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	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
Day3	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

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.