Karda Construction Ltd IPO
Mainboard
₹ 14240 /80 Shares
16 Mar, 2018
Open Date21 Mar, 2018
Close Date27 Mar, 2018
Allotment Date02 Apr, 2018
Listing DateIPO Issue Details
- Issue Price Rs 175 - Rs 180 per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 43,00,000 (Approx.) Equity Shares of Rs 10 with aggregating up to Rs 77.4 Cr# Fresh Issue of 23,00,000 (Approx.) Equity Shares of Rs 10 aggregating up to Rs 41.4 Cr # Offer for Sale of 20,00,000 Equity Shares of Rs 10 aggregating up to Rs 36 Cr
- Listing at NSE, BSE ( T - Group )
- Lead Manager ARYAMAN FINANCIAL SERVICES LIMITED
- Registrar BIGSHARE SERVICES PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹175 - 178 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Mar 16, 2018 and ends on Mar 21, 2018. The allotment for IPO will be finalized on Mar 27, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Apr 2, 2018. The company shall list its equity shares on the NSE, BSE ( T - Group ). BIGSHARE SERVICES PRIVATE LIMITED is the registrar of the issue.
The book-running lead manager for the IPO is/are ARYAMAN FINANCIAL SERVICES LIMITED.
The IPO sets its price band at 175 - 178 for each share. A single application for Karda Construction Ltd IPO must contain at least 80 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,30,000 | 17,20,000 | 21,50,000 | 43,00,000 |
|
Day 1
16-03-18
|
1.05 x | 2.07 | 0.10 x | 0.98 x |
|
Day 2
19-03-18
|
1.55 x | 2.16 | 0.46 x | 1.25 x |
|
Day 3
20-03-18
|
1.55 x | 2.17 | 0.78 x | 1.42 x |
|
Day 4
21-03-18
|
1.55 x | 3.44 | 2.01 x | 2.53 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Part repayment of our overdraft facilities(b) Part repayment of our term loans(c) General corporate purposes(d) Issue related expenses
IPO - FAQs
Ans. Karda Construction Ltd IPO is a Mainboard IPO. The issue is priced at Rs 175 - Rs 180 per Equity Share. The minimum order quantity is 80 Shares. The IPO opens on Mar 16, 2018, and closes on Mar 21, 2018. BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( T - Group ).
Ans. The Karda Construction Ltd IPO opens on Mar 16, 2018 and closes on Mar 21, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Karda Construction Ltd IPO is 43,00,000 (Approx.) Equity Shares of Rs 10 with aggregating up to Rs 77.4 Cr# Fresh Issue of 23,00,000 (Approx.) Equity Shares of Rs 10 aggregating up to Rs 41.4 Cr # Offer for Sale of 20,00,000 Equity Shares of Rs 10 aggregating up to Rs 36 Cr.
Ans. The Karda Construction Ltd IPO price band is set between Rs 175 - Rs 180 per Equity Share.
Ans. To apply for Karda Construction Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Karda Construction Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Karda Construction Ltd IPO is Mar 27, 2018.
Ans. The Karda Construction Ltd IPO will be listed on Apr 2, 2018.
Ans. Follow the steps to check the Karda Construction Ltd IPO allotment status online.
