Kontor Space Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹3(3.23%)
Premium (ELP)
Kontor Space Limited's successfully completed its Initial Public Offering and commenced trading on Oct 10, 2023 at the NSE exchange. The company raised 16,80,000 Shares through this public offering, comprising 16,80,000 Shares in fresh capital.
The IPO was priced within the band of ₹93 to ₹93, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Sep 27, 2023 to Oct 03, 2023.
Share allotment was finalized on Oct 04, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2018, Kontor Space Limited provides space-as-a-service by acquiring, renting, and managing commercial properties, which it sub-leases to clients on a per-seat basis. The company customizes and modernizes these spaces with furniture, work-desks, open work areas, cabins, meeting rooms, and other facilities to suit business needs. Kontor Space operates co-working centers at four locations in Maharashtra—Thane West (~730 seats), Pune (~300 seats), Mumbai Fort$ (~60 seats), and BKC (~120 seats)—strategically located for easy connectivity by road, rail, and air to serve both domestic and international clients efficiently.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Kanak Mangal
- Mrs. Neha Mittal
Kontor Space Limited
Cameo Corporate Services Limited