
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
Overall Subscription
1.77x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.62x
High Net-Worth
Retail (RII)
0.91x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 441,600 | 1,157,600 | 2.62x |
| RETAIL | 441,600 | 401,600 | 0.91x |
| Total | 883,200 | 1,559,200 | 1.77x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 407 | 370 | 0.91x |
| HNIs (10L +) | 3 | 8 | 2.62x |
| HNIs (2-10L) | 12 | 31 | 2.62x |
| Total Applications | 422 | 409 | 0.97x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Kesar India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹170 to ₹170 per equity share.
The retail lot size is 800 shares requiring a minimum application amount of ₹1,36,000. Expected listing price is ₹170 per equity share.
The Kesar India Limited IPO aggregate issue size is ₹15.82 Crores with an equity price band set at ₹170 to ₹170 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.77x (Retail: 0.91x, QIB: 0.00x, NII: 2.62x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (KFin Technologies Limited) and the BSE status verification website on or around 2022-07-08. Investors can verify status using PAN card or application number.
Kesar India Limited shares are scheduled to list on BSE on 2022-07-12.