Kundan Edifice Ltd IPO
Price Range
₹91
-
Min. Quantity
1,200 Shares
Closes on
15 September 2023
-
Min. investment
₹1,09,200
Kundan Edifice Ltd IPO Timeline
| Event | Date |
|---|---|
| Kundan Edifice Ltd IPO Opening Date | 12 September 2023 |
| Kundan Edifice Ltd IPO Closing Date | 15 September 2023 |
| Basis of Allotment | 21 September 2023 |
| Initiation of Refunds | 22 September 2023 |
| Credit of Shares to Demat | 25 September 2023 |
| Kundan Edifice Ltd IPO Listing Date | 26 September 2023 |
Kundan Edifice Ltd IPO Details
| Kundan Edifice Ltd IPO Date | 12 September 2023 to 15 September 2023 |
| Kundan Edifice Ltd IPO Face Value | ₹10 per share |
| Kundan Edifice Ltd IPO Price | ₹91 to ₹0 per share |
| Kundan Edifice Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹25.23 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹25.23 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Divyansh Mukesh Gupta, Vijaya Mukesh Gupta |
Kundan Edifice Ltd IPO Lot Size
The Kundan Edifice Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,09,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,09,200 |
| Maximum | 1 | 1,200 | ₹1,09,200 |
- Strengths
- Risks
- Opportunities
- Long-term relationships with leading industry customers;
- Strong focus on R&D;
- Experienced Promoter Directors with extensive domain knowledge;
- Well established manufacturing facility designed to serve multiple products range;
- Strong and consistent financial performance.
Company Financials
Kundan Edifice Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 81.1 | 98.65 | 7.86 |
| 03-2024 | 58.05 | 84.47 | 3.00 |
| 03-2023 | 29.66 | 60.46 | 5.09 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Meeting incremental working capital requirements
- General corporate purposes
Kundan Edifice Ltd IPO Promoter Holding
| Pre Issue Share Holding | 60% |
| Post Issue Share Holding | 43.81% |
Kundan Edifice Ltd IPO Subscription Status (Bidding Detail)
The Kundan Edifice Ltd IPO is subscribed 37.9169 times on 15 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 37.9169 |
Kundan Edifice Ltd IPO Prospectus
Kundan Edifice Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0OWX01025 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Gala A/B,Ganesh Inds Estate-behind Burma Shell Petrol Pump,Palghar-401208
Phone: +91 7030919707
Email: cs@kundanedifice.com
Website: www.kundanedifice.com
Kundan Edifice Ltd IPO Registrar
Kundan Edifice Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
How to Check the Allotment Status of Kundan Edifice Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Kundan Edifice Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Kundan Edifice Ltd IPO
Kundan Edifice Limited, formerly known Kundan Edifice Private Limited was incorporated on August 12, 2010 with the Assistant Registrar of Companies, Mumbai. Thereafter, Company was converted from a Private Company to a Public Company and the name was changed to Kundan Edifice Limited', with effect from May 08, 2023, issued by the RoC to the Company.