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Kaarya Facilities IPO is a fixed price issue of ₹6.40 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹6.40 crore.
Kaarya Facilities IPO bidding started from Oct 12, 2017 and ended on Oct 17, 2017. The shares got listed on BSE SME on Oct 27, 2017.
Kaarya Facilities IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is K.K.Securities Ltd..
Refer to Kaarya Facilities IPO RHP for detailed Information.
| IPO Date | October 12, 2017 to October 17, 2017 |
| Listing Date | October 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,99,000 shares (aggregating up to ₹6.40 Cr) |
| Reserved for Market Maker | 81,000 shares K.K.Securities Ltd. (aggregating up to ₹0.3240 Cr) |
| Net Offered to Public | 15,18,000 shares (aggregating up to ₹6.07 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 30,76,129 shares |
| Share Holding Post Issue | 46,75,129 shares |
Kaarya Facilities IPO offers total 15,99,000 shares. Out of which 7,59,000 (47.47%) allocated to NII, 7,59,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 81,000 (5.07%) |
| NII (HNI) Shares Offered | 7,59,000 (47.47%) |
| Retail Shares Offered | 7,59,000 (47.47%) |
| Total Shares Offered | 15,99,000 (100.00%) |
Kaarya Facilities IPO opens on October 12, 2017, and closes on October 17, 2017.
| IPO Open Date | Thu, Oct 12, 2017 |
| IPO Close Date | Tue, Oct 17, 2017 |
| Tentative Listing Date | Fri, Oct 27, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 17, 2017 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 2009, Kaarya Facilities & Services Ltd is a leading integrated Facilities and Property Management company. They provide their services to corporate, SMEs, Government institutions and Residential Segments. They offer specialized Cleaning and Hygiene services, Housekeeping, Pantry, MEP (Mechanical, Electrical, Handyman services - repair & maintenance), Pest Control, Landscaping, Guest House management to Façade cleaning.
Currently majority of its revenues comes from deployment of personnel for soft services comprising of housekeeping services, help desk management, office administration executives, and pantry & steward services. KFSL gradually also developing into suppliers of all aspects of building maintenance and operations services including technical services & other hard services such as tank cleaning, pest control, contracts management & more. They also work towards women empowerment and employment of disable people wherever it is possible and client is also
agreeable.
Competitive Strengths
1. Experience team of professionals with domain expertise
2. Our experience and track record
3. Online Helpdesk system
The Company Kaarya Facilities IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To meet working capital requirements | 3.76 |
| 2 | Purchase of Equipment | 0.63 |
| 3 | Purchase ERP Software | 0.98 |
| 4 | Purchase of Employee Uniforms | 0.31 |
[Dilip Davda] Considering fully priced offer, cash surplus risk savvy investors may consider investment for long term. Read detail review...
| Listing Date | October 27, 2017 |
| BSE Script Code | 540756 |
| NSE Symbol | |
| ISIN | INE282Y01016 |
| Final Issue Price | ₹40 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹43.80 |
| Low | ₹36.10 |
| High | ₹48.00 |
| Last Trade | ₹48.00 |
Kaarya Facilities & Services Ltd.
217, Gemstar Commercial Complex,
Ramchandra Lane Extn.,
Malad (West),
Mumbai, Maharashtra, 400064
Phone: +91 22 4003 0768
Email: info@kaarya.co.in
Website: http://www.kaarya.co.in
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Kaarya Facilities IPO is a SME IPO of 15,99,000 equity shares of the face value of ₹10 aggregating up to ₹6.40 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on October 12, 2017, and closes on October 17, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Kaarya Facilities IPO using UPI as a payment gateway. Zerodha customers can apply in Kaarya Facilities IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kaarya Facilities IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kaarya Facilities IPO opens on October 12, 2017 and closes on October 17, 2017.
Kaarya Facilities IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Kaarya Facilities IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Kaarya Facilities IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kaarya Facilities IPO allotment status.
The Kaarya Facilities IPO listing date is on Friday, October 27, 2017.
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