Kundan Edifice SME IPO

Kundan Edifice Limited

₹1,09,200 /1200 sharesMinimum Investment

Kundan Edifice SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Sep ‘23 - 15 Sep ‘23₹1,09,2001,200₹91 - ₹91
Issue SizeIPO Doc
25.22Cr
RHP PDF

About Kundan Edifice SME

Kundan Edifice was incorporated in 2010. Kundan Edifice specializes in the manufacturing, assembly, and sale of LED strip lights, catering to various industries such as real estate, railways, automobiles, and decorative lighting. Functioning primarily as an Original Design Manufacturer (ODM), the company manufactures, conceptualizes, and designs products. They also collaborate with their customers to create and supply products based on their specific designs. Their product line includes various LED strip lighting products suitable for indoor and outdoor applications. These products fall into two main categories: HV Flex and LV Flex. The company offers multiple variants in length, color, durability, and controls, making them ideal for various applications such as decorative lighting and interior design.;
Founded in
2010
Managing director
Mr. Divyansh Mukesh Gupta
Parent organisation
Kundan Edifice Limited

Strengths & Financials of Kundan Edifice SME

Strengths
Risks
Kundan Edifice boasts a strong track record of retaining its customers over the years. In 2023, 2022, and 2021, approximately 65.65%, 65.31%, and 62.27% of their total revenues came from repeat customers.
The company's Research and Development (R&D) department is dedicated to various aspects of product development, including product design, tool and mold design, electronic circuit design, and prototype creation. They independently create ODM designs, verify and enhance OEM designs provided by customers, and transform them into tangible products. This process involves improving the designs, suggesting suitable raw materials, and testing prototype products.
The company's Bhiwandi facility specializes in the extrusion process and has an annual production capacity of 180 lakhs meters as of March 31, 2023, with a utilization rate of approximately 83.33%.
Their Vasai facility has an annual production capacity of 273 lakhs meters, excluding accessories, and a utilization rate of around 84.40% as of the same date.
The company's revenue from operations has seen substantial growth, surging from Rs. 1,513.66 lakhs in 2021 to Rs. 6,021.93 lakhs in 2023.
The company has witnessed an increase in its restated profit after tax, rising from Rs. 77.22 lakhs in 2021 to Rs. 513.09 lakhs in 2023.

Kundan Edifice SME Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Kundan Edifice SME IPO

Apply asPrice bandApply upto
Regular91 - 91₹2 Lakh
High Networth Individual91 - 91₹2 - 5 Lakh
For Kundan Edifice SME IPO, eligible investors can apply as Regular.
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