Kusum Industrial Gas IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 17, 2022Let’s have a detailed review of the company and analytics of the Kusum Industrial Gas IPO release date, IPO offer price, subscription, Kusum Industrial Gas Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
Kusum Industrial Gas IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Kusum Industrial Gas Share Price – Live Performance |
Kusum Industrial Gas IPO – Summary
Their company is a financial services provision company, which has its primary business line as financial services, commercial vehicle financing business. They have diversified their business all along the course of time to fit with the financial needs of their clients.
The company provides thorough finance consulting, business consulting including tax consulting. They have established their corporate office at Kolkata, West Bengal.
Kusum Industrial Gas IPO Date
The opening and the closing date of the IPO of Kusum Industrial Gas Limited are not available yet.
Kusum Industrial Gas IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check Kusum Industrial Gas IPO LIVE Subscription
- Kusum Industrial Gas IPO LIVE Bid details on BSE
- Kusum Industrial Gas IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Kusum Industrial Gas IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Kusum Industrial Gas Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Kusum Industrial Gas IPO Price Band / Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Kusum Industrial Gas IPO Equity Size
This Initial Public Issue of 18,24,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Kusum Industrial Gas IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.10/ each.
Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
Open Free Demat Account Now!
Kusum Industrial Gas IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Kusum Industrial Gas Share Price |
Kusum Industrial Gas IPO Grey Market Premium
The Kusum Industrial Gas Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Kusum Industrial Gas IPO – Company Overview
Kusum Industrial Gas is a business consulting agency, which was formed to provide professional consulting and service in finance domain. They are into the business of financial services, commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and they also provide life and general insurance products including mutual funds.
They provide services of finance, business and also tax consulting, while ensuring to provide valuable ideas, be budget friendly and also adhere to value timing.
Be it personal finance help or business finance need or tax related needs, the company looks out for each and every kind of finance need, and provides end to end solutions on the same.
Kusum Industrial Gas IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | ||||
| 30-Jun-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Total Assets | ||||
| *Total Revenue | ||||
| Total Expense | ||||
| Profit After Tax | ||||
Earnings per Equity Share (in Million)
| 30-Jun-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 |
|
| Basic & Diluted |
Further, their PAT for the period ended on June 30, 2020, March 31, 2020, March 31, 2019, and March 31, 2018, were Rs. 135.51 Million, Rs. 447.45 Million, Rs. 68.04 Million and Rs. 26.91 Million respectively.
Kusum Industrial Gas IPO – Promoters
The Promoter of this company is:
List of Related Parties (Key Managerial Personnel)
- Mr. Manish Kumar Dabkara, Chairman & Managing Director
- Mr. Naveen Sharma, Chief Financial Officer
- Mr. Babita Kumawat, Company Secretary and Compliance Officer
Kusum Industrial Gas IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Kusum Industrial Gas IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | X Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Kusum Industrial Gas IPO Issue Object
Their Company proposes to utilise the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Kusum Industrial Gas IPO – Business Strategy
- Focus on Consultancy Business and spreading awareness about carbon neutrality
- Increase the use of technology to improve operational efficiency
- Expanding their customer base
- Creating awareness to reduce carbon emissions
Kusum Industrial Gas IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance, timely payment, and delivery
- Broad customer base and strong relationships with their customers
- Multiple Business verticals under one roof
- Qualified management team and employee base
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-20 | |||
| 31-Mar-19 | |||
| Mar-18 |
Kusum Industrial Gas IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Crores) | |
| Kusum Industrial Gas Limited | 10 | [●] | 8.86 | 73.11 | 20.43 |
| Listed Peers | |||||
| Mitcon Consultancy and Engineering Services Limited |
10 | 12.46 | 3.13 | 3.91% | 42.72 |
Kusum Industrial Gas IPO Lead Managers
| Lead Managers |
Kusum Industrial Gas IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Address:-1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400059 Tel No.:+91-022-62638200 Fax No.: +91-022-62638299 Website:www.bigshareonline.com Email:ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com |
Kusum Industrial Gas IPO – Other Details
- Statutory Auditor – NA
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Kusum Industrial Gas IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Subscribe to Kusum Industrial Gas IPO
Kusum Industrial Gas Limited IPO News
News 1 – Kusum Industrial Gas Limited IPO DRHP Download
News 2 – Kusum Industrial Gas IPO RHP Download
Kusum Industrial Gas IPO Review FAQs
Ques – What is the Issue Size of Kusum Industrial Gas IPO?
Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
Ques – What is the Price band of Kusum Industrial Gas IPO?
Answer – The price band for this particular IPO, i.e. Kusum Industrial Gas IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Kusum Industrial Gas IPO Open Date?
Answer – The opening and closing dates for Kusum Industrial Gas IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Kusum Industrial Gas IPO Allotment Date?
Answer – We also have the news regarding the respective allotment dates of Kusum Industrial Gas IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Kusum Industrial Gas IPO Listing Date?
Answer – Shares of Kusum Industrial Gas shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Kusum Industrial Gas IPO?
Answer – One of the reputed registrars is managing the issue of Kusum Industrial Gas IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Kusum Industrial Gas IPO?
Answer – Here are the promoters of Kusum Industrial Gas – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is GMP of Kusum Industrial Gas IPO?
Answer – We have obtained the GMP of Kusum Industrial Gas IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Kusum Industrial Gas IPO good for Investment?
Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Kusum Industrial Gas Company?
Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Million is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Market Guide
Featured Topics