IPO Deliver

IPO Deliver

K P Green Engineering IPO

K P Green Engineering IPO Dates, Price Band, Rating, Analysis, and Allotment Details 2024

by

K P Green Engineering IPO

The initial public offering (IPO) of K P Green Engineering will open for subscription on March 15 and close on March 19, comprising fresh issues of Rs.189.50 Crore An investor can apply for the issue for a minimum of 1000 shares and the listing will happen on March 22, 2024. 

#1. Quick Intro to K P Green Engineering   

K P Green Engineering Limited (2021) is engaged in the manufacturing of fabricated and hot-dip galvanised steel products. The company manufacturing facility is situated at Dabhasa Vadodara Gujarat spread area of 200000 sq. feet fully equipped with CNC machines and equipment. 

Products portfolio; Substance structures, solar module mounting structure, cable trays, earthing strips, etc. 

Following category of business; Fault rectification services, Job work for galvanised and Solar installation services 

Check out the IPO allotment status on IPO Deliver.

#2. IPO Object of K P Green Engineering   

The company intends to use the IPO Funds for the following purposes:

  1. Capital expenditure towards setting up a new manufacturing unit and expanding the current product portfolio. 
  2. General corporate purpose.

#3. K P Green Engineering Core Strengths 

  1. Experienced promoters and professional leadership team.
  2. Execution capability 
  3. Consistent financial performance 

#4. K P Green Engineering IPO Review & Rating

Issue Size  Rs.189.50 Crore
Issue Price  Rs.137 to Rs.144 per share 
Minimum Lot Size 1000 Shares
Total Profit (Sep 30, 2023)  Rs.1,126.64 lakhs
ROE (%) –
ROCE (%) –
Listing on BSE SME
IPO Deliver Rating Four

 

#5. K P Green Engineering IPO Dates, Price Band & Details

K P Green Engineering IPO will open on March 15, 2024, and close on March 19, 2024. The IPO is to be listed on March 22, 2024.  

Type of issue Book Built Issue IPO
Issue Size Rs.189.50Crore
Price Brand Rs.137 to 144 per share
Face Value Rs. 10/- per share
IPO Open Date March 15, 2024
IPO Close Date March 19, 2024
IPO Allotment Date March 20, 2024
Refund Date March 21, 2024
Share Credit Date March 21, 2024
Listing Date March 22, 2024

 

#6. K P Green Engineering IPO Offer Details

K P Green Engineering IPO’s total issue size is 1,31,60,000 shares, comprising the below-mentioned categories. 

Offer Category Shares Offer Amount (Crore)
Fresh Issue 1,31,60,000 189.50
Offer for Sale (OFS) – –

 

#7. K P Green Engineering Financials Overview (Lakhs)

The following table sets forth the summary of financial information of the company for the period September 30, 2023, March 31, 2023 and March 31, 2022.

Category (Rs.) Sep 30, 2023 March 31, 2023 March 31, 2022
Total Revenue 10,393.23 11,420.89 7,770.16
Net Worth 4,416.25 3,289.60 2,050.00
Profit 1,126.64 1,239.60 454.46
Total Borrowings 4,895.34 1,768.10 2,012.25

 

#8. K P Green Engineering Quantitative Factors 

The following table sets forth the summary of financial information of the company for the period September 30, 2023, March 31, 2023 and March 31, 2022. 

Category Sep 30, 2023 March 31, 2023 March 31, 2022
EPS (Rs.) 3.14 3.46 1.27
RoNW (%) 25.51 37.68 22.17
NAV (Rs.) 12.32 9.18 5.72

 

#9. K P Green Engineering Comparison with Other Peer Companies (Top 2)

Listed companies in India are comparable in all aspects of the business. 

Company Names Total Revenue

(Rs. in lakhs)

 RoNW (%) NAV (Rs.)
Salasar Techno Engg. Ltd.  1,00,005.66 10.23 12.67
Skipper Ltd. 1,98,030.00 4.26 74.80

 

#10. K P Green Engineering Company Promoters 

The company has two promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). 

Sr. No. Name of Promoters
01. Farukbhai Gulambhai Patel
02. Hassan Faruk Patel

 

#11. K P Green Engineering Pre-offer and Post-Offer Promoters Shareholding

Promoters Holding Percentage (%)
Pre-issue  90.37
Post-issue –

 

#12. K P Green Engineering IPO Reservation Details

K P Green Engineering IPO total reservation shares are distributed between the below-mentioned categories. 

Category Share Offered
Retail Shares Offered Not less than 35% of the Issue size
NII Shares Offered Not less than 15% of the Issue size
QIB Shares Offered Not more than 50% of the Issue size

 

#13. K P Green Engineering IPO – Lot Size

An investor can apply for a minimum of 1000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail (Min.) 1 1000 1,44,000
Retail (Max.) 1 1000 1,44,000
HNI (Min.) 2 2000 2,88,000

 

#14. K P Green Engineering IPO – Prospectus Copy

An investor can download/view the K P Green Engineering prospectus copy, which the company filed to exchange, details are as follows. 

K P Green Engineering IPO Prospectus
Draft Red Herring Prospectus (DRHP)
Red Herring Prospectus (RHP)

 

#15. K P Green Engineering IPO Registrar 

Bigshare Services Private Limited

Phone No.: +91-022-62638200

E-Mail: ipo@bigshareonline.com

Website: www.bigshareonline.com

#16. K P Green Engineering IPO Lead Managers

Beeline Capital Advisors Private Limited 

Phone No. +91-079 49185784

E-Mail: ipo@beelinemb.com

Website: www.beelinemb.com

#17. K P Green Engineering IPO Application (How to Apply for an IPO)

There are three primary options for applying for a K P Green Engineering IPO, details are as follows: 

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “K P Green Engineering Limited”

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment. 

Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively. 

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “K P Green Engineering Limited”

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you. 

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details. 

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you. 

#18. K P Green Engineering Company Details

K P Green Engineering Limited 

Registered Office: KP House, Near KP Circle, Opp. Ishwar Farm Junction, BRTS, Canal Road, Surat, Gujarat-395017

Email: compliance@kpgroup.co

Website: www.kpgroup.co

Investor Grievances/Compliance Officer: Saurabh Sharma

#19. K P Green Engineering Subsidiary Companies (Top 2)

Sr.No. Name of Companies (Indian)
01. –
02. –

 

#20. K P Green Engineering Company Board (Top 2)

Sr. No. Name of Directors
01. Farukbhai Gulambhai Patel
02. Hassan Faruk Patel

 

K P Green Engineering IPO – Frequently Asked Questions (FAQs)

#1. What is a K P Green Engineering IPO?

K P Green Engineering brings its IPO of Rs.189.50 crore, on March 15, 2024, with a price band of Rs.137 to Rs. 144 per share.

 

#2. What is the K P Green Engineering IPO Open date?

K P Green Engineering  IPO’s opening date is March 15, 2024.

 

#3. What is the K P Green Engineering IPO Close Date?

K P Green Engineering  IPO’s closing date is March 19, 2024.

 

#4. What is the K P Green Engineering IPO Listing date?

K P Green Engineering’s IPO listing date is March 22, 2024.

 

#5. What is the K P Green Engineering IPO Minimum investment amount?

K P Green Engineering IPO’s minimum investment amount is Rs. 1,44,000.

 

#6. What is the K P Green Engineering IPO offer issue Size?

K P Green Engineering offers an issue size of Rs.189.50 crore.

 

#7. What is the K P Green Engineering IPO Price Band?

K P Green Engineering’s IPO price band is Rs.137 to 144 per share.

 

#8. Is K P Green Engineering IPO mainboard IPO or SME IPO?

K P Green Engineering IPO is an SME IPO.

 

110 thoughts on “K P Green Engineering IPO Dates, Price Band, Rating, Analysis, and Allotment Details 2024”

  1. Pingback: K P Green Engineering IPO Allotment Status 2024 » IPO Deliver

  8. Hey there! I know this is somewhat off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

    Reply

  9. Thanks a lot for giving everyone remarkably wonderful chance to discover important secrets from this website. It is always very lovely and full of fun for me and my office acquaintances to search the blog really three times a week to find out the newest stuff you will have. And of course, I am just at all times fulfilled for the awesome creative concepts you give. Selected 1 tips in this posting are indeed the finest we have all ever had.

    Reply

  12. Thanks for another informative website. Where else could I get that type of information written in such a perfect way? I’ve a project that I’m just now working on, and I have been on the look out for such info.

    Reply

  16. After I initially commented I clicked the -Notify me when new feedback are added- checkbox and now every time a comment is added I get 4 emails with the identical comment. Is there any means you can take away me from that service? Thanks!

    Reply

  17. I am no longer certain where you are getting your info, however good topic. I must spend a while studying more or working out more. Thank you for magnificent information I was searching for this info for my mission.

    Reply

  18. hey there and thank you for your info – I have definitely picked up anything new from right here. I did on the other hand experience some technical points using this website, since I skilled to reload the site lots of instances prior to I could get it to load correctly. I have been pondering in case your hosting is OK? Now not that I am complaining, but sluggish loading circumstances instances will sometimes have an effect on your placement in google and could harm your high quality rating if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I’m adding this RSS to my email and can look out for a lot more of your respective exciting content. Ensure that you update this once more soon..

    Reply

  19. I think this is one of the most significant information for me. And i’m glad reading your article. But wanna remark on some general things, The web site style is ideal, the articles is really nice : D. Good job, cheers

    Reply

  20. What i do not realize is if truth be told how you are not actually a lot more well-favored than you might be now. You’re so intelligent. You realize therefore considerably in the case of this subject, made me in my opinion believe it from so many numerous angles. Its like women and men are not involved unless it’s something to accomplish with Lady gaga! Your own stuffs nice. Always maintain it up!

    Reply

  25. Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    Reply

Leave a Comment

IPO Deliver is a platform to deliver the detailed information to the investors about the upcoming and current Initial Public Offering (IPO) and related things.

"If you don't find a way to make money while you sleep, you will work until you die."

Warren Buffett

Useful Links

BSE

NSE

Globe Capital Maket Ltd.

Business Registration

Privacy Policy                                  

Terms & Condition                          

About Us                                                

Contact Us                                       

Disclaimer: Stock Market investments are subject to market risks, read all scheme related documents carefully before investing. All the information provided on our website is for education/knowledge purpose only. We do not claim any facts, and figure mentioned here. We advise investors to check with certified experts before making any investment decisions.