
Industrials · BSE
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.
Price Band
₹37
Issue Size
₹9.00 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹37
at current GMP
Subscribed
—
Open
14 Feb 2019
Close
20 Feb 2019
Allotment
26 Feb 2019
Refund
27 Feb 2019
Demat Credit
28 Feb 2019
Listing
28 Feb 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,216,216 | — | 0.00x |
| Non-Institutional (NII / HNI) | 364,865 | — | 0.00x |
| Retail Individual (RII) | 851,351 | — | 0.00x |
| Total | 2,432,432 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 284 | 284 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 9 | 9 | 1.00x |
| Total Applications | 295 | 295 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Kranti Industries Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹9 Crores. The shares are offered at a price band of ₹37 to ₹37 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-02-20, the basis of allotment is scheduled to be finalized on 2019-02-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Currently, Kranti Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹37 to ₹37 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,11,000. Expected listing price is ₹37 per equity share.
The Kranti Industries Limited IPO aggregate issue size is ₹9 Crores with an equity price band set at ₹37 to ₹37 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,11,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2019-02-26. Investors can verify status using PAN card or application number.
Kranti Industries Limited shares are scheduled to list on BSE on 2019-02-28.