The KP Green Engineering IPO was issued at Rs 189.50 crore and is a fresh issue of 131.6 lakh shares. The IPO will be listed on Friday, March 22, 2024.
KP Green Engineering IPO: This steel products company KP Green Engineering IPO will open on March 15, 2024 and close on March 19, 2024. Today this article we will know KP Green Engineering IPO GMP, Price Band, Allotment and Details.
KP Green Engineering IPO Details
| IPO Name | KP Green Engineering Limited IPO |
| IPO Date | March 15, 2024 to March 19, 2024 |
| Listing Date | Friday, March 22, 2024 |
| Face Value | Rs 5 per share |
| Price Band | Rs 137 to Rs 144 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 13,160,000 shares (aggregating up to Rs 189.50 Cr) |
| Fresh Issue | 13,160,000 shares (aggregating up to Rs 189.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 36,840,000 |
| Share holding post issue | 50,000,000 |
| Market Maker portion | 658,000 shares Spread X Securities |
KP Green Engineering IPO Price
KP Green Engineering IPO price fixed at Rs 137 to Rs 144 per share.
KP Green Engineering IPO Subscription Status
The IPO opened for subscription on March 15, 2024 and will close on March 19, 2024.
KP Green Engineering IPO Lot Size
The minimum lot size for KP Green Engineering IPO application is 1000 shares The minimum investment amount for retail investors is Rs 144,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,000 | Rs 144,000 |
| Retail (Max) | 1 | 1,000 | Rs 144,000 |
| HNI (Min) | 2 | 2,000 | Rs 288,000 |
KP Green Engineering IPO GMP
The last GPM of this IPO is Rs 40, with the price band of 144.00,
KP Green Engineering IPO Allotment
KP Green Engineering has been allotted Wednesday for the IPO, and it will be finalized on March 20, 2024.
| IPO Open Date | Friday, March 15, 2024 |
| IPO Close Date | Tuesday, March 19, 2024 |
| Basis of Allotment | Wednesday, March 20, 2024 |
| Initiation of Refunds | Thursday, March 21, 2024 |
| Credit of Shares to Demat | Thursday, March 21, 2024 |
| Listing Date | Friday, March 22, 2024 |
KP Green Engineering IPO Listing
The KP Green Engineering IPO will be listed on BSE SME, with a tentative listing date set for Friday, March 22, 2024.
KP Green Engineering IPO Promoter
The promoters of this KP Green Engineering Limited company are Dr. Farukbhai Gulambhai Patel and Mr. Hassan Faruk Patel.
About KP Green Engineering Limited
KP Green Engineering Limited Incorporated in July 2001, this company manufactures fabricated and hot-dip galvanized steel products. The company’s product portfolio includes lattice tower structures, substation structures, solar module mounting structures, cable trays, earthing strips, beam crash barriers.
The company provides end-to-end solutions by offering in-house fabrication and hot dip galvanizing facilities for custom-made solutions.
• Disclaimer: The above article is meant for informational purposes only, any investment stock market & mutual fund please advice financial expert.
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