Kurlon Enterprise
(Kurlon Unlisted Shares)
Buy Price
Rs. 680 / Share
Kurlon Enterprise Unlisted Shares
Kurlon Enterprise
(Kurlon Enterprise Unlisted Shares)
Buy Price
Rs. 680 / Share
*Kindly Call/WhatsApp us to get the latest price for Kurlon Enterprise as on
27 July, 2024
70218 30639
*Kindly Call/WhatsApp us to buy or get the latest price for Kurlon Unlisted Share as on
27 July, 2024
DRHP STATUS : NOT FILED
Industry: Household & Personal Products
Inc. Year: 2014
Company Overview
Kurl-on Limited is the holding company of Kurlon Enterprise. Kurl-on Limited holds 85.06% shares in Kurlon Enterprise. Kurl-on’s journey is a fine lesson of entrepreneurship. During a visit to Germany, Mr. Ramesh Pai discovered that high-end motor car seats were made of rubberized coconut-coir fibre manufactured from Sri Lankan base material.
Mr. Pai knew that India was one of the largest producer of coconut in the world and so, Mr. Pai discovered there was a new business to be pioneered. Charged with this thought, he returned home to start his journey of discovering how best he could take advantage of the coir husk produced by India. Mr. Pai found that coconut coir was being used only by the cottage industry to manufacture retted fabric, from here Mr. Pai's idea took shape and became Karnataka Consumer Products Limited which was further known as Kurl-on. Mr. Pai brought in Austrian technology to extract fibre from the husk and curl it into ropes. Rather than restricting himself to mattresses he also developed an ancillary range of products such as cushions and mats. In 2004, it ventured beyond providing just a better sleep experience and extended its product range into the home comfort segment.
And Today, he company has evolved and now manufactures mattresses in 126 different configurations. Pan-India, they have partnered with a network comprising more than 10,000 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.
Company Financial Details
ISIN:
INE387W01025
Market Cap:
2,376 Cr.
Face Value:
Rs. 5
EPS:
-1.53
P/B:
5.1
No. of Shares:
3.66 Cr.
ISIN:
INE387W01025
Market Cap:
2,376 Cr.
Face Value:
Rs. 5
EPS:
-1.53
P/B:
5.1
No. of Shares:
3.66 Cr.
Call us / WhatsApp
70218 30639
FAQ
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- Client Master List (CML) copy.
- Cancelled Cheque Copy.
1-3 Working Days. At Star Investors, our upmost priority is to deliver the shares in client’s Demat Ac at earliest.
Yes, Six months lock-in period after listing of shares.
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Unlisted Shares can be easily purchased at www.starinvestors.in by following a few easy steps. Given below are the steps involved in the buying of these shares:
Step 1 – Confirmation on the number of shares you want to purchase at a trading price.
Step 2 – Submission of the necessary document like your Client Master Report. Certain additional documents will also be asked for by our representative if required such as a cancelled cheque and your PAN Card if you are paying from a secondary bank account which is not mentioned in your CMR.
Step 3 – The Star Investors representative will share the account details so that you can transfer the trade amount into the account.
Step 4 – The shares will reflect in your Demat account within 24 hours as soon as the payment is received and depending on the holidays. Our details would be available to you before the transfer.
Unlisted Shares can be easily sold at www.starinvestors.in by following a few easy steps. Given below are the steps involved in the of selling of these shares:
Step 1- Confirmation on the number of shares you want to sell and at what price you want to sell.
Step 2- At Star Investors, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.
Step 3- The Star Investors representative will provide you with the Demat account details to transfer your shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.
Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.
The taxation on the shares may vary depending on 2 Factors:
- Short-term capital or long-term capital.
- Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)
Short-term capital
Unlisted shares – In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor’s income tax slab.
Listed Shares – In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 15%
Long-term capital
Unlisted shares – The taxation for long-term capital gain i.e. more than 24 months is taxable at 20% with indexation benefits.
Listed Shares – The taxation for long-term capital gains i.e. more than 12 months is at 10% after an exemption of 1 lakh. There are no indexation benefits in listed shares.