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Open
15 Mar 2024
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Close
19 Mar 2024
3
Allotment
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Listing
Fri, Mar 22, 2024
Price Band
₹137 to ₹144
Issue Size
1,31,60,000 shares (agg. up to ₹190 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Mar 22, 2024
Latest GMP
₹50
Est. Gain
34.72%
✦ AI Insight
GMP Trend
22-03-2024₹50Est. ₹194+34.72%
21-03-2024₹20Est. ₹164+13.89%
20-03-2024₹5Est. ₹149+3.47%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 20.74x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 136.36 | 95.07 |
| Total Income | 104.14 | 114.79 |
| Profit After Tax | 11.27 | 12.39 |
| Reserves and Surplus | 26.24 | 31.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kay Cee Energy & Infra Ltd. | SME | ₹15.93 Cr | ₹54 | 7.59 | ₹239.40 | +343.33% | ₹93.30 (-0.59%) |
| Exicom Tele-Systems Ltd. | Mainboard | ₹429.00 Cr | ₹142 | 217.63 | ₹224.95 | +58.42% | ₹161.51 (-2.53%) |
| Azad Engineering Ltd. | Mainboard | ₹740.00 Cr | ₹524 | 292.74 | ₹677.50 | +29.29% | ₹2,329.70 (-3.10%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part Finance the capital expenditure towards setting up of a new manufacturing unit to expand its current production capabilities as well as expanding our current product portfolio. | 156.14 |
| 2 | General Corporate Purposes | 18.15 |
About KP Green Engineering IPO
Incorporated in July 2001, KP Green Engineering Limited is engaged in the manufacturing of fabricated and hot-dip galvanized steel products. The company's product portfolio includes Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers. The company offers end-to-end solutions by providing in-house fabrication and Hot Dip Galvanizing facilities for custom-made solutions. The company's manufacturing facility, located in Dabhasa, Vadodara, Gujarat, spans 200,000 sq. ft. and is fully equipped with CNC machinery and equipment. The company is ISO 9001:2015 certified, indicating its ability to provide high-quality products and services, which directly affects 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.+ Read More
Contact Details
KP Green Engineering Ltd. AddressKP House', Near KP CircleOpp.Ishwar Farm Junction BRTSCanal Road, BhatarSurat, Gujarat, 3950170261 2244 757compliance@kpgroup.coVisit Website