Kundan Edifice IPO Date, GMP, Review, Price, Form & Market Lot Details

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

Kundan Edifice IPO
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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]