| Name | Kurlon Enterprise Limited Unlisted Shares |
|---|---|
| Sector | Furnishing & Home Decor |
| Security Type | Pre-IPO/Unlisted Equity Shares |
| Face Value | ₹ 5 |
| ISIN Code | INE387W01025 |
| Available in Depository | CDSL & NSDL |
| Kurlon Enterprise Unlisted Share Price | ₹ 535 Per Equity Share |
| Lot Size | 50 Shares |
| Minimum Investment | ₹ 30,000-35,000 |
| All Time High | ₹ 925 |
| All Time Low | ₹ 440 |
| Highlights | - One of the leading Indian mattress brand - Comprises of large dealer network |
| PAN | AABCK2150K |
The company manufactures mattresses in 126 different configurations. Pan-India, Kurlon Enterprise have partnered with a network comprising more than 10000 dealers, 72 branch and stock points, and 9 strategically located manufacturing facilities across Karnataka, Orissa, Madhya Pradesh, Uttaranchal, and Gujarat. With state-of-the-art technology, these factors continue to improve the standards in the mattress industry and serve the growing Indian population.
Established in 1962, Kurlon Enterprise is an innovator of Rubberized Coir mattress in India and also one of the oldest mattress company in India which offers a wide range of home comfort solutions ranging from mattresses (RC mattress, spring mattress & foam mattress), polyurethane foam, home furniture & furnishing products under the brand name “Kurl-on” for retail as well as institutional customers such as Hotels, Hospitals and Hostels who prefer premium and high quality branded mattresses with flame retardant, anti-bacterial fabrics.
Currently Kurlon Enterprise exports its products to Asian countries like Sri Lanka and Nepal. In the past few years, kurlon Enterprise has won the Coir Board of India’s awards for Outstanding Performance in Export of Rubberized Coir Products, the Development of the Domestic Market for Rubberized Coir and the award for being consistently the country’s largest manufacturer.
Kurlon Limited is the holding company, which promoted a subsidiary company in the name and style of Kurlon Enterprise Ltd. (KEL) in the year 2011. Consequent upon the Business Transfer Agreement between KL and its subsidiary, the business of Rubberized Coir, Latex Foam, Polyurethane Foam, Pillows, Spring Mattresses, Furniture, Furnishing, and related products were transferred to the subsidiary company effective 1st April, 2014. Headquartered in Bengaluru, Kurlon Enterprise is now the operating company. Both the Companies are closely held, unlisted public Ltd Company.
Accredited with latest technology and groundbreaking innovations, Kurlon Enterprise Limited now manufacture products in 135 different configurations, Pan-India and having a retail reach out of more than 10000 counters, 72 distribution centre and 12 strategically located manufacturing facilities across Karnataka, Orissa, Madhya Pradesh, Uttaranchal, and Gujarat that anticipate and change with the customers’ evolving needs and provide them with absolute comfort, convenience, good health and growth.
Kurlon Enterprise Manufacturing Plant -Jhagadia
Source – Annual Report 2020-21
Kurlon Enterprise Products
Source – Annual Report 2020-21
Kurlon Enterprise Consolidated Financial Snapshot (FY 2020-21)
Source – Annual Report 2020-21
| Particulars | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|
| Revenues | 79,260.49 | 99,556.52 | 1,06,387.63 |
| Total Expenses | 71,868.21 | 90,244.66 | 94,892.38 |
| Profit before tax | 7,392.28 | 9,311.87 | 11,495.24 |
| Profit for the year | 2,348.18 | 7,524.53 | 6,604.94 |
| EPS (In INR) | 8.33 | 20.78 | 18.50 |
The trend indicator above has been derived from the current demand/supply of Kurlon Enterprise Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares: 36,552,261 (As per annual report FY 2020-21)
Market Cap Scenarios:
At 400 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 1,462 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
At 500 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 1,827 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
At 600 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 2,193 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
At 700 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 2,558 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
At 800 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 2,924 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
At 900 Rs/Share, Kurlon Enterprise Unlisted Shares values the company at approx. Rs. 3,290 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kurlon Enterprise unlisted shares.
Source: Annual Report FY 2020-21
| Name | Listing Status |
|---|---|
| Sheela Foams | Listed |
Kurlon Enterprise Dividend:
No information found for Kurlon Enterprise Rights Issue
No information found for Kurlon Enterprise shares Buyback
No information found for Kurlon Enterprise shares Split
Kurlon Enterprise Bonus Issue:
Process of Buying Kurlon Enterprise Unlisted Shares
Get connected with us and inquire for the Kurlon Enterprise Unlisted Shares
We will quote the current prevailing market rates of the Kurlon Enterprise Unlisted Shares (Subject to availability)
If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
Post receiving funds and demat details, we initiate transfer of Kurlon Enterprise unlisted shares. The shares usually gets transferred on same/next working day in your demat account
For detailed buying process, refer here
The minimum lot size for investing in Kurlon Enterprise Unlisted Shares is 50 Shares
The Lock-in period for Kurlon Enterprise Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment
As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares
Yes, buying Kurlon Enterprise Unlisted Shares is completely legal
You can regularly check the updated price of Kurlon Enterprise Unlisted Shares at our Website and on our Telegram Channel
The IPO of Kurlon Enterprise may be expected in long term
At Unlisted Arena, you can buy Kurlon Enterprise Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares
You can sell Kurlon Enterprise Unlisted Shares:
Before IPO: You can sell Kurlon Enterprise Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.
After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares
There are two methods to transfer Kurlon Enterprise Unlisted Shares
Method 1 – Offline Transfer
In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided
Method 2 – Online Transfer
One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it
Yes, Kurlon Enterprise Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares
Once the process is complete, Kurlon Enterprise Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.
You can also check your holdings in the following:
If you have CDSL Demat Account – CDSL Myeasi app
If you have NSDL Demat Account – NSDL Speed-E
Many investors do ask ‘How to buy Kurlon Enterprise Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Kurlon Enterprise Unlisted Shares in any demat account with any broking company
When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day
Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate
Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation
Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%
For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of Kurlon Enterprise Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share
You can easily check latest developments, news related to Kurlon Enterprise Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happenings
Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here
Kurlon Enterprise is a Pre IPO company
Yes, NRIs can also buy and sell Kurlon Enterprise Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion
At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges
One can buy Kurlon Enterprise Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares
Unlisted Arena sources Kurlon Enterprise Unlisted Shares from existing investors looking to liquidate their investment
Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions
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