K2 Infragen Limited IPO
NSE SMEListed On: Apr 8, 2024 at ₹ 167.0
₹ 142800 /1200 Shares
Check Allotment28 Mar, 2024
Open Date03 Apr, 2024
Close Date04 Apr, 2024
Allotment Date08 Apr, 2024
Listing DateIssue Price
₹111-119 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
167.0Listing Date
2024-04-08Market Lot
1200 Shares (₹142,800/-)Lead Manager
Expert Global Consultants Private LimitedIssue Size
3,406,800 shares(aggregating up to ₹40.54 Cr)Retail Portion
35%Subscription
50.52 times
The IPO of K2 Infragen Limited is priced at ₹111-119 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.
K2 Infragen Limited IPO bid opening date is from Mar 28, 2024 and the bid closing date was Apr 3, 2024.
K2 Infragen Limited IPO allotment result will be available on Apr 4, 2024. The tentative listing date for K2 Infragen Limited is Apr 8, 2024.
The total issue size is 3,406,800 shares(aggregating up to ₹40.54 Cr).
K2 Infragen Limited IPO Subscription Details
| 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
EPS Pre IPO
₹12.29/-EPS Post IPO
₹9.63/-P/E Pre IPO
9.68P/E Post IPO
12.36ROE
23.96%ROCE
19.91%Debt/Equity
0.87RoNW
23.9%PAT Margin
10.23Price to Book Value
4.32K2 Infragen Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 55.29%
Post Issue Share Holding: 40.36%
- Mr. Pankaj Sharma
- Ms. Priya Sharma
- Mr. Rajesh Tiwari
- Mr. Rajiv Khandelwal
- Mr. Sarvajeet Singh
K2 Infragen Limited IPO - Issue Objectives
- Working capital requirement
- Capital Expenditure
- General corporate purposes.
Other Details
K2 Infragen Limited
801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram – 122 018Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: k2infragen.ipo@kfintech.com
K2 Infragen Limited IPO - FAQs
Ans. K2 Infragen Limited IPO is a SME IPO. The issue is priced at ₹111-119 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 28, 2024, and closes on Apr 3, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The K2 Infragen Limited IPO opens on Mar 28, 2024 and closes on Apr 3, 2024.
Ans. The size of K2 Infragen Limited IPO is 3,406,800 shares(aggregating up to ₹40.54 Cr).
Ans. The IPO price band is set between ₹111-119 per equity share.
Ans. To apply for K2 Infragen Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find K2 Infragen Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of K2 Infragen Limited IPO is Apr 4, 2024.
Ans. The K2 Infragen Limited IPO will be listed on Apr 8, 2024.
Ans. Follow the steps to check the allotment status for K2 Infragen Limited IPO here.
