Kurlon Ent
₹525
(0)
(0.00%)
1M
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... The company has evolved and now manufactures mattresses in 126 different configurations. Pan-India, they 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.
Kurlon Enterprise's Unlisted Share Price are updated on our website on a daily basis, to stay updated with the share price you can visit our website every two days or register with us to get daily updates on WhatsApp.
Unlisted Shares Articles
Frequently Asked Questions
1. Is trading in Kurlon Ent's unlisted shares legal in India?
Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like unlistedxchange.in.
2. Is unlisted shares regulated by SEBI?
No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.
3. Where can I get the best Kurlon Ent unlisted share price?
You will get the best price for Kurlon Ent and a hassle-free buying experience only on unlistedxchange.in platform.
4. How can I buy Kurlon Ent's unlisted shares?
Kurlon Ent's unlisted shares can be easily purchased at unlistedxchange.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 of Kurlon Ent 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 unlistedxchange.in representative will share the account details so that you can transfer the trade amount into the account.
Step 4 - The shares of Kurlon Ent 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.
5. How can I sell Kurlon Ent unlisted shares?
Kurlon Ent's unlisted shares can be easily sold at unlistedxchange.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 of Kurlon Ent and at what price you want to sell.
Step 2- At unlistedxchange, 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 unlistedxchange representative will provide you with the Demat account details to transfer your Kurlon Ent 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.
6. What is the minimum ticket size for investment in Kurlon Ent unlisted shares
Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for Kurlon Ent is between 30K to 50K.
7. How to check if Kurlon Ent shares are credited to my account?
Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.
If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).
- You need to download the Application.
- Login or Register yourself.
- Fill in your DP Id and Client Id (NSDL DP Id starts with IN and CDSL DP & Client Id in numeric).
- After registration, log on to your account and go to Dashboard.
- You can see all your holding (Listed, Unlisted, Mutual Fund) there.
8. What will be the tax bearing on Kurlon Ent?
The taxation on the Kurlon Ent 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.
9. What is the lock-in period of Kurlon Ent shares?
According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of Kurlon Ent varies depending on which type of investor you are:
- Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of Kurlon Ent shares.
- Alternative Investment Funds II - These investors don't have to serve any lock-in period.
- Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of Kurlon Ent enlisted shares.
10. How to check Kurlon Ent unlisted share price daily?
You can check daily share prices of companies on our website or register with us using your phone number where you will get daily whatsapp updates on company news and other essential informations.
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