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Open
28 Mar to 3 Apr, 2024
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Close
28 Mar to 3 Apr, 2024
3
Allotment
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Listing
Mon, Apr 8, 2024
Price Band
₹111 to ₹119
Issue Size
34,06,800 shares (agg. up to ₹41 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Apr 8, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 36.08x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 63.79 | 56.90 | 25.91 | 22.21 |
| Total Income | 59.68 | 74.90 | 36.85 | 35.68 |
| Profit After Tax | 6.07 | 11.32 | -3.11 | 0.22 |
| NET Worth | 25.35 | 13.92 | 1.34 | 1.15 |
| Reserves and Surplus | 16.11 | 11.65 | -0.96 | -0.47 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.70 (-0.43%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹115.20 (-3.19%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹158.35 (-2.88%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 (-1.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹64.50 (-4.94%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹162.00 (+1.25%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹493.20 (-0.76%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement | 16.00 |
| 2 | Capital Expenditure; and | 8.31 |
| 3 | General corporate purposes | 9.23 |
About K2 Infragen IPO
K2 Infragen Limited was founded in 2015 and is an engineering, procurement and construction (EPC) company. The company was previously 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: The EPC services business comprises the structuring and scheduling of projects, personnel planning and logistics to ensure the timely execution and completion of projects. Construction services include engineering, procurement and construction of various projects under build-to-order/build-operate-leasing for the construction of buildings, boundary walls, transmission lines, water projects, etc. This includes planning work, surveying, project management and quality supervision. 2. Trading business: This includes the procurement and trading of materials such as non-ferrous metals on
Contact Details
K2 Infragen Ltd. Address801 A, B & 802 A, B, C, 8th FloorWelldone Techpark, Sohna RoadSohnaGurugram, Haryana, 122018+91 124 4896700cs@k2infra.comVisit Website