Friday, March 16, 2018

Karda Construction IPO Subscribed 2.53 times overall & 2.01 times in retail

Karda Construction IPO need to prove themselves in the current market as the number of ipos with some bigger names are competing with each other. Karda Construction looks good with their price band and it might get investors attraction as the gmp is there. We can expect a good listing of Karda Construction and the subscription numbers will go on higher side.  Check Karda Construction ipo gmp by day to day.

Karda Construction IPO Subscription: (Fully Subscribed)

Day 21.552.160.46N/A1.25
Day 4 1.553.442.01N/A2.53

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