114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Karda Construction IPO (Karda Construction Limited IPO) Detail

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.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Karda Construction IPO Date

Date of DRHP:
27th September 2017
IPO Open Date:
16th March 2018
IPO Close Date:
21st March 2018
IPO Allotment Date:
26th March 2018
Initiation of Refund:
27th March 2018
IPO Listing Date:
2nd April 2018

Karda Construction IPO Info, Size, Subscription

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.

IPO Size :
₹ 77.40 Cr.

Issue Price:
₹ 180.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
20.00

Subscription :
2.53 times

Pre Issue Promoter Holding :
76.00 %

Post Issue Promoter Holding :
45.53 %

Karda Construction IPO Information

Sub Sector : construction industry
The Karda Group is a well-established construction company based in Nashik, with over two decades of experience in the industry. Founded in 1994 by Mr. Naresh Karda, the group initially focused on affordable housing in the residential segment. From 2001 onwards, the group expanded into the commercial segment. Karda Construction Limited, incorporated in 2007, was established to formalize the group's activities in real estate. The company is committed to quality and affordable developments, having built a strong brand and reputation in the market. With a track record of innovative projects, contemporary architecture, and quality construction, the company was recognized with the "Mega Builder of the Year" award by Divya Marathi in June 2013.

Object of Issue (Karda Construction IPO Objectives)

  • Part repayment of overdraft facilities
  • Part repayment of overdraft facilities
  • General corporate purpose
  • Issue related expenses

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 Registrar (RTA)

Bigshare Services Private Limited

Karda Construction IPO Lead Manager (BRLM)

Aryaman Financial Services Limited

Karda Construction IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Karda Construction IPO?

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

When is Karda Construction IPO allotment?

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.

When is Karda Construction IPO listing date?

Karda Construction IPO is expected to be listed on 2nd April 2018.

What is the price band for Karda Construction IPO?

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.

What is Karda Construction IPO Review?

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.

How to Apply for Karda Construction IPO?

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.

Who is the merchant banker of Karda Construction IPO?

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.

Who is the Registrar of Karda Construction IPO?

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.

What is the Karda Construction IPO subscription?

Karda Construction IPO was subscribed 2.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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Read more details of this IPO

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FAQs

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

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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