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KP Green Engineering IPO – Important Dates, GMP And Review

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KP Green Engineering Limited Company is raising 189.5 Crores from Initial Public Offering (IPO). The IPO is going to open from March 15, 2024 and will close on March 19, 2024. Price of Single share of IPO is ₹ 144 and total 1000 shares are there in 1 Lot. KP Green Engineering IPO Allotment Date is March 20, 2024 and listing date is March 22, 2024 at BSE.

KP Green Engineering Limited is the parent company of all the existing Companies under the KP group. They are the leader in offering a variety of solutions with full engineering and steel structure manufacturing under one roof. They covered a significant portion of the market share in the following sectors: Transmission Industries, Telecom industries, Substation structure, Isolator Hybrid Tower, solar industry, Highway Crash barrier by manufacturing, supplying, and erection. 

Their mission is to accelerate the adoption of renewable technology throughout India in order to protect the environment and provide a sustainable and environmentally friendly source of energy.

KP Green Engineering IPO Important Dates And Prices

IPO Opening Date15 March, 2024
IPO Closing Date19 March, 2024
IPO Allotment Date20 March, 2024
Date of Refund Initiation21 March, 2024
Single Price₹ 144
Total Shares1000/Lot
Minimum Investment₹ 1,44000
IPO Listing22 March, 2024
Listing OnBSE Only

KP Green Engineering IPO Important Details

IPO Issue Size₹ 189.5 Crores
IPO Face Value₹ 5/Share
IPO Retail Percentage35%
IPO Mandate Last Date19 March, 2024 (Till 5 PM)
IPO RegistrarBigshare Services Pvt Ltd.

KP Green Engineering IPO GMP (Grey Market Premium)

As On 15-03-2024₹35
As On 16-03-2024₹38
As On 17-03-2024₹38
As On 18-03-2024₹36
As On 19-03-2024₹5

KP Green Engineering Limited Promoters

  • Dr. Farukbhai Gulambhai Patel (Chairman & Non-Executive Director).
  • Mr. Hassan Faruk Patel (Non-Executive Director).

Shareholding Pattern or Promoter Holding in KP Green Engineering IPO

Equity ShareholdingNo. of SharesPercentage of Shares
Pre Issue36,840,00090.37%
Post Issue50,000,00066.59%

KP Green Engineering IPO Review

KP Green Engineering Limited is the main company of KP Group whose 2 IPO’s are already out and has rewarded its stakeholders. KP Green Engineering Company is growing day by day. The company has an ROE of around 29% and RoNW of about 25%. Our Review for this IPO is surely you can apply for it as the KP Group history is good and this 3rd IPO will also be rewarded as previous.

KP Green Engineering IPO Important Links

Allotment Status or Registrar LinkBigshare Services Pvt Ltd.
Company Websitewww.kpgreenengineering.com
Incorporated InJuly 2001
Registered OfficeKP House’, Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat, Gujarat- 395017 India
DownloadRHP PDF

FAQ’s Related to KP Green Engineering IPO

  1. When Is the KP Green Engineering Company Incorporated?

    KP Green Engineering Company is Incorporated in 1994 by Dr. Faruk G. Patel to provide one stop solution for all infrastructure and renewable energy needs.

  2. From Which Date KP Green Engineering IPO will open?

    KP Green Engineering Limited IPO will open from 15th March, 2024.

  3. What is the last date to apply for the Mandate of KP Green Engineering IPO?

    KP Green Engineering Limited IPO last date to apply for the Mandate is 19 March, 2024.

  4. What are the products KP Green Engineering Company Deals In ?

    As the name suggest, KP Green Engineering Limited Company is the manufacturer of all types of lattice transmission line towers structures, Cable Trays, Ladder Type Tray, Crash Barrier And Many other Products.

  5. How many shares are there in One Lot of KP Green Engineering Limited IPO?

    KP Green Engineering IPO – 1 Lot includes 1000 Shares with Minimum Investment of Rs 1,44000 Only.

  6. Can I Apply For Multiple Lots of KP Green Engineering IPO?

    Yes, You Can Apply For More than 1 Lot but it is not advisable. Rather You Should Apply From Some other Demat Account of your Family Members.

  7. When is KP Green Engineering IPO going to List?

    KP Green Engineering Limited IPO Listing date is 22 March, 2024. Apply For the IPO on the first date of opening i.e. 15 March, 2024 to increase your chances of allotment.

How You Can Apply For KP Green Engineering IPO or Any Other IPO?

You must first open a DEMAT account in order to apply for the KP Green Engineering IPO. With Groww, Paytm Money, Angel One, Upstox, Zerodha, and Paytm, you can open a demat account online. After opening your DEMAT account, simply open any of the above mentioned apps, go to the IPO section, choose KP Green Engineering IPO, and then click Apply Now to submit an application for a mandate. You can apply using your UPI ID by clicking on Apply For IPO after entering your investment lots and your UPI ID. Within a few minutes of clicking “Apply for IPO,” a mandate request will appear on your UPI platform. It can sometimes take up to an hour.

If You did not received Mandate Request, You Can Even Cancel the IPO application From the App You Applied For the IPO And After Cancelling the Application, You can apply once again for the KP Green Engineering IPO or any other IPO which you want to Buy. On receiving Mandate, click on Accept Mandate and Enter your UPI Pin and your Mandate Amount or the IPO Amount will be blocked by the Bank, till the date of allotment. If KP Green Engineering IPO is not allotted to you, you will get your money back in the bank, your mandate will be cancelled in that case.

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