Kesar India IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Nagpur and caters to Real Estate sector. Hem Securities , Fedex Securities are the merchant bankers of Kesar India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th May 2022.
Kesar India IPO open date is 30th June 2022 and close date is 4th July 2022. IPO Allotment Date is 7th July 2022 and Listing date is 12th July 2022.Kesar India IPO size is ₹ 15.82 Cr. with IPO price of ₹ 170.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Kesar India IPO. Kfin Technologies Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Kesar India IPO.
Kesar India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kesar India IPO, based in Nagpur, operates in the Real Estate sector with a focus on Developing and constructing residential, industrial factories and workshop projects. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Kesar India IPO size is ₹ 15.82 Cr. with fresh issue size of ₹ 15.82 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Kesar India IPO is expected to be 7th July 2022, after the finalization of basis of allotment. Investors can check Kesar India IPO allotment status on the registrars website, Kfin Technologies Limited. Kesar India IPO refund dates are 8th July 2022.
Kesar India IPO is expected to be listed on 12th July 2022.
The upper price band for the Kesar India IPO is set at ₹ 170.00 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 Kesar India 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 Kesar India 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 4th July 2022. After submission, funds are blocked until the basis of allotment of Kesar India IPO is finalised.
The merchant banker for Kesar India IPO is Hem Securities Limited , Fedex Securities Private Limited . Hem Securities Limited , Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kesar India IPO RHP for further details.
The registrar for Kesar India IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Kesar India IPO through their official website or helpline.
Kesar India IPO was subscribed 1.77 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Kesar India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kesar India Financial Review Page
Merchant Banker(s) of Kesar India IPO: Hem Securities Limited , Fedex Securities Private Limited
Kesar India IPO subscription was 1.77 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.
Kesar India IPO listed at a listing price of 175.50 against the offer price of 170.00.
The current market price of Kesar India is 600.00.
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