KP Green Engineering Limited is engaged in the manufacturing of fabricated and hot-dip galvanized steel products. The company’s product portfolio includes Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers.
The company offers end-to-end solutions by providing in-house fabrication and Hot Dip Galvanizing facilities for custom-made solutions.
The company’s manufacturing facility, located in Dabhasa, Vadodara, Gujarat, spans 200,000 sq. ft. and is fully equipped with CNC machinery and equipment.
The company is ISO 9001:2015 certified, indicating its ability to provide high-quality products and services, which directly affects its reputation, customer satisfaction, and long-term success.
As of September 30, 2023, the company has a total of 81 employees at its manufacturing facility and head office.
KP Green Engineering IPO – Details
| IPO Opening Date | 15 March 2024 |
| IPO Closing Date | 19 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,31,60,000 Shares Worth ₹189.50 Crore Fresh Issue: 1,31,60,000 Shares Worth ₹189.50 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹137 – ₹144 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
KP Green Engineering IPO – Date Schedule
| IPO Open Date | 15 March 2024 |
| IPO Close Date | 19 March 2024 |
| Basis of Allotment | 20 March 2024 |
| Initiation of Refund | 21 March 2024 |
| Credit of Shares to Demat Account | 21 March 2024 |
| IPO Listing Date | 22 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 19, 2024 |
KP Green Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | ₹1,44,000 |
| Retail (Maximum) | 1 | 1000 | ₹1,44,000 |
| HNI (Minimum) | 2 | 2000 | ₹2,88,000 |
Competitive Strengths
- Founder led company supported by a highly experienced and professional leadership team.
- Company’s Execution Capabilities.
- Consistent Financial Performance.
Company Promoters
- Dr. Farukbhai Gulambhai Patel
- Mr. Hassan Faruk Patel
Object Of The Issue
- Part finance the capital expenditure towards setting up a new manufacturing unit to expand its current production capabilities and expand the current product portfolio.
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 38.83 | 36.67 | 1.58 | 20.66 |
| 31 March 2022 | 78.42 | 72.32 | 4.54 | 20.12 |
| 31 March 2023 | 114.78 | 98.17 | 12.39 | 17.68 |
| 30 September 2023 | 104.13 | 88.95 | 11.26 | 48.95 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 29.24% |
| ROCE | 23.05% |
| Debt/Equity | 1.11 |
| RoNW | 25.51% |
| P/BV | 11.69 |
| PAT Margin (%) | 10.84 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.36 | 4.51 |
| P/E (x) | 42.8 | 31.95 |
KP Green Engineering IPO Promoter Holding
| Pre Issue Share Holding | 90.37% |
| Post Issue Share Holding | 66.59% |
KP Green Engineering IPO Prospectus
Company Contact Information
| KP Green Engineering Limited KP House’, Near KP Circle, Opp. Ishwar Farm Junction BRTS Canal Road, Bhatar, Surat-395017 Phone: 0261 2244 757 Email: compliance@kpgroup.co Website: https://www.kpgreenengineering.com/ |
KP Green Engineering IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
KP Green Engineering IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
KP Green Engineering IPO FAQs
| What is KP Green Engineering IPO? KP Green Engineering IPO is a SME IPO. The issue is priced at ₹137 – ₹144 per equity share. The IPO is to be listed on BSE SME. |
| When KP Green Engineering IPO will open? The IPO is to open on 15 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to KP Green Engineering IPO? You can apply KP Green Engineering 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 KP Green Engineering IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “KP Green Engineering”. Click on 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 5 Paisa. |
| How to Apply the KP Green Engineering IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “KP Green Engineering”. Click on 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 KP Green Engineering IPO Size? KP Green Engineering IPO size is ₹189.50 crores. |
| What is KP Green Engineering IPO Price Band? KP Green Engineering IPO Price Band is ₹137 – ₹144. |
| What is KP Green Engineering IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,44,000 amount while the maximum bid is 1000 shares with ₹1,44,000. |
| What is the KP Green Engineering IPO Allotment Date? KP Green Engineering IPO allotment date is 20 March 2024. |
| What is the KP Green Engineering IPO Listing Date? KP Green Engineering IPO listing date is 22 March 2024. The IPO is to list on BSE SME. |
