Business Standard

Krishna Defence & Allied Industries Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

11.89 cr

Price Range (₹)

39

Lot Size

3000

Min Investment (₹)

1,17,000.00

Listing Exchange

NSE - SME

Open Date

25-Mar-2022

Close Date

29-Mar-2022

Listing Date

06-Apr-2022

Krishna Defence & Allied Industries Ltd News

    The Shares of Krishna Defence & Allied Industries Ltd have now been listed.

    Krishna Defence & Allied Industries Ltd IPO Details

    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.

    Objective of issue

    To meet Working Capital Requirements. General Corporate Purposes. General Corporate Purposes. General Corporate Purposes. General Corporate Purposes.

    Krishna Defence & Allied Industries Ltd Contact Details

    Krishna Defence & Allied Industries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@krishnaallied.com

    Website - www.krishnaallied.com