(i) Kurl-on Limited(KL), is the holding company, which promoted a subsidiary company in the name and style of Kurl-on Enterprise Ltd(KEL). As on 31.03.2019, the Kurl-On Limited holds 85.06% shares in Kurl-On Enterprise.
(ii) In the year 2011, consequent upon the Business Transfer Agreement between Kurl-on Limited and Kurl-On Enterprise, the business of Rubberized Coir, Latex Foam, Polyurethane Foam, Pillows, Spring Mattresses, Furniture, Furnishing, sofa, and entire home comforts and related products were transferred to the subsidiary company( KEL) effective 1st April 2014.
This means the main business of the mattress is with Kurl-ON Enterprise now.
(iii) Headquartered in Bengaluru, KEL is now the operating company. Both the companies are closely held, an unlisted public Ltd.
(iv) Kurl-On Enterprise has one wholly-owned subsidiary i.e. Kurl-on Retail. Kurlon Retail Limited was incorporated under the name and style of Kurlon Mattress Private Limited on 31.08.2012. The Company commenced its commercial operation during 2012. The name of the Company was changed to Kurlon Retail Pvt Ltd on 01.02.2018 and subsequently to Kurlon Retail Ltd wef 16.05.2018.
The main object of the Kurl-On Retail company is to carry on the business of buying, selling, importing, exporting, transporting storing, promoting, marketing supplying, trading and dealing in all type of goods including mattresses, pillow, sofa, and furniture on retail as well as whole sell basis in India or elsewhere.
|Total Available Shares:||500|
|Face Value:||₹ 5 Per Equity Share|
|Lot Size:||25 Shares|
|Current Unlisted Share Price:||₹ 650 Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
|Kurl-On Enterprise (Consolidated) Fig. in Crores|
|Year||Revenue||EBITDA||PAT||Share Capital||FV||No. of Shares||EPS|
|Name of the Company||Revenue (Cr)||PAT (Cr)||EPS||P/E|
Please find below the procedure for buying KURLON Enterprise Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling KURLON Enterprise Limited Unlisted Shares at UnlistedZone.
Lock-in period of KURLON Enterprise Limited Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the KURLON Enterprise Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy KURLON Enterprise Limited Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy KURLON Enterprise Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
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The KURLON Enterprise Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
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If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
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We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their KURLON Enterprise Limited Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their KURLON Enterprise Limited Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about KURLON Enterprise Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.