Karda Construction IPO Dates, Price Band, Market Lot Details

Vijay Prajapati
March 8, 2018

Vijay Prajapati

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
http://www.bigshareonline.com/

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
Email: [email protected]
Website: www.kardaconstruction.com

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