Kushal Ltd IPO

Closed

Subscription Details

  • Open Date 14 Aug
  • Close Date 21 Aug
  • Lot Size 4000
  • IPO Size ₹ 27.75 Cr
  • IPO Price Range ₹ 35
  • Min Investment ₹ 140000

Kushal Ltd IPO Timeline

Open Date
14 Aug
Close Date
21 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 79,28,000 equity shares of Rs. 10 each (Equity Shares) of Kushal Tradelink Limited (ktl or The Company or The Issuer) for cash at a price of Rs. 35 per share (The Issue Price), aggregating to Rs. 27.75 crores (The Issue), of which, 4,08,000 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (The Market Maker Reservation Portion). The issue less the Market maker reservation portion i.e. Issue of 75,20,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 33.41% and 31.69%, respectively of the post issue paid up equity Share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 3.5 times of the face value.

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 Kushal Ltd IPO

Contact Information

Address

Plot No 43 B/S Navneet Prakash,
Sukhramnagar Gomtipur,
Ahmedabad, Gujarat 380023

Kushal Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account