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IPO Synopsis  
Kranti Industries Ltd
Registered Office: [ Gat No. 267/B/1 Post Pirangut , Taluk Mulshi , Pune - 412115 , Maharashtra , India.
                                  Phone:91-20-6675 5676   Fax:
                                  Email: investor@krantiindustries.com ; kil.ipo@sharexindi  
                                  Website: www.krantiindustries.com
Initial public offering of 23,19,000 equity shares of face value of Rs10 each, at an offer price of Rs37 per equity share for cash, aggregating Rs8.58 Crores ("public offer") comprising of a fresh issue of up to 17,52,000 equity shares aggregating up to Rs6.48 Crores ("fresh issue") and an offer for sale of up to 5,67,000 equity shares by Mrs. Basanti Vora (the "promoter group selling shareholder") aggregating up to Rs2.10 Crores ("offer for sale") out of which up to 1,17,000 equity shares of face value of Rs10 each, at an offer price of Rs37 per equity share for cash, aggregating up to Rs0.43 Crores will be reserved for subscription by the market maker to the offer (the "marke Maker reservation portion"). The offer less market maker reservation portion i.e. Offer of upto 22,02,000 equity shares of face value of Rs10 each, at an offer price of Rs37 per equity share for cash, aggregating up to Rs8.15 Crores is hereinafter referred to as the "net offer". The public offer and net offer will constitute 26.35 % and 25.02 % respectively of the post- offer paid-up equity share capital of the company. The face value of the equity shares is Rs10 each and the offer price 37 is 3.7 times the face value of the equity shares.
 
Issue Money Payable On
Opens On Closes On Application Allotment
14-Feb-19 20-Feb-19 Rs 37.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
  Rs Cr Lead Managers to the Issue
Project Cost 6.48 Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 8.58  
Post Issue Equity Share Capital 8.80  
Issue Price Rs.37.00  
 
Projects
To Meet the Working Capital Requirement  General Corporate Purposes 
 
Promoted By
Sachin Subhash Vora 
Sumit Subhash Vora 
Indubala Subhash Vora 
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.
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