247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Kundan Edifice Limited IPO (Kundan Edifice IPO) Details

Kundan Edifice Limited is an Electric Equipments - OEM based company, located in Palghar, Kundan Edifice Limited IPO size was 25.22 Cr. and was issued at 91.00 per share. The share of Kundan Edifice Limited were listed at 78.75 per share and are currently trading at 143.70 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
60.46 Cr.

PAT :
5.13 Cr.

Pricing Report

Issue Price :
91.00

Listing Price :
78.75

Current Market Price :
143.70

Issue Price vs CMP :
52.7 (57.91%)

listing Price vs CMP :
64.95 (82.48%)

Performance Report (CAGR* wise)

CAGR : 41.23
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Kundan Edifice

Company Information
Kundan Edifice entered into assembly and sale of lighting products in Fiscal 2014. Once current Promoter, Divyansh Gupta took control of the Company since Fiscal 2016 they have focused their business operations into manufacturing, assembly and sale of light emitting diode (
Object of Issue
  • Meeting incremental working capital requirements
  • General Corporate Purposes

Kundan Edifice SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2023
IPO Size :
25.22 Cr.
Market Cap :
93.48 Cr.   
IPO Subscription :
42.27 X     
PE Multiple :
18.20
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Palghar




Peer Companies Of This Sector

FAQs

Kundan Edifice operates in Electric Equipments - OEM and . The Issue is listed on NSE EMERGE in Sep, 2023. Kundan Edifice IPO size was 25.22 Cr. with Issue price of 91.00 .

Kundan Edifice IPO subscription was 42.27 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Kundan Edifice IPO listed at a listing price of 78.75 against the offer price of 91.00.

The current market price of Kundan Edifice is 143.70.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency