KP Green Engineering IPO Details ( KP Green Engineering Limited IPO Review )
(15 Mar 2024 – 19 Mar 2024)
KP Green Engineering Limited started its journey in July 2001. We make steel products, like towers, substation structures, solar mounting frames, cable trays, earth strips, and beam crash barriers.
We handle everything from making to galvanizing the steel. Our factory in Dabhasa, Vadodara, Gujarat, covers 200,000 sq. ft. It’s packed with advanced CNC machinery.
Quality matters to us. That’s why we’re ISO 9001:2015 certified. It proves we deliver top-notch products and services, making our customers happy and ensuring our success.
Currently, we have 81 hardworking folks at our factory and head office as of September 30, 2023.
KP Green Engineering Limited Company Product
Our Product Portfolio
- Lattice Tower
- Substation Structure
- Metal Beam Crash Barrier
- Hv Disconnector Structure
- Solar Mms Structures
- Perforated Cable Tray
- Ladder Type Tray
- Galvanized Earthing Strips and Flats
- Roofing Channels
Our Service Portfolio
- Fault Rectification Services
- Fault Detection
- Comprehensive Repair Solutions
- Galvanizing Job Work
- Solar Rooftop Installation Services
KP Green Engineering Limited IPO Competitive Strength
- Founder led company supported by a highly experienced and professional leadership team
- Our execution capabilities
- Consistent financial performance
KP Green Engineering IPO Financials Performance ( Results )
KP Green Engineering Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Reserves |
| 31-Mar-23 | 9,506.65 | 11,478.50 | 1,239.45 | 3,177.38 |
| 30-Sep-23 | 13,635.62 | 10,413.64 | 1,126.64 | 2,624.03 |
Objective of KP Green IPO Issue
- 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 IPO Basic Details
| IPO Date | Mar 15, 2024 to Mar 19, 2024 |
| Listing Date | Friday, March 22, 2024 |
| Face Value | ₹5 per share |
| Price | ₹137 to ₹144 per share |
| Lot Size | 1000 Shares |
| Issue Size | 13,160,000 shares of ₹5 (aggregating up to ₹189.50 Cr) |
| Fresh Issue | 13,160,000 shares of ₹5 (aggregating up to ₹189.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 36,840,000 |
| Share holding post issue | 50,000,000 |
| Company Promoters | Dr. Farukbhai Gulambhai Patel and Mr. Hassan Faruk Patel |
KP Green Engineering IPO Reservation
| Anchor Investor Shares Offered | 28.50% of the Net Issue |
| Market Maker Shares Offered | 5.00% of the Net Issue |
| QIB Shares Offered | 19.00% of the Net Issue |
| NII (HNI) Shares Offered | 14.26% of the Net Issue |
| Retail Shares Offered | 33.25% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
KP Green IPO Timetable
KP Green IPO will open on March 15, 2024 and close on March 19, 2024. You can join KP Green IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 15 March 2024 (Friday) |
| Closing Date | 19 March 2024 (Tuesday) |
| Basis of Allotment | 20 March 2024 (Wednesday) |
| Initiation of Refunds | 21 March 2024 (Thursday) |
| Credit of Shares to Demat | 21 March 2024 (Thursday) |
| Listing Date | 22 March 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 19 March 2024 |
KP Green Engineering IPO Lot Size
For retail investors in KP Green Engineering IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹144,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹144,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹144,000 |
| Retail (Max) | 1 | 1000 | ₹144,000 |
| S-HNI (Min) | 2 | 2000 | ₹288,000 |
KP Green Engineering IPO Promoter Holding
The company’s promoters include Dr. Farukbhai Gulambhai Patel and Mr. Hassan Faruk Patel.
| Pre Issue Share Holding | 90.37% |
| Post Issue Share Holding | 66.59% |
KP Green Engineering 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.) | 720 |
| Earning Per Share (EPS) | ₹3.36 per Equity Share |
| Net Asset Value (NAV) | ₹9.18 per Equity Share |
| P/E Ratio (P/E) (x) | 42.80 |
| Post P/E Ratio (P/E) (x) | 31.95 |
| Return on Net Worth (RoNW) (%) | 25.51 |
| Return on equity (ROE) (%) | 29.24 |
| Return on Capital Employed (ROCE) (%) | 23.05 |
| Debt/Equity Ratio | 1.11 |
| Price/Book Value Ratio | 11.69 |
KP Green Engineering IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹40 | – | – |
| 15 March 2024 | ₹40 | – | – |
| 14 March 2024 | ₹30 | – | – |
KP Green Engineering IPO Detail Video:
KP Green Engineering IPO Subscription Status (Bidding Detail)
The KP Green Engineering IPO on March 19, 2024 at 7:00:00 PM was subscribed 29.50 times, with the retail category being subscribed 20.12 times, the NII (Non-Institutional Investor) category being subscribed 48.23 times, QIB (Qualified-Institutional Buyers) category being subscribed 31.86 times.
| Category | Subscription |
| QIB | 31.86x |
| NII | 48.23x |
| Retail | 20.12x |
| Total | 29.50x |
KP Green Engineering IPO Prospectus
| KP Green Engineering IPO DRHP | Download |
| KP Green Engineering IPO RHP | Download |
| KP Green Engineering IPO Anchor Investors Details PDF | Download |
KP Green Engineering IPO Rating
| Our Rating | 3.0/5.0 |
KP Green Engineering Company Contact Information
KP Green Engineering Limited
Registered Office: ‘KP House’, Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat, Gujarat- 395017 India,
Website: www.kpgreenengineering.com
E-Mail: compliance@kpgroup.co
Telephone No: 0261 2244 757
Company Secretary and Compliance Officer: Mr. Saurabh Sharma
Promoters of Our Company: Dr. Farukbhai Gulambhai Patel and Mr. Hassan Faruk Patel
KP Green Engineering IPO Registrar
Bigshare Services Private Limited
SEBI Registration Number: INR000001385
Address: S6-2, 6th Pinnacle business Park, Mahakali Caves Road, next to Ahura Center, Andheri East,
Mumbai-400093, Maharashtra, India.
Tel. Number: 022-62638200
Fax: 022-62638299
Email Id: ipo@bigshareonline.com
Investors Grievance Id: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Vinayak Morbale
CIN: U99999MH1994PTC076534
KP Green Engineering IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314 Thirteenth Floor Shilp Corporate Park, Rajpath Rangoli Road Thaltej Ahmedabad Gujarat
380054 India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
KP Green Engineering IPO FAQs
What is the lot size of KP Green Engineering IPO?
The total size of KP Green Engineering IPO is ₹189.50 crores and this is a complete fresh Issue.
When will KP Green Engineering IPO start?
KP Green Engineering IPO will open from 15 March 2024 and IPO will close on 19 March 2024.
What is the open date of KP Green Engineering IPO?
KP Green Engineering IPO will open date from 15 March 2024.
What is the last date ( close date ) of KP Green Engineering IPO?
KP Green Engineering IPO will close from 19 March 2024.
What is the price band of KP Green Engineering IPO?
KP Green Engineering IPO price band is ₹137 to ₹144. ( Upper Price Band: ₹144, Lower Price Band: ₹137 )
What is the minimum amount required to apply for KP Green Engineering IPO?
The minimum investment for retailers to apply for KP Green Engineering IPO is ₹144,000 and the maximum investment is ₹144,000.
What is going on gray market premium of KP Green Engineering IPO?
View gray market premium of KP Green Engineering IPO by Clicking Here
How much is the GMP of KP Green Engineering IPO?
Watch KP Green Engineering IPO GMP Today: Click Here
What is the allotment date of KP Green Engineering IPO?
The allotment date of KP Green Engineering IPO is 20 March 2024.
How to check allotment status in KP Green Engineering IPO?
To check the allotment status of KP Green Engineering IPO, first of all go to the registrar website by clicking here, select your bad KP Green Engineering 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 KP Green Engineering IPO?
The listing date of KP Green Engineering IPO is 22 March 2024.
How much will be the listing gain in KP Green Engineering IPO?
View listing gain of KP Green Engineering IPO by Clicking Here
How much time KP Green Engineering IPO is subscribed?
Total 29.50 times subscribed in KP Green Engineering IPO out of which 20.12 times subscription was done in retail quota, 48.23 times subscription in NII quota and 31.86 times subscription in QIB quota.
How to apply for KP Green Engineering IPO from Upstox?
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How to apply for KP Green Engineering PO from Zerodha?
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How to apply for KP Green Engineering IPO from Angle One?
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