IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size15,99,000 shares (aggregating up to ₹6.40 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 12 Oct 2017
Subscription CloseTue, 17 Oct 2017
Anchor AllotmentWed, 11 Oct 2017
Basis of AllotmentMon, 23 Oct 2017
Initiation of RefundsTue, 24 Oct 2017
Credit of Shares to DematTue, 24 Oct 2017
Listing DateFri, 27 Oct 2017
UPI Mandate Deadline2017-10-17
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public15,18,000 shares (aggregating up to ₹6.07 Cr)
Reserved for Market Maker81,000 shares (aggregating up to ₹0.3240 Cr)
Pre-IPO Promoter Holding30,76,129 shares
Post-IPO Promoter Holding46,75,129 shares
About Kaarya Facilities & Services Ltd
Incorporated in 2009, Kaarya Facilities & Services Ltd is a leading integrated Facilities and Property Management company. They provide their services to corporate, SMEs, Government institutions and Residential Segments. They offer specialized Cleaning and Hygiene services, Housekeeping, Pantry, MEP (Mechanical, Electrical, Handyman services - repair & maintenance), Pest Control, Landscaping, Guest House management to Façade cleaning.Currently majority of its revenues comes from deployment of personnel for soft services comprising of housekeeping services, help desk management, office administration executives, and pantry & steward services. KFSL gradually also developing into suppliers of all aspects of building maintenance and operations services including technical services & other hard services such as tank cleaning, pest control, contracts management & more. They also work towards women empowerment and employment of disable people wherever it is possible and client is alsoagreeable.Competitive Strengths1. Experience team of professionals with domain expertise2. Our experience and track record3. Online Helpdesk system
Objects of the Issue
Kaarya Facilities & Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet working capital requirements
3.76
2
Purchase of Equipment
0.63
3
Purchase ERP Software
0.98
4
Purchase of Employee Uniforms
0.31
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,76,129 shares
Post-IPO Promoter Holding
46,75,129 shares