Issue Price
₹170
Per Share
GMP
NIL
Grey Market
Est. Listing
₹170
Expected Price
Min. Application
₹272,000
2 lots × 800 shares
Kesar India Limited is engaged in the business of developing and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, "Kesar Lands".As of December 31, 2021, it has a total land reserve of 123.70 lakh square feet. It has successfully completed many projects such as Kesar Vihar, Kesar Shree, Kesar Garden, and Kesar Signature projects. Kesar Gateway is its ongoing project while Kesar Forest, Kesar Exotica, Kesar Tower, Kesar Hills, and Kesar Imperial are some of the upcoming projects.Competitive strengthsComplete project management from land acquisition to conceptualization and marketing.Experienced team of managers.Stringent quality standards and compliance.
Kesar India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 47,200 | — | ₹0.80 Cr | — |
| TOTAL | 930,400 | 100.00% | ₹15.82 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹136,000 |
| Retail (Max) | 13 | 10,400 | ₹1,768,000 |
| sNII (Min) | 14 | 11,200 | ₹1,904,000 |
| bNII (Min) | 68 | 54,400 | ₹9,248,000 |
| Particulars | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 18.54 | 57.70 | 119.71 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.73 | 3.73 | 1.19 |
| Net Worth | -85.88 | -82.15 | -80.96 |
| Total Assets | 220.31 | 243.20 | 374.72 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |