Kranti Industries IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Pune and caters to Engineering - Automotive sector. Fast Track Finsec is the merchant banker of Kranti Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th December 2018.
Kranti Industries IPO open date is 14th February 2019 and close date is 20th February 2019. IPO Allotment Date is 30th November -0001 and Listing date is 28th February 2019.Kranti Industries IPO size is ₹ 8.58 Cr. with IPO price of ₹ 37.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fast Track Finsec Private Limited is the book-running lead manager of the Kranti Industries IPO. Link Intime India Private Limited is the Registrar and Market Maker is SMC Global Securities Limited for Kranti Industries IPO.
Kranti Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kranti Industries IPO, based in Pune, operates in the Engineering - Automotive sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Kranti Industries IPO size is ₹ 8.58 Cr. with fresh issue size of ₹ 6.68 Cr. and Offer for sale being ₹ 1.90Cr.
The IPO allotment date for Kranti Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Kranti Industries IPO allotment status on the registrars website, Link Intime India Private Limited. Kranti Industries IPO refund dates are 30th November -0001.
Kranti Industries IPO is expected to be listed on 28th February 2019.
The upper price band for the Kranti Industries IPO is set at ₹ 37.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kranti Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kranti Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th February 2019. After submission, funds are blocked until the basis of allotment of Kranti Industries IPO is finalised.
The merchant banker for Kranti Industries IPO is Fast Track Finsec Private Limited . Fast Track Finsec Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kranti Industries IPO RHP for further details.
The registrar for Kranti Industries IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kranti Industries IPO through their official website or helpline.
Kranti Industries IPO was subscribed 1.29 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Kranti Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kranti Industries Financial Review Page
Merchant Banker(s) of Kranti Industries IPO: Fast Track Finsec Private Limited
Kranti Industries IPO subscription was 1.29 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Kranti Industries IPO listed at a listing price of 36.95 against the offer price of 37.00.
The current market price of Kranti Industries is 96.12.
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