Kaarya Facilities and Services IPO

Kaarya Facilities and Services IPO

Business description from prospectus – Kaarya Facilities and Services is a leading integrated Facilities and Property Management company. It offers its services to corporate, SMEs, Government institutions and Residential Segments. Its strength lies in Housekeeping, Integrated Facilities Management and Premium Housing socities management.

The company has built in-house training and development programs. Its training covers On-Site rules and regulations, Processes; Soft skills, Hard Skills across housekeeping, maintenance, customer services, back office and EHS Training – Environment, Health, Safety – Fire etc.

As on June 30, 2017, it had 297 personnel deployed. The company operates on an asset-light model with low capital expenditure requirements and high working capital requirements. Currently, majority of its revenues is from deployment of personnel for soft services comprising of housekeeping services, help desk management, office administration executives, and pantry & steward services. It is increasingly being perceived as office & building management partners by its clients, thus gradually also developing into suppliers of all aspects of building maintenance and operations services including technical services & other hard services such as tank cleaning, pest control, contracts management & more.

Promoters of Kaarya Facilities and Services – Vineet Pandey and Vishal Panchal

Kaarya Facilities and Services IPO details

Subscription Dates 12 – 17 October 2017
IPO Price band INR40 per share
Fresh issue 1,599,000 shares (INR6.39 crore)
Offer for sale Nil
Total IPO size 1,599,000 shares (INR6.39 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

Kaarya Facilities and Services’ financial performance (in INR lakh)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 492.4 848.1 807.8 841.0 1,067.1
Total expenses 450.6 783.4 726.1 745.5 897.8
Profit after tax 5.0 1.1 14.5 18.6 57.1

Kaarya Facilities and Services Limited
217, Gemstar Commercial Complex
Ramchandra Lane Extn., Malad (W)
Mumbai – 400 064

Phone: +91 22 4003 0768
Email: [email protected]
Website: www.kaarya.co.in


Subscription (no. of times)

Day 1 NA
Day 2 0.40
Day 3 2.25
Day 4 19.01


Earnings Per Share (EPS): INR2.73

Price/Earnings (P/E) ratio: 14.67

Return on Net Worth (RONW): 28.54%

Net Asset Value (NAV): INR17.26 per share

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
 +91 40 2343 1551 
[email protected]
Website: www.karvycomputershare.com

Kaarya Facilities and Services IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.

IPO Opening Date: 12 October 2017

IPO Closing Date: 17 October 2017

Listing Date: 27 October 2017

Listing Price on BSE SME: INR43.8 per share (up 9.5% from IPO price)

Closing Price on BSE SME: INR48 per share (up 20% from IPO price)



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