IPO IPO-Synopsis
KP Green Engineering Ltd

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Registered Office: KP House Near Bliss IVF Circle,Canal Road Bhatar , Surat - 395017 , Gujarat , India.
Phone : 0261 2244 757   Fax:
Email :  compliance@kpgroup.co  
Website :  www.kpgreenengineering.com
Initial public issue of 13160000 equity shares of face value of Rs5/- each of KP Green Engineering Limited ("KPGEL" or the "Company" or the "Issuer") for cash at a price of Rs144/- per equity share including a share premium of Rs139/- per equity share (the "Issue Price") aggregating to Rs189.50 crores ("The Issue"), of which 658000 equity shares of face value of Rs5/- each for cash at a price of Rs144/- per equity share including a share premium of Rs139/- per equity share aggregating to Rs9.48 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 Rs5/- each at a price of Rs144/- per equity share including a share premium of Rs139/- per equity share aggregating to Rs180.02 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 Rs144 per equity share of face value Rs5 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 Rs144.00-0.00 Rs0.00-0.00
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 through Current Offer 189.50  
Post Issue Equity Share Capital 25.00  
Issue Price Rs144.00  
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 portfolioGeneral corporate purposes
Promoted By
Farukbhai Gulambhai Patel
Hassan Faruk Patel
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd