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Open
12 Sep 2023
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Close
15 Sep 2023
3
Allotment
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Listing
Tue, Sep 26, 2023
Price Band
₹91 per share
Issue Size
27,72,000 shares (agg. up to ₹25 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Sep 26, 2023
Latest GMP
₹5
Est. Gain
5.49%
✦ AI Insight
GMP Trend
26-09-2023₹5Est. ₹96+5.49%
25-09-2023₹5Est. ₹96+5.49%
24-09-2023₹5Est. ₹96+5.49%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 39.50x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 29.66 | 19.28 | 11.85 | 8.47 |
| Total Income | 60.46 | 32.51 | 15.22 | 6.50 |
| Profit After Tax | 5.13 | 1.68 | 0.77 | 0.04 |
| NET Worth | 8.11 | 2.98 | 1.30 | 0.28 |
| Reserves and Surplus | 0.61 | -0.02 | -1.70 | -2.47 |
| Total Borrowing | 14.51 | 9.05 | 7.29 | 6.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Comrade Appliances Ltd. | SME | ₹12.30 Cr | ₹54 | 17.14 | ₹91.35 | +69.17% | ₹35.70 |
| Arham Technologies Ltd. | SME | ₹9.58 Cr | ₹42 | 13.82 | ₹63.00 | +50.00% | ₹213.40 |
| IKIO Lighting Ltd. | Mainboard | ₹606.50 Cr | ₹285 | 32.13 | ₹403.85 | +41.70% | ₹219.73 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting incremental working capital requirements; and | 15.46 |
| 2 | General corporate purposes | 6.08 |
About Kundan Edifice IPO
Updated on Aug 5, 2026
Contact Details
Kundan Edifice Ltd. AddressGala A/ B, Ganesh Industrial Estatebehind Burma Shell Petrol PumpVasai East, PalgharPalghar, Maharashtra, 401208+91 7030919707cs@kundanedifice.comVisit Website