IPO Price History
Closed
Kundan Edifice Limited logo

Kundan Edifice Limited IPO

SME IPOListedKELNSE
Current Market Price (CMP)
₹24.17(-73.44%)
Current Price (CMP)
₹24.17(-73.44%)

Live Market Quote

Listing Price & Gain
₹15.80(-82.64%)

Day 1 Exchange Open

IPO Issue Price
₹91

Band: ₹91

Total Subscription
37.92x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
12 Sept 2023
IPO Bidding Closes
15 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
26 Sept 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 37.92x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription37.92x
Updated as on 15-Sep-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain-82.64%
₹91 (Issue) → ₹15.80 (List)
Per share profit: ₹-75.20
Holding Return (Till Date)-73.44%
₹91 (Issue) → ₹24.17 (CMP)
Net gain per share: ₹-66.83
Post-Listing Performance (Listing Day → Today):+52.97%

About Kundan Edifice Limited IPO

Kundan Edifice Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 12 Sept 2023 and concluded on 15 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹91.

During the bidding window, Kundan Edifice Limited witnessed heavy demand with an overall subscription of 37.92 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Kundan Edifice Limited officially debuted on the stock exchanges on 26 Sept 2023 at an opening listing price of ₹15.80, delivering a listing day return of -82.64% (discount) over the final issue price. As per the latest market data, the stock trades at ₹24.17, representing an overall decline of -73.44% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Kundan Edifice Limited IPO?
The issue price of Kundan Edifice Limited IPO was fixed at ₹91 per equity share. The indicative bidding price band was ₹91.
What were the open, close, and listing dates for Kundan Edifice Limited IPO?
Kundan Edifice Limited IPO opened on 12 Sept 2023, closed on 15 Sept 2023, listed on 26 Sept 2023.
How much was Kundan Edifice Limited IPO subscribed?
The IPO received an overall subscription of 37.92 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Kundan Edifice Limited IPO?
Kundan Edifice Limited IPO listed on the stock exchange at ₹15.80, delivering a listing discount of 82.64% compared to the IPO issue price of ₹91.
Is Kundan Edifice Limited IPO a Mainboard or SME IPO?
Kundan Edifice Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Kundan Edifice Limited IPO since its IPO?
At the latest market quote of ₹24.17, Kundan Edifice Limited IPO has generated an all-time return of -73.44% since its initial public offering.

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