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KP Green Engineering Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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KP Green Engineering Ltd IPO

Registered Office: KP House Near Bliss IVF Circle,Canal Road Bhatar , Surat - 395017 , Gujarat , India.
Phone : 0261 2244 757   Fax:
Email :  compliance@kpgroup.co  
Website :  www.kpgreenengineering.com
Initial public issue of 13160000 equity shares of face value of (Rs)5/- each of KP Green Engineering Limited ("KPGEL" or the "Company" or the "Issuer") for cash at a price of (Rs)144/- per equity share including a share premium of (Rs)139/- per equity share (the "Issue Price") aggregating to (Rs)189.50 crores ("The Issue"), of which 658000 equity shares of face value of (Rs)5/- each for cash at a price of (Rs)144/- per equity share including a share premium of (Rs)139/- per equity share aggregating to (Rs)9.48 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12502000 equity shares of face value of (Rs)5/- each at a price of (Rs)144/- per equity share including a share premium of (Rs)139/- per equity share aggregating to (Rs)180.02 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.32% and 25.00 %, respectively, of the post issue paid up equity share capital of the company. Issue Price (Rs)144 per equity share of face value (Rs)5 each. The issue price is 28.80 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-24 19-Mar-24 (Rs)144.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 174.30
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 189.50  
Post Issue Equity Share Capital 25.00  
Issue Price (Rs)144.00  
 
Projects
Part finance the capital expenditure towards setting up of a new mfg unit to expand its current production capabilities as well as expanding its current product portfolioGeneral corporate purposes
Promoted By
Farukbhai Gulambhai Patel  
Hassan Faruk Patel  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd