Kundan Edifice Limited IPO Date, Price, Review and Details
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Kundan Edifice Limited IPO
Kundan Edifice
Limited IPO was engaged in business
heavily relies on their manufacturing operations, which are primarily conducted
in two facilities situated in the state of Maharashtra, specifically in Vasai
and Bhiwandi. These facilities are crucial to their production processes. Their
cutting-edge manufacturing facilities are well-equipped with top-notch
machinery, assembly lines, and complete power backup systems. This setup allows
us to meet their customers' quality standards promptly. They've invested in their
facilities to make them more cost-effective, reduce their reliance on outside
suppliers, and gain greater control over the timing and quality of crucial
components used in their product manufacturing.
Company Promoters:
· Divyansh
Mukesh Gupta
Objects of this Issue:
· Meeting
incremental working capital requirements
Financial Information of the Company:
Particular
Amount in Lakhs (Rs.)
As
on 31 March 2023
As
on 31 Mar 2022
As
on 31 Mar 2021
Total Assets
2,965.84
1,928.14
1,185.44
Total Liabilities
2,155.03
1,630.42
1,055.54
Net Profit
513.09
167.82
77.22
Particular
Amount in Lakhs (Rs.)
As
on 31 March 2023
As
on 31 Mar 2022
As
on 31 Mar 2021
Total Assets
2,965.84
1,928.14
1,185.44
Total Liabilities
2,155.03
1,630.42
1,055.54
Net Profit
513.09
167.82
77.22
Kundan Edifice
Limited IPO Schedule
1.
Bid or Offer Opens on: 12 September 2023
2.
Bid or Offer Closes on: 15 September 2023
3.
Finalization of BoA: 21 September 2023
4.
Initiation of Refunds:22 September 2023
5.
Credit of shares to Demat account: 25 September 2023
6.
Listing Date: 26 September 2023
Kundan Edifice Limited IPO Lot Size
The market lot size of Kundan Edifice Limited IPO is 2400 shares. The minimum and maximum order quantity is as follows:
|
Application |
Lots |
Shares |
Amount |
|
Minimum |
1 |
1200 |
₹109,200 |
|
Maximum |
1 |
1200 |
₹109,200 |
|
S-HNI(Minimum) |
2 |
2400 |
₹218,400 |
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