Kranti Industries Secures Two New Purchase Orders, Expands Customer Base

1 min read     Updated on 24 Jul 2025, 07:52 PM
scanxBy ScanX News Team
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Overview

Kranti Industries Limited has received two new purchase orders: a ₹5 lakh order from Pinnacle Mobility Solutions Private Limited for tooling costs, and a USD 221,000 (approx. ₹184 lakh) order from Ingersoll-Rand Industrial U.S., Inc. for manufacturing tooling parts. The company also obtained BSE trading approval for 2,50,000 equity shares issued on a preferential basis.

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*this image is generated using AI for illustrative purposes only.

Kranti Industries Limited , a manufacturing company listed on the BSE, has announced the receipt of two significant purchase orders from new customers, marking an expansion of its client base and potential revenue streams.

New Orders from Domestic and International Clients

Kranti Industries has secured two new purchase orders:

  1. Pinnacle Mobility Solutions Private Limited (Eka Mobility):

    • Order value: Approximately ₹5.00 lakh
    • Nature: Tooling costs for manufacturing and supply of machining parts
    • Client: An electric commercial vehicle manufacturer based in Pune
  2. Ingersoll-Rand Industrial U.S., Inc.:

    • Order value: Approximately USD 221,000 (equivalent to about ₹184.00 lakh)
    • Nature: Manufacturing and supply of tooling parts for housing components
    • Execution deadline: October 31, 2025

Order Details and Implications

Both orders represent new business relationships for Kranti Industries, potentially opening doors for future collaborations and expanding the company's market presence both domestically and internationally.

The company has confirmed that neither order involves any related party transactions or interests from the promoter group, ensuring transparency in its business dealings.

Additional Corporate Update

In a separate development, Kranti Industries has received trading approval from the BSE for 2,50,000 equity shares. These shares, with a face value of ₹10.00 each, were issued at a premium of ₹70.00 to non-promoters on a preferential basis, following the conversion of warrants. Trading of these shares is set to commence on July 25, 2025.

Financial Implications

While the domestic order from Eka Mobility is relatively modest in value, the international order from Ingersoll-Rand represents a more substantial amount. The combined value of these orders, totaling approximately ₹189.00 lakh, could potentially impact the company's revenue positively in the coming quarters.

The successful execution of these orders, particularly the international one, may position Kranti Industries for further growth in the global market for machining and tooling parts.

As Kranti Industries continues to expand its customer base and secure new orders, investors and market watchers will likely keep a close eye on the company's performance and its ability to capitalize on these new business opportunities.

Historical Stock Returns for Kranti Industries

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Kranti Industries Secures Export Order from Canadian Firm CGL Manufacturing

1 min read     Updated on 15 Mar 2025, 02:45 PM
scanxBy ScanX News Team
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Overview

Kranti Industries Limited has received a new export part development and purchase order from CGL Manufacturing Inc., a Canadian company. The order, valued at approximately USD 49,718 (₹4.13 crore), is for the development and supply of industrial machinery parts (alternator housings). The order is to be executed by June 30, 2025. This marks Kranti's entry into a new international market, expanding its global footprint and showcasing its capabilities in creating custom solutions for international clients.

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*this image is generated using AI for illustrative purposes only.

Kranti Industries Limited (BSE: KRANTI) has announced a significant development in its international business operations. The company has secured a new export part development order along with a purchase order from CGL Manufacturing Inc., a Canadian company part of the Arrow Machine and Fabrication Group.

Order Details

The order, valued at approximately USD 49,718 (about ₹4.13 crore), involves the development and supply of new industrial machinery parts, specifically alternator housings. This marks Kranti Industries' entry into a new international market, expanding its global footprint.

Key Points of the Order

Item Details
Customer CGL Manufacturing Inc. (Arrow Machine and Fabrication Group), Canada
Order Type New Export Part Development and Purchase Order
Product Industrial Machinery Parts (Alternator Housing)
Order Value Approximately USD 49,718
Execution Deadline On or before June 30, 2025
Purchase Order Number P170692

Significance of the Deal

This order is noteworthy for Kranti Industries for several reasons:

  1. International Expansion: It represents a new customer acquisition in the international market, potentially opening doors for future business opportunities in North America.
  2. Product Development: The order includes a development component, showcasing Kranti's capabilities in creating custom solutions for international clients.
  3. Revenue Growth: The order value of nearly USD 50,000 will contribute to the company's export revenue, diversifying its income streams.

Company Statement

In its regulatory filing, Kranti Industries stated:

"The Company has received the New Export Part Development Order along with the Purchase Order... from our new customer CGL Manufacturing Inc. (Arrow Machine and Fabrication Group) from Canada for development and supply of New Industrial Machinery Parts (Alternator Housing)."

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kranti Industries has confirmed that this order does not fall under related party transactions, and none of its promoters or group companies have any interest in CGL Manufacturing Inc.

Conclusion

This new order underscores Kranti Industries' growing capabilities in the industrial machinery parts sector and its efforts to expand its international customer base. As the company works to fulfill this order by the June 2025 deadline, investors and industry observers will be keen to see how this development impacts Kranti's financial performance and global market position in the coming quarters.

Historical Stock Returns for Kranti Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.52%+4.89%-7.14%-11.91%+23.58%+509.38%
Kranti Industries
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