Karda Constructions Ltd IPO

Closed

Subscription Details

  • Open Date 16 Mar
  • Close Date 21 Mar
  • Lot Size 80
  • IPO Size ₹ 77.4 Cr
  • IPO Price Range ₹ 180
  • Min Investment ₹ 14400

Karda Constructions Ltd IPO Timeline

Open Date
16 Mar
Close Date
21 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 43,00,000 equity shares of face value of Rs. 10 each (the equity shares) of Karda Constructions Limited (the company or issuer) for cash at a price of Rs. 180 per equity share (including a share premium of Rs. 180 per equity share) aggregating to Rs. 77.40 Crores (the issue) comprising of a fresh issue of 23,00,000 equity shares by the company aggregating up to Rs. 41.40 Crores (the fresh issue) and an offer for sale of 20,00,000 equity shares by Mr. Naresh Karda (referredto as the selling shareholder) aggregating to Rs. 36 Crores (offer for sale). the issue would constitute 34.96%, of the post-issue paid-up equity share capital. The face value of equity shares is Rs.10 each. The issue price is Rs.180 per equity share which is 18 times the face value of the equity share.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Karda Constructions Ltd IPO

Contact Information

Address

2nd Floor Gulmohar Status,
Above Business Bank SamarthNgr,
Nashik, Maharashtra 422005

Karda Constructions Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account