Kranti Industries Limited IPO Details

KRANTI, a small machining unit was established by Late Mr. Subhash Vorain 1981 at a small place with one primary Lathe machine to do job work activity for other industrial units. The Company was setup with a vision to revolutionized the definition of accuracy in automobile industry. It was a small and single step towards an ambitious dream. Late Mr. Vora was a visionary, an entrepreneur to the core and a deadly hard worker. Within a short span of time Late Mr. Vora expanded the activities, acquired latest machining platforms and moved the operations at a modern factory set up at Pirangut Industrial Estate. 
Simultaneously with the tangible expansion, the name KRANTI was getting acceptance and preference from world industrial leaders.

They preferred KRANTI because of value based business practices, precision, sticking up to the commitments and cost benefit. Unfortunately, in June 2011 the founder Mr. Subhash Vora expired untimely and his elder son Mr. Sachin Vora to over as Managing Director. His younger brother Mr. Sumit Vora assumed second and supporting position. Both of them are qualified Graduates in Engineering.

Kranti Industries Limited IPO Details
Issue Open	14-02-2019
Issue Close	20-02-2019
Allotment Date	26-02-2019
Unblocked Amount	27-02-2019
Listing Date	28-02-2019
Issue Share	23,19,000 Total Equity Share 1,17,000 Reserved by Market Maker 22,02,000 Equity Share
Issue Size	₹ 8.58 Cr
IPO Price Band	₹ 37
Minimum Share Bid	3000
Minimum Investment Amount [Rs]	₹ 1,11,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	BSE SME

Kranti Industries Limited IPO Grey Market Premium GMP]
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Kranti Industries Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2014	-	-	-	-
FY-2015	-	-	-	-
FY-2016	41.36	28.85	28.99	-0.20
FY-2017	44.02	29.26	30.36	-0.93
FY-2018	43.79	46.11	45.50	0.89
FY-2019	50.16	33.21	31.18	1.37

Kranti Industries Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 1.28
Price/Earnings [P/E] Ratio	28.91
Return on Net Worth [RoNW]	6.91 %
Net Asset Value [NAV]	₹ 18.48 Per Share

Kranti Industries Limited IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	11,01,000	11,01,000	22,02,000
Day-1 [14-02-2019]	2,40,000 [0.22]	48,000 [0.04]	2,88,000 [0.13]
Day-2 [15-02-2019]	4,68,000 [0.43]	81,000 [0.07]	5,48,000 [0.25]
Day-3 [18-02-2019]	5,97,000 [0.54]	1,83,000 [0.17]	7,80,000 [0.35]
Day-4 [19-02-2019]	6,96,000 [0.63]	3,57,000 [0.32]	10,53,000 [0.48]
Day-5 [20-02-2019]	13,98,000 [1.27]	14,43,000 [1.31]	28,41,000 [1.29]

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Kranti Industries Limited IPO Contact Details
Kranti Industries Limited Gat No.267/B/1, Post Pirangut, Tal. Mulshi, Pune- 412 115, Maharashtra, India. Tel: +91-20-6675 5676 Email: investor@krantiindustries.com Website: www.krantiindustries.com

Registrar of Kranti Industries Limited IPO
LINK INTIME INDIA PRIVATE LIMITED C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083 Telephone: +91 22 49186200 Facsimile: +91 22 49186195 Email: kranti.ipo@linkintime.co.in Investor grievance email: kranti.ipo@linkintime.co.in Contact Person: Mr. Shanti Gopalkrishnan Website: www.linkintime.co.in SEBI Registration Number: INR000004058

Lead Managers of Kranti Industries Limited IPO
FAST TRACK FINSEC PRIVATE LIMITED B-502, Statesman House, 148 Barakhamba Road, New Delhi – 110001 Telephone: +91-11-43029809 Email: mb@ftfinsec.com Investor Grievance Email: investor@ftfinsec.com Website: www.ftfinsec.com Contact Person: Mr. Pawan Kumar Mahur SEBI Reg. No: INM000012500

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