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.
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
|28 March 2018||Rs. 17||Rs. 200|
Karda Constructions IPO Subscription Details
|Category||SHARES OFFERED||16 March 2018||19 March 2018||20 March 2018||21 March 2018|
Listing Date of Karda is 02nd April 2018.
Listing Day Figures (02nd April 2018)
|BSE (541161)||NSE (KARDA)|
|IPO Price||Rs. 180||Rs. 180|
|Open||Rs. 136||Rs. 136|
|High||Rs. 142.80||Rs. 142.80|
|Low||Rs. 136||Rs. 129.20|
|Close||Rs. 142.80||Rs. 142.80|
Karda Constructions Ltd Address
Download IPO DRHP / Prospectus
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