Kundan Edifice IPO Date, Review, Price, Allotment Details

Kundan Edifice have over 6 years of experience in EMS sector. Since Fiscal 2016, they have expanded their product portfolio within their primary product, customer base and gained technological expertise in designing and manufacturing of their products. They have a history of high customer retention. In the the Fiscal 2023, the Fiscal 2022, the Fiscal 2021, they derived approximately 65.65%, 65.31% and 62.27% respectively, of their restated revenues from operations from repeat customers. In Fiscal 2022, they enjoyed relationships of over three years with 5 out of these top ten customers.

Their R&D department focuses on product designing, tools and mould designing, electronic circuit designing and prototype designing. Their R&D department independently develops ODM designs and verifies and develops OEM designs received from customers and converts such designs into deliverable products by improving the designs, recommending suitable raw materials and testing of trial products. As on this date of Prospectus, their R&D team consists of 2 members, Pranay Patil & Nitin Lahare, each holding degree in bachelors of engineering (electronics & telecommunication engineering).

Kundan Edifice manufacturing operations are a key driver of their business. They have two manufacturing and assembly facilities in the state of Maharashtra with one located in Vasai and other in Bhiwandi. Their modern and state-of-art manufacturing facilities are equipped with high quality machinery, assembly lines and full power backup that enable us to meet the quality requirements of their customers in a timely manner. In line with their focus to provide end-to-end product solutions and to develop better control on their supply chain and improve their margins, thet have backward integrated some of their major manufacturing processes, such as SMT lines, moulding machines, extrusion lines and other related processes.

Objects of the Issue:

• Meeting incremental working capital requirements
• General corporate purposes

Kundan Edifice IPO Review

• May Apply

Kundan Edifice IPO Date & Price Band Details

Kundan Edifice IPO Market Lot

The Kundan Edifice IPO minimum market lot is 1200 shares with a ₹109,200 application amount.

Kundan Edifice IPO Dates

The Kundan Edifice IPO date is September 12 and the IPO close date is September 15. The IPO allotment date is September 30 and the IPO might list on September 5.

You can check IPO subscription status and IPO allotment status on their respective pages.

Kundan Edifice IPO Form

How to apply Kundan Edifice IPO? You can apply Kundan Edifice IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kundan Edifice IPO in the Invest section. The other option you can apply Kundan Edifice IPO via IPO forms download via the NSE website. Check out the Kundan Edifice forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Kundan Edifice Company Financial Report

Kundan Edifice IPO Valuation – FY2023

Check Kundan Edifice IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Divyansh Mukesh Gupta
• Vijaya Mukesh Gupta

Kundan Edifice IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/

Kundan Edifice IPO Allotment Status

Check Kundan Edifice IPO allotment status on Cameo Corporate website URL. Click Here

Kundan Edifice IPO Lead Managers aka Merchant Bankers

• Fedex Securities Pvt Ltd

Company Address

Kundan Edifice Limited
Gala A/ B, Ganesh Industrial Estate,
behind Burma Shell Petrol Pump,
Vasai East, Palghar – 401208
Phone: +91 7030919707
Email: cs@kundanedifice.com
Website: http://www.kundanedifice.com/

Kundan Edifice IPO FAQs

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