51  Total SME IPOs listed in 2025

2,358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

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 100.85 per share.

Type :
Sub Sector : Assembly And Sale Of Lighting Products
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 :
100.85

Issue Price vs CMP :
9.85 (10.82%)

listing Price vs CMP :
22.1 (28.06%)

Performance Report (CAGR* wise)

CAGR : 7.06
-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.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

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 (“LED”) strip lights and since then, while they believe they are one of the trusted electronics manufacturing services (“EMS”) Company for their customers by providing end-to-end solutions in their area of operation. As an EMS Company, they are primarily an original design manufacturer (“ODM”) and design, develop, manufacture and supply products to customers who then further distribute these products under their own brands. They also work with their customers to develop, manufacture and supply products that are designed by their customers. They focus on
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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:
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Peer Companies Of This Sector

FAQs

Kundan Edifice operates in Electric Equipments - OEM and Assembly And Sale Of Lighting Products. 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 100.85.

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