Karda Constructions Limited Profile
It is a First Generation Construction Company in Nashik with a restrained and expert approach in its subject matter i.e. Land Development in Nashik since 1994. Karda buildings have passionately strived to carry people under one roof and fostering an experience of brotherhood via the concept of ‘group Housing’ within their clients. Karda structure is a Dream greater than commercial enterprise which shared with anyone they labored for and with.
Nashik being the home ground, Karda Constructions shares a bond with every Nashikite since two decades. The scheme has grown with the town while contributing to its boom proactively with its bold initiatives and has left no stone unturned to make the end client happy. Karda provides everything ranging from a 1BHK flat to a Penthouse or from row houses to palatial bungalows you name it. Every deal is as transparent as air and everything that is promised is delivered the end of the day. The referrals and repeat business generated from the existing customers is enough to reinforce their sincerity and commitment.
Karda Constructions Limited Key strengths
- Innovating ways and means for better performance of men and machinery.
- Creating projects based on the latest market trends with respect to the targeted segments.
- Ensuring timely delivery of projects.
- Achieving scalability in order to provide more Dream homes.
Karda Constructions Limited Promoters:
The Promoters of the Company are 1. Mr. Naresh Karda
Karda Constructions Limited IPO details:
Symbol: KARDA
Issue Size: The Initial Public offer of up to 43,00,000 Equity Shares comprising of a Fresh Issue of 23,00,000 Equity Shares and an Offer for Sale up to 20,00,000 Equity Shares
Face Value: Rs 10
Price Range: Rs 175 to Rs 180
Issue Type: 100% Book Building
Bid Lot: 80 Equity Shares and in multiples thereof
Minimum Order Quantity: 80 Equity Shares
Issue Period: 16-March-2018 to 21-March-2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Registrar: Bigshare Services Private Limited
Listing At: BSE, NSE
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Karda Constructions Limited Financials:
| Karda Constructions Limited financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 43.3 | 59.1 | 46.5 | 105.9 | 110.0 | 45.7 |
| Total expenses | 39.4 | 53.7 | 42.1 | 96.6 | 97.5 | 37.6 |
| Profit after tax | 2.7 | 3.6 | 3.1 | 6.4 | 8.0 | 5.5 |
| Net margin(%) | 6.2 | 6.1 | 6.7 | 6.0 | 7.3 | 12.0 |
Karda Constructions Limited IPO Subscription Details:
| Category | Shares offered | Subscription (no. of times) | ||
| Day1 | Day 2 | Day 3 | ||
| QIB | 430000 | 1.05 | 1.55 | 1.55 |
| NII | 1720000 | 2.07 | 2.16 | 2.17 |
| Retail | 2150000 | 0.10 | 0.45 | 0.78 |
| Employees | — | — | — | — |
| Total | 4300000 | 0.98 | 1.24 | 1.42 |
Karda Constructions Limited Grey Market Price, Rates, GMP Premium
Karda Constructions IPO Grey Market Premium (GMP) as on 29 March 2018 today at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 28 March 2018 at Rs.15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 27 March 2018 at Rs.15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 23 March 2018 at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 22 March 2018 at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 21 March 2018 at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 20 March 2018 at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 19 March 2018 at Rs. 15 with Kostak at 200.
Karda Constructions IPO Grey Market Premium (GMP) as on 16 March 2018 at Rs. 15 with Kostak at n/a.
Karda Constructions IPO Grey Market Premium (GMP) as on 15 March 2018 at Rs. 15 with Kostak at n/a.
Karda Constructions IPO Grey Market Premium (GMP) as on 14 March 2018 at Rs. 5-10 with Kostak at n/a.
Karda Constructions IPO Grey Market Premium (GMP) as on 13 March 2018 at Rs. 5-10 with Kostak at n/a.
Karda Constructions IPO Grey Market Premium (GMP) as on 12 March 2018 at Rs. 5-10 with Kostak at n/a.
Karda Constructions IPO Grey Market Premium (GMP) as on 9 March 2018 at Rs. 5-10 with Kostak at n/a.
Karda Constructions Grey Market Premium (GMP) as on 8 March 2018 at Rs. 5-10 with Kostak at n/a.
Karda Constructions Limited Allotment Status:
Karda Constructions Limited IPO Allotment Date: 26 March 2018
Karda Constructions Limited IPO Listing Date: 2 April 2018
You can check your allotment status using your PAN number.
- To know about Karda Constructions Limited IPO allotment Status visit this page again by end of the above date.
- With your Family and friends, you can share the allotment status through the Social buttons on top.
- to know your Karda Constructions Limited IPO Allotment Status follow the steps:
- Click Here to visit the website of the Registrar
- Select Karda Constructions Limited from the dropDown Menu (This option will be made available at the end of above date)
- Select PAN radio Button
- Provide your PAN Number
- Enter the Captcha
- Click on Submit Button
