Kontor Space Limited

Company Name	Kontor Space Limited
Open Date	27-09-2023
Close Date	29-09-2023
Exchange	NSE SME
Lot Size	1,200 Shares
Issue Price	₹93 per share
Issue Size	16,80,000 Equity Shares
Application Amount	₹ 1,11,600
Recommendation	Avoid

Kontor Space Limited was originally incorporated in the year 2018 and has its registered office in Maharashtra. The Company provide “space-as-a-service” by renting and managing commercial spaces. The company is operating the Co-working space from 4 locations. As of 31st March 2023, the Company has 9 Employees on its payroll.

(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-21	Mar-22	Mar-23
Total Assets	535.84	580.83	1,295.31
Net Assets	44.87	75.31	464.67
Total Borrowings	203.75	210.31	552.7
Total Revenue	390.24	403.76	917.84
Profit After Tax	-61.76	30.43	187.89

Tentative Timeline

Opening Date	27-09-2023
Closing Date	29-09-2023
Basis of Allotment	05-10-2023
Initiation of Refunds	06-10-2023
Credit of Shares to Demat	09-10-2023
Listing Date	10-10-2023

Objects of the Issue

Capital Expenditure for fit outs of new coworking centers.

Payments of rental deposits of new co-working centers.

General Corporate Purpose.

Contact Information

Registered Office	Kontor Space Limited Office No. A1 & B1, 9th Floor, Ashar IT Park Road No. 16 Z, Wagle Industrial Estate, Thane West - 400604
Phone	+91 022- 62790001
Email	info@kontorspace.in
Website	https://kontorspace.in/index.php

Offer Documents

Kontor Space Limited DRHP

Kontor Space Limited RHP

Registrar Details

Name	Cameo Corporate Services Limited
Phone	+91-44-28460390
Email	investor@cameoindia.com
Website	https://ipo.cameoindia.com/

IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters)	98.20%
Share Holding Post Issue (Promoters)	71.50%