Kundan Edifice Limited
12 Sep 2023 – 15 Sep 2023
LISTED
Offer Price
₹91
Bid lot
1200
Min Application
₹2,18,400
Issue Size
₹25 Cr
Key dates
Open date
12 Sep 2023
Done
Close date
15 Sep 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
26 Sep 2023
Today
Lot ladder — how much to bid
1 lot = 1200 sharesIndividual · up to ₹2 L2+ lots
Min · 2 lots
2,400 sh · ₹2,18,400
Entry point
₹2,18,400 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
3,600 sh · ₹3,27,600
Entry point
₹3,27,600 onward
bHNI · Above ₹10 L10+ lots
Min · 10 lots
12,000 sh · ₹10,92,000
Entry point
₹10,92,000 onward
Issue details
Lead managersFedex Securities Private Limited
Face value₹10
Listing onNSE Emerge
RegistrarCameo Corporate Services Limited
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Kundan Edifice Limited IPO?
One lot of 1200 shares — ₹2,18,400 at the upper price band of ₹91.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-09-26 on NSE SME.