
Kesar India Limited IPO
BSE SMEListed On: Jul 12, 2022 at ₹ 172.50
₹ 272000 /1600 Shares
*Min Investment
30 Jun, 2022
Open Date04 Jul, 2022
Close Date08 Jul, 2022
Allotment Date12 Jul, 2022
Listing DateIPO Issue Details
- Issue Price ₹170 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 930,400 shares of ₹10(aggregating up to ₹15.82 Cr)
- Listing at BSE SME
- List Price 172.50
- Listing Date 2022-07-12
- Lead Manager Hem Securities Limited ,Fedex Securities Limited
- Registrar KFin Technologies Limited
IPO Details
- Retail Portion N/A
IPO Details
Kesar India Limited IPO is an SME IPO, priced at ₹170 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 30, 2022 to Jul 4, 2022. The allotment is expected to be finalized on Jul 8, 2022, and the tentative listing date is Jul 12, 2022.
The registrar of the IPO is KFin Technologies Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 441,600 | 441,600 | 883,200 |
Day 1 30-06-22 06:00 PM | 1.22 x | 0.13 x | 0.67 x |
Day 2 01-07-22 06:00 PM | 1.23 x | 0.30 x | 0.77 x |
Day 3 04-07-22 06:00 PM | 2.62 x | 0.91 x | 1.77 x |
Valuations
Company Financials
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 8.18 | 3.74 | 2.43 | 2.20 |
| Revenue | 6.95 | 1.19 | 0.57 | 0.18 |
| Profit After Tax | 3.24 | 0.01 | 0.03 | 0.007 |
About Company
Kesar India Limited is engaged in the business of developing and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, Kesar Lands.As of December 31, 2021, it has a total land reserve of 123.70 lakh square feet. It has successfully completed many projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature projects. Kesar Gateway is its ongoing project while Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial are some of the upcoming projects.
Read More- Promoter(s)
Mr. Gopal Fatehchand Gupta
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.65%
IPO - Issue Objectives
To finance development Expenses of our Projects & upcoming Projects.
Acquisition of land or land development right; and
General corporate purposes.
IPO - FAQs
Ans. Kesar India Limited IPO is a SME IPO. The issue is priced at ₹170 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jun 30, 2022, and closes on Jul 4, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Kesar India Limited IPO opens on Jun 30, 2022 and closes on Jul 4, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kesar India Limited IPO is 930,400 shares of ₹10(aggregating up to ₹15.82 Cr).
Ans. The Kesar India Limited IPO price band is set between ₹170 per equity share.
Ans. To apply for Kesar India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kesar India Limited 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 Kesar India Limited IPO is Jul 8, 2022.
Ans. The Kesar India Limited IPO will be listed on Jul 12, 2022.
Ans. Follow the steps to check the Kesar India Limited IPO allotment status online.