Karda Construction Ltd

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.
Opens On Closes On
16-Mar-18 21-Mar-18
Money Payable On
Application Allotment
180.00 0.00
Minimum Application for shares in Nos : 80 Further Multiples of : 80
Cr Lead Managers to the Issue
Project Cost (.Cr) 38.78 Aryaman Financial Services Ltd
Project Financed through Current Offer (.Cr) 77.40  
Post Issue Equity Share Capital (.Cr) 12.30
Issue Price () 180.00
Part repayment of overdraft facilities
Part repayment of term loans
General corporate purpose
Promoted By
Naresh Karda
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd