Krishca Strapping Solutions Limited was originally incorporated on December 12, 2017 as a Private Company as 'Krishca Strapping Solutions Private Limited' at Chennai. Subsequently, Company converted to Public Limited and the name was changed to Krishca Strapping Solutions Limited'. A Fresh Certificate of Incorporation w.e.f. December 29, 2022 was issued by the Registrar of Companies, Chennai. The Company raised funds through an Initial Public Offer aggregating to Rs 17.92 Crore by issuing 33,20,000 Equity Shares in May, 2023.
Led by the Founder Mr. Lenin K. Balamanikandan, Krishca has emerged as a future-ready powerhouse in special steel and integrated packaging solutions. At present, Company is engaged as the Manufacturer and Wholesaler of Strapping Tool, Strapping Seal, etc at Sivakasi, Tamil Nadu. The Company kick-started the business in August, 2017 to establish a steel strapping plant in India.
In June 2018, the production line was designed by Vision IMP. And Exp.Co.Ltd (Korean and Chinese designers). Since the Design was fully satisfactory and was as per the company's requirement, advance was paid to Zhejiang New Vision IMP. And Exp.Co.Ltd during April 2018 to manufacture the machinery.
In December 2018, MoU was signed with LOGOS Industrial and Logistics Park to construct a factory for its business and later on entered with a lease deed on May 2019. The building was handed over for fit outs and installation by September 2019. The Installation process was comp ...leted by March 2020. By then, the Plant was ready for commercial production. The Company obtained HT1 Electricity Connection for 700 KVA during March 2020 with production capacity of 1500 tons per month. At the Chennai Plant, Heat treated high tensile Steel Straps are manufactured using state-of-the-art equipment and supervised by expert metallurgists and engineers such as PLC Controlled automatic production line, Automated heat treatment process-Uniform grain structure, Pollution free production process - Lead free and Super Jumbo coils upto 500 Kgs.
The Company has an integrated manufacturing facility specializing in the production of high tensile steel straps with an annual capacity of 18,000 MT. It has adopted environment friendly production line for the heat treatment of steel strapping. All of these Steel Strapping are treated with a Wax coating finish, which allow the strapping to flow smoothly in automatic machines, tools in and around every corners of the products.
In May 2024, Company launched a new state-of-the-art production line, increasing the steel strapping capacity by 20,000 Metric Tons. It made significant strides into global expansion strategy with the launching of Krishca Total Packaging Solutions FZCO in the UAE and Krishca Total Packaging and Preservation Solutions PTE LTD in Singapore. The Company has further launched a new hardening and tempering line in Tamil Nadu, in May, 2024.
The Company launched its largest packaging contract with APL Apollo Group in April, 2025. It diversified into primary packaging materials, including HDPE, LDPE, desiccants, VCI-based products, tarpaulins, and pallets as a total packaging solutions provider in FY25.
FAQs on Krishca Strapping Solutions Ltd
1. Can I buy Krishca Strapping Solutions Ltd from PL Capital? ›
Yes, you can invest in Krishca Strapping Solutions Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Krishca Strapping Solutions Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Krishca Strapping Solutions Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Krishca Strapping Solutions Ltd pay dividends? ›
Krishca Strapping Solutions Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Krishca Strapping Solutions Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Krishca Strapping Solutions Ltd. is ₹ 189.5 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Krishca Strapping Solutions Ltd ? ›
The 52-week high and low of Krishca Strapping Solutions Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
