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KRISHNADEFSME / NSEListed

Krishna Defence and Allied Industries Limited

Krishna Defence and Allied Industries Limited designs and manufactures products for defence, kitchen, and dairy industries. Established in 1996, the company has two manufacturing plants in Gujarat, located in Kalol and Halol near Vadodara. It offers a wide range of products, including ballast bricks, explosive containment vessels, automatic tyre killers, and crowd control barriers for security purposes. In the dairy sector, it provides bulk milk coolers, stainless steel milk cans, milking machines, cow grooming brushes, and heat recovery units. The company also produces kitchen equipment like daal cookers, rice cauldrons, and storage chutes, along with industrial products such as shipbuilding steel sections, welding consumables, and automated data monitoring systems for milk tanks. In 2020, Krishna Defence expanded into Homeland and Security products, introducing modular vehicle barriers, long-range LED searchlights, multi-purpose launchers, and other solutions for the Indian Armed Forces, Police, and Forest Department.

₹37 - ₹39Open
Listed Price75.00
Listing Gain+92.31%
TimelineBookbuilding IPO
Open25 Mar 2022
Close29 Mar 2022
Allotment01 Apr 2022
Listing06 Apr 2022

Quota Reservation Portions

Market MakerPortion: 1,56,000 shares
5.12%
QIBPortion: 14,43,000 shares
47.34%
Nii (hni)Portion: 4,35,000 shares
14.27%
RetailPortion: 10,14,000 shares
33.27%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,17,000
HNI2 lots / 6,000 shares
₹2,34,000

About the Company

Krishna Defence and Allied Industries Limited designs and manufactures products for defence, kitchen, and dairy industries. Established in 1996, the company has two manufacturing plants in Gujarat, located in Kalol and Halol near Vadodara. It offers a wide range of products, including ballast bricks, explosive containment vessels, automatic tyre killers, and crowd control barriers for security purposes. In the dairy sector, it provides bulk milk coolers, stainless steel milk cans, milking machines, cow grooming brushes, and heat recovery units. The company also produces kitchen equipment like daal cookers, rice cauldrons, and storage chutes, along with industrial products such as shipbuilding steel sections, welding consumables, and automated data monitoring systems for milk tanks. In 2020, Krishna Defence expanded into Homeland and Security products, introducing modular vehicle barriers, long-range LED searchlights, multi-purpose launchers, and other solutions for the Indian Armed Forces, Police, and Forest Department.

Company Promoters

Mr. Ankur Ashwin Shah
Krishna Defence and Allied Industries Limited IPO Details | GMP, Allotment & Financials | IPO Trending