K2 Infragen IPO Details ( K2 Infragen Limited IPO Review )
(28 Mar 2024 – 3 Apr 2024)
K2 Infragen Limited started in 2015 as an engineering, procurement, and construction (EPC) company. Before, it was called K2 Powergen Private Limited.
The company does two main things:
- Engineering, Procurement, and Construction (EPC): This involves:
- Making contracts: planning and building projects, buying key materials, and managing projects until they’re finished. This covers water supply, railroads, roads, and civil construction.
- Offering services: This part of the business schedules projects, plans staff, and handles logistics to make sure projects finish on time. Services include building things like buildings, walls, and transmission lines, as well as planning, surveying, project management, and quality control.
- Trading: This part buys and sells materials, like non-ferrous metals, through auctions.
As of March 22, 2024, the company had 61 employees.
K2 Infragen Limited IPO Competitive Strength
- Experienced Promoters backed by the strong management team
- Focused EPC player
- Strong order book
- Established track record of timely execution
- In-house integrated model
K2 Infragen IPO Financials Performance ( Results )
K2 Infragen Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves |
| 31-Mar-21 | 2,220.52 | 3,568.05 | 22.49 | 115.49 | -46.56 |
| 31-Mar-22 | 2,591.14 | 3,685.20 | -311.26 | 133.84 | -96.26 |
| 31-Mar-23 | 5,690.40 | 7,490.08 | 1,132.32 | 1,392.45 | 1,165.10 |
| 30-Sep-23 | 6,378.79 | 5,967.98 | 607.45 | 2,535.32 | 1,611.24 |
Objective of K2 Infragen IPO Issue
- Working capital requirement;
- Capital Expenditure; and
- General corporate purposes.
K2 Infragen IPO Basic Details
| IPO Date | Mar 28, 2024 to Apr 3, 2024 |
| Listing Date | Monday, April 8, 2024 |
| Face Value | ₹10 per share |
| Price | ₹111 to ₹119 per share |
| Lot Size | 1200 Shares |
| Issue Size | 3,406,800 shares of ₹10 (aggregating up to ₹40.54 Cr) |
| Fresh Issue | 3,406,800 shares of ₹10 (aggregating up to ₹40.54 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,211,594 |
| Share holding post issue | 12,618,394 |
| Company Promoters | Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal and Mr. Sarvajeet Singh |
K2 Infragen IPO Reservation
| Anchor Investor Shares Offered | 27.79% of the Net Issue |
| Market Maker Shares Offered | 7.33% of the Net Issue |
| QIB Shares Offered | 18.53% of the Net Issue |
| NII (HNI) Shares Offered | 13.91% of the Net Issue |
| Retail Shares Offered | 32.44% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
K2 Infragen IPO Timetable
K2 Infragen IPO will open on March 28, 2024 and close on April 3, 2024. You can join K2 Infragen IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 28 March 2024 (Thursday) |
| Closing Date | 3 April 2024 (Wednesday) |
| Basis of Allotment | 4 April 2024 (Thursday) |
| Initiation of Refunds | 5 April 2024 (Friday) |
| Credit of Shares to Demat | 5 April 2024 (Friday) |
| Listing Date | 8 April 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 3 April 2024 |
K2 Infragen IPO Lot Size
For retail investors in K2 Infragen IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹142,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹142,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹142,800 |
| Retail (Max) | 1 | 1200 | ₹142,800 |
| S-HNI (Min) | 2 | 2400 | ₹285,600 |
K2 Infragen IPO Promoter Holding
The company’s promoters include Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal and Mr. Sarvajeet Singh.
| Pre Issue Share Holding | 55.29% |
| Post Issue Share Holding | 40.36% |
K2 Infragen Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 150.16 |
| P/E Ratio (P/E) (x) | 9.68 |
| Post P/E Ratio (P/E) (x) | 12.36 |
| Return on Net Worth (RoNW) (%) | 23.90 |
| Return on equity (ROE) (%) | 23.96 |
| Return on Capital Employed (ROCE) (%) | 19.91 |
| Debt/Equity Ratio | 0.87 |
| Price/Book Value Ratio | 4.32 |
K2 Infragen IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹40 | – | – |
| 5 April 2024 | ₹40 | – | – |
| 4 April 2024 | ₹38 | – | – |
K2 Infragen IPO Detail Video:
link
K2 Infragen IPO Subscription Status (Bidding Detail)
The K2 Infragen IPO on April 3, 2024 at 6:21:59 PM was subscribed 51.47 times, with the retail category being subscribed 40.70 times, the NII (Non-Institutional Investor) category being subscribed 113.98 times, QIB (Qualified-Institutional Buyers) category being subscribed 23.37 times.
| Category | Subscription |
| QIB | 23.37x |
| NII | 113.98x |
| Retail | 40.70x |
| Total | 51.47x |
K2 Infragen IPO Prospectus
| K2 Infragen IPO DRHP | Download |
| K2 Infragen IPO RHP | Download |
| K2 Infragen IPO Anchor Investors Details PDF | Download |
K2 Infragen IPO Rating
| Our Rating | 3.0/5.0 |
K2 Infragen Company Contact Information
K2 Infragen Limited
Registered Office: 801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram, Haryana – 122018, India;
Telephone No: +91 124 4896700
Website: www.k2infra.com
E-mail: cs@k2infra.com
Contact Person: Ms. Jyoti Lakra, Company Secretary and Compliance Officer
Promoters of the Company: Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal and Mr. Sarvajeet Singh
K2 Infragen IPO Registrar
Kfin Technologies Limited
Registered Office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana
Telephone: +91 40 6716 2222; Toll Free No: 1800 309 4001
Email: k2infragen.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Contact Person: M Murali Krishna
Website: www.kfintech.com
SEBI Registration Number: INR000000221
CIN: L72400TG2017PLC117649
K2 Infragen IPO Lead Manager
Expert Global Consultants Private Limited
Registered Office: 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110034, India
Telephone: +91 11 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in
Investor Grievance Email: compliance@expertglobal.in
Contact Person: Mr. Gaurav Jain
SEBI registration number: INM000012874
CIN: U74110DL2010PTC205995
K2 Infragen IPO FAQs
What is the lot size of K2 Infragen IPO?
The total size of K2 Infragen IPO is ₹40.54 crores and this is a complete fresh Issue.
When will K2 Infragen IPO start?
K2 Infragen IPO will open from 28 March 2024 and IPO will close on 3 April 2024.
What is the open date of K2 Infragen IPO?
K2 Infragen IPO will open date from 28 March 2024.
What is the last date ( close date ) of K2 Infragen IPO?
K2 Infragen IPO will close from 3 April 2024.
What is the price band of K2 Infragen IPO?
K2 Infragen IPO price band is ₹111 to ₹119. ( Upper Price Band: ₹119, Lower Price Band: ₹111 )
What is the minimum amount required to apply for K2 Infragen IPO?
The minimum investment for retailers to apply for K2 Infragen IPO is ₹142,800 and the maximum investment is ₹142,800.
What is going on gray market premium of K2 Infragen IPO?
View gray market premium of K2 Infragen IPO by Clicking Here
How much is the GMP of K2 Infragen IPO?
Watch K2 Infragen IPO GMP Today: Click Here
What is the allotment date of K2 Infragen IPO?
The allotment date of K2 Infragen IPO is 4 April 2024.
How to check allotment status in K2 Infragen IPO?
To check the allotment status of K2 Infragen IPO, first of all go to the registrar website by clicking here, select your bad K2 Infragen IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of K2 Infragen IPO?
The listing date of K2 Infragen IPO is 8 April 2024.
How much will be the listing gain in K2 Infragen IPO?
View listing gain of K2 Infragen IPO by Clicking Here
How much time K2 Infragen IPO is subscribed?
Total 51.47 times subscribed in K2 Infragen IPO out of which 40.70 times subscription was done in retail quota, 113.98 times subscription in NII quota and 23.37 times subscription in QIB quota.
How to apply for K2 Infragen IPO from Upstox?
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How to apply for K2 Infragen PO from Zerodha?
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How to apply for K2 Infragen IPO from Angle One?
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