Karda Construction IPO Listed at 24.44% Discount

IPO Initial Public Offerings
Karda Construction ipo to list on 2nd April, Monday on BSE and NSE. As the gmp was fluctuating we can say it will be a mix response from everywhere due to the bunch of the ipos and market conditions reactions as well. Still Karda Construction was able to get some stable gmp all over the period. It will not able to list as Apollo Microsystems of Apex Frozen but some listing gain will be there sure. The company can list around 160-180 mark and can reach around 200 level as per the demand while we can expect a lower side around 140 level. Happy Investing!

Karda Construction IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code541161
NSE CodeKARDA
GroupT
ISIN NoINE278R01018
Offer PriceRs.175 / 180
Face ValueRs.10
Listing Date02-Apr-18, Monday

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Karda Construction IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
136.00
High Price
142.80
Low Price
129.20
Close Price
142.80

Karda Construction IPO Subscription: (Fully Subscribed)

DayQIBNIIRIIEMPTotal
Day 11.042.070.10N/A0.98
Day 21.552.160.46N/A1.25
Day 31.552.170.78N/A1.42
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
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