31 Mar 2020
Assets8.47
Total Income6.50
Profit After Tax0.04
NET Worth0.28
Reserves and Surplus-2.47
Total Borrowing6.37
At a glance
Updated 2026-08-23Kundan Edifice is a SME IPO with an issue size of ₹25.23 crore, proposed for listing on NSE SME. The offer opens on 12th Sep 2023 and closes on 15th Sep 2023. The issue structure includes a fresh issue of ₹23.94 crore.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹25.23 Cr
Fresh issue₹23.94 Cr
Face value₹10
Price band—–—
Allotment21st Sep 2023
Listing26th Sep 2023
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper priceNO DATA
Est. listing₹96.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Sep 2023
Closes15th Sep 2023
Allotment21st Sep 2023
Refund22nd Sep 2023
Demat25th Sep 2023
Listing26th Sep 2023
Subscription demand
Full bidding ↗Total42.27×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Meeting incremental working capital requirements; and | ₹15.46 Cr |
| General corporate purposes | ₹6.08 Cr |
Financials
Full financials ↗31 Mar 2021
Assets11.85
Total Income15.22
Profit After Tax0.77
NET Worth1.30
Reserves and Surplus-1.70
Total Borrowing7.29
31 Mar 2022
Assets19.28
Total Income32.51
Profit After Tax1.68
NET Worth2.98
Reserves and Surplus-0.02
Total Borrowing9.05
31 Mar 2023
Assets29.66
Total Income60.46
Profit After Tax5.13
NET Worth8.11
Reserves and Surplus0.61
Total Borrowing14.51
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.84
Pre-IPO P/E13.3
Post-IPO P/E18.2
Promoter holding pre99%
Promoter holding post72.28%
Market cap₹93.48 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager fees | ₹0.41 Cr |
| Fees payable to Advertising and marketing Expenses, Printing and Distribution of issue stationery, Brokerage, Selling, Commission and upload fees | ₹0.17 Cr |
| Registrar to the Issue | ₹0.01 Cr |
| Legal and Other Advisory Services | ₹0.02 Cr |
| Regulators including Stock Exchange | ₹0.09 Cr |
| Others, if any (including Underwriting Commission, Market making, depositories, marketing fees etc.) | ₹2.98 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Fedex Securities Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.