Kesar india IPO is engaged in the business of developing and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings.
Kesar india IPO – overview
| IPO Dates | 30 June – 4 July 2022 |
| IPO Price | INR 170 per share |
| Fresh issue | 930,400 shares (INR 15.82 crore) |
| Offer For Sale | Nil |
| Total IPO size | 930,400 shares (INR 15.82 crore) |
| Minimum bid (lot size) | 800 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Kesar India IPO – Tentative Dates
| IPO Offer Opening Date | 30 June 2022 |
| IPO Closing Date | 04 July 2022 |
| Finalisation of Basis of Allotment | 07 July 2022 |
| Initiation of refunds | 08 July 2022 |
| Transfer of shares to demat accounts | 11 July 2022 |
| IPO Listing Date | 12 July 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
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.
Strengths:
- Complete 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.
Company Financials
| Particulars | 31- March -21 | 31-March -20 |
| Total Assets | 374.72 | 243.2 |
| Total Revenue | 119.71 | 57.7 |
| Profit After Tax | 1.19 | 3.73 |
Company Contact Information
Kesar India Limited
Flat No. F-101 Jagat Plaza Amravati Road,
Nagpur, 440010
Phone: 1800-123-0854
Email: cs@kesarlands.com
Website: https://www.kesarlands.com/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: kesarindia.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
