KP Green Engineering Limited IPO
- IPO Date15 Mar, 2024 to 19 Mar, 2024
- Listing Date22 Mar, 2024
- Face Value₹5 per share
- Issue Price₹137 to ₹144 per share
- Lot Size1000 Shares
- Minimum Investment₹1,44,000
- Listing AtBSE SME
- Total Issue Size1,31,60,000 Shares
(aggregating up to ₹189.50 Cr) - Fresh Issue1,31,60,000 Shares
(aggregating up to ₹189.50 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue3,68,40,000
- Shareholding post issue5,00,00,000
IPO Dates
Closing Date
19 Mar, 2024
Initiation of Refunds
21 Mar, 2024
Listing Date
22 Mar, 2024
15 Mar, 2024
Opening Date
20 Mar, 2024
Basis of Allotment
21 Mar, 2024
Credit of Shares
KP Green Engineering Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,44,000 |
| HNI (Min) | 2 | 2000 | ₹2,88,000 |
| Retail (Max) | 1 | 1000 | ₹1,44,000 |
KP Green Engineering Limited Promoter Holding
The promoters of the company are Dr. Farukbhai Gulambhai Patel and Mr. Hassan Faruk Patel.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 90.37% | 66.59% |
KP Green Engineering Limited COMPANY INFORMATION
KP Green Engineering IPO is a book built issue of Rs 189.50 crores. The issue is entirely a fresh issue of 131.6 lakh shares. KP Green Engineering IPO bidding started from March 15, 2024 and ended on March 19, 2024. The allotment for KP Green Engineering IPO was finalized on Wednesday, March 20, 2024. The shares got listed on BSE SME on March 22, 2024. KP Green Engineering IPO price band is set at ₹137 to ₹144 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹288,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the KP Green Engineering IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for KP Green Engineering IPO is Spread X Securities. Refer to KP Green Engineering IPO RHP for detailed information.
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.
As of September 30, 2023, the company has a total of 81 employees at its manufacturing facility and head office.
FAQs About Kp Green Engineering Limited Ipo
KP Green Engineering Limited IPO will open on 15 Mar, 2024 and close on 19 Mar, 2024. Investors must apply within this period to participate.
The KP Green Engineering Limited IPO price band is set between ₹137.00 and ₹144.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹144000.00.
The KP Green Engineering Limited IPO shares are expected to be listed on 22 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your KP Green Engineering Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The KP Green Engineering Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.