IPO Trending
KELSME / NSEListed
Kundan Edifice

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.

DRHP
₹91 - ₹9139.96x sub
Listed Price₹75.00
Listing Gain-17.58%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open12 Sep 2023
Close15 Sep 2023
Allotment20 Sep 2023
Listing26 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail13,15,200 shares
47.45%
Nii(hni)13,15,200 shares
47.45%
Market Maker1,41,600 shares
5.11%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,09,200
HNI2 Lots (2,400 shares)
₹2,18,400

Company Promoters

Mr. Divyansh Mukesh GuptaMr. Vijaya Mukesh Gupta

Company Background

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 F...

Lead Managers & Bankers

Fedex Securities Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020 )₹649.7 Cr
Growth-86.3%
Revenue Trend (₹ in Crores)
0.01.8k3.6k5.5kDec 2022Mar 2022 Mar 2021 Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2020 649.704.05846.60636.89
Mar 2021 1,522.4377.221,185.44728.65
Mar 2022 3,250.60167.821,928.14905.03
Dec 20224,741.68469.522,972.071,067.33

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.8463.28%43.69%13.318.2

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
20 Sep 2023
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
26 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Kundan Edifice. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Sep 2023Trading commences on exchange

How to Check Kundan Edifice Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Kundan Edifice from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Kundan Edifice IPO

Complete issue overview for Kundan Edifice (KEL) IPO. The issue features an equity share price band of ₹91 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,09,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions