
✓
Open
27 Sep to 3 Oct, 2023
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Close
27 Sep to 3 Oct, 2023
3
Allotment
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Listing
Tue, Oct 10, 2023
Price Band
₹93 per share
Issue Size
16,80,000 shares (agg. up to ₹16 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Oct 10, 2023
Latest GMP
₹3
Est. Gain
3.23%
✦ AI Insight
GMP Trend
10-10-2023₹3Est. ₹96+3.23%
09-10-2023₹3Est. ₹96+3.23%
08-10-2023₹7Est. ₹100+7.53%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 67.99x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 12.95 | 5.81 | 5.36 |
| Total Income | 9.18 | 4.04 | 3.90 |
| Profit After Tax | 1.88 | 0.30 | -0.62 |
| NET Worth | 4.65 | 0.75 | 0.45 |
| Reserves and Surplus | 0.65 | -1.25 | -1.55 |
| Total Borrowing | 5.53 | 2.10 | 2.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Service Care Ltd. | SME | ₹20.68 Cr | ₹67 | 21.2 | ₹67.55 | +0.82% | ₹57.95 (+3.48%) |
| Spectrum Talent Management Ltd. | SME | ₹105.14 Cr | ₹173 | 15 | ₹147.25 | -14.88% | ₹61.90 (+3.34%) |
| Infollion Research Services Ltd. | SME | ₹21.45 Cr | ₹82 | 14.24 | ₹198.55 | +142.13% | ₹171.90 (-3.99%) |
| ITCONS E-Solutions Ltd. | SME | ₹8.67 Cr | ₹51 | 12.09 | ₹49.33 | -3.27% | ₹268.85 (-2.20%) |
| Anlon Technology Solutions Ltd. | SME | ₹15.00 Cr | ₹100 | 11.71 | ₹263.65 | +163.65% | ₹623.05 (+0.33%) |
| Droneacharya Aerial Innovations Ltd. | SME | ₹33.97 Cr | ₹54 | 45 | ₹107.10 | +98.33% | ₹38.50 (+0.81%) |
| Integrated Personnel Services Ltd. | SME | ₹12.74 Cr | ₹59 | 12.77 | ₹69.80 | +18.31% | ₹230.00 (-6.12%) |
| Silicon Rental Solutions Ltd. | SME | ₹21.15 Cr | ₹78 | 10.73 | ₹84.00 | +7.69% | ₹81.00 (+0.00%) |
| Updater Services Ltd. | Mainboard | ₹640.00 Cr | ₹300 | 44.31 | ₹283.90 | -5.37% | ₹193.78 (+1.55%) |
| Radiant Cash Management Services Ltd. | Mainboard | ₹256.64 Cr | ₹94 | 17.34 | ₹104.90 | +11.60% | ₹38.25 (+0.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To make the payment of Rental Deposits of new co-working centers | 2.39 |
| 2 | To carry out the Capital Expenditure for fit outs of new co-working centers | 9.67 |
| 3 | General Corporate Purpose | 2.97 |
About Kontor Space IPO
Incorporated in 2018, Kontor Space Limited provides space-as-a-service by renting and managing commercial spaces. The company purchases the property and/or takes properties on rent, to sub-rent/sub-lease the same to single or multiple clients for their workspace requirements with or without furnishing the same as per their needs on a per-seat basis. The company further, invest in fit-outs to customize the property to suit the business model and renovate, and modernize the properties according to the working needs in terms of business requirements such as furniture, work-desks, open work area, cabins, meeting rooms, conference rooms, and other facilities. The company operates its co-working space from 4 locations; one located in Thane West, Maharashtra; one located in Pune, Maharashtra and two in Mumbai (Fort$, and BKC), Maharashtra. These areas are well-connected with roads, rail, and air, which reduces transportation costs and facilitates easy conveyance for the working professional consumption regions. The strategic establishment of these locations helps the company cater to the enormous domestic and international clientele. Kontor Space's optimum capacity is ~730 seats, ~300 sea
Contact Details
Kontor Space Ltd. AddressOffice No.A1 & B1, 9th FloorAshar IT Park Road No.16 ZWagle Industrial EstateThane, Maharashtra, 400604+91 022- 62790001info@kontorspace.inVisit Website