K2 Infragen Limited IPO
K2 Infragen Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹111–₹119 per share. The stock debuted at ₹167, delivering a listing gain of 40.3%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,42,800.
K2 Infragen Limited IPO
- IPO Dates
- Mar 28, 2024 – Apr 3, 2024
- Price band
- ₹111-119 per equity share
- Minimum Investment
- ₹1,42,800
- Issue size
- ₹40.54 Cr
- Lot size
- 1200
- Allotment Date
- Apr 4, 2024
- Listing
- Apr 8, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 28, 2024
Open Date
Completed
-
Apr 3, 2024
Close Date
Completed
-
Apr 4, 2024
Allotment Date
Completed
-
Apr 8, 2024
Listing Date
Completed
K2 Infragen Limited IPO Essentials
K2 Infragen Limited IPO Details
K2 Infragen Limited IPO is priced at ₹111-119 per share with a total issue size of 40.54 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹111-119 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,406,800 shares(aggregating up to ₹40.54 Cr)
- Total issue size
- 34,06,800 shares
(aggregating up to ₹40.54 crore) - Fresh issue
- 34,06,800 shares
(aggregating up to ₹40.54 crore) - Listing at
- NSE SME
- List price
- 167.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Expert Global Consultants Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following 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 | 1200 | ₹1,42,800 |
| Retail(max) | 1 | 1200 | ₹1,42,800 |
| NII (min) | 2 | 2400 | ₹2,85,600 |
K2 Infragen Limited IPO Reservation
K2 Infragen Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,406,800 shares, approximately 18.53% are reserved for QIB, 13.91% for NII, 32.44% for retail investors, 7.33% for market maker, and 27.79% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 946,800 (27.79%) | |
| Market Maker Shares Offered | 249,600 (7.33%) | |
| QIB Shares Offered | 631,200 (18.53%) | |
| NII (HNI) Shares Offered | 474,000 (13.91%) | |
| Retail Shares Offered | 1,105,200 (32.44%) | |
| Total Shares Offered | 3,406,800 (100%) |
K2 Infragen Limited IPO Analytics
K2 Infragen Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
K2 Infragen Limited IPO Subscription Status
K2 Infragen Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 631,200 / 474,000 | 1,105,200 | 2,210,400 |
|
Day 1
28-03-24 06:00 PM
|
(0.86 / 0.74) x | 0.90 x | 0.85 x |
|
Day 2
01-04-24 06:00 PM
|
(0.86 / 0.65) x | 2.25 x | 1.51 x |
|
Day 3
02-04-24 06:00 PM
|
(0.86 / 3.77) x | 6.97 x | 4.54 x |
|
Day 4
03-04-24 06:00 PM
|
(23.37 / 113.74) x | 38.91 x | 50.52 x |
K2 Infragen Limited Valuations
Earnings
- EPS Pre IPO
- ₹12.29/-
- EPS Post IPO
- ₹9.63/-
- P/E Pre IPO
- 9.68
- P/E Post IPO
- 12.36
Returns
- ROE
- 23.96%
- ROCE
- 19.91%
- RoNW
- 23.9%
- PAT Margin
- 10.23
Fundamentals
- Debt / Equity
- 0.87
- Price / Book
- 4.32
K2 Infragen Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 5,690.40 | 2,591.14 | 2,220.52 |
| Revenue | 7,490.08 | 3,685.20 | 3,568.05 |
| Profit After Tax | 1,132.32 | -311.26 | 22.49 |
K2 Infragen Limited Company & Offer Insights
About K2 Infragen Limited
K2 Infragen Limited was incorporated in 2015 and is an EPC company. Earlier, it was known as K2 Powergen Private Limited.
The company has two divisions:
1. Engineering, Procurement and Construction (EPC): This includes:
Contract business: planning and construction of the project, procurement of key materials, and project execution on the construction sites with overall project management through to commissioning of the projects. This includes water supply projects, railroad projects, road construction projects, and civil construction work.
Services business: EPC services business forms the basis of structuring and scheduling of projects, human planning, and logistics in order to achieve timely project completion. The construction services of this company form engineering, procurement, and construction services for building to order/build and operate leasing services. These involve construction services in planning work, surveying, project management, and quality supervision on projects of buildings, boundary walls, transmission lines, water projects, etc.
2. Business of trading: There is purchasing of materials such as non-ferrous metals from an open market at auction procedures.
By the date of March 22, 2024, the company comprised a total workforce of 61 employees.
K2 Infragen Limited Promoter(s)
Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal, Mr. Sarvajeet Singh are the company's promoters of K2 Infragen Limited.
K2 Infragen Limited IPO Issue Objectives
- •
- Working capital requirement
- •
- Capital Expenditure
- •
- General corporate purposes.
K2 Infragen Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| K2 Infragen Limited | 18.04 | 15.4 | 62.04 | N/A | 81.32 | 1.92 | Standalone |
| Markolines Pavement Technologies Ltd | 8.24 | 8.24 | 44.91 | 12.68 | 18.35 | N/A | Consolidated |
| W S Industries (India) Ltd | 4.45 | 3.99 | 15.54 | 8.16 | 30.24 | N/A | Consolidated |
| Udayshivakumar Infra Ltd | 4.37 | 4.37 | 25.52 | N/A | 11.11 | N/A | Consolidated |
| Advait Infratech Ltd | 15.59 | 15.59 | 50.01 | 17.91 | 19.6 | N/A | Consolidated |
Notes:
- The P/E Ratio for peer companies has been computed based on the closing market price of respective equity shares as of March 31, 2023, sourced from the Stock Exchange, divided by the Basic/Diluted EPS as applicable.
Contact Information
Contact Details
K2 Infragen Limited
+91 124 4896700
801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram – 122 018
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
K2 Infragen Limited IPO is a book-built IPO worth ₹40.54 crore. The price band is ₹111–₹119 per share. The IPO opens on Mar 28, 2024 and closes on Apr 3, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of K2 Infragen Limited IPO is ₹111 to ₹119 per share.
The lot size of K2 Infragen Limited IPO is 1200 shares.
The minimum investment for K2 Infragen Limited IPO is approximately ₹1,42,800 based on the upper price band .
K2 Infragen Limited IPO opens on Mar 28, 2024 and closes on Apr 3, 2024.
The allotment date of K2 Infragen Limited IPO is Apr 4, 2024.
K2 Infragen Limited IPO is expected to be listed on Apr 8, 2024, on NSE SME Platform.
K2 Infragen Limited IPO valuation snapshot: P/E 12.36, EPS ₹9.63/-, P/B 4.32, RoNW 23.9%, and market cap N/A.
To apply for K2 Infragen Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of K2 Infragen Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for K2 Infragen Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check K2 Infragen Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the K2 Infragen Limited IPO allotment status on IPO Ji for quick and easy access.