Karda Constructions IPO

karda constructions ipo detailsThe Karda Group was founded by Mr Naresh Karda in the year 1994,it is a well known Nashik based group having its presence in the construction industry for more than two decades.
In the years following its inception, the group concentrated on developing affordable housing in the residential segment and from year 2001 onwards, the group diversified into commercial segment.

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Currently,The company has 11 ongoing and 3 planned projects, which it expects to provide an estimated total Carpet Area of 17,13,725 square feet.
Promoters of Karda Constructions 
  • Mr Naresh Karda
Karda Constructions IPO details
Subscription Dates 16 – 21 March 2018
Price Band INR175 – 180 per share
Fresh issue 2,300,000 shares (INR40.25 – 41.40 crore)
Offer For Sale 2,000,000 shares (INR35 – 36 crore)
Total IPO size 4,300,000 shares (INR75.25 – 77.40 crore)
Minimum bid (lot size) 80 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE


Registrar Under Bigshare Services Private Limited
Address E2, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri (E) Mumbai – 400 072
Phone +91 22 4043 0200
Fax +91 22 2847 5201
Email [email protected]
Website www.bigshareonline.com
Karda Constructions Contact Details
Address 2nd Floor, Saikrupa Complex, Tilak Road
Muktidham, Nashik Road
Nashik – 422 101
Phone  253 246 5436
 Email [email protected]
Website www.kardaconstruction.com


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