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Kranti Industries Limited

Incorporated in 1995, Pune-based Kranti Industries Limited manufactures and supplies precision machined components for both automotive and non-automotive sectors. The company produces automotive components ranging from 100 mm to 1200 mm, along with customized products for OEMs across passenger cars, electric vehicles, two-wheelers, tractors, construction machinery, off-highway vehicles, heavy trucks, and railways. Over the years, Kranti Industries has diversified into sectors including commercial vehicles, pneumatic tools, windmills, and medical equipment. Its key clients include Graziano Transmission India, John Deere India, CNH Industrial India, Carraro India, Jaya Hind Industries, Endurance Technologies, Neosym Industry, and Meltwel Scrap Traders. The company operates two manufacturing facilities in Pune, Maharashtra, employs 155 people (including temporary workers), and had an order book of approximately Rs. 660.34 lakhs as of November 30, 2018.

₹37 - ₹37Open
Listed Price37.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open14 Feb 2019
Close20 Feb 2019
Allotment26 Feb 2019
Listing28 Feb 2019

Quota Reservation Portions

Market MakerPortion: 1,17,000 shares
5.05%
HNIPortion: 11,01,000 shares
47.48%
RetailPortion: 11,01,000 shares
47.48%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,11,000
HNI2 lots / 6,000 shares
₹2,22,000

About the Company

Incorporated in 1995, Pune-based Kranti Industries Limited manufactures and supplies precision machined components for both automotive and non-automotive sectors. The company produces automotive components ranging from 100 mm to 1200 mm, along with customized products for OEMs across passenger cars, electric vehicles, two-wheelers, tractors, construction machinery, off-highway vehicles, heavy trucks, and railways. Over the years, Kranti Industries has diversified into sectors including commercial vehicles, pneumatic tools, windmills, and medical equipment. Its key clients include Graziano Transmission India, John Deere India, CNH Industrial India, Carraro India, Jaya Hind Industries, Endurance Technologies, Neosym Industry, and Meltwel Scrap Traders. The company operates two manufacturing facilities in Pune, Maharashtra, employs 155 people (including temporary workers), and had an order book of approximately Rs. 660.34 lakhs as of November 30, 2018.

Company Promoters

Mr. Sachin Subhash VoraMr. Sumit Subhash VoraMrs. Indubala Subhash Vora
Kranti Industries Limited IPO Details | GMP, Allotment & Financials | IPO Trending