IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Krishna Defence & Allied Industries Ltd

Registered Office : 344 Floor-3 Plot-267 A to Z,Indl.Estate GK Marg LowerParel,Mumbai Maharashtra 400013 Phone : 91-22-4220 3800/99
Fax :

Email : cs@krishnaallied.com

Website : www.krishnaallied.com

Initial public offer of 30,48,000* equity shares of face value of Rs.10 each (the "Equity Shares") of Krishna Defence and Allied Industries Limited ("The Company" or "KDAIL" or "The Issuer") at an issue price of Rs. 39 per equity share for cash, aggregating to Rs. 11.89 crores ("Public Issue") out of which 1,56,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 39 per equity share for cash, aggregating Rs. 0.61 crores were reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 28,92,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 39 per equity share for cash, aggregating to Rs. 11.29 lakhs is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.62% and 25.26% respectively of the post- issue paid-up equity share capital of the company. * Subject to finalization of basis of allotment The face value of the equity shares is Rs. 10 each. The issue price is 3.9 times with the face value of the equity shares. The anchor investor issue price is Rs. 39 per equity share. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue

Opens On

Closes On

25-Mar-2022

29-Mar-2022

Money Payable On

Application

Allotment

39.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.71

11.89

11.45

39.00

Hem Securities Ltd

Projects

To meet Working Capital Requirements

General Corporate Purposes

To meet Working Capital Requirements

General Corporate Purposes

Promoted By

Ankur Ashwin Shah

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd