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KRISHCASME / NSEListed
Krishca Strapping Solutions

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.

DRHPANCHOR
₹51 - ₹54384.29x sub
Listed Price₹118.80
Listing Gain+120.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open16 May 2023
Close19 May 2023
Allotment24 May 2023
Listing29 May 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail10,58,000 shares
31.87%
Nii(hni)4,54,000 shares
13.67%
QIB15,08,000 shares
45.42%
Market Maker3,00,000 shares
9.04%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,08,000
HNI2 Lots (4,000 shares)
₹2,16,000

Company Promoters

Mr. Lenin Krishnamoorthy Balamanikandan

Company Background

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 pr...

Lead Managers & Bankers

Share India Capital Services Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹98.15 Cr
Growth-98.5%
Revenue Trend (₹ in Crores)
0.02.4k4.9k7.3kFeb 2023Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 202098.15-223.92915.75827.36
Mar 2021971.05-67.251,292.021,337.48
Mar 20221,871.71150.541,544.00939.28
Feb 20236,351.23785.752,696.961,193.01

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values15.710%0%3.430

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
24 May 2023
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
29 May 2023

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Krishca Strapping Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 May 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 May 2023Trading commences on exchange

How to Check Krishca Strapping Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Krishca Strapping Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Krishca Strapping Solutions IPO

Complete issue overview for Krishca Strapping Solutions (KRISHCA) IPO. The issue features an equity share price band of ₹51 – ₹54 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions