In this article, we will provide you with comprehensive information about the Kundan Edifice IPO Allotment Status, Refund Process, Demat Account Crediting, and the Listing Date.
Kundan Edifice IPO Allotment Status
The eagerly awaited Kundan Edifice IPO Allotment Status will officially be available on October 21, 2023, at https://ipo.cameoindia.com/. Investors who have applied for this IPO can check their allotment status by providing their PAN, DP Client ID, or Application Number.
- IPO Opening Date: September 12, 2023
- IPO Closing Date: September 15, 2023
- Expected Allotment Status Date: October 21, 2023
- IPO Price Band: ₹91 per Equity Share
- Face Value: ₹10 per Equity Share
Kundan Edifice aims to raise approximately ₹25.22 crores by offering 27,72,000 equity shares to the public. The IPO is divided into two quotas, with 50% reserved for Retail investors and the remaining 50% for Non-Institutional Investors (NII). The lot size for retail investors is 1, consisting of 1200 shares.
|IPO Details||Kundan Edifice IPO|
|IPO Opening Date||September 12, 2023|
|IPO Closing Date||September 15, 2023|
|Allotment Status Date||September 21, 2023|
|Refund Release Date||September 22, 2023|
|Demat Account Crediting Date||September 25, 2023|
|IPO Listing Date||September 26, 2023|
|IPO Price Band||₹91 per Equity Share|
|Face Value||₹10 per Equity Share|
|IPO Size||₹25.22 Crores (Approximately)|
|Number of Shares||27,72,000|
How to Check Kundan Edifice IPO Allotment Status?
Checking your Kundan Edifice IPO Allotment Status is a simple process. Here are the steps to follow:
- Visit the official website of Cameo India at https://cameoindia.com/.
- Look for the option that says ‘IPO Allotment Result’ and click on it.
- Select ‘Kundan Edifice’ as the company.
- Choose ‘PAN,’ ‘DP Client ID,’ or ‘Application Number’ as the type of credential you want to use.
- Enter the corresponding credential and click the ‘Submit’ button.
By following these steps, you can quickly check if you have been allotted the Kundan Edifice IPO shares.
Important Dates for Kundan Edifice IPO
Here are some crucial dates to keep in mind regarding the Kundan Edifice IPO:
- 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
Kundan Edifice IPO Refund Process
For those who oversubscribed to the Kundan Edifice IPO, the refund will be automatically processed after the finalization of the basis of allotment on September 21, 2023. There is no need for investors to submit additional applications or perform any online transactions to receive their refunds.
Demat Account Crediting and Listing
On September 25, 2023, shares from the Kundan Edifice IPO will be credited to investors’ Demat accounts. Following this, the IPO will be listed on the National Stock Exchange of India Limited (NSE)’s Small and Medium Enterprises segment on September 26, 2023.
Q1. Can I check the Kundan Edifice IPO Allotment Status on the official website?
Yes, you can check the allotment status on the official website of Cameo India at https://cameoindia.com/ using your PAN, DP Client ID, or Application Number.
Q2. When will the Kundan Edifice IPO shares be credited to my Demat account?
The shares are expected to be credited to your Demat account on September 25, 2023.
Q3. What is the IPO listing date for Kundan Edifice?
Kundan Edifice IPO is scheduled to be listed on the NSE SME segment on September 26, 2023.
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