Karda Constructions Ltd IPO, Karda Construction KCL IPO Details

By | March 28, 2018
Karda Constructions Ltd IPO, KCL IPO, Karda Construction IPO Detail, Karda Construction IPO Allotment, Karda Construction IPO Grey Market, GMP Premium, and Price.

Nashik-based real estate company Karda Constructions Limited (KCL) has notified that it is entering the capital market with the Initial Public Offering (IPO). Karda Constructions are Builders & Developers in Maharashtra. The company wants to go public with an IPO and it has notified the exchanges that it will launch its IPO in March 2018.

March 2018 is getting hotter now as Hindustan Aeronautics Ltd (HAL), Bandhan Bank Limited and Bharat Dynamics Ltd has already given the green signals for their IPOs. Now, the small company like Karda Construction is also coming. Only time can tell what will happen. Will Karda Construction IPO survive? Or maybe People will put their money in Karda Construction as small company’s IPO has more chances of manipulation after the listing.

Karda Construction IPO

Karda Construction IPO

As per the latest information, the IPO of Karda Constructions opens in the bourses on 16th March 2018. The end date of Karda Constructions IPO would be 21st March 2018. The company has also decided the price band of the IPO and the price band has been kept at Rs. 175 to Rs. 180 per equity share.

The IPO will be consist of the fresh issue and offer for sale (OFS). The company is going to issue the 43 lakh equity shares. The fresh issue will be of 23 lakhs of equity shares and offer for sale for 20 lakh shares.

Those investors who are planning to apply for this IPO should download the Karda Construction DRHP / Prospectus from the bottom of this page. Other relevant details about the Karda Construction KCL IPO such as Karda Construction IPO Allotment Status, Karda Construction IPO Price, Karda Construction IPO Listing Date, Financials, Review, Poll etc. are provided below for our readers. Please read the prospectus of the IPO before applying.

Karda Constructions IPO / KCL IPO

Karda Constructions IPO Grey Market Price, Rates, BDL GMP Premium

DateGMPKostak RateSauda
28 March 2018Rs. 17Rs. 200

Karda Constructions IPO Subscription Details

CategorySHARES OFFERED16 March 201819 March 201820 March 201821 March 2018
RII21500000.100.460.782.01
NII17200002.072.162.173.44
QIB4300001.051.551.551.55
Total43000000.981.251.422.54

Listing Date

Listing Date of Karda is 02nd April 2018.
Listing Day Figures (02nd April 2018)

 BSE (541161)NSE (KARDA)
IPO PriceRs. 180Rs. 180
OpenRs. 136Rs. 136
HighRs. 142.80Rs. 142.80
LowRs. 136Rs. 129.20
CloseRs. 142.80Rs. 142.80

Karda Constructions Ltd Address

Registered Office: 2nd Floor, Gulmohar Status, Above Business Bank, Samarth Nagar, Nashik – 422 005

Corporate Office: 2nd Floor, Saikrupa Complex, Tilak Road, Muktidham, Nashik Road, Nashik – 422 101

Telephone:
Fax: +91 253 246 5436
E-mail: [email protected]
Website: www.kardaconstruction.com

Download IPO DRHP / Prospectus

Download Now – Click Here.

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