Kannur International Airport Limited Unlisted Shares | Latest Share Price & Updates

Buy

₹ 100

Sell

₹ 115

Fairly Valued

Company Overview

Kannur International Airport (KIAL) was commissioned on 9 December 2018 with full-fledged facilities of International standards. Operation started with an international flight to & fro from Kannur to Abu Dhabi operated by Air India Express. The company started generating operational revenue effective from 9/12/2018 (i.e., for 3 months & 23 days), which consists of Aero Revenue and Non Aero Revenue. Since KIAL is listed on regional stock exchange , the share price depends on the buyer seller in unlisted market.

Symbol:Kannur International Airport Ltd.
Face Value (₹):100
ISIN:INE02Y401013
Demat Status:NSDL & CDSL
Lot Size:100 Shares

Since the airport got commissioned, there has been a rise in the “Airport Operating Expenses”. On account of capitalization of assets, there is a rise in “Depreciation” and “Finance Cost”.

Board of Directors:

NameDesignation Profile
Pinarayi VijayanChairman(Hon’ble Chief Minister of Kerala)NA Final 1
M V Govindan Master Director  (Hon’ble Minister of Local Self Government, Rural Development & Excise)NA Final 1
A K SaseendranDirector  (Hon’ble Minister of Forest & Wildlife)NA Final 1
Dr. V P Joy IAS  Director (Chief Secretary, Government of Kerala)NA Final 1
Rajesh Kumar Singh IASDirector  (Additional Chief Secretary, Finance Department, Government of Kerala)NA Final 1
Dr. Venu V IAS Managing DirectorNA Final 1
Padmashri. M A YusuffaliDirectorNA Final 1
Dr. Shamsheer V P  Directorlinkedin
Abdul  Qadir TheruvathDirectorNA Final 1
Dr . M P Hassan KunhiDirectorNA Final 1
M. Madhavan NambiarIndependent DirectorNA Final 1
K. Parvathy AmmalIndependent DirectorNA Final 1

Key Highlights

  • Kannur Airport is visited by the growing number of passengers since opening and hugely popular among domestic and international tourists. 
  • Revenues of Kannur International Airport grew more than 3x in last three years.   
  • There is enough room to scale up the revenues by monetizing the spare land bank and opening duty free shops. 
  • Backed by strong promoters: Govt of Kerala
  • Shares of Kannur International Airport are currently attractively priced for growth investors.

Financial Highlights

CONSOLIDATED (Rs. In Crs.)20192018
Total Income15.010.42
EBITDA-25-7
PAT-46.96-9.8
PAT %-245%-283%
EPS-0.0428-0.0099

Financial Charts

Chart by Visualizer
Chart by Visualizer
Chart by Visualizer

Historical Chart

Shareholding Pattern

Chart by Visualizer

Peer Comparison

Media Updates

  • Due to Covid the Flight monvement has being disrupted
  • Crude Price are at rise
  • Due to lower demand the jet fule use is low as less flights are taking off domestic and internaitonal
  • Loans are take at Rates of 9.5 to 10.5 %

FY 2020 RESULT SHALL SHOW ACTUAL PERFORMANCE

Frequently Asked Questions

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the Kannur International Airport unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. 

When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

The Kannur International Airport shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Kannur International Airport Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Before IPO, there is no restriction on sale and transfer of your Kannur International Airport unlisted shares. 

But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.  

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell Kannur International Airport unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.

Leave Your Message

1