Krishna Buildspace Limited

Krishna Buildspace (NEW IPO): GMP, Price, Review, Profit, Detail

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Krishna Buildspace Limited is a Gujarat-based construction and engineering services company offering end-to-end project execution from design to delivery across residential, commercial, institutional, industrial, infrastructure and allied sectors. It integrates planning, project management, civil works and allied engineering disciplines

Krishna Buildspace delivers end-to-end construction services, including design & architecture, pre-construction planning, project management, engineering and execution. Its integrated model spans residential, commercial, industrial, institutional and infrastructure projects.
It has executed 82 projects covering ~2.30 million sq. ft. with total project value ~₹639.2 crore over the past decade. It currently has 19 ongoing projects across eight states and two Union Territories reflecting broad project footprint.

Krishna Buildspace Limited was incorporated in 1995 and currently Mr. Sandip Mohanbhai Sorathia serves as the Chairman & Managing Director of the company.

Krishna Buildspace Limited has filed DRHP for an IPO of 9,900,000 Equity Shares that includes a Fresh Issue of 9,000,000 Equity Shares and an Offer for Sale of 900,000 Equity Shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:9,900,000 Equity Shares
Fresh Issue:9,000,000 Equity Shares
Offer for Sale:900,000 Equity Shares
Price Range:TBA
Lot Size:TBA
GMPPending

Krishna Buildspace Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 46.07 Cr
Revenue:₹ 183.28 Cr
EBITDA₹ 28.41 Cr
PAT₹ 15.10 Cr
EBITDA Margin:~15.40%
PAT Margin~-8.18%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Purchase of Equipment/Machineries~ ₹ 05 Cr
Working Capital Requirement~ ₹80 Cr
Borrowing prepayment/repayment~ ₹ 2250 Cr
General Corporate PurposeBalance

Krishna Buildspace Limited Financial Data

202320242025
Revenue (₹ Cr)₹164.8₹ 172.1₹ 183.3
PAT (₹ Cr)₹ 7.5₹11.3₹15.1
Asset (₹ Cr)₹ 91.7₹125.6₹149.0
Net Worth (₹ Cr)₹ 18.7₹ 29.8₹ 46.1

Krishna Buildspace Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
24-Mar₹ –₹ –₹ –
23-Mar₹ –₹ –₹ –
22-Mar₹ –₹ –₹ –
21-Mar₹ –₹ –₹ –
20-Mar₹ –₹ –₹ –
Krishna Buildspace Limited

Krishna Buildspace Limited Pro’s and Con’s

Strengths:

  • Strong execution track record with 80+ completed projects across multiple sectors.
  • Diversified presence in residential, commercial, industrial, and infrastructure construction.
  • Established operating history with roots dating back to 1995.
  • Healthy order book with multiple ongoing projects across several states.
  • IPO proceeds aimed at working capital and business expansion, supporting future growth.

Risks:

  • Construction business is highly dependent on economic and real estate cycles.
  • Margins can be impacted by raw material price volatility (cement, steel, etc.).
  • High working capital requirements may strain cash flows.
  • Competitive industry with many regional and national players.
  • IPO pricing and valuation clarity pending until final price band announcement.

Krishna Buildspace Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Sandip Mohanbhai Sorathia~ 15.87 %
Harsukhbhai Oghadbhaib Bhanderi~ 15.87 %
Pravinbhai Chanabhai Sorathia~ 15.87 %
Mohanbhai Chanabhai Sorathiya~ 15.87 %
Jayantibhai Chanabhai Sorathiya~ 15.87 %
Pankajbhai Haribhai Bhanderi~ 15.59 %

Krishna Buildspace Limited Lot Size details

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Krishna Buildspace Limited

Lead / Book Running Lead ManagersMefcom Capital Markets Limited
Registrar (RTA)MUFG Intime India Private Limited

Krishna Buildspace Limited FAQ‘s

  • It is an Ahmedabad based construction & EPC firm providing end‑to‑end design, planning, engineering, project management and execution services across residential, commercial, industrial and infrastructure sectors.

  • Krishna Buildspace is raising funds via IPO to support working capital, equipment/machinery capex.

  • The issue size of the IPO is 0.99 Cr equity shares (0.90 Cr Fresh Issue + 0.09 Cr as OFS). It will be listed on BSE and NSE platform.

  • Key risks include cyclic construction demand, raw material cost volatility, competitive pressure.

  • Upsides include a strong order book (~₹524 crore), multi‑sector execution experience and cash infusion to strengthen operations and future bidding capacity.

  • Investors can apply through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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