Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Kaushalya Infrastructure IPO is a book build issue of ₹51.00 crores. The issue is entirely a fresh issue of 0.85 crore shares of ₹51.00 crore.
Kaushalya Infrastructure IPO bidding started from Nov 20, 2007 and ended on Nov 23, 2007. The shares got listed on BSE, NSE on Dec 14, 2007.
Kaushalya Infrastructure IPO price band is set at ₹60.00 per share . The lot size for an application is 100. The minimum amount of investment required by an retail is ₹5,000 (100 shares). The lot size investment for sNII is 34 lots (3,400 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (16,700 shares), amounting to ₹10,02,000.
The issue includes a reservation of up to 4,75,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Srei Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Kaushalya Infrastructure IPO RHP for detailed Information.
| IPO Date | November 20, 2007 to November 23, 2007 |
| Listing Date | December 14, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹50 to ₹60 per share |
| Issue Price Final | ₹60 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 85,00,000 shares (aggregating up to ₹51.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,11,05,630 shares |
| Share Holding Post Issue | 1,96,05,630 shares |
Kaushalya IPO offers total 85,00,000 shares. Out of which 40,12,500 (47.21%) allocated to QIB, 12,03,750 (14.16%) allocated to NII, 28,08,750 (33.04%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 40,12,500 (47.21%) | NA |
| NII (HNI) Shares Offered | 12,03,750 (14.16%) | NA |
| Retail Shares Offered | 28,08,750 (33.04%) | 28,087 |
| Employee Shares Offered | 4,75,000 (5.59%) | NA |
| Total Shares Offered | 85,00,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Kaushalya Infrastructure IPO opens on November 20, 2007, and closes on November 23, 2007.
| IPO Open Date | Tue, Nov 20, 2007 |
| IPO Close Date | Fri, Nov 23, 2007 |
| Tentative Listing Date | Fri, Dec 14, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Nov 23, 2007 |
Investors can bid for a minimum of 100 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 | 100 | ₹6,000 |
| Retail (Max) | 33 | 3,300 | ₹1,98,000 |
| S-HNI (Min) | 34 | 3,400 | ₹2,04,000 |
| S-HNI (Max) | 166 | 16,600 | ₹9,96,000 |
| B-HNI (Min) | 167 | 16,700 | ₹10,02,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1992, Kaushalya Infrastructure Development Corp Ltd (KIDCO) is in the business of Construction & infrastructure development and Hotel industry.
KIDCO's infrastructure development projects involving construction and maintenance of roads and highways, construction of bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes. KIDCO has completed several major projects and has catered to a wide range of clients in Eastern India including NPCC Ltd, WBSRDA, Mackintosh Burn Ltd., Energy Power Department, Govt. of Sikkim, Westinghouse Saxby Farmer Ltd., Engineering Projects (I) Ltd, RCD of Jharkhand, PWD of West Bengal, Jharkhand, Chattrishgarh and Sikkim.
KIDCO also runs a hotel (Hotel Kaushalya Heritage) in Jhargram, West Bengal. Jhargram is an important tourist destination because of its magnificent forests of Sal, Piyal and Mahua. Hotel complex is on 2.49 Acres of Land and has 10 AC Rooms & 1 Non AC rooms.
| KPI | Values |
|---|---|
| RoNW | 17.65% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To Purchase capital equipments comprising construction and infrastructure equipments for execution of projects;
2. For Real Estate Development and/or BOT/BOOT projects;
3. To meet the long term working capital requirements of the Company.
| Listing Date | December 14, 2007 |
| BSE Script Code | 532925 |
| NSE Symbol | KAUSHALYA |
| ISIN | INE234I01010 |
| Final Issue Price | ₹60 per share |
| BSE Listing Group | B1 |
Kaushalya Infrastructure Development Corp.Ltd.
Kaushalya Infrastructure Dev Corp Ltd,
HB 170, Sector III,
Salt Lake Kolkata - 700 106 India
Kolkata, West Bengal
Phone: +91 33 2358 3694
Email: info@kaushalyainfrastructure.com
Website: http://www.kaushalyainfrastructure.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: kidcl.ipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Kaushalya Infrastructure IPO is a main-board IPO of 85,00,000 equity shares of the face value of ₹10 aggregating up to ₹51.00 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 100.
The IPO opens on November 20, 2007, and closes on November 23, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Kaushalya Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Kaushalya Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kaushalya Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kaushalya Infrastructure IPO opens on November 20, 2007 and closes on November 23, 2007.
Kaushalya Infrastructure IPO lot size is 100, and the minimum amount required for application is ₹6,000.
You can apply in Kaushalya Infrastructure 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 Kaushalya Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kaushalya Infrastructure IPO allotment status.
The Kaushalya Infrastructure IPO listing date is on Friday, December 14, 2007.
Useful Articles
RHP