Krishca Strapping Solutions (NSE SME)
May 16, 2023 – May 19, 2023
| Price | ₹51 - ₹54 |
| Premium | ₹70 |
|---|---|
| Lot size | 2000 |
| Allotment | May 24, 2023 |
| Listing | May 29, 2023 |
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Krishca Strapping Solutions (NSE SME) Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹118.80 | +₹64.80 | +120.00% |
Krishca Strapping Solutions (NSE SME) Subscription
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 6,04,000 | 4,36,04,000 | 72.19 |
| NIB | 4,54,000 | 28,51,68,000 | 628.12 |
| RETAIL | 10,58,000 | 48,43,88,000 | 457.83 |
| Total | 21,16,000 | 81,31,60,000 | 384.29 |
| Retail Apps | 2,42,194 | © IPO Premium | |
Krishca Strapping Solutions (NSE SME) About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 2000 | 108000 | 0 |
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 Kg
The 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.
Krishca Strapping Solutions IPO Details
| Total Issue Size | 3,320,000 shares (aggregating up to ₹17.93 Cr) |
| Fresh Issue | 3,320,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Krishca Strapping Solutions IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| Market Maker portion | 300,000 shares (Share India Securities) |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 15-Feb-23 |
|---|---|---|---|---|
| Total Assets | 915.75 | 1,292.02 | 1,544.00 | 2,696.96 |
| Total Revenue | 98.15 | 971.05 | 1,871.71 | 6,351.23 |
| Profit After Tax | -223.92 | -67.25 | 150.54 | 785.75 |
| Net Worth | 64.34 | -120.28 | 159.51 | 945.26 |
| Reserves and Surplus | -237.02 | -421.64 | -340.49 | 445.26 |
| Total Borrowing | 827.36 | 1,337.48 | 939.28 | 1,193.01 |
Strength
Weakness
Krishca Strapping Solutions (NSE SME) Latest Announcements
| Date | Subject | Attachment Text |
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Krishca Strapping Solutions (NSE SME) Financial Results
Krishca Strapping Solutions (NSE SME) Lead Manager(s)
Krishca Strapping Solutions (NSE SME) Address
Krishca Strapping Solutions Limited
Building 01B,
LOGOS Mappedu Logistics Park Sathara,
Thiruvallur Taluk Thiruvallur District - 631203
Phone: +91-9884111098
Email: cs@krishcastrapping.com
Website: http://www.krishcastrapping.com/