Kesar India IPO Details

Kesar India IPO subscription is to open on 30 June 2022 and will close on 04 July 2022, the price band of the Kesar India IPO is fixed at ₹ 170. Kesar India is engaged in real estate development & construction. Check the Kesar India IPO Subscription Status & Kesar India IPO Allotment Status.

About Kesar India

Kesar India is engaged in real estate development & construction, primarily in the business of developing and constructing of Projects such as Residential & Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory’s buildings, workshop’s building, etc. Kesar India will be undertaking development of land having a development potential of 21,24,654 sq.ft located at Nagpur

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 Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 374.72 243.20 220.31
Total income 119.71 57.70 18.54
Total Expenses 117.71 53.24 16.73
Profit After Tax 1.19 3.73 0.73

Kesar India IPO Price – Details

DescriptionKESAR IPO Details
Public IssueInitial Public Issue of upto 930,400 Equity Shares of ₹ 10 (aggregating up to ₹ 1581.68 lakhs)
Issue Open  Date30-Jun-22
Issue Close Date04-Jul-22
Issue TypeFixed Price
IPO Price Band₹ 170
Face Value ₹ 10
Market Lot 800 Equity Shares and in multiples thereof
Minimum Order Quantity 800 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolKESAR
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Kesar India IPO DRHP & RHP

Kesar India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1800₹ 1,36,000
Maximum1800₹ 1,36,000

Kesar IPO Lead Managers

  • Fedex Securities Private Limited
  • HEM Securities Ltd

Kesar IPO Registrar

Kesar IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Jun-22
Bid / Offer Closes on04-Jul-22
Finalisation of Basis of Allotment07-Jul-22
Initiation of refunds 08-Jul-22
Credit of the Equity Shares11-Jul-22
Listing Date12-Jul-22

Company Registered Office

Flat No. F-101 Jagat Plaza Amravati Road,
Nagpur – 440010
Maharashtra, India
https://www.kesarlands.com

Company Promoters

  • Gopal Fatehchand Gupta

Kesar IPO – FAQS

What is the Kesar IPO Price?

The Kesar IPO price band is 170 per share

When Kesar IPO will open?

The Kesar IPO opens on Jun 30, 2022 and closes on Jul 04, 2022

What is the lot size of Kesar India IPO?

The Kesar IPO lot size is 800 Equity Shares and the minimum order quantity is 800 Equity Shares

Who is the Registrar for Kesar India IPO?

The Registrar for Kesar India IPO is KFin Technologies Private Limited

How to apply in Kesar India IPO through UPI?

Check the step by step process here – Click here

How to apply in Kesar India IPO through Zerodha?

Check the step by step process here – Click here

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1 COMMENT

  1. […] Kesar India IPO Allotment Status will be finalized on Thursday, July 07, 2022. The Mangalam Worldwide IPO will be listed on 12th July 2022. Mangalam Worldwide IPO subscription started from June 30 to July 04, 2022. The Mangalam Worldwide IPO consists of 930,400 Equity Shares of ₹ 10 (aggregating up to ₹ 1581.68 lakhs). The price range for the offer has been fixed at ₹ 170 per share. […]

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