Listed Price₹75.00
Listing Gain-17.58%
Price Band₹91
Lot Size1,200 shares
Min Bid₹1,09,200
Subscription39.96x
Listed Market Snapshot
₹75.00Listed price from market data
-17.58%listing gain
Issue Amount
₹25.22 Cr
Listed Price
₹75.00
Current Price
₹79.25
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price Issue IPO
Open12 Sep 2023
Close15 Sep 2023
Allotment20 Sep 2023
Listing26 Sep 2023
Quota Reservation Portions
RetailPortion: 13,15,200 shares
47.45%Nii(hni)Portion: 13,15,200 shares
47.45%Market MakerPortion: 1,41,600 shares
5.11%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,09,200HNI2 lots / 2,400 shares
₹2,18,400About the Company
Kundan Edifice Limited, founded in 2010, specializes in manufacturing, assembling, and selling LED strip lights. As an original design manufacturer (ODM), the company designs, develops, and produces LED lighting solutions for customers who sell them under their own brands. Kundan Edifice also offers custom lighting products. Their product range includes HV Flex (high-voltage flex), LV Flex (low-voltage flex), RGB LV Flex (smart lights), and accessory kits. The company operates two manufacturing and assembly facilities in Maharashtra, located in Vasai and Bhiwandi. As of April 30, 2023, Kundan Edifice employs over 277 people, including contract workers.
Company Promoters
Mr. Divyansh Mukesh GuptaMr. Vijaya Mukesh Gupta
Lead Managers
Registrar
Cameo Corporate Services Limited