Krishca Strapping Solutions Limited
ListedSMEManufacturing · NSE
Incorporated in 2017, Krishca Strapping Solutions Limited is a manufacturer and wholesaler of strapping tools and strapping seals. The company operates a manufacturing facility in Chennai with an annual capacity of 18,000 MT of steel straps and 80 million seals. Its product range includes PLC-controlled automatic production lines, automated heat treatment processes for uniform grain structure, and pollution-free, lead-free production. The steel straps meet American, European, and Indian standards, including IS 5872:1990, ASTM D-3953, and BS EN 13246:2001, and the company employs a team of 50 professionals.
Price Band
₹51 – ₹54
Issue Size
₹17.93 Cr
Lot Size
2000 shares
GMP
₹70
+129.6%
Est. Listing
₹124
at current GMP
Subscribed
384.29x
overall
Open
16 May 2023
Close
19 May 2023
Allotment
24 May 2023
Refund
25 May 2023
Demat Credit
26 May 2023
Listing
29 May 2023
Last updated 12 months ago
Key Highlights
- •Leading player in the Manufacturing segment
- •Price band established at ₹51 - ₹54 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹124 based on current grey market activity