Kontor Space Limited IPO (Kontor Space IPO)

Kontor Space Limited IPO
Upcoming Kontor Space IPO | New Kontor Space IPO

Kontor Space Limited provides space-as-a-service by renting and managing commercial spaces.

The company purchases the property and/or takes properties on rent, to sub-rent/sub-lease the same to single or multiple clients for their workspace requirements with or without furnishing the same as per their needs on a per-seat basis. The company further, invest in fit-outs to customize the property to suit the business model and renovate, and modernize the properties according to the working needs in terms of business requirements such as furniture, work-desks, open work area, cabins, meeting rooms, conference rooms, and other facilities.

The company operates its co-working space from 4 locations; one located in Thane West, Maharashtra; one located in Pune, Maharashtra and two in Mumbai (Fort, and BKC), Maharashtra.

These areas are well-connected with roads, rail, and air, which reduces transportation costs and facilitates easy conveyance for the working professional consumption regions. The strategic establishment of these locations helps the company cater to the enormous domestic and international clientele. Kontor Space’s optimum capacity is 730 seats, 300 seats, 60 seats, and 120 seats from its Thane, Pune, Fort, and BKC centres respectively.

Kontor Space IPO

Kontor Space IPO – Details

IPO Opening Date27 September 2023
IPO Closing Date03 October 2023
Issue TypeFixed Price Issue IPO
Issue Size16,80,000 Shares Worth ₹15.62 Crore
Fresh Issue: 16,80,000 Shares Worth ₹15.62 Crore
Face Value₹10 per equity share
IPO Price₹93
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterCameo Corporate Services Limited
Other Shares Offered50%
Retail Shares Offered50%

Kontor Space IPO – Date Schedule

IPO Open Date27 September 2023
IPO Close Date03 October 2023
Basis of Allotment06 October 2023
Initiation of Refund09 October 2023
Credit of Shares to Demat Account10 October 2023
IPO Listing Date11 October 2023
Cut-off time for UPI mandate confirmation5 PM on Oct 03, 2023

Kontor Space IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)112001,11,600
Retail (Maximum)112001,11,600
HNI (Minimum)224002,23,200

Competitive Strengths

  • Brand Image.
  • Asset-light model.
  • Economical pricing.
  • Contract flexibility.
  • Smart workspaces.
  • Convenience of enquiry/booking.
  • Allied business services collaborations.
  • Favorable clients’ composition.
  • Roll out capabilities.
  • Strategic location.
  • Experienced management.
  • Proven track record of robust financial performance.

Company Promoters

  • Mr. Kanak Mangal
  • Mrs. Neha Mittal

Object Of The Issue

  • To make the payment of Rental Deposits for new co-working centres.
  • To carry out the Capital Expenditure for fit outs of new co-working centres.
  • General Corporate Purposes.
Kontor Space IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20213.904.28-0.622.04
31 March 20224.043.590.302.10
31 March 20239.186.541.885.53
Amount in ₹ Crore

Key Performance Indicator

P/E (x)22.27
Market Cap57.47 Crore
EPS (Rs)9.46

Kontor Space IPO Promoter Holding

Pre Issue Share Holding98.20%
Post Issue Share Holding

Kontor Space IPO Prospectus

Company Contact Information

Kontor Space Limited

Office No. A1 & B1, 9th Floor,
Ashar IT Park Road No. 16 Z,
Wagle Industrial Estate,
Thane West – 400604

Phone: +91 022- 62790001
Email: info@kontorspace.in

Kontor Space IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com

Kontor Space IPO Lead Manager(s)

1. Srujan Alpha Capital Advisors Llp

Kontor Space IPO FAQs

Kontor Space IPO FAQs
What is Kontor Space IPO?

Kontor Space IPO is a SME IPO. The issue is priced at ₹93 per equity share. The IPO is to be listed on NSE SME.
When Kontor Space IPO will open?

The IPO is to open on  27 September 2023 for Other – 50% and Retail – 50% Investors.
How to Kontor Space IPO?

You can apply Kontor Space 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 Kontor Space IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kontor Space”. 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 Kontor Space IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kontor Space”. 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 Edelweiss.
What is Kontor Space IPO Size?

Kontor Space IPO size is ₹15.62 crores.
What is Kontor Space IPO Price Band?

Kontor Space IPO Price Band is ₹93.
What is Kontor Space IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,11,600 amount while the maximum bid is 1200 shares with ₹1,11,600 .
What is the Kontor Space IPO Allotment Date?

Kontor Space IPO allotment date is  06 October 2023.
What is the Kontor Space IPO Listing Date?

Kontor Space IPO listing date is 11 October 2023. The IPO is to list on NSE SME.
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