Issue Price
₹54
Per Share
GMP
NIL
Grey Market
Est. Listing
₹54
Expected Price
Min. Application
₹216,000
2 lots × 2000 shares
Incorporated in 2017, Krishca Strapping Solutions Limited is a manufacturer and wholesaler of Strapping Tools and Strapping Seal.The company has a manufacturing facility in Chennai with a capacity of 18,000 MT of steel straps and 80 million Seals per annum.Krishca Strapping Solutions' product range includes:PLC Controlled automatic production line.Automated heat treatment process-Uniform grain structure.Pollution-free production process - Lead-free.Super Jumbo coils upto 500 KgThe steel strap quality requirements of the company are in compliance with American, European, and Indian standards. That is IS 5872:1990 - Cold rolled steel straps (box strappings) specification; ASTM D-3953 - Standard Specification for Strapping, Flat Steel and Seals; and BS EN 13246:2001 - Packaging.Krishca Strapping Solutions has a team of 50 employees working for them.
Krishca Strapping Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 300,000 | — | ₹1.62 Cr | — |
| TOTAL | 3,320,000 | 100.00% | ₹17.93 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| sNII (Min) | 14 | 28,000 | ₹1,512,000 |
| bNII (Min) | 68 | 136,000 | ₹7,344,000 |
| Particulars | 15-Feb-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 6351.23 | 1871.71 | 971.05 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 785.75 | 150.54 | -67.25 |
| Net Worth | 945.26 | 159.51 | -120.28 |
| Total Assets | 2696.96 | 1544.00 | 1292.02 |
| Reserves & Surplus | 445.26 | -340.49 | -421.64 |
| Total Borrowings | 1193.01 | 939.28 | 1337.48 |