Incorporated in 2007, Karda Constriction Limited is engaged in construction business. They are a real estate development company which develops and sells residential and residential-cum-office projects in Nashik, India.
Company has successfully completed and delivered 15 residential projects and office space projects like Hari Smruti, Hari Amantran, Hari Shrushti, Hari Kunj, Hari NiwasHari Niketan, Hari Sankalp etc. They currently have 13 Ongoing and 3 Planned projects.
They have received “Mega Builder of the Year” award of Divya Marathi in June 2013, for having an exceptional performance in the real estate segment in Nashik.
The Promoters of the Company are:
1. Mr. Naresh Karda
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||803.14||637.43||307.56||360.55||270.39|
The object of the issue are to:
1. Part repayment of overdraft facilities;
2. Part repayment of term loans;
3. General corporate purpose;
4. Issue related expenses.
|Issue Open||Mar 16, 2018 - Mar 21, 2018|
|Issue Type||Book Built Issue IPO|
|Issue Size||4,300,000 Eq Shares of Rs 10 |
(aggregating up to Rs 77.40 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 175 - Rs 180 Per Equity Share|
|Market Lot||80 Shares|
|Min Order Quantity||80 Shares|
|Listing At||BSE, NSE|
|Bid/Offer Opens On||Mar 16, 2018|
|Bid/Offer Closes On||Mar 21, 2018|
|Finalisation of Basis of Allotment||Mar 26, 2018|
|Initiation of Refunds||Mar 27, 2018|
|Credit of Shares to Demat Acct:||Mar 28, 2018|
|IPO Shares Listing Date:||Apr 2, 2018|
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