Kundan Edifice IPO Allotment Status, Refund, Demat Account Credit, Listing

Kundan Edifice IPO Allotment Status : Investors are eagerly anticipating the allotment status of the Kundan Edifice Initial Public Offering (IPO), which will be available on 21st October 2023 at https://ipo.cameoindia.com/. After the basis of allotment is finalize, investors can check their allocation by providing their PAN, DP Client ID, or Application Number. It is crucial to keep track of your IPO allotment status to plan your investment strategy accordingly and make inform decisions about your portfolio.

Once you receive your allotment, it is advisable to monitor the performance of the stock closely. Consulting with a financial advisor before making any significant investment decisions is crucial as well. It is also important to note that investing in an IPO can be risky and requires thorough research about the company’s financials, management team, and market potential. By doing so, investors can make well-inform decisions about whether to invest and how much to invest. Are you eagerly waiting to know the status of your Kundan Edifice IPO allotment? Well, you’re in the right place! In this blog post, we will guide you through the process of checking the allotment status and provide you with all the information you need to know about this highly anticipate IPO. So, sit back, relax, and let’s dive into the world of Kundan Edifice IPO allotment status.

Kundan Edifice IPO Allotment Status 2023

The IPO, or Initial Public Offering, for Kundan Edifice commence on September 12th, 2023. Investors have subscribe to the offering until September 15th, 2023. The allotment status will be made public around October 21st, 2023, in the afternoon. Once it is release, a direct link will be activated below for investors to check it. Only the shares that investors have subscribe to prior to the observations will be allocate to them. Kundan Edifice’s IPO is expect to generate ₹25.22 crores. The IPO offered 27,72,000 equity shares at ₹91 per share, with a face value of ₹10 per share. Shares were allocate to retail investors and the NII quota, with 50 shares for retail investors and the remaining half for the NII quota.

Retail investors could subscribe for a minimum lot size of 1 (equivalent to 1200 shares). If you subscribe to this IPO and want to check the allotment status, find the procedure below. During the Kundan Edifice Initial Public Offering, retail individuals were only allowed to subscribe to a maximum of 1 lot, which consist of 1200 shares and had a value of ₹1,09,200. If you purchase exactly 1 lot or even just a few hundi shares, it is important to note that the allotment status will soon be accessible on https://ipo.cameoindia.com/. Once it is release, individuals will be able to check their allotment status using the necessary credentials.

Kundan Edifice IPO Allotment Status

Kundan Edifice IPO Allotment Status Details

IPO Size ₹25.22 Crores (Approximately)
Number of Shares 27,72,000
Face Value ₹10 per Equity Share
Price Band ₹91 per Equity Share
Listing on NSE SME
Retail Quota 50%
NII Quota 50%
Allotment Status To be released
Category Result
Official Website cameoindia.com
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Kundan Edifice IPO Refund, Demat Account Credit & Listing 

Investors in Kundan Edifice Initial Public Offering who have oversubscribed will receive their refund within one day of the finalization of the basis of allotment, on September 21, 2023. It is important to note that there is no need for investors to submit any application or take any online action to receive their refund for oversubscribed shares – it will be process automatically. This process ensures that investors receive their refunds in a timely and efficient manner, without having to go through any additional steps.

Investors looking to invest in the Kundan Edifice IPO must note that the shares will be credit to their Demat account on September 25th, 2023. Following this, the Initial Public Offering will be list on the National Stock Exchange of India Limit (NSE)’s Small and Medium Enterprises. It is essential for investors to keep a close watch on the developments relate to the IPO and follow all necessary procedures to ensure a smooth investment process. Additionally, it is advisable to consult with financial experts before making any investment decisions.

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Kundan Edifice IPO Dates

Important Dates for Initial Public Offering of Kundan Edifice are available inside the table, go through it and check.

IPO Open September 12, 2023
IPO Close September 15, 2023
Allotment Status September 21, 2023
Refund Release September 22, 2023
Credit to Demat Account September 25, 2023
IPO Listing September 26, 2023

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How To check the Kundan Edifice IPO GMP Allotment Status?

Are you eagerly waiting for the allotment status of the Kundan Edifice IPO? Well, you’re in the right place! In this blog post, we will guide you on how to check the Kundan Edifice IPO GMP (Grey Market Premium) and Allotment Status. We’ll provide step-by-step instructions, so you can easily access the information you need. Whether you’re a seasoned investor or new to the IPO game, understanding how to check the GMP and Allotment Status is crucial. So don’t miss out on this valuable information – read on to find out more!

In order to determine the allotment status of Kundan Edifice IPO, it is necessary to follow the detail instructions provide below.

  • To reach the official website of Cameo India, kindly go to https://cameoindia.com/.
  • Find the choice labeled ‘IPO Allotment Result’, click on it, and you will be taken to the next page.
  • To check the status, simply enter your Company as Kundan Edifice, Type as PAN, DP Client ID, or Application Number. Once you have entere any of these credentials, click on the Submit button..

Once you have follow the clear instructions provide, you will be able to ascertain if your subscribe IPO share(s) have been successfully allocate. It is essential to follow the process step-by-step and ensure that you provide accurate information when require. The allocation process can take some time, so it is advisable to remain patient and keep track of any updates or notifications from the relevant authorities. Checking for the status of your subscribed IPO shares can help you make inform decisions about your investments.

Conclusion

Kundan Edifice IPO allotment status refers to the process of determining the allocation of shares to investors who have applied for the initial public offering (IPO) of Kundan Edifice. This status provides information on whether an investor has been allotted shares and if so, how many. It is an important step in the IPO process as it allows investors to know their investment status and plan accordingly. Investors can check the IPO allotment status through various channels such as the company’s website, registrar’s website, or by contacting their respective brokers.

Kundan Edifice IPO Allotment Status FAQ’S

What is Kundan Edifice IPO?

Kundan Edifice IPO is an NSE SME IPO. They are going to raise ₹25.22 Crores via IPO. The issue is priced at ₹91 per equity share. The IPO is to be listed on NSE.

When Kundan Edifice IPO will open?

The IPO is to open on September 12, 2023 for QIB, NII, and Retail Investors.

How to Apply the Kundan Edifice IPO?

You can apply Kundan Edifice IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Kundan Edifice IPO Size?

Kundan Edifice IPO size is ₹25.22 crores.

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