Kundan Edifice Limited
Kundan Edifice Limitedlisted
₹1.09LMin. investment
About Kundan Edifice Limited
Issue size
₹25.22Cr
IPO type
SME
Price range
₹91.00 – ₹91.00
Lot size
1200 shares
RHP/DRHP
Read
Price range₹91.00 – ₹91.00
IPO type
SME
Lot size1200 shares
Issue size₹25.22Cr
RHP/DRHP
Read
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About Kundan Edifice Limited IPO :
Incorporated in 2010, Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light emitting diode ("LED") strip lights. The company focuses on unconventional form of lighting products i.e. LED strip lights that have varied application across industries such as real estate, railways, automobiles, decorative lighting, etc.
The company also provides custom products. Its product list includes HV Flex High voltage flex, LV Flex Low voltage flex, RGB LV Flex (Smart Lights), and Accessories Kit. Their R&D department focuses on product designing, tools and mould designing, electronic circuit designing and prototype designing. The company has two manufacturing and assembly facilities in the state of Maharashtra with one located in Vasai and other in Bhiwandi.
Now , Kundan Edifice Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet incremental working capital requirement and General corporate purposes.
Here are key details about the Kundan Edifice Limited IPO :
Company Name | Kundan Edifice Limited | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Kundan Edifice Limited ?
The issue size of the Kundan Edifice Limited is 25.22 Cr.
What is 'pre-apply' for Kundan Edifice Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Kundan Edifice Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts12 Sep 2023
- Bidding ends15 Sep 2023
- Allotment finalisation14 Sep 2023
- Release of funds22 Sep 2023
- Demat transfer21 Sep 2023
- Listing26 Sep 2023