The Kaarya Facilities IPO date has been confirmed to have started on October 12, 2017 and ended on October 17, 2017. Read the post to learn about Kaarya Facilities & Services IPO GMP.
Kaarya Facilities is looking to secure Rs 6.40 crore via an IPO. With shares priced at ₹40 each, applicants need to bid for a minimum of 3000 shares, requiring a minimum investment of ₹120,000 from retail investors. Before institutional investors decide whether or not to participate in the company’s IPO, they should do thorough research.
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Bidding Dates
October 12-17
Price Range
₹40 per share
Face Value
₹10 per share
GMP
₹5.29
Kaarya Facilities IPO GMP
The Kaarya Facilities Limited IPO GMP Today is ₹5.29.
IPO Overview
The Kaarya Facilities IPO has been priced at Rs 6.40 crore, with the bidding window open from October 12, 2017, to October 17, 2017. The shares were then officially listed on the BSE SME on October 27, 2017. Each share in the Kaarya Facilities IPO holds a value of ₹40, and applicants are required to apply for a lot size of 3000 shares. Kaarya Facilities Limited IPO GMP Today is ₹5.29. For retail investors, the minimum investment required for participation stands at ₹120,000. Retail investors look forward eagerly for a chance to invest in the Company via its IPO. The Company’s IPO filing is a comprehensive introduction to its business model, financials, and growth prospects.
Competitive Strengths
- An experienced team of professionals with domain expertise
- Our experience and track record
- Online Helpdesk system
Kaarya Facilities IPO Details
| IPO Date | October 12, 2017 to October 17, 2017 |
| Listing Date | October 27, 2017 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 1,599,000 shares (aggregating up to ₹6.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Kaarya Facilities IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
Kaarya Facilities IPO Listing Details
| Listing Date | October 27, 2017 |
| BSE Script Code | 540756 |
| NSE Symbol | |
| ISIN | INE282Y01016 |
| Final Issue Price | ₹40 per share |
Company Profile
Incorporated in 2009, Kaarya Facilities & Services Ltd has quickly risen to prominence as a premier provider of integrated Facilities and Property Management solutions. Their clientele encompasses corporations, SMEs, government entities, and residential customers seeking tailored services. With expertise in Cleaning and Hygiene, Housekeeping, Pantry maintenance, MEP (Mechanical, Electrical, Handyman services), Pest Control, Landscaping, Guest House management, and facade cleaning, they deliver comprehensive solutions to meet diverse needs. The Company’s IPO performance on the secondary market provides a window into investor sentiment and confidence. Currently, the majority of its profits are generated by the deployment of workers for soft services such as housekeeping, help desk management, office
administration executives, and pantry & steward services. KFSL is steadily expanding into a provider of all areas of building maintenance and operations services, including technical and other hard services such as tank cleaning, pest control, contract administration, and more. They also seek to empower women and hire disabled persons wherever possible, and the client is also a priority.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Kaarya Facilities & Services Ltd |
| Phone number | +91 22 4003 0768 |
| Email ID | [email protected] |
| Website | kaarya.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Kaarya Facilities IPO FAQs
When Kaarya Facilities IPO will open?
The Kaarya Facilities IPO opens on October 12, 2017 and closes on October 17, 2017.
What is the lot size of Kaarya Facilities IPO?
Kaarya Facilities IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
When is Kaarya Facilities IPO listing date?
The Kaarya Facilities IPO listing date is on October 27, 2017.
