Karda Construction Ltd IPO
MainboardRs 14,400) / 80 Shares
Karda Construction Ltd IPO Details
The Karda Construction Ltd IPO price band is set between Rs 175 - Rs 180 per Equity Share, with a face value of Rs 10 per share. The issue is managed by BIGSHARE SERVICES PRIVATE LIMITED, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 16 Mar, 2018 and closes on 21 Mar, 2018. Investors can check the allotment status on 27 Mar, 2018, while the listing date is tentatively scheduled for 2 Apr, 2018.
The total issue size is 43,00,000 , aggregating up to . Stay tuned for the latest Karda Construction Ltd IPO review and GMP updates.
Karda Construction Ltd IPO Review, Rating & Analysis
Karda Construction Ltd IPO Review
NO REVIEWKarda Construction Ltd IPO Rating
Karda Construction Ltd IPO Highlights
IPO Date
Mar 16, 2018 - Mar 21, 2018
Listing Date
2 Apr, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 175 - Rs 180 per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( T - Group )
Karda Construction Ltd IPO Lot Size
The minimum market lot for Karda Construction Ltd IPO is 80 shares with an application amount of ₹14,400. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,400 |
| Retail (Max) | 13 | 1040 | ₹1,87,200 |
| S-HNI (Min) | 14 | 1120 | ₹2,01,600 |
| S-HNI (Max) | 69 | 5520 | ₹9,93,600 |
| B-HNI (Min) | 70 | 5600 | ₹10,08,000 |
Karda Construction Ltd IPO Timeline
Issue Price
Rs 175 - Rs 180 per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE, BSE ( T - Group )Registrar
BIGSHARE SERVICES PRIVATE LIMITEDLead Manager
ARYAMAN FINANCIAL SERVICES LIMITEDIssue Size
43,00,000 (Approx.) Equity Shares of Rs 10 with aggregating up to Rs 77.4 Cr# Fresh Issue of 23,00,000 (Approx.) Equity Shares of Rs 10 aggregating up to Rs 41.4 Cr # Offer for Sale of 20,00,000 Equity Shares of Rs 10 aggregating up to Rs 36 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Naresh Karda
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Karda Construction Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,30,000 | 17,20,000 | 21,50,000 | 43,00,000 |
Day 1 -16-03-18 | 1.05 x | 2.07 | 0.10 x | 0.98 x |
Day 2 -19-03-18 | 1.55 x | 2.16 | 0.46 x | 1.25 x |
Day 3 -20-03-18 | 1.55 x | 2.17 | 0.78 x | 1.42 x |
Day 4 -21-03-18 | 1.55 x | 3.44 | 2.01 x | 2.53 x |
Frequently Asked Questions about Karda Construction Ltd IPO IPO
When will Karda Construction Ltd IPO open for subscription?
The Karda Construction Ltd IPO opens on 16 Mar, 2018 and closes on 21 Mar, 2018.
What is the investors portion for Karda Construction Ltd IPO?
The investors' portion for QIB is 1.55 x, NII is 3.44, and Retail is 2.01 x.
How to apply for Karda Construction Ltd IPO?
You can apply for Karda Construction Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Karda Construction Ltd IPO?
The issue size of Karda Construction Ltd IPO is approx ₹43,00,000 (Approx.) Equity Shares of Rs 10 with aggregating up to Rs 77.4 Cr# Fresh Issue of 23,00,000 (Approx.) Equity Shares of Rs 10 aggregating up to Rs 41.4 Cr # Offer for Sale of 20,00,000 Equity Shares of Rs 10 aggregating up to Rs 36 Cr crores.
What is the price band of Karda Construction Ltd IPO?
The price band for Karda Construction Ltd IPO is Rs 175 to ₹ Rs 180 per Equity Share.
What is the lot size of Karda Construction Ltd IPO?
The minimum bid (lot size) for Karda Construction Ltd IPO is 80 shares with an investment of approx Rs 14,400) .
What is the allotment date of Karda Construction Ltd IPO?
The allotment date for Karda Construction Ltd IPO is 27 Mar, 2018.
What is the listing date of Karda Construction Ltd IPO?
The listing date for Karda Construction Ltd IPO is expected to be 2 Apr, 2018.
What is the GMP of Karda Construction Ltd IPO?
The latest Grey Market Premium (GMP) for Karda Construction Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
