Kundan Edifice Limited IPO: A fixed price issuance of Rs 25.22 crores, the Kundan Edifice IPO began on September 12 and ended on September 15. On September 15, 2023, 42.27 times were subscribed for the Kundan Edifice IPO. In the retail sector, the public issue was subscribed 44.13 times, and in the NII category, 35.68 times.
Kundan Edifice Limited IPO Allotment Steps
On Thursday, September 21, Kundan Edifice Limited will finalise the basis for the allocation of its shares. The Kundan Edifice Limited IPO’s scheduled listing date is September 26, 2023. It is the day that the stock will formally become tradeable on NSE SME.
How to Check the Kundan Edifice Limited IPO’s Allotment Status
- Visit the IPO website for Cameo Corporate Services Limited at https://ipo.cameoindia.com/.
- Find and choose “Kundan Edifice Limited” from the drop-down menu on the IPO Allotment Status page.
- Select your preferred option—PAN number, DP Client ID, or Application Number—and type your number into the corresponding field.
- As indicated, enter the captcha code.
- Select “Submit” from the menu.
Timeline for the initial public offering
- Basis for Distribution: September 21
- Refunds begin on September 22.
- Shares Credit to Demat: September 25
- Date of Listing: September 26 (probable)
- Size of new issue: Rs. 25.22 crores
- Minimum lot size: 1200 shares
- Face value: Rs. 10 per share
- Fixed price range: Rs. 90 to Rs. 91 per share
- Inclusion: NSE SME