KP Green Engineering Limited IPO is an BSE SME IPO. They are going to raise ₹189.50 Crores via IPO. The issue is priced at ₹137 to ₹144 per equity share. The IPO is to be listed on BSE.
KP Green Engineering Limited IPO opens for subscription on March 15, 2024, and closes on March 19, 2024. The allotment for the KP Green Engineering Limited IPO is expected to be finalized on March 20, 2024. KP Green Engineering Limited IPO will list on BSE SME with tentative listing date fixed as March 22, 2024.
| IPO Details | allotment |
| Minimum Investment ₹144,000 /1 Lot (1000 shares) | Price Range ₹137-₹144 | |
| Max Quantity 1 Lots/1000 Shares | Max Investment ₹144,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 189.50 Cr | Employee Discount ₹0 |
| Total Issue Size 13,160,000 Shares (aggregating up to ₹189.50 Cr) | Share Holding Pree Issue 36,840,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 13,160,000 Shares (aggregating up to ₹189.50 Cr) | Share Holding Post Issue 50,000,000 | Listing At BSE SME |
| Market Maker Portion 658,000 shares (Spread X Securities) | Face value ₹5 pr share. |
IPO Dates
| Offer Starts | 15 March 2024 |
| Offer Ends | 19 March 2024 |
| Allotment | 20 March 2024 |
| Refunds | 21 March 2024 |
| Credit of shares to Demat account | 21 March 2024 |
| IPO Listing | 22 March 2024 |
About KP Green Engineering Limited
Incorporated in July 2001, KP Green Engineering Limited is engaged in the manufacturing of fabricated and hot-dip galvanized steel products. The company’s product portfolio includes Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers.
The company offers end-to-end solutions by providing in-house fabrication and Hot Dip Galvanizing facilities for custom-made solutions.
The company’s manufacturing facility, located in Dabhasa, Vadodara, Gujarat, spans 200,000 sq. ft. and is fully equipped with CNC machinery and equipment.
The company is ISO 9001:2015 certified, indicating its ability to provide high-quality products and services, which directly affects its reputation, customer satisfaction, and long-term success.
| Founded in | Managing Director |
| 2001 | Mr. |
Share Holding
| Share Holding Pre-Issue | 90.37% |
| Share Holding Post-Issue | 65.59% |
KP Green Engineering Limited IPO Prospectus
| KP Green Engineering Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | Sep 2023 | Mar 2023 |
| Revenue | ₹10,413.64 | ₹11,478.50 |
| Assets | ₹13,635.62 | ₹9,506.65 |
| Profit | ₹1,126.64 | ₹1,239.43 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 720 Cr | ROE | 29.24% |
| P/E (X) | 42.8 | ROCE | 23.05% |
| POST P/E (X) | 31.95 | EPS | 3.36 |
| Debt to Equity | 1.11 | RONW | 25.51% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Part finance the capital expenditure towards setting up of a new manufacturing unit to expand its current production capabilities as well as expanding our current product portfolio.
- General Corporate Purposes
Brokerage Firm IPO Review
- To be updated soon
| KP Green Engineering Limited Contact Details | |
| Address | KP Green Engineering Limited ‘KP House’, Opp. Ishwar Farm Junction BRTS Near Bliss IVF Circle Canal Road, Bhatar Surat, Gujarat-395017, India |
| Phone: | 0261 2244 757 |
| compliance@kpgroup.com | |
| Website | www.kpgreenengineering.com |
| KP Green Engineering Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| KP Green Engineering Limited IPO Allotment Status Check |
| KP Green Engineering Limited IPO Allotment Status Check Click Here |
| KP Green Engineering Limited Lead Managers | |
| Beeline Capital Advisors Pvt Ltd B/1311-1314, Shilp Corporate Near Rajpath Club, Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy, Ahmedabad, Gujarat – 380054 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://beelinemb.com/ |
KP Green Engineering Limited IPO FAQs
What is KP Green Engineering Limited IPO?
- KP Green Engineering Limited IPO is an BSE SME IPO. They are going to raise ₹189.50 Crores via IPO. The issue is priced at ₹137 to ₹144 per equity share. The IPO is to be listed on BSE.
- The IPO opens on March 15, 2024, and closes on March 19, 2024.
When KP Green Engineering Limited IPO will open?
- The IPO is to open on March 15, 2024, for QIB is, NII, and Retail Investors. and closes on March 19, 2024
What is KP Green Engineering Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is KP Green Engineering Limited IPO Size?
- KP Green Engineering Limited IPO size is ₹189.50 crores.
What is KP Green Engineering Limited IPO Price Band?
- KP Green Engineering Limited IPO Price Band is ₹137 to ₹144 per equity share.
What is KP Green Engineering Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1000 Shares) with ₹144,000. and Maximum Lot Size 1 Lots (1000 Shares) with ₹144,000
What is KP Green Engineering Limited IPO Allotment Date?
- KP Green Engineering Limited IPO allotment date is March 20, 2024.
What is KP Green Engineering Limited IPO Listing Date?
- KP Green Engineering Limited IPO listing date is March 22, 2024. The IPO to list on BSE.