Market & News

graph-market IPO

KP Green Engineering Ltd

Registered Office: KP House Near Bliss IVF Circle,Canal Road Bhatar, Surat - 395017, Gujarat, India.
Phone : 0261 2244 757   Fax:
Email :  compliance@kpgroup.co  
Website :  www.kpgreenengineering.com

Initial public issue of 13160000 equity shares of face value of Rs. 5/- each of KP Green Engineering Limited ("KPGEL" or the "Company" or the "Issuer") for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share (the "Issue Price") aggregating to Rs. 189.50 crores ("The Issue"), of which 658000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share aggregating to Rs. 9.48 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12502000 equity shares of face value of Rs. 5/- each at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share aggregating to Rs. 180.02 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.32% and 25.00 %, respectively, of the post issue paid up equity share capital of the company. Issue Price Rs. 144 per equity share of face value Rs. 5 each. The issue price is 28.80 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-24 19-Mar-24 144.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 174.30 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 189.50  
Post Issue Equity Share Capital 25.00  
Issue Price 144.00  

Projects

  • Part finance the capital expenditure towards setting up of a new mfg unit to expand its current production capabilities as well as expanding its current product portfolio
  • General corporate purposes

Promoted By

Farukbhai Gulambhai Patel

Hassan Faruk Patel

Listing At

BSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh