Karda Constructions IPO Subscription Details

Bookbuilding IPO | ₹77 Cr | Listed at BSE, NSE | Fri, Mar 16, 2018 - Wed, Mar 21, 2018

Basis of Allotment - Karda Constructions IPO

Category QIB NII Retail Total
Allocation (No. of shares)4,30,00017,20,00021,50,00043,00,000
Allotment price (Rs.)180180180180
No.of applications26444,64844,714
No.of shares applied6,66,8008,42,08040,66,56055,75,440
Amount collected (Rs.cr.)12.00 15.16 73.20 100.36
No.of times subscribed1.550.491.891.30
No.of shares allotted5,76,3208,42,08028,81,60043,00,000
Amount (Rs.cr.)10.37 15.16 51.87 77.40
No.of allottees26436,02036,086

IPO Shares Offered

Karda Constructions IPO is a public issue of 0.43 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.04 Cr shares to qualified institutional buyers, and 0.17 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 4,30,0007.74 10.00%
NII 17,20,00030.96 40.00%
Retail21,50,00038.70 50.00%
Total43,00,00077.40 100%

IPO Subscription FAQs

The Karda Constructions IPO is subscribed 2.53601860465116 times by Mar 21, 2018 21:00.

Karda Constructions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.55013953488372
Non Institutional3.44
Retail Individual2.01000930232558
Total Subscription2.53601860465116

Retail category of Karda Constructions IPO subscribed 2.01000930232558 times as of date Mar 21, 2018 21:00. The public issue closes on Wed, Mar 21, 2018 for bidding.

An investor can apply in Karda Constructions IPO online via bank (using ASBA) or the broker (using UPI). The Karda Constructions IPO shares are offered online only.

The Karda Constructions IPO is subscribed 2.53601860465116 times by Mar 21, 2018 21:00.

The Karda Constructions IPO allotment status is expected on or around Monday, March 26, 2018. Visit Karda Constructions IPO allotment status to check.

The Karda Constructions IPO listing date is April 2, 2018. The equity share of Karda Constructions IPO will list on BSE, NSE.

Visit Karda Constructions IPO subscription status page for real-time bidding information about Karda Constructions IPO.

Karda Constructions IPO Timetable

IPO opens OnFriday, March 16, 2018
IPO Closes OnWednesday, March 21, 2018
Finalisation of Basis of AllotmentMonday, March 26, 2018
Initiation of RefundsTuesday, March 27, 2018
Credit of Shares to Demat AccountWednesday, March 28, 2018
IPO Listing DateMonday, April 2, 2018
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