KP Green Engineering Limited IPO
KP Green Engineering Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹137–₹144 per share. The stock debuted at ₹200, delivering a listing gain of 38.9%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,44,000.
KP Green Engineering Limited IPO
- IPO Dates
- Mar 15, 2024 – Mar 19, 2024
- Price band
- ₹137-144 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹189.5 Cr
- Lot size
- 1000
- Allotment Date
- Mar 20, 2024
- Listing
- Mar 22, 2024
- Listing At
- BSE SME
IPO timeline
-
Mar 15, 2024
Open Date
Completed
-
Mar 19, 2024
Close Date
Completed
-
Mar 20, 2024
Allotment Date
Completed
-
Mar 22, 2024
Listing Date
Completed
KP Green Engineering Limited IPO Essentials
KP Green Engineering Limited IPO Details
KP Green Engineering Limited IPO is priced at ₹137-144 per share with a total issue size of 189.5 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹137-144 per equity share
- Lot size
- 1000 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- 13,160,000 shares(aggregating up to ₹189.50 Cr)
- Total issue size
- 1,31,60,000 shares
(aggregating up to ₹189.5 crore) - Fresh issue
- 1,31,60,000 shares
(aggregating up to ₹189.5 crore) - Listing at
- BSE SME
- List price
- 200.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 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 | 1000 | ₹1,44,000 |
| Retail(max) | 1 | 1000 | ₹1,44,000 |
| NII (min) | 2 | 2,000 | ₹2,88,000 |
KP Green Engineering Limited IPO Reservation
KP Green Engineering Limited IPO reservation details show category-wise allocation of shares. Out of the total 13,160,000 shares, approximately 19% are reserved for QIB, 14.26% for NII, 33.25% for retail investors, 5% for market maker, and 28.5% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3,750,000 (28.5%) | |
| Market Maker Shares Offered | 658,000 (5%) | |
| QIB Shares Offered | 2,500,000 (19%) | |
| NII (HNI) Shares Offered | 1,876,000 (14.26%) | |
| Retail Shares Offered | 4,376,000 (33.25%) | |
| Total Shares Offered | 13,160,000 (100%) |
KP Green Engineering Limited IPO Analytics
KP Green Engineering Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
KP Green Engineering Limited IPO Subscription Status
KP Green Engineering 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 | 2,500,000 / 1,876,000 | 4,376,000 | 8,752,000 |
|
Day 1
15-03-24 06:00 PM
|
(1.69 / 1.32) x | 1.96 x | 1.75 x |
|
Day 2
18-03-24 06:00 PM
|
(1.97 / 7.24) x | 8.15 x | 6.19 x |
|
Day 3
19-03-24 06:00 PM
|
(31.86 / 35.96) x | 20.12 x | 27.51 x |
KP Green Engineering Limited Valuations
Earnings
- EPS Pre IPO
- ₹3.36/-
- EPS Post IPO
- ₹4.51/-
- P/E Pre IPO
- 42.8
- P/E Post IPO
- 31.95
Returns
- ROE
- 29.24%
- ROCE
- 23.05%
- RoNW
- 25.51%
- PAT Margin
- 10.84
Fundamentals
- Debt / Equity
- 1.11
- Price / Book
- 11.69
KP Green Engineering Limited Financials( In Lakhs)
| 30-Sep-23 | 31-Mar-23 | |
|---|---|---|
| Assets | 13,635.62 | 9,506.65 |
| Revenue | 10,413.64 | 11,478.50 |
| Profit After Tax | 1,126.64 | 1,239.45 |
KP Green Engineering Limited Company & Offer Insights
About KP Green Engineering Limited
KP Green Engineering Limited was incorporated in July 2001, engaged in manufacturing fabricated and hot-dip galvanized steel products. It is offering the product portfolio which contains Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers.
It is providing the solutions end to end by furnishing in-house fabrication and Hot Dip Galvanizing facilities for customized solutions.
The company's manufacturing facility is in Dabhasa, Vadodara, Gujarat, with a total area of 200,000 sq. ft. and is fully equipped with CNC machinery and equipment.
The company is ISO 9001:2015 certified, meaning that it has the capability to offer high-quality products and services, which has a direct influence on 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.
KP Green Engineering Limited Promoter(s)
Dr. Farukbhai Gulambhai Patel, Mr. Hassan Faruk Patel are the company's promoters of KP Green Engineering Limited.
KP Green Engineering Limited IPO Issue Objectives
- •
- Part finance the capital expenditure towards setting up a new manufacturing unit to expand its current production capabilities and expand the current product portfolio.
- •
- General Corporate Purposes.
KP Green Engineering Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| KP Green Engineering Limited | 3.14 | N/A | 9.18 | N/A | 25.51 | 15.69 | Standalone |
| Salasar Techno Engineering Ltd | 1.32 | N/A | 12.67 | 30.23 | 10.03 | 3.15 | Standalone |
| Skipper Ltd | 3.19 | N/A | 74.8 | 30.2 | 4.26 | 1.29 | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on the BSE and NSE on March 31, 2023, divided by the Diluted EPS.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.
Contact Information
Contact Details
KP Green Engineering Limited
0261 2244 757
https://www.kpgreenengineering.com/
KP House', Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat-395017
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
KP Green Engineering Limited IPO is a book-built IPO worth ₹189.5 crore. The price band is ₹137–₹144 per share. The IPO opens on Mar 15, 2024 and closes on Mar 19, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of KP Green Engineering Limited IPO is ₹137 to ₹144 per share.
The lot size of KP Green Engineering Limited IPO is 1000 shares.
The minimum investment for KP Green Engineering Limited IPO is approximately ₹1,44,000 based on the upper price band .
KP Green Engineering Limited IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.
The allotment date of KP Green Engineering Limited IPO is Mar 20, 2024.
KP Green Engineering Limited IPO is expected to be listed on Mar 22, 2024, on BSE SME Platform.
KP Green Engineering Limited IPO valuation snapshot: P/E 31.95, EPS ₹4.51/-, P/B 11.69, RoNW 25.51%, and market cap N/A.
To apply for KP Green Engineering 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 KP Green Engineering 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 KP Green Engineering Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check KP Green Engineering Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the KP Green Engineering Limited IPO allotment status on IPO Ji for quick and easy access.