Karda Construction IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 77.40 Cr. The company is based in Nashik and caters to Real Estate sector. Aryaman Financial Services is the merchant banker of Karda Construction IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th September 2017.
Karda Construction IPO open date is 16th March 2018 and close date is 21st March 2018. IPO Allotment Date is 26th March 2018 and Listing date is 2nd April 2018.Karda Construction IPO size is ₹ 77.40 Cr. with IPO price of ₹ 180.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Karda Construction IPO. Bigshare Services Private Limited is the Registrar for Karda Construction IPO.
Karda Construction IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Karda Construction IPO, based in Nashik, operates in the Real Estate sector with a focus on construction industry. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Karda Construction IPO size is ₹ 77.40 Cr. with fresh issue size of ₹ 77 and Offer for sale being ₹ Nil
The IPO allotment date for Karda Construction IPO is expected to be 26th March 2018, after the finalization of basis of allotment. Investors can check Karda Construction IPO allotment status on the registrars website, Bigshare Services Private Limited . Karda Construction IPO refund dates are 27th March 2018.
Karda Construction IPO is expected to be listed on 2nd April 2018.
The upper price band for the Karda Construction IPO is set at ₹ 180.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Karda Construction IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Karda Construction IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st March 2018. After submission, funds are blocked until the basis of allotment of Karda Construction IPO is finalised.
The merchant banker for Karda Construction IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Karda Construction IPO RHP for further details.
The registrar for Karda Construction IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Karda Construction IPO through their official website or helpline.
Karda Construction IPO was subscribed 2.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Karda Construction IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Karda Construction Financial Review Page
Merchant Banker(s) of Karda Construction IPO: Aryaman Financial Services Limited
Karda Construction IPO subscription was 2.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Karda Construction IPO listed at a listing price of 142.80 against the offer price of 180.00.
The current market price of Karda Construction is 0.43.
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