IPO Trending
KRANTISME / BSEListed
Kranti Industries

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.

DRHP
₹37 - ₹37Open
Listed Price₹37.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open14 Feb 2019
Close20 Feb 2019
Allotment26 Feb 2019
Listing28 Feb 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,17,000 shares
5.05%
HNI11,01,000 shares
47.48%
Retail11,01,000 shares
47.48%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,11,000
HNI2 Lots (6,000 shares)
₹2,22,000

Company Promoters

Mr. Sachin Subhash VoraMr. Sumit Subhash VoraMrs. Indubala Subhash Vora

Company Background

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 mac...

Lead Managers & Bankers

Fast Track Finsec Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-18)₹3321.91 Cr
Growth+15.2%
Revenue Trend (₹ in Crores)
0.01.8k3.5k5.3kMar-16Mar-17Mar-18Sep-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-183,321.91137.145,015.100
Mar-184,610.9289.974,378.060
Mar-172,925.1992.854,401.160
Mar-162,884.4121.024,135.490

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: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Feb 2019
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
28 Feb 2019

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Kranti Industries. 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 Finalization26 Feb 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Feb 2019Trading commences on exchange

How to Check Kranti Industries Allotment Online

1Open Portal

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

2Select Company

Select Kranti Industries 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

Allotment FAQs & Help

About Kranti Industries IPO

Complete issue overview for Kranti Industries (KRANTI) IPO. The issue features an equity share price band of ₹37 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,11,000). 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