Mega Kitchen verticals since 1996. They are among India’s very few manufacturing houses with comprehensive in-house capabilities. The company reported ₹36.19 crores of revenues in 2021 against ₹25.72 crores in 2020. The company’s financial report looks good while profit is on a lower side. Please check the Krishna Defence IPO subscription status details over here.
IPOWatch View
We recommend investors may apply for an IPO with long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Krishna Defence IPO allotment status here.
Krishna Defence IPO Subscription Status (Live Update – Day 3)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.48 | 8.84 |
| NII | 5.21 | 11.66 | 159.90 |
| RII | 18.60 | 51.71 | 132.28 |
| Total | 7.30 | 20.63 | 74.84 |
Krishna Defence IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
Krishna Defence IPO Time Table
| IPO Open Date: | 25 March 2022 |
| IPO Close Date: | 29 March 2022 |
| Basis of Allotment: | 01 April 2022 |
| Refunds: | 04 April 2022 |
| Credit to Demat Account: | 05 April 2022 |
| IPO Listing Date: | 06 April 2022 |
Krishna Defence IPO Form
How to apply the Krishna Defence IPO? You can apply Krishna Defence IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Krishna Defence IPO in the Invest section. The other option you can apply Krishna Defence IPO via IPO forms download via NSE website. Check out the Krishna Defence forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Krishna Defence IPO Subscription FAQs:
When Krishna Defence IPO Subscription will start?
The IPO subscription starts on 25 March 2022 for QIB, NII and Retail Investors.
How much is Krishna Defence IPO subscribed?
The IPO subscribed 74.84x times on day 3.
What is Krishna Defence IPO Retail subscription status?
The RII subscription is 132.28x on day 3.
How to subscribe Krishna Defence IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Krishna Defence IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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