Karda Construction IPO Listed at 24.44% Discount

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 Code 541161
NSE Code KARDA
Group T
ISIN No INE278R01018
Offer Price Rs.175 / 180
Face Value Rs.10
Listing Date 02-Apr-18, Monday
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Karda Construction IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
136.00
High Price
142.80
Low Price
129.20
Close Price
142.80
Karda Construction IPO Subscription: (Fully Subscribed)
Day QIB NII RII EMP Total
Day 1 1.04 2.07 0.10 N/A 0.98
Day 2 1.55 2.16 0.46 N/A 1.25
Day 3 1.55 2.17 0.78 N/A 1.42
Day 4 1.55 3.44 2.01 N/A 2.53

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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