Karda Constructions Ltd - Prospectus Synopsis

Karda Constructions Ltd RHP

Registered Office : 2nd Floor Gulmohar Status , Above Business Bank SamarthNgr , Nashik - 422005 , Maharashtra , India.

Phone : 91-253-2465436  Fax :

Email : admin@kardaconstruction.com    Website : www.kardaconstruction.com

Public issue of 43,00,000 equity shares of face value of Rs. 10 each (the equity shares) of Karda Constructions Limited (the company or issuer) for cash at a price of Rs. 180 per equity share (including a share premium of Rs. 180 per equity share) aggregating to Rs. 77.40 Crores (the issue) comprising of a fresh issue of 23,00,000 equity shares by the company aggregating up to Rs. 41.40 Crores (the fresh issue) and an offer for sale of 20,00,000 equity shares by Mr. Naresh Karda (referredto as the selling shareholder) aggregating to Rs. 36 Crores (offer for sale). the issue would constitute 34.96%, of the post-issue paid-up equity share capital. The face value of equity shares is Rs.10 each. The issue price is Rs.180 per equity share which is 18 times the face value of the equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Mar-2018 21-Mar-2018 Rs 180 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 80 Further Multiples of : 80
  Rs Cr Lead Managers to the Issue
Project Cost 38.78 Aryaman Financial Services Ltd
Project Financed through Current Offer 77.4  
Post Issue Equity Share Capital 12.3  
Issue Price Rs. 180  
Part repayment of overdraft facilities
Promoted By Listing At Registrar to the Issue
Naresh Karda
Mumbai Bigshare Services Pvt Ltd

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