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Kundan Edifice Limited IPO

Kundan Edifice Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 75.00 (-17.58%)

Kundan Edifice Limited's achieved publicly listed status following its IPO debut on 26-09-2023 at the NSE platform. The offering successfully mobilized 27,72,000 Shares, with 27,72,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹91 to ₹91, starting from minimum lots of 1200 shares. The subscription window from 12-09-2023 through 15-09-2023 enabled investor participation across market segments.

Share allocation was completed on 20-09-2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Kundan Edifice IPO Details
Lot(s) Distribution

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.

IPO Reservation
Kundan Edifice IPO Key Performance Indicator
Company Financials ( In Crores )

Kundan Edifice IPO About Company

Kundan Edifice Limited, founded in 2010, specializes in manufacturing, assembling, and selling LED strip lights. As an original design manufacturer (ODM), the company designs, develops, and produces LED lighting solutions for customers who sell them under their own brands. Kundan Edifice also offers custom lighting products. Their product range includes HV Flex (high-voltage flex), LV Flex (low-voltage flex), RGB LV Flex (smart lights), and accessory kits. The company operates two manufacturing and assembly facilities in Maharashtra, located in Vasai and Bhiwandi. As of April 30, 2023, Kundan Edifice employs over 277 people, including contract workers.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Kundan Edifice IPO Strength Factors

NA


Kundan Edifice IPO Risk Factors

NA


Kundan Edifice IPO Lead Manager(s)

  • Fedex Securities Private Limited

Kundan Edifice IPO Promoter(s)

Mr. Divyansh Mukesh Gupta

Mr. Vijaya Mukesh Gupta


Kundan Edifice IPO Company Details

Kundan Edifice Limited
Phone:
address:

Kundan Edifice IPO Registrar

Cameo Corporate Services Limited
Name:
Phone:

Kundan Edifice IPO FAQs