IPO SYNOPSIS

KP Green Engineering Ltd
Registered Office:
KP House Near Bliss IVF Circle,Canal Road Bhatar,
Surat - 395017,
Gujarat, India.
Initial public issue of 13160000 equity shares of face value of (₹) 5/- each of KP Green Engineering Limited ("KPGEL" or the "Company" or the "Issuer") for cash at a price of (₹) 144/- per equity share including a share premium of (₹) 139/- per equity share (the "Issue Price") aggregating to (₹) 189.50 crores ("The Issue"), of which 658000 equity shares of face value of (₹) 5/- each for cash at a price of (₹) 144/- per equity share including a share premium of (₹) 139/- per equity share aggregating to (₹) 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 (₹) 5/- each at a price of (₹) 144/- per equity share including a share premium of (₹) 139/- per equity share aggregating to (₹) 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 (₹) 144 per equity share of face value (₹) 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
144.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 1000     Further Multiples of : 1000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
174.30
Beeline Capital Advisors Pvt Ltd
Project Financed
189.50
 
Post Issue
25.00
 
Issue Price
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!!!
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