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KP Green Engineering IPO is a book build IPO listing on BSE SME exchange. The company is based in Surat and caters to Steel sector. Beeline Capital Advisors Private is the merchant banker of KP Green Engineering IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th January 2024.
KP Green Engineering IPO open date is 15th March 2024 and close date is 19th March 2024. IPO Allotment Date is 20th March 2024 and Listing date is 22nd March 2024.KP Green Engineering IPO size is Rs 189.50 Cr. crores with IPO price of Rs 144.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the KP Green Engineering IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for KP Green Engineering IPO.
KP Green Engineering IPO anchor investors are the below investors. The number of anchor investors in this IPO is 26.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nova Global Opportunities | 209,000.00 | ₹144.00 | ₹30,096,000.00 |
| Nav Capital Vcc | 278,000.00 | ₹144.00 | ₹40,032,000.00 |
| LRSD Securities Private | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Persistent Growth Fund- | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| FINAVENUE CAPITAL TRUST | 209,000.00 | ₹144.00 | ₹30,096,000.00 |
| LC Radiance Fund | 277,000.00 | ₹144.00 | ₹39,888,000.00 |
| Moneywise Financial Services | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Negen Undiscovered Value | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Zinnia Global Fund | 174,000.00 | ₹144.00 | ₹25,056,000.00 |
| VPK Global Ventures | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Morgan Stanley Asia | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Zeal Global Opportunites | 209,000.00 | ₹144.00 | ₹30,096,000.00 |
| Nexus Global Opportunities | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Ag Dynamic Fund | 174,000.00 | ₹144.00 | ₹25,056,000.00 |
| 3 SIGMA GLOBAL | 105,000.00 | ₹144.00 | ₹15,120,000.00 |
| Craft Emerging Market | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Craft Emerging Market | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Benani Capital - | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| BofA Securities Europe | 416,000.00 | ₹144.00 | ₹59,904,000.00 |
| Beacon Stone Capital | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Eminence Global Fund | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Leading Light Fund | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
| Forbes Emf | 96,000.00 | ₹144.00 | ₹13,824,000.00 |
| Silver Stride India | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Galaxy Noble Global | 139,000.00 | ₹144.00 | ₹20,016,000.00 |
| Ashika Global Securities | 70,000.00 | ₹144.00 | ₹10,080,000.00 |
KP Green Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
KP Green Engineering IPO, based in Surat, operates in the Steel sector with a focus on manufacturing galvanised steel products. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. KP Green Engineering IPO size is ₹ 189.50 Cr. Crores with fresh issue size of Rs 189.50 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for KP Green Engineering IPO is expected to be 20th March 2024, after the finalization of basis of allotment. Investors can check KP Green Engineering IPO allotment status on the registrars website, Bigshare Services Private Limited. KP Green Engineering IPO refund dates are 21st March 2024.
KP Green Engineering IPO is expected to be listed on 22nd March 2024.
The upper price band for the KP Green Engineering IPO is set at ₹ 144.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on KP Green Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the KP Green Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th March 2024. After submission, funds are blocked until the basis of allotment of KP Green Engineering IPO is finalised.
The merchant banker for KP Green Engineering IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the KP Green Engineering IPO RHP for further details.
The registrar for KP Green Engineering IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to KP Green Engineering IPO through their official website or helpline.
KP Green Engineering IPO was subscribed 29.50 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 189.50 Cr.
Avg IPO Size (Sector Based)
:
₹ 32.34 Cr.
Sector: Steel
SME IPO so far:
26
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Surat
SME IPO so far:
40
Revenue (annualised):
₹ 207.86 cr.
PE
Ratio:
31.95x
Average Sector PE Ratio: 16.09x
KP Green Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on KP Green Engineering Financial Review Page
Merchant Banker(s) of KP Green Engineering IPO: Beeline Capital Advisors Private Limited
KP Green Engineering IPO subscription was 29.50 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
KP Green Engineering IPO listed at a listing price of 210.00 against the offer price of 144.00.
The current market price of KP Green Engineering is 430.35.
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