Krishna Defense IPO GMP Allotment Status 2022

Krishna Defense IPO GMP Allotment Status 2022

Krishna Defense IPO GMP Allotment Status 2022.Krishna Defense IPO: There is another opportunity for investors to invest money in IPO.  In fact, on March 25, 2022, Krishna Defense's IPO is opening for subscription.  Investors will be able to subscribe to this issue until March 29.  In this public issue, 30,48,000 new equity shares of the company will be issued.  Krishna Defense IPO will be listed on NSE SME Exchange. Shares of the company may be listed on 6 April 2022.

Krishna Defense IPO GMP Allotment Status 2022


 1. Subscription Date: 

It will open on March 25, 2022 and investors will be able to bid on this issue till March 29, 2022.


 2. Date of allotment:

 The provisional date for announcement of share allotment is 1st April 2022.


 3. Price Band: 

The company has fixed the IPO price band at Rs 37 to 39 per equity share.


 4. IPO size:

 The company wants to raise Rs 11.89 crore through this issue.


 5. Lot Size: 

This issue involves 3000 shares in one lot.  The bidder can apply for only one lot.


 6. Investment Limit: 

As a bidder can apply for only one lot.  Accordingly, the investment limit is Rs. 1,17,000 (Rs. 39 x 3000).


 7. IPO Type: 

Through this public issue, the company will issue 3,048,000 fresh equity shares with a face value of Rs.  The issue would be purely a book build type.


 8. IPO Listing:

 Shares of Krishna Defense will be listed on NSE SME Exchange and the probable date of listing is 6th April 2022.


 9. Authorized Registrar: 

The authorized registrar of SME IPO is Bigshare Services Pvt. Ltd.


 10. Promoters Holdings:

 Currently, the promoters of SMEs have a 100 per cent stake in the company, which will fall to 73.38 per cent after a successful listing of Krishna Defense shares.

11. Ksishna difense Today GMP..

Date- 25-03-2022

 What does the company do?


 Krishna Defense and Allied Industries Limited (KDAIL) is engaged in various businesses such as Defense Application Products, Dairy Equipment Products and Kitchen Equipment Manufacturing.  The company has entered into various licensing agreements with the Defense Research and Development Organization ("DRDO") to obtain information and rights to enable the company to manufacture and supply specialized defense application products to the Indian Armed Forces.

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. www.Tradtips.com suggests its readers to consult with their investment advisers before making any financial decision.)

Post a Comment (0)
Previous Post Next Post