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
Live Grey Market Premium
Krishca Strapping Solutions Limited GMP Today
Last updated: 11 Nov 2025
Current Premium
₹70+129.6%
Issue Price (Upper)
₹54
Band: ₹51 – ₹54
Estimated Listing Price
₹124
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,08,000
Estimated Profit / Lot
₹1,40,000
2000 × ₹70
Krishca Strapping Solutions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹70
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹70 | 129.6% | ₹124 |
| 30 Oct 2026 | +₹70 | 129.6% | ₹124 |
| 29 Oct 2026 | +₹63 | 116.7% | ₹117 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Krishca Strapping Solutions Limited Public Issue & Market Profile
Krishca Strapping Solutions Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹17.93 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-05-19, the basis of allotment is scheduled to be finalized on 2023-05-24. 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 (Purva Sharegistry India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Krishca Strapping Solutions Limited IPO GMP today?
The latest grey market premium for Krishca Strapping Solutions Limited IPO is ₹70, which indicates an expected listing price of ₹124.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.