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Krishca Strapping Solutions Ltd

Krishca Strapping Solutions Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹54
₹54
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹108,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
16 May 2023
Close Date
19 May 2023
Allotment
24 May 2023
Listing Date
26 May 2023
Exchange
NSE SME
Price Band
₹54
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹54
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
33,20,000 shares (aggregating up to ₹17.93 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
87,50,000 shares
Promoters
Post-IPO Holding
1,20,70,000 shares
Promoters
P/E (Pre)
3.43x
 
EPS (Pre)
₹15.71
 
UPI Deadline
2023-05-19
Mandate
Anchor AllotmentMon, 15 May 2023
Basis of AllotmentWed, 24 May 2023
Refund InitiationThu, 25 May 2023
Demat CreditFri, 26 May 2023
Listing DayFri, 26 May 2023
UPI Mandate Deadline2023-05-19
Sale TypeFresh Capital
Net Offer to Public30,20,000 shares (aggregating up to ₹16.31 Cr)
Market Maker Quota3,00,000 shares (aggregating up to ₹1.62 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Krishca Strapping Solutions Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 May 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
300,000
 — ₹1.62
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
3,320,000
 100% ₹17.93
IPO Shares Offered
Krishca Strapping Solutions Ltd IPO total issue size: ₹17.93 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 300,000 ₹1.62
9.04%
Total 3,320,000 ₹17.93
100.00%
* Based on upper price band ₹54 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹54.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹216,000
Retail (Max — 13 Lots)1326,000₹1,404,000
S-HNI (Min — 14 Lots)1428,000₹1,512,000
B-HNI (Min — 68 Lots)68136,000₹7,344,000
* Issue Price ₹54 × Lot Size 2,000 shares
IPO Schedule
Anchor
15 May 2023
✓ Done
IPO Open
16 May 2023
✓ Done
IPO Close
19 May 2023
✓ Done
Allotment
24 May 2023
✓ Done
Refunds
25 May 2023
✓ Done
Demat Credit
26 May 2023
✓ Done
Listing Day
26 May 2023
✓ Done
Krishca Strapping Solutions Ltd — Live Price LIVE
₹54.00
INR · NSE
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Issue ₹54.00 Live Price
About Krishca Strapping Solutions Ltd
Incorporated in 2017, Krishca Strapping Solutions Limited is a manufacturer and wholesaler of Strapping Tools and Strapping Seal.The company has a manufacturing facility in Chennai with a capacity of 18,000 MT of steel straps and 80 million Seals per annum.Krishca Strapping Solutions' product range includes:PLC Controlled automatic production line.Automated heat treatment process-Uniform grain structure.Pollution-free production process - Lead-free.Super Jumbo coils upto 500 KgThe steel strap quality requirements of the company are in compliance with American, European, and Indian standards. That is IS 5872:1990 - Cold rolled steel straps (box strappings) specification; ASTM D-3953 - Standard Specification for Strapping, Flat Steel and Seals; and BS EN 13246:2001 - Packaging.Krishca Strapping Solutions has a team of 50 employees working for them.
Objects of the Issue
1
Capital Expenditure for setting up of New Strapping Line
2
Repayment of certain secured borrowings in full availed by our Company
3
General Corporate Expenses
4
Issue Expenses
Krishca Strapping Solutions Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹971.1
31-Mar-21
₹1,871.7
31-Mar-22
₹6,351.2
15-Feb-23
Profit After Tax (PAT)
-₹67.3
31-Mar-21
₹150.5
31-Mar-22
₹785.8
15-Feb-23
Particulars15-Feb-2331-Mar-2231-Mar-21
Revenue from Operations 6351.23 1871.71 971.05
EBITDA N/A N/A N/A
Profit After Tax (PAT) 785.75 150.54 -67.25
Net Worth 945.26 159.51 -120.28
Total Assets 2696.96 1544.00 1292.02
Reserves & Surplus 445.26 -340.49 -421.64
Borrowings 1193.01 939.28 1337.48
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoNW
0.83%
Issue Structure & Shareholding
Total Shares Offered33,20,000 (100.00%)
Net Offer to Public30,20,000 shares (aggregating up to ₹16.31 Cr)
Reserved for Market Maker3,00,000 shares (aggregating up to ₹1.62 Cr)
Pre-Issue Promoter Holding87,50,000 shares
Post-Issue Promoter Holding1,20,70,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Share India Capital Services Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Krishca Strapping Solutions Ltd IPO subscribed? ▲

Krishca Strapping Solutions Ltd IPO is subscribed 1.00 times by May 19, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Krishca Strapping Solutions Ltd IPO retail subscription status? ▼

The Krishca Strapping Solutions Ltd IPO retail category is subscribed 1.00 times as of 19 May 2023. The retail portion is oversubscribed.

How to subscribe Krishca Strapping Solutions Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 May 2023 and closes 19 May 2023. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2023-05-19.

How many times Krishca Strapping Solutions Ltd IPO subscribed? ▼

The Krishca Strapping Solutions Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Krishca Strapping Solutions Ltd IPO allotment? ▼

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 24 May 2023. Refunds: on 25 May 2023.

When Krishca Strapping Solutions Ltd IPO will be listed? ▼

The Krishca Strapping Solutions Ltd IPO listing date is 26 May 2023, Friday. Listed on: NSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Krishca Strapping Solutions Ltd IPO close? ▼

The Krishca Strapping Solutions Ltd IPO closes on 19 May 2023, Friday. UPI mandate: 2023-05-19. Allotment: 24 May 2023. Listing: 26 May 2023.

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Live Price LIVE
Last Price₹54.00
Change—
Issue Price₹54.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹54
Face Value₹10
Lot Size2,000 Sh
Min. Amount₹108,000
GMPNIL
Est. Listing₹54
Subscribed1.00x
Open Date16 May 2023
Close Date19 May 2023
Allotment24 May 2023
Listing Date26 May 2023
ExchangeNSE SME
UPI Deadline2023-05-19