IPO

K2 Infragen Limited IPO

NSE SME

Listed On: Apr 8, 2024 at ₹ 167.0

₹ 142800 /1200 Shares

Check Allotment

K2 Infragen Limited IPO Details

28 Mar, 2024

Open Date

03 Apr, 2024

Close Date

04 Apr, 2024

Allotment Date

08 Apr, 2024

Listing Date

Issue Price

₹111-119 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

167.0

Listing Date

2024-04-08

Market Lot

1200 Shares (₹142,800/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

3,406,800 shares(aggregating up to ₹40.54 Cr)

Retail Portion

35%

Subscription

50.52 times

IPO Docs

RHP

K2 Infragen Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved631,200 / 474,0001,105,2002,210,400
Day 1 - 28-03-24 06:00 PM0.86 / 0.74 x0.90 x0.85 x
Day 2 - 01-04-24 06:00 PM0.86 / 0.65 x2.25 x1.51 x
Day 3 - 02-04-24 06:00 PM0.86 / 3.77 x6.97 x4.54 x
Day 4 - 03-04-24 06:00 PM23.37 / 113.74 x38.91 x50.52 x
Total No. of Applications: 37,486 (Approx)

K2 Infragen Limited Valuations

EPS Pre IPO

₹12.29/-

EPS Post IPO

₹9.63/-

P/E Pre IPO

9.68

P/E Post IPO

12.36

RoNW

23.9%

K2 Infragen Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,690.402,591.142,220.52
Revenue7,490.083,685.203,568.05
Profit After Tax1,132.32-311.2622.49

About The Company

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 the open market through auction procedures.

As of March 22,2024, the company had a total of 61 employees.

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K2 Infragen Limited - Promoter(s)

Pre Issue Share Holding: 55.29%

Post Issue Share Holding: 40.36%

Company Promoter(s)

  1. Mr. Pankaj Sharma
  2. Ms. Priya Sharma
  3. Mr. Rajesh Tiwari
  4. Mr. Rajiv Khandelwal
  5. Mr. Sarvajeet Singh

K2 Infragen Limited IPO - Issue Objectives

  1. Working capital requirement
  2. Capital Expenditure
  3. General corporate purposes.

K2 Infragen Limited IPO - FAQs

Ans. K2 Infragen Limited IPO is a SME IPO. The issue is priced at ₹111-119 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 28, 2024, and closes on Apr 3, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The K2 Infragen Limited IPO opens on Mar 28, 2024 and closes on Apr 3, 2024.

Ans. The size of K2 Infragen Limited IPO is 3,406,800 shares(aggregating up to ₹40.54 Cr).

Ans. The IPO price band is set between ₹111-119 per equity share.

Ans. To apply for K2 Infragen Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find K2 Infragen Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of K2 Infragen Limited IPO is Apr 4, 2024.

Ans. The K2 Infragen Limited IPO will be listed on Apr 8, 2024.

Ans. Follow the steps to check the allotment status for K2 Infragen Limited IPO here.