Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Thu, Oct 12, 2017 - Tue, Oct 17, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Oct 12, 2017
IPO Close
Tue, Oct 17, 2017
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹18.70 Cr
| IPO Date | 12 to 17 Oct, 2017 |
| Listed on | Fri, Oct 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,99,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 81,000 shares K.K.Securities Ltd. (agg. up to ₹0.3240 Cr) |
| Fresh Issue (Ex Market Maker) | 15,18,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 15,18,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 30,76,129 shares |
| Share Holding Post Issue | 46,75,129 shares |
| BSE Script Code | 540756 |
| ISIN | INE282Y01016 |
Kaarya Facilities IPO comprises a total issue size of 15,99,000 shares. The net offer to the public is 15,18,000 shares, after excluding 81,000 shares allotted on a firm basis. Of the Net offer 7,59,000 (50.00%) allocated to NII 7,59,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,59,000 | 50.00% | 47.47% |
| Retail Shares Offered | 7,59,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 81,000 | 5.07% | |
| Total Shares Offered | 15,99,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses | 0.52 |
| 2 | Advertising and marketing expenses | 0.13 |
| 3 | Printing and stationery expenses, distribution and postage | 0.03 |
| 4 | Regulatory and other expenses including Listing Fee | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹43.80 |
| Low | ₹36.10 |
| High | ₹48.00 |
| Last Trade | ₹48.00 |
Lead Manager Reports
Kaarya Facilities IPO is a SME IPO of 15,99,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Oct 12, 2017, and closes on Tue, Oct 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 Thu, Oct 12, 2017 and closes on Tue, Oct 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 Fri, Oct 27, 2017.
