The Kundan Edifice IPO has begun on 12-September-2023. It will close on 15-September-2023. The Total IPO Size is 25.22 Crores. The company set its IPO price is 91 Rs Per Share. Basically, There are two basic categories in Kundan Edifice IPO Subscription 1) Other 2) Retail Individual Investors (RIIs)
Kundan Edifice is established in 2010.
Kundan Edifice is engaged in the manufacturing, assembly and sale of light emitting diode (“LED”) strip lights.
They provide the products to an array of electrical and electronic manufacturing brands. The industry in which our customers sells their products includes real estate, railways, automobiles, decorative lighting, etc.
They have two manufacturing and assembly facilities in the state of Maharashtra with one located in Vasai and other in Bhiwandi (collectively “manufacturing facilities/units”).
Check :- Upcoming SME IPO 2023
Kundan Edifice IPO Promotors
Mr. Divyansh Mukesh Gupta and Mr. Vijaya Mukesh Gupta are the promoters of the company.
Kundan Edifice IPO Date, Details & Price Band
| IPO Opening Dates | 12 September 2023 |
| IPO Closing Dates | 15 September 2023 |
| Price Band | 91 Rs |
| Fresh issue | 25.22 Crore ( 2,772,000 Shares ) |
| Total IPO size | 25.22 Crore ( 2,772,000 Shares ) |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
Kundan Edifice IPO Market Lot
The Kundan Edifice IPO minimum market lot is 1200 shares With 109,200 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 109,200 Rs |
| Maximum | 1 | 1200 | 109,200 Rs |
| S-HNI (Min) | 2 | 2400 | 218,400 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Basic & Diluted EPS after bonus | |
| 31-Mar-20 | 846.60 | 649.70 | 4.05 | 0.06 |
| 31-Mar-21 | 1,185.44 | 1,522.43 | 77.22 | 1.06 |
| 31-Mar-22 | 1,928.14 | 3,250.60 | 167.82 | 2.24 |
Kundan Edifice IPO GMP Grey Market Premium
Kundan Edifice IPO GMP Grey market premium has been started today. Check Latest Kundan Edifice IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Kundan Edifice IPO Prospectus
| DRHP | Download |
| RHP | Download |
Kundan Edifice IPO Reviews
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Kundan Edifice IPO Form Download
Kundan Edifice IPO is available on NSE Website as well as on our Portal. Please click here Kundan Edifice IPO form Download.
Kundan Edifice IPO Allotment Date & Details (Tentative)
| Allotment Date | 21 September 2023 |
| Initiation of refunds | 22 September 2023 |
| Transfer of shares to Demat accounts | 25 September 2023 |
| Listing Date | 26 September 2023 |
| Check Allotment Status | Click here |
Registrar of Kundan Edifice IPO
CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road, Chennai- 600002, India.
Tel No: 044 4002 0700
E-mail Id: [email protected]
Website: www.cameoindia.com
Investor Grievance ID: [email protected]
Contact Person: K. Sreepiya
SEBI Registration No: INR000003753
Kundan Edifice Contact Details
Kundan Edifice Limited
Gala A/ B, Ganesh Industrial Estate,
behind Burma Shell Petrol Pump,
Vasai East, Palghar – 401208
Phone: +91 7030919707
Email: [email protected]
Website: http://www.kundanedifice.com/index.php
Kundan Edifice IPO Lead Managers
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: [email protected]
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: [email protected]