Kranti Industries IPO Review, Date, Price, Issue

Kranti Industries Limited is engaged in the business of manufacturing and supplying of precision machined components. This is mainly Pune based company. Today’s discussion point will be on Kranti Industries IPO Review. Before Kranti Industries IPO Review, let’s have a look at the issue details of the company.

Kranti Industries IPO Review Issue Details :

  • IPO Opens on – Feb 14, 2019
  • IPO Closes on – Feb 20, 2019
  • Face Value – Rs.10 Per Equity Share.
  • Issue Price – Rs. Per Equity Share.
  • Issue Type – Fixed Price Issue IPO.
  • Market Lot – 3000 shares
  • Minimum Order Quantity – 3000 shares
  • Issue Size – 2,388,000 Equity Shares of Rs. 10 aggregating up to Rs. [8.58] Cr.
  • Fresh issue – 1,784,000 Equity Shares of Rs. 10 aggregating up to Rs. [6.68] Cr.
  • Offer for Sale – 604,000 Equity Shares of Rs. 10 aggregating up to Rs. [2.10] Cr.
  • Listing Exchange – BSE SME Exchange.
  • Draft Prospectus – Download.

Objectives of the issue of the Company :

  • To meet the working capital requirement of Kranti Industries Limited.
  • This company’s General corporate expenses is the main object of the issue.
  • To meet the Offer expenses of Kranti Industries Limited.

About The Company –

  • Kranti Industries Limited was incorporated in 1995.
  • This company is primarily known for a range of automotive component and non-automotive (off highway) components.
  • Kranti Industries Limited manufactures customized products for reputed Original Equipment Manufacturers (OEMs) of diverse industries such as passenger cars, electric cars, two-wheelers, tractors, construction pieces of machinery, railways, light vehicles, off-highway, heavy trucks etc.
  • This company has diversified its product portfolio and presently caters to various sectors by developing components for construction, automobile, commercial vehicle, pneumatic tool, windmill, medical industry, etc.
  • Kranti Industries Limited’s manufacturing industry is one of the most competitive sectors in the country with huge competition and a challenging business environment.
  • This company has 155 employees including temporary workers on its payroll.

The Product Portfolio of Kranti Industries Limited :

  • Differential Housings :

Kranti Industries Limited is manufacturing a wide range of differential housings products and has developed a process for machining differential housings in a single setup. This part of this company is the heart of any transmission and requires a machining accuracy within 20 microns. Kranti Industries Limited developed a process to machine this part in a single setup. This company is serving this to various automotive and off-highway industries including electric vehicles. Kranti Industries Limited is manufacturing different types of cases like a single piece, split from the top, split from the center and split from the bottom, also this company is manufacturing different cases from casting as well as forging having hardening operations. Kranti Industries Limited’s product range for differential housing various from 150 MM to 320 MM in Diameter and from 3.0 Kg to 28 Kg in weight.

  • Axle Components :

Kranti Industries Limited is manufacturing a wide range of axle components for agriculture tractors, construction
machinery. This company also manufacture differential carriers, wheel hubs, gearbox housings, axle housings, trumpet housing etc. Kranti Industries Limited are machining these from Ferrous (S.G. Iron and Grey Cast Iron) as well as Non-Ferrous (GDC, PDC) castings. This company’s product range varies from 200 MM to 950 MM in length and from 14 Kg to 175 Kg in weight.

  • Automotive components :

Kranti Industries Limited manufactures a wide range of automotive components like front housings, rear housings,
clutch housings, brackets, oil sump, top cover etc. These parts of this company are used in the different market segment like a passenger car, two-wheelers, light commercial vehicles, heavy commercial vehicles etc. Kranti Industries Limited machined these parts from ferrous as well as non-ferrous castings.

  • Other Industries Components :

In addition to the above, mass production Kranti Industries Limited is also manufacturing in batch production
for various other industries like pneumatic tools, medical, marine, and alternate energy source. This company manufactures these parts as per their customer requirements in small batch sizes also.

  • Prototyping :

In addition to mass and batch production, Kranti Industries Limited also have dedicated capacities, and capabilities to do prototype components for the new projects of their customer. This company has a 5 Axis machine in house installed for doing these types of components. Kranti Industries Limited have done prototyping of engines parts like V8 Cylinder Block for their customers in the automotive sector. Also, this company has done prototyping in titanium (for medical industry), stainless steel (for marine industry) and brass components.

Join Our Team For Rocket Calls

Location :

Registered Office and Work –
Gat No. 267/B/1, At Post Pirangut,
Tal. Mulshi, Pune – 412115,
Maharashtra, India.
Phone – +91 20 6675 5676
Email – [email protected]

The promoter of Kranti Industries Limited :

  • Mr. Sachin Subhash Vora, aged 38 years is one of the Promoter and Managing Director of this Company.
  • Mr. Sumit Subhash Vora, aged 34 years, is the Promoter and whole time director of this Company.
  • Mrs. Indubala Subhash Vora, aged 57 years, is one of the Promoters of this Company.

The Board of Directors of this company :

  • Mr. Sachin Subhash Vora, aged 38 years is one of the Promoter and Managing Director of this Company.
  • Mr. Sumit Subhash Vora, aged 34 years, is the Promoter and whole time director of this Company.
  • Mrs. Indubala Subhash Vora, aged 57 years, is one of the Promoters of this Company.
  • Mr. Prakash Vasant Kamat, aged 68 years, is the Non-Executive Independent Director of this Company.
  • Mr. Shashikant Vishnupant Bugde, aged 68 years, is the Non-Executive Independent Director of this
    Company.
  • Mr. Pramod Vinayak Apshankar, aged 66 years, is the Non-Executive Independent Director of this Company.

Competitive Strengths of Kranti Industries Limited :

  • The main competitive strength of Kranti Industries Limited is quality standards and ISO certified organization.
  • The experienced and professional management team are another strength of this company.
  • One of the competitive strength of Kranti Industries Limited Stable customer base.
  • Wide product range and product segments of this company’s another strength.
  • One of the competitive strength of Kranti Industries Limited’s well-established manufacturing facility.
  • Use of green energy is the strength of this company.

Business Strategies for this company :

  • The main business strategy of Kranti Industries Limited is Brand Image.
  • One of the strategies of this company is strengthening the relationship with existing customers and widen their customer base.
  • Effective Utilization of Funds and Resources are the business strategy of Kranti Industries Limited.
  • The strategy of this company continues to expand and increase production capacity.
  • To expand their business activities by entering into joint venture arrangement is the business strategy of Kranti Industries Limited.
  • One of the business strategies of this company is focused on consistently meeting quality standards.

Company Financials :

Company financial is necessary to analyze the Kranti Industries IPO Review.

Kranti Industries IPO

Kranti Industries IPO Review :

It is the last part of the article Kranti Industries IPO Review. The above financial statement reflects the periodic profit-loss of the year. It shows the company has gained maximum profit in FY18 quarter. We can get the fundamental details from the company prospectus. According to the FY18, basic and diluted EPS (earnings per share) was at the level of 1.28. P/E ratio is not displaying in the prospectus. Return on Net Worth (RoNW) and NAV/Share were at 6.91% and 18.48 respectively. However, our analysis says the company carries a NEUTRAL view. Investors may apply for the IPO but in the long term view.



Categories: IPO Review

Tags: , ,

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Do you want at least RS. 5000 PROFITS EVERYDAY?YES, I WANT
+