SME IPO Details

Published : 11  May 2023

Open Date

16 May 2023

19 May 2023


₹  17.93 Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

29 May 2023

Price Range

₹51 to ₹54 per share

Krishca Strapping Solutions Private Limited is a startup in the business of manufacturing Steel Straps, Seals, and providing other allied packaging solutions.

The Krishca Strapping Solutions  IPO entails of 3,320,000 shares. 

The net proceeds from the issue will be used for: ​ 1. Capital Expenditure for setting up of New Strapping Line 2. Repayment of certain secured borrowings in full 3. General corporate expenses and issue expenses 

The Krishca Strapping Solutions IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lot (2000 shares or ₹10,8000) 

The allotment date of Krishca Strapping Solutions Limited IPO  is set for 24th May, 2023 

Krishca Strapping Solutions IPO is promoted by Mr. Lenin Krishnamoorthy Balamanikandan

Share India Capital Services Private Limited is the lead manager to the issue.