Kranti Industries Ltd - Prospectus Synopsis

Kranti Industries Ltd RHP

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    Website : www.krantiindustries.com

Initial public offering of 23,19,000 equity shares of face value of Rs. 10 each, at an offer price of Rs.37 per equity share for cash, aggregating Rs.8.58 Crores (public offer) comprising of a fresh issue of up to 17,52,000 equity shares aggregating up to Rs. 6.48 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 Rs. 2.10 Crores (offer for sale) out of which up to 1,17,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 37 per equity share for cash, aggregating up to Rs. 0.43 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 Rs. 10 each, at an offer price of Rs. 37 per equity share for cash, aggregating up to Rs. 8.15 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 Rs. 10 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-2019 20-Feb-2019 Rs 37 - 0 Rs 0 - 0
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 8.8  
Issue Price Rs. 37  
Projects
To reduce overall indebtedness of the company
Promoted By Listing At Registrar to the Issue
Indubala Subhash Vora
Sachin Subhash Vora
Sumit Subhash Vora
Suumit Subhash Vora
BSE - SME Sharex Dynamic (India) Pvt Ltd
 

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