Kesar Industries IPO GMP, Review, Price, Allotment

Kesar Industries IPO GMP

Kesar Industries IPO description – The company 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.

The company is primarily operating in Nagpur focused on development of Plot, Residential & Commercial Projects and plans to undertake development of land having a development potential of 21,24,654 sq.ft in Nagpur. As of 31 December 2021, the total land reserves owned by the promoter, company member of promoter group and others stood at 123.70 lakh square feet.

Kesar Industries focuses on developing projects on land or sell plotted lands held by the Company as stock-intrade and by entering into Memorandum of Understanding for project management, marketing and branding development services with parties for development of projects.

Promoters of Kesar Industries – Gopal Fatehchand Gupta

Kesar Industries IPO Details

Subscription Dates30 June – 4 July 2022
Price BandINR170 per share
Fresh issue9,30,400 shares (INR15.82 crore)
Offer For SaleNil
Total IPO size9,30,400 shares (INR15.82 crore)
Minimum bid (lot size)800 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Kesar Industries Financial Performance

 FY2019FY2020FY20219M FY2022
Net income0.73.71.2324.5
Figures in INR Lakh unless specified otherwise

Kesar Industries Offer News

Kesar Industries Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR0.46
Pre-IPO Price/Earnings (PE ratio): 371.43
Return on Net Worth (RONW): -1.52%
Net Asset Value (NAV): -INR30.14 per share

Kesar Industries IPO GMP Daily Trend

DateKesar Industries IPO GMPKostakSubject to Sauda

Kesar Industries IPO Subscription – Live Updates

Shares Offered4,65,2004,65,2009,30,400
Day 32.490.861.68
Subscription figures in number of times, at 5 PM

Kesar Industries IPO Lead Manager

Fedex Securities Private Limited
B 7, 3rd Floor, Jay Chambers,
Dayaldas Road, Vile Parle (East),
Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]

Hem Securities Limited
904, A Wing, Naman Midtown,
Senapati Bapat Marg,
Elphinstone Road, Lower Parel,
Phone: +91 22 4906 0000
Email: [email protected]

Kesar Industries Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
E-mail: [email protected]

Kesar Industries IPO Contact Details

Kesar Industries Limited
Flat No. F-101,
Jagat Plaza Amravati Road,
Nagpur – 440010 Maharashtra
Phone: +91 1800-123-0854
Email: [email protected]

Kesar Industries IPO Allotment Status

Kesar Industries IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

Kesar Industries IPO Timetable

IPO Opening Date30 June 2022
IPO Closing Date4 July 2022
Finalisation of Basis of Allotment7 July 2022
Initiation of refunds8 July 2022
Transfer of shares to demat accounts11 July 2022
Listing Date12 July 2022
Opening Price on BSE SMEINR172.5 per share (up 1.47% from IPO price)
Closing Price on BSE SMEINR174 per share (up 2.35% from IPO price)

Kesar Industries IPO FAQs

What is Kesar Industries offer size?

Kesar Industries offer size is INR15.8 crore.

What is Kesar Industries IPO Price Band?

Kesar Industries public offer price is INR170 per share.

What is the lot size of Kesar Industries IPO?

Kesar Industries offer lot size is 800 shares.

What is Kesar Industries IPO GMP today?

Kesar Industries IPO GMP today is NA per share.

What is Kesar Industries kostak rate today?

Kesar Industries kostak rate today is NA per application.

What is Kesar Industries Subject to Sauda rate today?

Kesar Industries Subject to Sauda rate today is NA per application.


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