Kontor Space IPO GMP, Review, Price, Allotment


Last updated on October 25, 2023

Kontor Space IPO GMP

Kontor Space IPO description – Incorporated in 2018, Kontor Space provides “space-as-a-service” by renting and managing commercial spaces. With technological expertise, it aims to foster a culture of collaboration and productivity by offering flexibility, convenience, and astounding quality at a significantly competitive price to clients ranging from small-scale startups to large conglomerates.

Being the trademark owners of ‘Kontor’, the company has established a significant brand image and positioning in the co-working industry which has given it the opportunity to aggressively expand into newer markets by acquiring and managing more spaces in addition to existing 4 in Thane, Pune, Fort and BKC (Mumbai).

Currently, Kontor Space offers highly competitive pricing at co-working centers, viz. Thane, Pune, Fort, and BKC at an average price per seat of INR 8,500/-, INR 4,500/-, INR 13,333/-, and INR 30,000/- (proposed), respectively.

The focus on functional and operational excellence has contributed to a track record of robust financial performance. In FY 2023, 2022, and 2021, it generated total income of INR 917.40 Lakh, INR 400.70 Lakh, INR 390.24 Lakh respectively, EBITDA of INR 394.90 Lakh, INR 17.00 Lakh, INR 32.19 Lakh respectively and net profit after tax of INR 187.88 Lakh, INR 30.44 Lakh, and negative INR (61.75 Lakh), respectively.

Kontor Space IPO

Promoters of Kontor Space – Mr. Kanak Mangal & Mrs. Neha Mittal

Kontor Space IPO Details

Kontor Space IPO Dates27 September – 3 October 2023
Kontor Space IPO PriceINR 93 per share
Fresh issue16,80,000 shares (INR 15.62 crore)
Offer For SaleNIL
Total IPO size16,80,000 shares (INR 15.62 crore)
Minimum bid (lot size)1,200 shares (INR 111,600)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Kontor Space Financial Performance

 FY 2021FY 2022FY 2023
Net income(61.75)30.44187.88
Figures in INR Lakhs unless specified otherwise

Kontor Space Offer News

Kontor Space Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio12.29
RONW (%)(107.10)41.2740.82
ROCE (%)(10.64)20.4831.19
EBITDA (%)8.254.2443.05
Debt/Equity 4.542.791.19
*Compiled by IPO Central from Prospectus

Kontor Space IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 October 202387,500
7 October 202387,500
6 October 2023108,500
5 October 20231512,000
4 October 20233029,000
3 October 20233533,000
2 October 20234038,000
30 September 20234042,000
29 September 20235048,000
28 September 20234745,000
27 September 20233027,500
26 September 20233027,500
25 September 20233026,500

Kontor Space IPO Subscription – Live Updates

Shares Offered883,200796,8001,680,000
3 Oct 202337.8795.4965.20
29 Sep 20234.0528.7415.76
28 Sep 20231.8212.857.05
27 Sep 20230.585.422.88

Kontor Space IPO Allotment Status

Kontor Space IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.

Kontor Space IPO Dates & Listing Performance

IPO Opening Date27 September 2023
IPO Closing Date3 October 2023
Finalization of Basis of Allotment4 October 2023
Initiation of refunds5 October 2023
Transfer of shares to demat accounts9 October 2023
IPO Listing Date10 October 2023
Opening Price on NSE SMEINR 122 per share (up 31.18%)
Closing Price on NSE SMEINR 115.90 per share (up 24.62%)

Kontor Space Offer Lead Manager

112A, 1st floor, Arun Bazar, S.V. Road, Beside
Bank of India, Malad (West), Mumbai – 400 064
Phone: +91 022-40167322
Email[email protected]
Website: www.srujanalpha.com

Kontor Space Offer Registrar

“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com

Kontor Space Contact Details

Office No. A1 & B1, 9th Floor, Ashar IT Park Road No. 16 Z,
Wagle Industrial Estate, Thane West, Maharashtra 400604
Phone: +91 022- 62790001
E-mail: [email protected]
Website: www.kontorspace.in


What is Kontor Space IPO offer size?

Kontor Space offer size is INR INR 15.62 crores.

What is the Kontor Space offer price band?

Kontor Space public offer price is INR 93 per share.

What is the lot size of Kontor Space public offer?

Kontor Space offer lot size is 1,200 shares.

What is Kontor Space IPO GMP today?

Kontor Space IPO GMP today is INR 8 per share.

What is the Kontor Space kostak rate today?

Kontor Space kostak rate today is INR NA per application.

What is Kontor Space Subject to Sauda rate today?

Kontor Space Subject to Sauda rate today is INR 7,500 per application.


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