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KRISHNADEFSME / NSEListed
Krishna Defence and Allied Industries

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 Price₹75.00
Listing Gain+92.31%

IPO Schedule & Timeline

Bookbuilding IPO
Open25 Mar 2022
Close29 Mar 2022
Allotment01 Apr 2022
Listing06 Apr 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,56,000 shares
5.12%
QIB14,43,000 shares
47.34%
Nii (hni)4,35,000 shares
14.27%
Retail10,14,000 shares
33.27%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,17,000
HNI2 Lots (6,000 shares)
₹2,34,000

Company Promoters

Mr. Ankur Ashwin Shah

Company Background

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...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹2098.2 Cr
Growth-64.4%
Revenue Trend (₹ in Crores)
0.02.3k4.5k6.8kMar-19Mar-20Mar-21Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-212,098.20122.115,804.140
Mar-213,618.84193.655,620.060
Mar-202,572.3774.616,141.360
Mar-195,890.85206.446,599.650

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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Apr 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
06 Apr 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Krishna Defence and Allied Industries. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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

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Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Apr 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Apr 2022Trading commences on exchange

How to Check Krishna Defence and Allied Industries Allotment Online

1Open Portal

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

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Krishna Defence and Allied Industries IPO

Complete issue overview for Krishna Defence and Allied Industries (KRISHNADEF) IPO. The issue features an equity share price band of ₹37 – ₹39 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,17,000). 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