31 Mar 2019
Assets2.20
Total Income0.19
Profit After Tax0.01
NET Worth-0.86
At a glance
Updated 2026-09-18The shares listed at ₹172.50, a 1.47% move from the issue price. Kesar India is a SME IPO with an issue size of ₹15.82 crore, proposed for listing on BSE SME. The offer opens on 30th Jun 2022 and closes on 4th Jul 2022. The issue structure includes a fresh issue of ₹15.01 crore. The current listing schedule points to 12th Jul 2022.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹15.82 Cr
Fresh issue₹15.01 Cr
Face value₹10
Price band—–—
Allotment7th Jul 2022
Listing12th Jul 2022
Listing performance
Full performance ↗Issue price₹170.00
Listing price₹172.50
Current price—
Listing gain1.47%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹170.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Jun 2022
Closes4th Jul 2022
Allotment7th Jul 2022
Refund8th Jul 2022
Demat11th Jul 2022
Listing12th Jul 2022
Subscription demand
Full bidding ↗Total1.77×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To finance development Expenses of the Projects & upcoming Projects | ₹10.50 Cr |
| Acquisition of land or land development right | ₹1.50 Cr |
| General corporate purposes | ₹2.31 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue6.96₹ Cr · +480.0% vs prior year
PAT3.24₹ Cr · +32,300.0% vs prior year
Assets8.18₹ Cr · +118.1% vs prior year
Net Worth2.44₹ Cr · +401.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets2.43
Total Income0.58
Profit After Tax0.04
NET Worth-0.82
31 Mar 2021
Assets3.75
Total Income1.20
Profit After Tax0.01
NET Worth-0.81
31 Dec 2021
Assets8.18
Total Income6.96
Profit After Tax3.24
NET Worth2.44
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS7.54
Pre-IPO P/E13.87
Promoter holding pre100%
Promoter holding post73.65%
Market cap₹60.02 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Kesar India IPO | — | 13.87 x | — | — |
| Teamtech Formwork IPO | — | 16.29 x | — | — |
| Justo Realfintech IPO | — | 15.69 x | — | — |
| NACDAC Infrastructure IPO | — | 14.28 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees including Underwriting Commission & selling & marketing commission | ₹1.28 Cr |
| Registrar to the Issue | ₹0.01 Cr |
| Legal and other advisory fees | ₹0.02 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and Distribution of issue stationery | ₹0.01 Cr |
| Others, if any (Market making, depositories, marketing fees etc.) | ₹0.14 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-18.
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