
Emerging SME Services · NSE
Incorporated in 2018, Kontor Space Limited provides space-as-a-service by acquiring, renting, and managing commercial properties, which it sub-leases to clients on a per-seat basis. The company customizes and modernizes these spaces with furniture, work-desks, open work areas, cabins, meeting rooms, and other facilities to suit business needs. Kontor Space operates co-working centers at four locations in Maharashtra—Thane West (~730 seats), Pune (~300 seats), Mumbai Fort$ (~60 seats), and BKC (~120 seats)—strategically located for easy connectivity by road, rail, and air to serve both domestic and international clients efficiently.
Price Band
₹93
Issue Size
₹15.62 Cr
Lot Size
1200 shares
GMP
+3.2%
Est. Listing
₹96
at current GMP
Subscribed
68.74x
overall
Open
27 Sep 2023
Close
3 Oct 2023
Allotment
4 Oct 2023
Refund
5 Oct 2023
Demat Credit
6 Oct 2023
Listing
10 Oct 2023
Overall Subscription
68.74x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
41.98x
High Net-Worth
Retail (RII)
95.49x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 796,800 | 33,448,800 | 41.98x |
| RETAIL | 796,800 | 76,089,600 | 95.49x |
| Total | 1,593,600 | 109,538,400 | 68.74x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 490 | 46,790 | 95.49x |
| HNIs (10L +) | 3 | 126 | 41.98x |
| HNIs (2-10L) | 15 | 630 | 41.98x |
| Total Applications | 508 | 47,546 | 93.59x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Kontor Space Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹15.62 Crores. The shares are offered at a price band of ₹93 to ₹93 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-10-03, the basis of allotment is scheduled to be finalized on 2023-10-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Kontor Space Limited IPO is ₹3 per equity share. Based on the upper price band of ₹93 to ₹93 per equity share, the estimated listing price is ₹96 (+3.2% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹3, the expected profit per application lot is approx ₹3,600 (+3.2% gain). Minimum application cost is approx ₹1,11,600.
The Kontor Space Limited IPO aggregate issue size is ₹15.62 Crores with an equity price band set at ₹93 to ₹93 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,11,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 68.74x (Retail: 95.49x, QIB: 0.00x, NII: 41.98x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-10-04. Investors can verify status using PAN card or application number.
Kontor Space Limited shares are scheduled to list on NSE on 2023-10-10.