Karda Construction Ltd IPO

Karda Construction Ltd

Issue Open

Mar 16, 2018

Price Band

₹ 175 - ₹ 180

Issue Size

₹ 77.40 Cr

Credit of Shares to Demat

-

Issue Close

Mar 21, 2018

Bid Lot

80

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

80

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 02, 2018

Refunds

-

About the company:

Karda Constriction Limited is into the real estate business where it construct quality and affordable housing in the Nashik region. India. Till now, company has successfully completed and delivered 15 residential projects and office space projects. Presently they have 13 Ongoing and 3 Planned projects, which they expect to provide an estimated total Carpet Area of 17,13,725 square feet. 

 

Date of establishment : Karda Constriction Limited was incorporated in 2007 

Product & Service Offering: Company develops and sells residential and residential-cum-office projects in Nashik, India

Promoters of Karda Constriction Limited: Mr. Naresh Karda is the promoter of Karda Constriction Limited

Customer segment: Provides affordable housing to the retail customer in Nashik

Objects of the Issue:The objects of the Offer is to:-
-    Part repayment of overdraft facilities
-    Part repayment of Term loans
-    General Corporate purpose.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

24,853.72

24,961.42

23,304.63

18,612.39

16,238.73

 

Total Revenue

11,002.26

10,593.47

4,653.44

5,907.39

4,328.65

 

Profit After Tax

803.14

637.43

307.56

360.55

270.39

 

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