Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Karda Constructions IPO

₹142.80

−20.67% on listing

Listing-day close · NSE · 2 Apr 2018 · issue price ₹180

Karda Constructions’ ₹77.40 crore IPO was priced at ₹180 a share. It listed on the NSE on 2 Apr 2018 and closed its first day at ₹142.80, down 20.67% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹77.40 Cr
Fresh issue
₹41.40 Cr
Offer for sale
₹36 Cr
Lot size
80 shares
Minimum investment
₹14,400
Face value
₹10
Registrar
Bigshare Services

Subscription

Karda Constructions IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.30×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹221 Cr
Promoter holding
100.00% → 65.04%

From the offer documents.

Listing

Listing date
2 Apr 2018
Issue price
₹180
Open
₹136.00
High
₹142.80
Low
₹129.20
Close
₹142.80

Listing day on the NSE. The close was −20.67% on the issue price.

KARDA share price today

FAQs

When did the Karda Constructions IPO open and close?

It opened on 16 Mar 2018 and closed on 21 Mar 2018.

What was the Karda Constructions IPO price?

The price band was ₹175–180 a share. The final issue price was ₹180.

What is the lot size and minimum investment?

One lot is 80 shares, ₹14,400 at ₹180 a share. Retail investors apply in whole lots.

How much did Karda Constructions raise?

₹77.40 crore: ₹41.40 crore of new shares and ₹36 crore offered by existing shareholders.

How many times was the Karda Constructions IPO subscribed?

1.30 times overall.

How did Karda Constructions list?

It listed on the NSE on 2 Apr 2018 at ₹136.00 and closed the day at ₹142.80, down 20.67% on the ₹180 issue price.

Who is the registrar of the Karda Constructions IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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