K2 Infragen Limited is an engineering, procurement and construction (“EPC”) with a focus on Power Engineering and Project Engineering having experience in design and construction of various projects across 8 States in India viz. Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab & Delhi. The company was previously known as K2 Powergen Private Limited.
The company is certified for ISO 14001:2015 (Environment Management System), 45001:2018 (Occupational Health & Safety Management System), and 9001:2015 (Quality Management System) by Globus Certifications Private Limited.
The company has two divisions:
- Engineering, Procurement and Construction (EPC):
- 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.
- 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.
K2 Infragen IPO – Details
| IPO Opening Date | 28 March 2024 |
| IPO Closing Date | 03 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 34,06,800 Shares Worth ₹40.54 Crore Fresh Issue: 34,06,800 Shares Worth ₹40.54 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹111 – ₹119 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
K2 Infragen IPO – Date Schedule
| IPO Open Date | 28 March 2024 |
| IPO Close Date | 03 April 2024 |
| Basis of Allotment | 04 April 2024 |
| Initiation of Refund | 05 April 2024 |
| Credit of Shares to Demat Account | 05 April 2024 |
| IPO Listing Date | 08 April 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 03, 2024 |
K2 Infragen IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,42,800 |
| Retail (Maximum) | 1 | 1200 | ₹1,42,800 |
| HNI (Minimum) | 2 | 2400 | ₹2,85,600 |
Competitive Strengths
- Experienced Promoters having deep domain knowledge to scale up the business.
- Diversified Clientele.
- Management team having established track record.
- Established track record of successfully completed projects.
- In-house integrated model.
Company Promoters
- Mr. Pankaj Sharma
- Ms. Priya Sharma
- Mr. Rajesh Tiwari
- Mr. Rajiv Khandelwal
- Mr. Sarvajeet Singh
Object Of The Issue
- Working capital requirement;
- Capital Expenditure; and
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 35.68 | 35.17 | 0.22 | -0.46 |
| 31 March 2022 | 36.85 | 39.87 | -3.11 | -0.96 |
| 1 March 2023 | 74.90 | 59.66 | 11.32 | 11.65 |
| 30 September 2023 | 59.67 | 51.39 | 6.07 | 16.11 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.96% |
| ROCE | 19.91% |
| Debt/Equity | 0.87 |
| RoNW | 23.9% |
| P/BV | 4.32 |
| PAT Margin (%) | 10.23 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 12.29 | 9.63 |
| P/E (x) | 9.68 | 12.36 |
K2 Infragen IPO Promoter Holding
| Pre Issue Share Holding | 55.29% |
| Post Issue Share Holding | 40.36% |
K2 Infragen IPO Prospectus
Company Contact Information
| K2 Infragen Limited 801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram – 122 018 Phone: +91 124 4896700 Email: cs@k2infra.com Website: http://www.k2infra.com/ |
K2 Infragen IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: k2infragen.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
K2 Infragen IPO Lead Manager(s)
| 1. Expert Global Consultants Private Limited |
K2 Infragen IPO FAQs
| What is K2 Infragen IPO? K2 Infragen IPO is a SME IPO. The issue is priced at ₹111 – ₹119 per equity share. The IPO is to be listed on NSE SME. |
| When K2 Infragen IPO will open? The IPO is to open on 28 March 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to K2 Infragen IPO? You can apply for K2 Infragen IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the K2 Infragen IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “K2 Infragen”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the K2 Infragen IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “K2 Infragen”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is K2 Infragen IPO Size? K2 Infragen IPO size is ₹40.54 crores. |
| What is K2 Infragen IPO Price Band? K2 Infragen IPO Price Band is ₹111 – ₹119. |
| What is K2 Infragen IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,42,800 amount while the maximum bid is 1200 shares with ₹1,42,800. |
| What is the K2 Infragen IPO Allotment Date? K2 Infragen IPO allotment date is 04 April 2024. |
| What is the K2 Infragen IPO Listing Date? K2 Infragen IPO listing date is 08 April 2024. The IPO is to list on BSE SME. |
