Support and Resistance Levels
Past performance
About Kundan Edifice Ltd Kundan Edifice Ltd, established in 2010 and converted to a public limited company in 2023, specializes in manufacturing, assembling, and selling LED strip lights. Serving as an Original Design Manufacturer (ODM), the company designs and manufactures LED products for various industries, including real estate, railways, and automobiles, which are then branded and distributed by clients. The company has expanded its product range, customer base, and technological capabilities since venturing into the LED lighting business in 2014 and furthering its operations under current promoter Divyansh Gupta in 2016.
Kundan Edifice operates two manufacturing and assembly facilities in Vasai and Bhiwandi, Maharashtra, which underpin its business operations. It has implemented backward integration in manufacturing processes to enhance supply chain control and margins. Recent expansions include new machinery installations in 2020 and a manufacturing unit in Bhiwandi in 2021. The company plans to issue up to 30,65,000 equity shares through a public offer, indicating growth ambitions.