Kundan Edifice Limited IPO
Kundan Edifice Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹91 per share. The stock debuted at ₹75. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,09,200.
Kundan Edifice Limited IPO
- IPO Dates
- Sep 12, 2023 – Sep 15, 2023
- Price band
- ₹91 per equity share
- Minimum Investment
- ₹1,09,200
- Issue size
- [.] shares(aggregating up to ₹25.22 Cr)
- Lot size
- 1200
- Allotment Date
- Sep 21, 2023
- Listing
- Sep 26, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 12, 2023
Open Date
Completed
-
Sep 15, 2023
Close Date
Completed
-
Sep 21, 2023
Allotment Date
Completed
-
Sep 26, 2023
Listing Date
Completed
Kundan Edifice Limited IPO Essentials
Kundan Edifice Limited IPO Details
Kundan Edifice Limited IPO is priced at ₹91 per share with a total issue size of [.] shares(aggregating up to ₹25.22 Cr). The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹91 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- [.] shares(aggregating up to ₹25.22 Cr)
- Listing at
- NSE SME
- List price
- 75.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Fedex Securities Pvt Ltd
Kundan Edifice Limited IPO Analytics
Kundan Edifice Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Kundan Edifice Limited IPO Subscription Status
Kundan Edifice Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,315,200 | 1,315,200 | 2,630,400 |
|
Day 1
12-09-23 06:00 PM
|
(0.23) x | 1.99 x | 1.11 x |
|
Day 2
13-09-23 06:00 PM
|
(0.56) x | 5.09 x | 2.83 x |
|
Day 3
14-09-23 06:00 PM
|
(3.11) x | 16.36 x | 9.73 x |
|
Day 4
15-09-23 06:00 PM
|
(31.06) x | 44.13 x | 39.96 x |
Kundan Edifice Limited Valuations
Earnings
- EPS (Post IPO)
- ₹6.84/-
- P/E Ratio
- 13.3
Returns
- RoNW
- 63.28%
Kundan Edifice Limited Financials( In Lakhs)
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2,972.07 | 1,928.14 | 1,185.44 | 846.60 |
| Revenue | 4,741.68 | 3,250.60 | 1,522.43 | 649.70 |
| Profit After Tax | 469.52 | 167.82 | 77.22 | 4.05 |
Kundan Edifice Limited Company & Offer Insights
About Kundan Edifice Limited
Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light-emitting diode (LED) strip lights.
Kundan Edifice is primarily an original design manufacturer (ODM) and design, develop, manufacture, and supply products to customers who then further distribute these products under their own brands. The company also provides custom products. Its product list includes HV Flex- High voltage flex, LV Flex- Low voltage flex, RGB LV Flex (Smart Lights), and Accessories Kit.
The company has two manufacturing and assembly facilities in the state of Maharashtra located in Vasai and Bhiwandi. As of April 30, 2023, Kundan employs over 277 employees in its manufacturing facilities, including contract workers.
Kundan Edifice Limited IPO Issue Objectives
- •
- Meeting incremental working capital requirements
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Kundan Edifice Limited IPO is a Fixed Priced IPO worth ₹[.] shares(aggregating up to ₹25.22 Cr). The issue price is ₹91 per share (fixed price). The IPO opens on Sep 12, 2023 and closes on Sep 15, 2023. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Kundan Edifice Limited IPO is ₹91 per share (fixed price).
The lot size of Kundan Edifice Limited IPO is 1200 shares.
The minimum investment for Kundan Edifice Limited IPO is approximately ₹1,09,200 based on the issue price .
Kundan Edifice Limited IPO opens on Sep 12, 2023 and closes on Sep 15, 2023.
The allotment date of Kundan Edifice Limited IPO is Sep 21, 2023.
Kundan Edifice Limited IPO is expected to be listed on Sep 26, 2023, on NSE SME Platform.
Kundan Edifice Limited IPO valuation snapshot: P/E 13.3, EPS ₹6.84/-, P/B N/A, RoNW 63.28%, and market cap N/A.
To apply for Kundan Edifice Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Kundan Edifice Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Kundan Edifice Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Kundan Edifice Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kundan Edifice Limited IPO allotment status on IPO Ji for quick and easy access.