Kontor Space, founded in 2018, provides “space as a service” by renting and managing commercial facilities. With technological competence, it seeks to build a culture of collaboration and productivity by providing clients ranging from small-scale startups to major corporations with flexibility, convenience, and astonishing quality at a significantly competitive price.
As the owner of the ‘Kontor’ trademark, the company has established a significant brand image and positioning in the co-working industry, allowing it to aggressively expand into newer markets by acquiring and managing more spaces in addition to the existing four in Thane, Pune, Fort, and BKC (Mumbai). Kontor Space now offers highly competitive pricing in co-working centers in Thane, Pune, Fort, and BKC, with typical prices per seat of INR 8,500/-, INR 4,500/-, INR 13,333/-, and INR 30,000/- (planned).
The emphasis on functional and operational excellence has resulted in a track record of strong financial performance. It earned total income of INR 917.40 Lakh, INR 400.70 Lakh, and INR 390.24 Lakh in FY 2023, 2022, and 2021, respectively, EBITDA of INR 394.90 Lakh, INR 17.00 Lakh, and INR 32.19 Lakh, and net profit after tax of INR 187.88 Lakh, INR 30.44 Lakh, and negative INR (61.75 Lakh).
Kontor Space IPO Details
| Kontor Space IPO Dates | 27 – 29 September 2023 |
| Kontor Space IPO Price | INR 93 per share |
| Fresh issue | 16,80,000 shares (INR 15.62 crore) |
| Offer For Sale | NIL |
| Total IPO size | 16,80,000 shares (INR 15.62 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 111,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Kontor Space Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Revenue | 390.24 | 400.70 | 917.40 |
| Expenses | 428.00 | 358.53 | 654.34 |
| Net income | (61.75) | 30.44 | 187.88 |
Kontor Space Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | (1.92) | 1.24 | 7.57 |
| PE ratio | – | – | 12.29 |
| RONW (%) | (107.10) | 41.27 | 40.82 |
| NAV | 1.79 | 3.01 | 18.55 |
| ROCE (%) | (10.64) | 20.48 | 31.19 |
| EBITDA (%) | 8.25 | 4.24 | 43.05 |
| Debt/Equity | 4.54 | 2.79 | 1.19 |
Kontor Space IPO Subscription: Live Updates
- Coming soon
Kontor Space IPO Dates & Listing Performance
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 29 September 2023 |
| Finalization of Basis of Allotment | 5 October 2023 |
| Initiation of refunds | 6 October 2023 |
| Transfer of shares to demat accounts | 9 October 2023 |
| IPO Listing Date | 10 October 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Kontor Space Offer Lead Manager
SRUJAN ALPHA CAPITAL ADVISORS LLP
112A, 1st floor, Arun Bazar, S.V. Road, Beside
Bank of India, Malad (West), Mumbai, 400 064
Phone: +91 022-40167322
Email: jinesh@srujanalpha.com
Website: https://www.srujanalpha.com
Kontor Space Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai, 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: investor@cameoindia.com
Website: https://www.cameoindia.com
Kontor Space Contact Details
KONTOR SPACE LIMITED
Office No. A1 & B1, 9th Floor, Ashar IT Park Road No. 16 Z,
Wagle Industrial Estate, Thane West, Maharashtra 400604
Phone: +91 022- 62790001
E-mail: info@kontorspace.in
Website: https://www.kontorspace.in
Kontor Space Offer News
- Kontor Space RHP
- Kontor Space Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Kontor Space IPO FAQs
Q1. What is Kontor Space IPO offer size?
Ans. Kontor Space offer size is INR 15.62 crores.
Q2. What is the Kontor Space price band?
Ans. Kontor Space public offer price is INR 93 per share.
Q3. What is the size of the Kontor Space public offer?
Ans. Kontor Space offers a lot size of 1,200 shares.
Q4. What is Kontor Space IPO GMP today?
Ans. Kontor Space IPO GMP today is INR NA per share.
Q5. What is the Kontor Space kostak rate today?
Ans. Kontor Space Kostak rate today is INR NA per application.
Q6. What is Kontor Space subject to the Sauda rate today?
Ans. Kontor Space subject to Sauda rate today is INR NA per application.
