Kundan Edifice IPO Subscription Details

Fixed Price IPO | ₹25 Cr | Listed at NSE SME | Tue, Sep 12, 2023 - Fri, Sep 15, 2023

Basis of Allotment - Kundan Edifice IPO

Details NII Retail Total
Allocation (No. of shares)13,15,20013,15,20026,30,400
Allotment price (Rs.)919191
No.of applications4,87947,65852,537
No.of shares applied4,67,01,6005,71,89,60010,38,91,200
Amount collected (Rs.cr.)424.98 520.43 945.41
No.of times subscribed35.5143.4839.50
No.of shares allotted11,82,00014,48,40026,30,400
Amount (Rs.cr.)10.76 13.18 23.94
No.of allottees5501,2071,757

IPO Shares Offered

Kundan Edifice IPO is a public issue of 0.26 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,41,6001.29 5.11%
Other* 13,15,20011.97 47.45%
Retail13,15,20011.97 47.45%
Total27,72,00025.23 100%

IPO Subscription FAQs

The Kundan Edifice IPO is subscribed 42.27 times by Sep 15, 2023 19:29.

Kundan Edifice IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional35.68
Retail Individual44.13
Total Subscription42.27

Retail category of Kundan Edifice IPO subscribed 44.13 times as of date Sep 15, 2023 19:29. The public issue closes on Fri, Sep 15, 2023 for bidding.

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

The Kundan Edifice IPO is subscribed 42.27 times by Sep 15, 2023 19:29.

The Kundan Edifice IPO allotment status is expected on or around Thursday, September 21, 2023. Visit Kundan Edifice IPO allotment status to check.

The Kundan Edifice IPO listing date is September 26, 2023. The equity share of Kundan Edifice IPO will list on NSE SME.

Visit Kundan Edifice IPO subscription status page for real-time bidding information about Kundan Edifice IPO.

Kundan Edifice IPO Timetable

IPO opens OnTuesday, September 12, 2023
IPO Closes OnFriday, September 15, 2023
Finalisation of Basis of AllotmentThursday, September 21, 2023
Initiation of RefundsFriday, September 22, 2023
Credit of Shares to Demat AccountMonday, September 25, 2023
IPO Listing DateTuesday, September 26, 2023
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