Kesar India Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Jun 2022

Close Date

04 Jul 2022

Allotment

07 Jul 2022

Listing Date

12 Jul 2022

Exchange

BSE SME

Price Band

₹170

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹170

Per share

Face Value

₹10 per share

Lot Size

800 Shares

per lot

Issue Size

9,30,400 shares (aggregating up to ₹15.82 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹136,000

1 lot

Pre-IPO Holding

26,00,000 shares

Promoters

Post-IPO Holding

35,30,400 shares

Promoters

P/E (Pre)

13.87x

UPI Deadline

2022-07-04

Mandate

Anchor AllotmentWed, 29 Jun 2022

Basis of AllotmentThu, 07 Jul 2022

Refund InitiationFri, 08 Jul 2022

Demat CreditMon, 11 Jul 2022

Listing DayTue, 12 Jul 2022

UPI Mandate Deadline2022-07-04

Sale TypeFresh Capital

Net Offer to Public8,83,200 shares (aggregating up to ₹15.01 Cr)

Market Maker Quota47,200 shares (aggregating up to ₹0.8024 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Kesar India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Jul 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	47,200	—	₹0.80
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	930,400	100%	₹15.82

IPO Shares Offered

Kesar India Ltd. IPO total issue size: ₹15.82 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	47,200	₹0.80	5.07%
Total	930,400	₹15.82	100.00%

* Based on upper price band ₹170 per share

Lot Size & Investment

Lot Size

800

Shares per Lot

Issue Price

₹170.00

Upper Band

Min Investment

₹136,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,600	₹272,000
Retail (Max — 13 Lots)	13	10,400	₹1,768,000
S-HNI (Min — 14 Lots)	14	11,200	₹1,904,000
B-HNI (Min — 68 Lots)	68	54,400	₹9,248,000

* Issue Price ₹170 × Lot Size 800 shares

IPO Schedule

Anchor

29 Jun 2022

✓ Done

IPO Open

30 Jun 2022

✓ Done

IPO Close

04 Jul 2022

✓ Done

Allotment

07 Jul 2022

✓ Done

Refunds

08 Jul 2022

✓ Done

Demat Credit

11 Jul 2022

✓ Done

Listing Day

12 Jul 2022

✓ Done

₹170.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹170.00 Live Price

About Kesar India Ltd.

Kesar India Limited is engaged in the business of developing and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, "Kesar Lands".As of December 31, 2021, it has a total land reserve of 123.70 lakh square feet. It has successfully completed many projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature projects. Kesar Gateway is its ongoing project while Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial are some of the upcoming projects.Competitive strengthsComplete project management from land acquisition to conceptualization and marketing.Experienced team of managers.Stringent quality standards and compliance.

Objects of the Issue

To finance development Expenses of our Projects & upcoming Projects.

Acquisition of land or land development right; and

General corporate purposes.

Kesar India Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹119.7

31-Mar-21

₹57.7

31-Mar-20

₹18.5

31-Mar-19

Profit After Tax (PAT)

₹1.2

31-Mar-21

₹3.7

31-Mar-20

₹0.7

31-Mar-19

Particulars	31-Mar-19	31-Mar-20	31-Mar-21
Revenue from Operations	18.54	57.70	119.71
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	0.73	3.73	1.19
Net Worth	-85.88	-82.15	-80.96
Total Assets	220.31	243.20	374.72
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered9,30,400 (100.00%)

Net Offer to Public8,83,200 shares (aggregating up to ₹15.01 Cr)

Reserved for Market Maker47,200 shares (aggregating up to ₹0.8024 Cr)

Pre-Issue Promoter Holding26,00,000 shares

Post-Issue Promoter Holding35,30,400 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

kesarindia.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Hem Securities Ltd.

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kesar India Ltd. IPO subscribed? ▲

Kesar India Ltd. IPO is subscribed 1.00 times by Jul 04, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kesar India Ltd. IPO retail subscription status? ▼

The Kesar India Ltd. IPO retail category is subscribed 1.00 times as of 04 Jul 2022. The retail portion is oversubscribed.

How to subscribe Kesar India Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Jun 2022 and closes 04 Jul 2022. Min investment: ₹136,000 (1 lot = 800 shares). UPI mandate: 2022-07-04.

How many times Kesar India Ltd. IPO subscribed? ▼

The Kesar India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kesar India Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Jul 2022. Refunds: on 08 Jul 2022.

When Kesar India Ltd. IPO will be listed? ▼

The Kesar India Ltd. IPO listing date is 12 Jul 2022, Tuesday. Listed on: BSE SME. Issue price: ₹170. Estimated listing: ₹170. GMP: NIL.

When Kesar India Ltd. IPO close? ▼

The Kesar India Ltd. IPO closes on 04 Jul 2022, Monday. UPI mandate: 2022-07-04. Allotment: 07 Jul 2022. Listing: 12 Jul 2022.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹170.00

Change—

Issue Price₹170.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹170

Face Value₹10

Lot Size800 Sh

Min. Amount₹136,000

GMPNIL

Est. Listing₹170

Subscribed1.00x

Open Date30 Jun 2022

Close Date04 Jul 2022

Allotment07 Jul 2022

Listing Date12 Jul 2022

ExchangeBSE SME

UPI Deadline2022-07-04