Kesar India Limited is involved in the business development and construction of residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All projects are sold under the brand name, “Kesar Lands”.
As of December 31, 2021, it has a storage area of 123.70 lakh square feet. Successfully completed many projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature projects. Kesar Gateway has its own ongoing project while Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial are some of the upcoming projects.
Competitive Strengths
- Complete project management from land acquisition to conceptualization and marketing.
- Stringent quality standards and compliance.
- Experienced team of managers.
Company Promoters
- Mr. Gopal Fatehchand Gupta
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Assets | 818.31 | 374.72 | 243.2 | 220.31 |
| Total Revenue | 695.5 | 119.71 | 57.7 | 18.54 |
| Profit After Tax | 324.49 | 1.19 | 3.73 | 0.73 |
Object Of The Issue
- To finance development Expenses of our Projects & upcoming Projects.
- Acquisition of land or land development right.
- General corporate purposes.
Kesar India IPO – Details
| IPO Opening Date | 30 June 2022 |
| IPO Closing Date | 04 July 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹15.82 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹170 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares |
| Listing At | BSE SME |
| Register | KFin Technologies Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Kesar India IPO – Date Schedule
| IPO Open Date | 30 June 2022 |
| IPO Close Date | 04 July 2022 |
| Basis of Allotment Date | 07 July 2022 |
| Initiation of Refunds | 08 July 2022 |
| Credit of Shares to Demat Account | 11 July 2022 |
| IPO Listing Date | 12 July 2022 |
Kesar India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 800 | 1,36,000 |
| Maximum | 1 | 800 | 1,36,000 |
Kesar India IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.65% |
Kesar India IPO Prospectus
Company Contact Information
| Kesar India Limited Flat No. F-101 Jagat Plaza Amravati Road, Nagpur, 440010 Phone: 1800-123-0854 Email: cs@kesarlands.com Website: https://www.kesarlands.com/ |
Kesar India IPO Registrar
| KFin Technologies Limited Phone: 04067162222, 04079611000 Email: kesarindia.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Kesar India IPO Lead Manager(s)
| 1. Hem Securities Limited 2. Fedex Securities Limited |
Kesar India IPO FAQs
| What is Kesar India IPO? Kesar India IPO is a SME IPO. The issue is priced at ₹170 per equity share. The IPO is to be listed on BSE SME. |
| When Kesar India IPO will open? The IPO is to open on 30 June 2022 for NII and Retail Investors. |
| What is Kesar India IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Kesar India IPO? You can apply Kesar India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kesar India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kesar India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Kesar India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kesar India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kesar India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kesar India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Kesar India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Kesar India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Kesar India IPO Size? Kesar India IPO size is ₹15.82 crores. |
| What is Kesar India IPO Price Band? Kesar India IPO Price Band is ₹170. |
| What is Kesar India IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,36,000 amount while the maximum bid is 800 shares with ₹1,36,000. |
| What is the Kesar India IPO Allotment Date? Kesar India IPO allotment date is 07 July 2022. |
| What is the Kesar India IPO Listing Date? Kesar India IPO listing date is 12 July 2022. The IPO is to list on BSE SME. |
