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Kontor Space Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹93
Per Share
GMP
NIL
Grey Market
Est. Listing
₹93
Expected Price
Min. Application
₹223,200
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹93 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size16,80,000 shares (aggregating up to ₹15.62 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 27 Sep 2023
Subscription CloseTue, 03 Oct 2023
Anchor AllotmentTue, 26 Sep 2023
Basis of AllotmentThu, 05 Oct 2023
Initiation of RefundsFri, 06 Oct 2023
Credit of Shares to DematMon, 09 Oct 2023
Listing DateTue, 10 Oct 2023
UPI Mandate Deadline2023-10-03
Application & Investment Details
Retail — Min (1 Lots)₹1,11,600 — 1,200 shares
Retail — Max (13 Lots)₹1,450,800 (13 Lots)
HNI — Min (2 Lots)₹2,23,200 — 2,400 shares
EPS (Pre-IPO)₹9.46
P/E Ratio (Pre-IPO)22.27x
Net Offer to Public15,93,600 shares (aggregating up to ₹14.82 Cr)
Reserved for Market Maker86,400 shares (aggregating up to ₹0.8035 Cr)
Pre-IPO Promoter Holding45,00,000 shares
Post-IPO Promoter Holding61,80,000 shares
About Kontor Space Ltd.

Incorporated in 2018, Kontor Space Limited provides space-as-a-service by renting and managing commercial spaces.The company purchases the property and/or takes properties on rent, to sub-rent/sub-lease the same to single or multiple clients for their workspace requirements with or without furnishing the same as per their needs on a per-seat basis. The company further, invest in fit-outs to customize the property to suit the business model and renovate, and modernize the properties according to the working needs in terms of business requirements such as furniture, work-desks, open work area, cabins, meeting rooms, conference rooms, and other facilities.The company operates its co-working space from 4 locations; one located in Thane West, Maharashtra; one located in Pune, Maharashtra and two in Mumbai (Fort$, and BKC), Maharashtra.These areas are well-connected with roads, rail, and air, which reduces transportation costs and facilitates easy conveyance for the working professional consumption regions. The strategic establishment of these locations helps the company cater to the enormous domestic and international clientele. Kontor Space's optimum capacity is ~730 seats, ~300 seats, ~60 seats, and ~120 seats from its Thane, Pune, Fort$, and BKC centres respectively.

Objects of the Issue

Kontor Space Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To make the payment of Rental Deposits of new co-working centers
2.39
2
To carry out the Capital Expenditure for fit outs of new co-working centers
9.67
3
General Corporate Purpose
2.97
Shareholding & Lock-in
Pre-IPO Promoter Holding 45,00,000 shares
Post-IPO Promoter Holding 61,80,000 shares
Check AllotmentCheck Status →
Kontor Space Ltd. — Live Price LIVE
₹93.00
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Issue ₹93.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹93
GMPNIL
Est. Listing₹93
Lot Size1,200 shares
Min Amount₹223,200
Listing Date10 Oct 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹93
Listing Date10 Oct 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 86,400 ₹0.80 Cr
TOTAL 1,680,000 100.00% ₹15.62 Cr
* Based on ₹93.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹93.00
Per Share
Min Investment
₹111,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹111,600
Retail (Max) 13 15,600 ₹1,450,800
sNII (Min) 14 16,800 ₹1,562,400
bNII (Min) 68 81,600 ₹7,588,800
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 917.84 403.75 390.24
EBITDA N/A N/A N/A
Profit After Tax (PAT) 187.88 30.44 -61.75
Net Worth 464.67 75.31 44.87
Total Assets 1295.31 580.82 535.84
Reserves & Surplus 64.67 -124.69 -155.13
Total Borrowings 552.79 210.32 203.75
Key Ratios & Valuation
Issue Price ₹93
Face Value ₹10 Per Share
P/BV N/A
RoE 40.82%
RoCE 31.19%
RoNW 40.82%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 1.19
Company Details
Company
Kontor Space Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Office No. A1 & B1, 9th Floor, Ashar IT Park Road No. 16 Z, Wagle Industrial Estate, Thane, Maharashtra, 400604
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
Book Running Lead Manager (BRLM)