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Kundan Edifice Limited

Kundan Edifice Limited

listed
₹1.09LMin. investment

Kundan Edifice Limited IPO Details

Price range₹91.00 – ₹91.00
IPO type
SME
Lot size1200 shares
Issue size₹25.22Cr
RHP/DRHP
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Kundan Edifice Limited Timeline

  1. Bid start
    12 Sep 2023
  2. Bid end
    15 Sep 2023
  3. Allotment
    14 Sep 2023
  4. Release of funds
    22 Sep 2023
  5. Demat transfer
    21 Sep 2023
  6. Listing
    26 Sep 2023

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 NameKundan Edifice Limited Company TypePrivate
IPO TypeSME

Checklist

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Kundan Edifice Limited Contact Details

Company NameKundan Edifice Limited

How to apply for Kundan Edifice Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Kundan Edifice IPO FAQs