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IPO Synopsis IPO   > IPO Synopsis
As on : Apr 20,2024 07:30 PM
Kesar India Ltd
Registered Office: Flat No F-101,Jagat Plaza Amravati Road, Nagpur - 440010, Maharashtra, India.
Phone : 91-1800-123-0854   Fax:
Email :    
Website :  
Initial public issue of upto 930,400 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Kesar India Limited ("The Company" or the "Issuer") for cash at a price of Rs. 170 per equity share (the "Issue Price"), (including a premuim of Rs. 160 per equity share), aggregating Rs. 15.82 crores ("The Issue"), of which 47,200 equity shares of face value of Rs. 10.00/- for cash at a price of Rs. 170 each aggregating Rs .0.80 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 883,200 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 170 per equity share, aggregating to Rs. 15.01 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.35 % and 25.02 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 170.00/- per equity share. The Issue price is 17 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-22 04-Jul-22 (Rs) 170.00 (Rs) 0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
  Lead Managers to the Issue
Project Cost (Rs.Cr) 14.31 Fedex Securities Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 15.82  
Post Issue Equity Share Capital (Rs.Cr) 3.53  
Issue Price (Rs) 170.00  
Projects
To finance development expenses of the Project & upcoming Projects Acquisition of land development right
General corporate purposes
Promoted By
Gopal Fatehchand Gupta
Listing At
BSE - SME
Registrar to the Issue
No Data Available