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IPO Synopsis IPO   > IPO Synopsis
As on : Apr 29,2024 10:42 AM
KP Green Engineering Ltd
Registered Office: KP House Near Bliss IVF Circle,Canal Road Bhatar, Surat - 395017, Gujarat, India.
Phone : 0261 2244 757   Fax:
Email :    
Website :  
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 (Rs) 0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 174.30 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 189.50  
Post Issue Equity Share Capital (Rs.Cr) 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 portfolio General corporate purposes
Promoted By
Farukbhai Gulambhai Patel
Hassan Faruk Patel
Listing At
BSE - SME
Registrar to the Issue
No Data Available