Krishna Buildspace Ltd. IPO Details
Krishna Buildspace was incorporated on October 10, 1995. With decades of operational experience, the company has developed end-to-end in-house capabilities across design, engineering, project management, and execution, enabling full control over quality, costs, and timelines. Its integrated model, supported by subsidiaries, allows delivery of comprehensive services—including MEP and wastewater management—without relying on external contractors
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 9.9 M | - | - | ₹0 | DRHP DOC |
Krishna Buildspace issue details
Krishna Buildspace has 9.9 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Krishna Buildspace IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Krishna Buildspace NUMBER OF SHARES ON OFFER
Krishna Buildspace FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 96.0 | 8.9 | -10.2 | -12.3 | 17.5% |
| FY25 | 183.3 | 15.1 | 1.7 | 2.2 | 15.4% |
| FY24 | 172.1 | 11.3 | -10.7 | -11.0 | 13.0% |
| FY23 | 164.8 | 7.5 | 1.2 | -7.6 | 9.5% |
Krishna Buildspace INFORMATION ON IPO ISSUE
About Krishna Buildspace
Krishna Buildspace was incorporated on October 10, 1995. With decades of operational experience, the company has developed end-to-end in-house capabilities across design, engineering, project management, and execution, enabling full control over quality, costs, and timelines. Its integrated model, supported by subsidiaries, allows delivery of comprehensive services—including MEP and wastewater management—without relying on external contractors
Object of the Issue
- Funding working capital requirements of the company
- Funding capital expenditure requirements towards purchase of equipment/machineries
- General corporate purposes
Krishna Buildspace - PROMOTERS
| Name |
|---|
| Sandip Mohanbhai Sorathia |
| Harsukhbhai Oghadbhai Bhanderi |
| Pankajbhai Haribhai Bhanderi |
| Pravinbhai Chanabhai Sorathia |
| Mohanbhai Chanabhai Sorathiya |
| Jayantibhai Chanabhai Sorathia |
Krishna Buildspace - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sandip Mohanbhai Sorathia | Chairman & Managing Director |
| Harsukhbhai Oghadbhai Bhanderi | Executive Director |
| Pankajbhai Haribhai Bhanderi | Executive Director |
| Pravinbhai Chanabhai Sorathia | Executive Director |
| Upasana Sagar Patel | Independent Director |
| Vinod Jivrajbhai Desai | Independent Director |
| Navneet Savaliya | Independent Director |
| Jay Vrajlal Sorathiya | Independent Director |
Krishna Buildspace Book Running Lead Managers
Mefcom Capital Markets Limited
investor.grievance@mefcom.in
Krishna Buildspace Registrar to the Offer
MUFG Intime India Private Limited
krishnabuildspace@in.mpms.mufg.com
Krishna Buildspace Strengths
In-house capabilities
With decades of experience, the company has successfully executed a wide range of public and private sector construction projects for government bodies, PSUs, and private developers, demonstrating strong compliance and execution capabilities. Its multi-state presence, diversified client base, and ability to manage projects across remote locations reduce concentration risk and support consistent project acquisition
Diversified order book
The company’s order book reflects the unexecuted value of ongoing projects and provides visibility into future revenues and growth. As of December 15, 2025, it comprised 19 projects across 8 states and 2 union territories with an unexecuted value of Rs 524.17 crore, spanning multiple sectors and demonstrating strong client confidence and execution capability
Krishna Buildspace Risks
Bank guarantee risks
The company is required to furnish bank guarantees and letters of credit for its EPC and government contracts, and any inability to obtain, renew, or comply with such guarantees could limit new contracts and affect cash flows and financial condition. Invocation of these guarantees or insufficient collateral to secure them may adversely impact operations, liquidity, and business growth
Seasonality
The company’s construction operations are subject to seasonal and climatic conditions, such as monsoons, heavy rainfall, and extreme weather, which may disrupt project execution and resource utilization. Such delays or disruptions can shift revenue recognition, increase costs, and adversely affect revenues, cash flows, and overall financial performance
Operational risks
The company operates in the Indian EPC sector, which is exposed to significant sectoral, operational, and regulatory risks that may adversely impact project execution, profitability, and growth. Delays in procurement of specialized equipment due to planning issues, scope changes, or scheduling errors can lead to cost overruns and timeline slippages, negatively affecting margins and contractual performance
IPO FAQs
The promoters of the company are Sandip Mohanbhai Sorathia, Harsukhbhai Oghadbhai Bhanderi, Pankajbhai Haribhai Bhanderi, Pravinbhai Chanabhai Sorathia, Mohanbhai Chanabhai Sorathiya and Jayantibhai Chanabhai Sorathia.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.