Kranti Industries IPO Detail, Allotment Date, Prospectus And IPO Review

Kranti Industries established in 1995, it is situated at Maharashtra. Manufacturing and supplying of precision machined components are the main business of the company. The company is most famous for providing critical automotive component and Non- Automotive Component.  The company makes critical machinery for automotive commercial vehicles, construction machinery, agricultural machinery. The company also makes products like electric cars, passenger cars, two-wheelers, tractors, railways, light vehicles, construction machinery, off-highway etc.

Kranti Industries has famous clients like Escorts, Endurance technologies, Jay Hind casting, John Deere, Bharat gears limited, Mahindra and many other.

Company Promotors:

Promotors of the company are following as:

  1. Mr. Sachin Subhash Vora
  2. Mr. Sumit Subhash Vora
  3. Mrs. Indubala Subhash Vora

Company Financial Information:

Rs. in crore

Particular 2016 2017 2018 Sep-2019
Revenue 28.84 29.25 46.11 33.22
Assets 28.98 30.37 45.50 31.19
PAT (0.21) (0.93) 0.90 1.37

Purpose of the issue:

The purpose of the issue is as follows:

ØTo the fulfillment of issue related expenses

ØTo fulfillment requirements of working capital

ØGeneral corporate purpose

IPO Detail:

Particular Detail
Issue Open 14th Feb 2019
Issue Close 20th Feb 2019
Face value Rs. 10 per Equity shares
Price Band Rs. 37 per Equity Share
Minimum Order Quantity 3000 Shares
Market Lot 3000 Shares
No. of issue share 23,88,000 shares
IPO Size Rs. 8.58 crore
Listing On BSE SME

IPO Allotment Status:

You can check your IPO application’s Allotment Status by the following Link

(You will Require DPID-CLIENT ID/PAN CARD/Application Number.)

SEBI Draft Link:

Kranti Industry Limited BSE Draft Prospectus

 Company Address:

Kranti Industries Limited

Get No. 267/B/1

Post-Pirangut, Tal. Mulshi

Pune- 412 115, Maharashtra

Phone: +91 20 6675 5676



IPO Registrar Office:

Link Intime India Private Limited

C-101, 1st Floor, 247 Park

Lal Bahadur Shastri Marg, Vikhroli (West)

Mumbai- 400 083



IPO Lead Manager:

  • Fast Track Finsec Pvt Ltd

IPO Review:

  • Avoid

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