Kundan Edifice Limited

About the company

## **About Kundan Edifice Limited IPO :** Incorporated in 2010, Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light emitting diode ("LED") strip lights. The company focuses on unconventional form of lighting products i.e. LED strip lights that have varied application across industries such as real estate, railways, automobiles, decorative lighting, etc. The company also provides custom products. Its product list includes HV Flex High voltage flex, LV Flex Low voltage flex, RGB LV Flex (Smart Lights), and Accessories Kit. Their R&D department focuses on product designing, tools and mould designing, electronic circuit designing and prototype designing. The company has two manufacturing and assembly facilities in the state of Maharashtra with one located in Vasai and other in Bhiwandi. Now , Kundan Edifice Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet  incremental working capital requirement and General corporate purposes. ## **Here are key details about the Kundan Edifice Limited IPO :** Company Name| Kundan Edifice Limited|  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   15 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   14 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   22 Sept 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   21 Sept 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   26 Sept 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.