Nashik-based real estate company Karda Constructions Limited is going to hit the stock markets soon. The IPO will be launched in March 2018. There are only a few days left for the IPO. The announcement is already made by the company that it is floating an IPO. This will be the busiest Week For Primary Markets Since 30th October 2017. Five IPOs will open this week to raise as much as Rs 9,740 crore from the market, making March 2018 the busiest week for the primary market in the last five months. Bharat Dynamics Ltd., Bandhan Bank Ltd., Hindustan Aeronautics Ltd., Sandhar Technologies Limited and Karda Constructions Ltd will try their luck.
In the month of October 2017, three companies had raised around Rs 11,000 crore from the primary markets. The situation looks similar to the October 2017. Now investors have to make their mind. The investors are a bit worried that where should they put their money. Investors should study the fundamentals before applying. They need to check the DRHP / Prospectus of the IPOs themselves to get basic details about the IPO such as company business, profit, loss, debt and future plans.
After reading these details, they need to make their mind. In the given section, we will be providing the latest Karda Constructions IPO Grey Market Price. The IPO GMP information will be updated daily and it will be accurate. So, investors should bookmark this page.
Karda Constructions IPO Grey Market Price / Rates / Premium
Let us check some essential information about this IPO which can be important.
- Name of the IPO: Karda Constructions Limited IPO
- Dates: 16th March 2018 to 21st March 2018
- Price: Rs. 175 – Rs. 180 per equity shares
- Market Lot: 80 Shares
- Promoter: Mr. Naresh Karda
The Realty firm Karda Constructions Limited (KCL) has notified that it is going to open its IPO in the bourses on 16th March 2018, while the last date to apply for the IPO will be 21st March 2018. The company will offer its shares in the price band of Rs. 175 to Rs. 180 per equity share. Karda Constructions is mainly involved in the business of residential construction and has completed 17 projects so far. Currently, the Karda Constructions has 11 ongoing and three planned projects.
So, those who want to apply for the IPO should check the given page of our website where we have given all information about the IPO.
Karda Constructions IPO GMP
The company has said in a statement that it is going to offer 43 lakh equity shares through this IPO. The issue will consist of the fresh issue and offer for sale. It will issue 23 lakhs of fresh equity shares and 20 lakh shares for the offer for sale. If you want to apply for the this IPO or if you are planning to apply for this IPO and want to check the daily grey market price of the IPO then you can do it by checking the below-given table. The below-given table will be updated daily with the fresh and updated price.
|16 March 2018||Rs. 17||Rs. 225|
|15 March 2018||Rs. 15||Rs. 225|
|14 March 2018||Rs. 8|
|13 March 2018||Rs. 11|
|12 March 2018||Rs. 11|
|09 March 2018||Rs. 10|