Kundan Edifice Limited IPO
Kundan Edifice Limited was a SME IPO in the Consumer Electronics sector, offered at ₹91–₹91 per share to raise ₹25 crore. It listed on 26 Sep 2023 at ₹75 and closed its first day at ₹79, a listing loss of -13.5% versus the ₹91 issue price. It now trades around ₹100 (+10.0% versus the issue price).
Frequently asked questions
- What were the Kundan Edifice Limited IPO listing gains?
- Kundan Edifice Limited listed on 26 Sep 2023 at ₹75, closing its first day at ₹79 — a listing loss of -13.5% versus the ₹91 issue price.
- What was the price band and lot size of the Kundan Edifice Limited IPO?
- The price band was ₹91–₹91 per share, with a minimum lot of 1,200 shares (₹1,09,200 at the upper band).
- Who were the registrar and lead manager for the Kundan Edifice Limited IPO?
- Cameo Corporate Services Limited was the registrar, and Fedex Securities was the book-running lead manager.