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IPO Synopsis

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Kontor Space Ltd
Registered Office: # A1&B1 9th Flr Ashar IT Park-,Rd# 16 Z Wagle Industrial.Este , Thane (West) - 400604 , Maharashtra , India.
Phone : +91 022-62790001
Fax :
Email :  info@kontorspace.in  
Website :  www.kontorspace.in
Initial public offering of upto 16,80,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Kontor Space Limited ("Kontor" or "The Company" or "The Company" or "The Issuer") for cash at a price of Rs. 93/- per equity share (including a premium of Rs. 83/- per equity share) ("Issue Price") aggregating up to Rs. 15.62 crores ("The Issue") of which 86, 400 equity shares aggregating to Rs. 0.80 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 15,93,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 93/- per equity share aggregating to Rs. 14.82 crores ("Net Issue"). The issue and the net issue will constitute 27.18 % and 25.79 % of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 9.3 times of the face value.

Issue Money Payable On
Opened On Closed On Offer Price Application
27-Sep-23 03-Oct-23 ₹  93.00 ₹  93.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Lead Managers to the Issue
Project Cost ₹   15.02 Cr
Srujan Alpha Capital Advisors LLP
Project Financed through Current Offer ₹   15.62 Cr  
Post Issue Equity Share Capital ₹   6.63 Cr  
Face Value ₹   10  
 
Projects
To make the payment of Rental Deposit of new co-working centresGeneral corporate purposes
To carry out the capital expenditure for it outs of new co-working centres
Promoted By
Kanak Mangal  
Neha Mittal  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd 
 
 

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