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Kesar India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Kesar India Ltd IPO

Registered Office: 2nd floor Saraf Chambers,Mount Road Sardar , Nagpur - 440001 , Maharashtra , India.
Phone :    Fax:
Email :  cs@kesarlands.com  
Website :  www.kesarlands.com
Initial public issue of upto 930,400 equity shares of face value of (Rs)10.00/- each ("Equity Shares") of Kesar India Limited ("The Company" or the "Issuer") for cash at a price of (Rs)170 per equity share (the "Issue Price"), (including a premuim of (Rs)160 per equity share), aggregating (Rs)15.82 crores ("The Issue"), of which 47,200 equity shares of face value of (Rs)10.00/- for cash at a price of (Rs)170 each aggregating (Rs).0.80 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 883,200 equity shares of face value of (Rs)10.00 each for cash at a price of (Rs)170 per equity share, aggregating to (Rs)15.01 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.35 % and 25.02 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10.00 each and the issue price is (Rs)170.00/- per equity share. The Issue price is 17 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-22 04-Jul-22 (Rs)170.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.31
Fedex Securities Pvt Ltd
Project Financed through Current Offer 15.82  
Post Issue Equity Share Capital 3.53  
Issue Price (Rs)170.00  
 
Projects
To finance development expenses of the Project & upcoming ProjectsGeneral corporate purposes
Acquisition of land development right
Promoted By
Gopal Fatehchand Gupta  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd