Karda Construction Ltd IPO

Add to Calendar 2018-03-16 12:00 AM 2018-03-21 12:00 AM Asia/Kolkata Karda Construction Ltd IPO Karda Construction Ltd India

Karda Constriction Limited is into the real estate business where it construct quality and affordable housing in the Nashik region. India. Till now, company has successfully completed and delivered 15 residential projects and office space projects. Presently they have 13 Ongoing and 3 Planned projects, which they expect to provide an estimated total Carpet Area of 17,13,725 square feet. 

 

Date of establishment : Karda Constriction Limited was incorporated in 2007 

Product & Service Offering: Company develops and sells residential and residential-cum-office projects in Nashik, India

Promoters of Karda Constriction Limited: Mr. Naresh Karda is the promoter of Karda Constriction Limited

Customer segment: Provides affordable housing to the retail customer in Nashik

Objects of the Issue:The objects of the Offer is to:-
-    Part repayment of overdraft facilities
-    Part repayment of Term loans
-    General Corporate purpose.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

24,853.72

24,961.42

23,304.63

18,612.39

16,238.73

 

Total Revenue

11,002.26

10,593.47

4,653.44

5,907.39

4,328.65

 

Profit After Tax

803.14

637.43

307.56

360.55

270.39

 

Issue Detail

  • Issue Open: Mar 16, 2018
  • Issue Close: Mar 21, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 175 - Rs 180 Per Equity Share
  • Bid Lot:80 Shares
  • Minimum Order Quantity:80 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 77.40 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 430,000 1,720,000 2,150,000 - - 4,300,000
Day 1 - Mar 16, 2018IST 1.0500 2.0700 0.1000 - - 0.9800
Day 2 - Mar 20, 2018IST 1.5500 2.1700 0.7800 - - 1.4200
Day 3 - Mar 21, 2018IST 1.5500 3.4400 2.0100 - - 2.5300

Listing Day Trading Information

- BSE NSE
Issue Price Rs 136.00 Rs 136.00
Open Rs 136.00 Rs 136.00
Low Rs 136.00 Rs 129.20
High Rs 142.80 Rs 142.80
Last Trade Rs 142.80 Rs 142.80
Volume 254,041 1,034,837

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