Krishca Ltd : A SME offering steel strapping Solution

https://nsearchives.nseindia.com/corporate/KRISHCA_04072024201349_KRISHCAEGMNOTICE2024.pdf

Objects of the Preferential Issue/ Issue of Equity Shares and Warrants: –

1. Expansion of manufacturing facilities of the Company. – Rs. 46.50 crs.
2. Working Capital Requirements of the Company. – Rs. 12.50 crs.
3. General Corporate Purpose. – Rs. 9.04 crs.

Promoters holding after dilution: 52.07%

Note:- All information below are gathered through internet. So, it may not be true.

Strategic investors:

1. M/s. S Gupta Family Investments Pvt Ltd – Apl Apollo Group.
2. M/s. Subham Buildwell Private Limited – Shyam Metalics & Energy Ltd.
3. M/s. Narantak Dealcomm Limited – Shyam Metalics & Energy Ltd.
4. M/s. Real & Sons – Real ispat and power limited.(Raipur)
5. M/s. Shri Bajrang Commodity – Shri Bajrang Power & Ispat Ltd.(Raipur)

Other prominent Investors: –

1. Sachin Kasera – Svan Investment Managers. (Before co-founding Svan Investment Managers, Sachin kasera was Fund Manager at Lucky Investment Managers from 2009 to 2019).
2. Jigar Chandrakant Shah – Svan Investment Managers.( Before co-founding Svan Investment Managers, he spent over sixteen years at Motilal Oswal catering to HNIs and institutional clients).
3. Svastha consulting LLP –- Ashish Kehair. ( Managing Director and CEO of Nuvama Wealth Management Limited.)
4. M/s Marigold Partners – Sachin Kasera.

Disclosure: – Invested. Not a buy or sell recommendation.