73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Karda Construction IPO (Karda Construction Limited IPO) Detail

Karda Construction Limited is an Real Estate based company, located in Nashik, Karda Construction Limited IPO size was 77.40 Cr. and was issued at 180.00 per share. The share of Karda Construction Limited were listed at 142.80 per share and are currently trading at 0.37 per share.

Type :
Sub Sector : Construction Industry
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
91.40 Cr.

PAT :
11.04 Cr.

Pricing Report

Issue Price :
180.00

Listing Price :
142.80

Current Market Price :
0.37

Issue Price vs CMP :
17.63 (97.94%)

listing Price vs CMP :
13.91 (97.41%)

Performance Report (CAGR* wise)

CAGR : -41.73
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Karda Construction

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

Karda Construction MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2018
IPO Size :
77.40 Cr.
IPO Subscription :
2.53 X     
PE Multiple :
20.00
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

See Other MainBoard IPOs in Nashik

Scoda Tubes Limited

  manufacturer of stainless-steel tubes and pipes

  Ahmedabad


Prostarm Info Systems Limited

  designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment

  Mumbai


Aegis Vopak Terminals Limited

  Owns and operates storage terminals for liquefied petroleum gas (LPG)

  Surat


Leela Hotels - Schloss Bangalore Limited

  luxury hospitality company operating under "The Leela" brand in India

  New Delhi



Peer Companies Of This Sector

FAQs

Karda Construction operates in Real Estate and Construction Industry. The Issue is listed on BSE,NSE in Apr, 2018. Karda Construction IPO size was 77.40 Cr. with Issue price of 180.00 .

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 0.37.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency