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Open
16 Mar 2018
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Close
21 Mar 2018
3
Allotment
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Listing
Mon, Apr 2, 2018
Price Band
₹175 to ₹180
Issue Size
43,00,000 shares (agg. up to ₹77 Cr)
Lot Size
80 Shares
Listing Date
Mon, Apr 2, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.30x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 263.02 | 248.54 | 249.61 | 233.05 |
| Total Income | 45.70 | 110.02 | 105.93 | 46.53 |
| Profit After Tax | 5.52 | 8.03 | 6.37 | 3.08 |
| NET Worth | 35.87 | 30.35 | 22.55 | 16.26 |
| Reserves and Surplus | 25.87 | 21.35 | 17.55 | 11.26 |
| Total Borrowing | 105.51 | 112.04 | 101.57 | 64.38 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ratnabhumi Developers Ltd. | SME | ₹23.31 Cr | ₹63 | null | ₹63.55 | +0.87% | ₹188.00 (+0.00%) |
| Shradha Infraprojects (Nagpur) Ltd. | SME | ₹18.93 Cr | ₹70 | null | ₹70.25 | +0.36% | ₹35.18 (-13.65%) |
| Pushpanjali Realms & Infratech Ltd. | SME | ₹14.55 Cr | ₹55 | null | ₹55.45 | +0.82% | (+0.00%) |
| Relstruct Buildcon Ltd. | SME | ₹23.36 Cr | ₹50 | null | ₹46.75 | -6.50% | (+0.00%) |
| Manas Properties Ltd. | SME | ₹39.96 Cr | ₹360 | null | ₹360.20 | +0.06% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part repayment of the overdraft facilities | 23.00 |
| 2 | Part repayment of the term loans | 7.00 |
| 3 | General corporate purpose | 8.78 |
About Karda Constructions IPO
Incorporated in 2007, Karda Constriction Limited is engaged in construction business. They are a real estate development company which develops and sells residential and residential-cum-office projects in Nashik, India.Company has successfully completed and delivered 15 residential projects and office space projects like Hari Smruti, Hari Amantran, Hari Shrushti, Hari Kunj, Hari NiwasHari Niketan, Hari Sankalp etc. They currently have 13 Ongoing and 3 Planned projects.They have received “Mega Builder of the Year” award of Divya Marathi in June 2013, for having an exceptional performance in the real estate segment in Nashik.+ Read More
Contact Details
Karda Constructions Ltd. Address2nd Floor Gulmohar StatusAbove Business BankSamarth NagarNashik, Maharashtra, 422005+91– 253 – 235 1090admin@kardaconstruction.comVisit Website