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:
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.
Company Promoters:
DRHP Draft Prospectus
RHP Draft Prospectus
Karda Construction IPO Registrar:
Bigshare Services Pvt Ltd
Phone : 91-22-62638200
Fax : 91-22-63638299
http://www.bigshareonline.com/
Karda Construction IPO Lead Managers:
Karda Construction Ltd
Registered Office: 2nd Floor Gulmohar Status
Above Business Bank SamarthNgr, Nashik,
Maharashtra - 422005,
Phone : 91-253-2465436
Email: admin@kardaconstruction.com
Website: www.kardaconstruction.com
- Apply for Listing Gain
- 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
- Shares: Apply for 80 Shares (Minimum Lot Size)
- Amount: Rs.14,400
- Basis of Allotment: 26-March-2018
- Refunds: 27-March-2018
- Credit to demat accounts: 28-March-2018
- Listing: 02-April-2018
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
DRHP Draft Prospectus
RHP Draft Prospectus
Karda Construction IPO Registrar:
Bigshare Services Pvt Ltd
Phone : 91-22-62638200
Fax : 91-22-63638299
http://www.bigshareonline.com/
Karda Construction IPO Lead Managers:
- Aryaman Financial Services Ltd
Karda Construction Ltd
Registered Office: 2nd Floor Gulmohar Status
Above Business Bank SamarthNgr, Nashik,
Maharashtra - 422005,
Phone : 91-253-2465436
Email: admin@kardaconstruction.com
Website: www.kardaconstruction.com
