Kesar India Limited IPO
BSE SME₹136,000 / 800 Shares
Kesar India Limited IPO Details
The Kesar India Limited IPO price band is set between ₹170 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 30 Jun, 2022 and closes on 4 Jul, 2022. Investors can check the allotment status on 8 Jul, 2022, while the listing date is tentatively scheduled for 12 Jul, 2022.
The total issue size is 930,400 shares of ₹10, aggregating up to ₹15.82 Cr. Stay tuned for the latest Kesar India Limited IPO review and GMP updates.
Kesar India Limited IPO Review, Rating & Analysis
Kesar India Limited IPO Review
NO REVIEWKesar India Limited IPO Rating
Kesar India Limited IPO Highlights
IPO Date
Jun 30, 2022 - Jul 4, 2022
Listing Date
12 Jul, 2022
Face Value
₹10 Per Equity Share
Price Band
₹170 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Kesar India Limited IPO Lot Size
The minimum market lot for Kesar India Limited IPO is 800 shares with an application amount of ₹1,36,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,36,000 |
| Retail (Max) | 1 | 800 | ₹1,36,000 |
| S-HNI (Min) | 2 | 1600 | ₹2,72,000 |
| S-HNI (Max) | 7 | 5600 | ₹9,52,000 |
| B-HNI (Min) | 8 | 6400 | ₹10,88,000 |
Kesar India Limited IPO Timeline
Issue Price
₹170 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFin Technologies LimitedLead Manager
Hem Securities Limited ,Fedex Securities LimitedIssue Size
930,400 shares of ₹10(aggregating up to ₹15.82 Cr)Kesar India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 8.18 | 6.95 | 3.24 | - | - | - |
| 31 Mar 21 | 3.74 | 1.19 | 0.01 | - | - | - |
| 31 Mar 20 | 2.43 | 0.57 | 0.03 | - | - | - |
| 31 Mar 19 | 2.20 | 0.18 | 0.007 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Gopal Fatehchand Gupta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.65% |
About Company
Kesar India Limited is engaged in the business of developing and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, Kesar Lands.As of December 31, 2021, it has a total land reserve of 123.70 lakh square feet. It has successfully completed many projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature projects. Kesar Gateway is its ongoing project while Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial are some of the upcoming projects.
Kesar India Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 441,600 | 441,600 | 883,200 |
Day 1 -30-06-22 06:00 PM | 1.22 x | 0.13 x | 0.67 x |
Day 2 -01-07-22 06:00 PM | 1.23 x | 0.30 x | 0.77 x |
Day 3 -04-07-22 06:00 PM | 2.62 x | 0.91 x | 1.77 x |
Frequently Asked Questions about Kesar India Limited IPO IPO
When will Kesar India Limited IPO open for subscription?
The Kesar India Limited IPO opens on 30 Jun, 2022 and closes on 4 Jul, 2022.
What is the investors portion for Kesar India Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 441600.
How to apply for Kesar India Limited IPO?
You can apply for Kesar India Limited 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 Kesar India Limited IPO?
The issue size of Kesar India Limited IPO is approx ₹930,400 shares of ₹10(aggregating up to ₹15.82 Cr) crores.
What is the price band of Kesar India Limited IPO?
The price band for Kesar India Limited IPO is ₹170 per equity share to ₹undefined.
What is the lot size of Kesar India Limited IPO?
The minimum bid (lot size) for Kesar India Limited IPO is N/A shares with an investment of approx ₹136,000 .
What is the allotment date of Kesar India Limited IPO?
The allotment date for Kesar India Limited IPO is 8 Jul, 2022.
What is the listing date of Kesar India Limited IPO?
The listing date for Kesar India Limited IPO is expected to be 12 Jul, 2022.
What is the GMP of Kesar India Limited IPO?
The latest Grey Market Premium (GMP) for Kesar India Limited 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.