Listed Price₹118.80
Listing Gain+120.00%
Price Band₹51 - ₹54
Lot Size2,000 shares
Min Bid₹1,08,000
Subscription384.29x
Listed Market Snapshot
₹118.80Listed price from market data
+120.00%listing gain
Issue Amount
₹17.93 Cr
Listed Price
₹118.80
Current Price
₹118.80
Registrar
Purva Sharegistry India Private Limited
Timeline•Bookbuilding IPO
Open16 May 2023
Close19 May 2023
Allotment24 May 2023
Listing29 May 2023
Quota Reservation Portions
RetailPortion: 10,58,000 shares
31.87%Nii(hni)Portion: 4,54,000 shares
13.67%QIBPortion: 15,08,000 shares
45.42%Market MakerPortion: 3,00,000 shares
9.04%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,08,000HNI2 lots / 4,000 shares
₹2,16,000About the Company
Incorporated in 2017, Krishca Strapping Solutions Limited is a manufacturer and wholesaler of strapping tools and strapping seals. The company operates a manufacturing facility in Chennai with an annual capacity of 18,000 MT of steel straps and 80 million seals. Its product range includes PLC-controlled automatic production lines, automated heat treatment processes for uniform grain structure, and pollution-free, lead-free production. The steel straps meet American, European, and Indian standards, including IS 5872:1990, ASTM D-3953, and BS EN 13246:2001, and the company employs a team of 50 professionals.
Company Promoters
Mr. Lenin Krishnamoorthy Balamanikandan
Lead Managers
Registrar
Purva Sharegistry India Private Limited