Thursday, March 08, 2018

Karda Construction IPO Dates, Price Band, Market Lot Details

Karda Construction ipo is in March as well. The company based in Nasik and doing construction business since 1994. They construct from 1BHK to Panthouse and row houses to bungalows. There are ongoing projects like Hari Sanskruti, Hari Gokuldham, Hari Anand, Hari Krishna 3, Hari Sparsh 3, Hari Vishwa, Hari Om 2, Hari Sagar and many more to come. Lets see how it will come up and investors will react on it. The major competition will be with Bandhan Bank which is launching their ipo at around same dates.

Karda Construction IPO Review:
  • Apply for Listing Gain
Karda Construction IPO Dates & Price Band: (Approx)
  • IPO Open: 16-March-2018
  • IPO Close: 21-March-2018
  • IPO Size: Approx Rs. 77.40 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.175 to 180 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 43,00,000 Shares 
Karda Construction IPO Market Lot:
  • Shares: Apply for 80 Shares (Minimum Lot Size)
  • Amount: Rs.14,400
Karda Construction IPO Allotment & Listing:
  • Basis of Allotment: 26-March-2018
  • Refunds: 27-March-2018
  • Credit to demat accounts: 28-March-2018
  • Listing: 02-April-2018
Karda Construction Financial:
As per the reports company is doing good and growth seems to be on a good rate. They registered 8 crore PAT in 2017 which is around 30% up compare to 2016 while the Revenues increased around 4%. It will be the next quarter results which will give more ideas about the company till now it looks good on paper.

Rs. in Crore

2013 2014 2015 2016 2017
Assets 162.39 186.12 233.05 249.61 248.54
Revenues 43.29 59.07 46.53 105.93 110.02
PAT 2.70 3.61 3.08 6.37 8.03

Company Promoters:
  • Naresh Karda
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Karda Construction IPO Registrar:
Bigshare Services Pvt Ltd
Phone : 91-22-62638200
Fax : 91-22-63638299

Karda Construction IPO Lead Managers:
  • Aryaman Financial Services Ltd
Company Address:
Karda Construction Ltd
Registered Office: 2nd Floor Gulmohar Status
Above Business Bank SamarthNgr, Nashik,
Maharashtra - 422005,
Phone : 91-253-2465436