
Real Estate / Construction · BSE
Kesar India Limited focuses on developing and constructing residential, commercial, and industrial buildings, including factories and workshops, marketed under the brand "Kesar Lands." As of December 31, 2021, the company holds a land reserve of 123.70 lakh square feet and has completed projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature. Its ongoing project is Kesar Gateway, with upcoming developments including Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial.
Price Band
₹170
Issue Size
₹15.82 Cr
Lot Size
800 shares
GMP
Est. Listing
₹170
at current GMP
Subscribed
1.77x
overall
Open
30 Jun 2022
Close
4 Jul 2022
Allotment
8 Jul 2022
Refund
9 Jul 2022
Demat Credit
10 Jul 2022
Listing
12 Jul 2022
Last updated: 11 Dec 2025
Current Premium
Issue Price (Upper)
₹170
Band: ₹170
Estimated Listing Price
₹170
Upper price + GMP
Lot Size
800 shares
Min investment ₹1,36,000
Estimated Profit / Lot
₹0
800 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹170 |
| 30 Oct 2026 | — | 0.0% | ₹170 |
| 29 Oct 2026 | — | 0.0% | ₹170 |
GMP is unofficial market data. Not a guarantee of listing performance.
Kesar India Limited is bringing an initial public offering (IPO) in the Real Estate / Construction sector with an aggregate issue size of ₹15.82 Crores. The shares are offered at a price band of ₹170 to ₹170 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,36,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by KFin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-07-10, while un-allotted funds or UPI block mandates will be released on 2022-07-09.
The latest grey market premium for Kesar India Limited IPO is ₹0, which indicates an expected listing price of ₹170.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.