Kontor Space IPO Review, Price, Dates, Fundamentals

Kontor Space IPO Review, Price, Dates, Fundamentals: The Rs 15.62 crore fixed price issuance for Kontor Space. 16.8 lakh shares are being issued totally as new shares. Shares of Kontor Space are priced at 93 each. Retail investors must make an initial investment of at least 111,600. The minimum investment lot size for HNI is 2 lots, or 2,400 shares, or 223,200.

Kontor Space IPO
Kontor Space IPO

The subscription period for the Kontor Space Limited IPO begins on September 27, 2023, and ends on October 3, 2023. On Friday, October 6, 2023, the allocation for the Kontor Space IPO is anticipated to be completed. The tentative listing date for Kontor Space’s IPO is set on Wednesday, October 11, 2023, on NSE SME.

The registrar for the Kontor Space IPO is Cameo Corporate Services Limited, while the book-running lead manager is Srujan Alpha Capital Advisors Llp. Rikhav Securities is the market maker for the Kontor Space IPO.

Kontor Space IPO Overview

Kontor Space Limited Company Overview
Company Name Kontor Space Limited
IPO Opening Date 27 September, 2023
IPO Closing Date 03 October, 2023
Face Value 10₹ Per Share
Share Price Range 93₹ Per Share
Lot Size 1200 Shares
GMP Check Here
Issue Type Fixed Price Issue IPO
Total IPO Issue Size 1,680,000 Shares
Fresh Issue Size 1,680,000 Shares
IPO Listing At NSE SME
Share Holding Pre Issue 4,500,000
Share Holding Post Issue 6,180,000
More IPO’s Check Here


Kontor Space IPO Lot Size

Kontor Space Limited IPO Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications 01 Lot
Minimum HNI Applications 02 Lots
Total Shares In Single Lot 1200 Shares
Amount For Single Lot ₹111,600


Kontor Space IPO Time Table (Tentative)

Kontor Space Limited IPO Time Table Complete Details
IPO Initiation Date 27 September, 2023
IPO Ending Date 03 October, 2023
Basis Of Allotment 06 October, 2023
Initiation Of Refund 09 October, 2023
Shares Credit To Demat Account 10 October, 2023
Date Of Listing 11 October, 2023
Cut Off Time For UPI Mandate Confirmation 05:00 PM, 27 September, 2023


Kontor Space IPO Reservation Details

Kontor Space Limited IPO Reservation Overview
Shares Offered To Retailers 50% Of Net Offer
Shares Offered To HNI 50% Of Net Offer


Kontor Space Company Financials

Kontor Space Limited Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 917.84 Cr
Assets 1295.31 Cr
Profit After Tax 187.88 Cr
Net Worth 464.67 Cr
Reserves And Surplus 64.67 Cr
Debt 552.79 Cr


Kontor Space Promoters Holding

Share Holding Pre Issue 98.20%
Share Holding Post Issue Not Release Yet


Kontor Space Key Performance Indicators

Kontor Space Limited Key Performance Indicators
KPI Values
P/E (X) 22.27
EPS 9.46
ROE 40.82%
ROCE 31.19%
RoNW 40.82%


Is Kontor Space IPO Good Or Bad To Buy? (Review)

KSL is pleased to have you as a coworker as they are in the cutting-edge “space-as-a-service” business. For the stated periods, it showed increase in its top lines. The management is optimistic in seizing the opportunity with the anticipated expansion as the FY23 performance gives a signal as to the prospects moving forward. Investors may park money in anticipation of medium- to long-term gains.


What Is The Future Of Kontor Space Stock?

The business buys the property or rents the property in order to sub-rent or sub-lease the same to one or more clients on a per-seat basis for their workspace requirements, depending on their requirements, with or without the same equipment.

The company also invests in fit-outs to upgrade and renovate premises in compliance with working requirements and to adapt the property to the business model, including :-

  • Furniture.
  • Workstations
  • Open work areas.
  • Cabins, meeting rooms.
  • Conference rooms and other facilities.

Four venues are used by the company to run its co-working space: one in Thane West, Maharashtra; one in Pune, Maharashtra; and two in Mumbai (Fort, and BKC), Maharashtra. Due to their excellent road, rail, and air connectivity, these areas are easily accessible for the working and professional consumption regions at lower transit expenses.

These venues strategic placement aids the business in serving its sizable local and international clients. The maximum seating capacities of Kontor Space’s Thane, Pune, Fort, and BKC centers are 730 seats, 300 seats, 60 seats, and 120 seats, respectively.


What Is The Objective Of Kontor Space IPO Issue?

These are two main reasons for Kontor Space IPO :-

  • To complete the capital expense for the fit-out of new co-working spaces.
  • To pay the rental deposits for brand-new co-working spaces.


How To Apply For Kontor Space IPO?

  • Log in to Console at your broker’s website.
  • Click the IPOs link under Portfolio.
  • Go to the ‘Kontor Space IPO’ field and select the ‘Bid’ option.
  • Enter the Price, Quantity, and UPI ID.
  • “Submit” your IPO application.
  • Approve payment.

Leave a Comment