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Open
30 Jun to 4 Jul, 2022
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Close
30 Jun to 4 Jul, 2022
3
Allotment
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Listing
Tue, Jul 12, 2022
Price Band
₹170 per share
Issue Size
9,30,400 shares (agg. up to ₹16 Cr)
Lot Size
800 Shares
Listing Date
Tue, Jul 12, 2022
Latest GMP
₹0
Est. Gain
1%
✦ AI Insight
GMP Trend
30-06-2022₹0Est. ₹170+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 8.18 | 3.75 | 2.43 | 2.20 |
| Total Income | 6.96 | 1.20 | 0.58 | 0.19 |
| Profit After Tax | 3.24 | 0.01 | 0.04 | 0.01 |
| NET Worth | 2.44 | -0.81 | -0.82 | -0.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| B-Right Realestate Ltd. | SME | ₹44.36 Cr | ₹153 | 164.52 | ₹154.00 | +0.65% | ₹840.00 (-1.18%) |
| Modi's Navnirman Ltd. | SME | ₹22.68 Cr | ₹180 | 57.32 | ₹188.95 | +4.97% | ₹345.15 (-0.75%) |
| Samor Reality Ltd. | SME | ₹8.06 Cr | ₹62 | null | ₹62.45 | +0.73% | ₹90.95 (+3.46%) |
| SBL Infratech Ltd. | SME | ₹2.49 Cr | ₹111 | null | ₹125.00 | +12.61% | ₹42.14 (-0.26%) |
| Shriram Properties Ltd. | Mainboard | ₹600.04 Cr | ₹118 | null | ₹99.60 | -15.59% | ₹87.08 (-0.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance development Expenses of the Projects & upcoming Projects | 10.50 |
| 2 | Acquisition of land or land development right | 1.50 |
| 3 | General corporate purposes | 2.31 |
About Kesar India IPO
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. Competitive strengths Complete project management from land acquisition to conceptualization and marketing. Experienced team of managers. Stringent quality standards and compliance. + Read More
Contact Details
Kesar India Ltd. AddressFlat No, F-101, Jagat Plaza Amravati RoadNagpur, Maharashtra, 4400101800-123-0854cs@kesarlands.comVisit Website