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

Kundan Edifice IPO Allotment Status is going to be available officially at https://ipo.cameoindia.com/ on 21st October 2023. Once the basis of allotment is finalized, all the investor will be able to check the allotment status of Kundan Edifice Initial Public Offering by providing his or her PAN, DP Client ID or Application Number.

Kundan Edifice IPO Allotment Status

IPO i.e. Initial Public Offering for Kundan Edifice was opened on 12th September 2023 and investors have subscribed till 15th September 2023, and now the allotment status is to be made public likely on 21st October 2023 by the afternoon, once it is released, the direct link check it will be activated below, investors are going to allocated only those shares which they have subscribed IPO a certain of shares prior the observations. 

Kundan Edifice is likely to raise approximately ₹25.22 crores by Initial Public Offering (IPO) for 27,72,000 equity shares, price band was fixed at ₹91 for per equity share and face value was only ₹10. Out of total shares, 50 are for Retail, and the remaining half for NII quota, lot size for retail was only 1, which was of 1200 shares, if you are one who subscribed to it and now wait for the release of the allotment status, then you must know that we also shared procedure to check it below.

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 
Official Website  https://cameoindia.com/

In the Initial Public Offering of Kundan Edifice, a retail individual can subscribe hardly 1 lot, which was of 1200 share, and it is worth ₹1,09,200. If you are one who bought a 1 lot and few hundred or below share then you need to know that the allotment status is all set to be available at https://ipo.cameoindia.com/, shortly after it’s release, each individual will be able to check it using the required credential.

Kundan Edifice IPO Allotment Status

How to check the Kundan Edifice IPO GMP Allotment Status?

To check the allotment status of Kundan Edifice IPO, you have to go through the step-by-step instructions available below.

  • Go to the official website of Cameo India, which is only accessible at https://cameoindia.com/.
  • Lookout for an option that reads ‘IPO Allotment Result’, hit on it and get redirected to the next page.
  • Select your Company as Kundan Edifice, Type as PAN, DP Client ID and Application Number, enter any of these credentials and then hit the Submit button to check the status.

Once you have gone through the step-by-step instructions above, you will have successfully checked that you all your subscribed IPO share(s) allocated or not.

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

Kundan Edifice IPO Refund, Demat Account Credit & Listing 

For the over subscription of Kundan Edifice Initial Public Offering the refund will be released just a day after the finalization of basis of allotment on September 21, 2023. Each and every single individual needs to know that to get the refund for oversubscribed shares one won’t have to submit any application or do any online, it will be processed automatically.

Investors need to know that shares of the Kundan Edifice IPO will be credited to Demat Account on 25th September 2023, and then the listing of Initial Public Offering will take place on National Stock Exchange of India Limited (NSE)’s Small and Medium Enterprises.

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