KP Green Engineering IPO Review, IPO GMP Today, Company Details, Fundamentals

KP Green Engineering IPO Review, IPO GMP Today, Company Details, Fundamentals

KP Green Engineering IPO Review: KP Green Engineering, a company focused on solar power generation, is entering the capital market today with its initial public offering (IPO) on the BSE SME platform. This issuance aims to raise ₹189.50 crore through fresh equity shares.

KP Green Engineering IPO Dates

IPO Open DateFriday, March 15, 2024
IPO Close DateTuesday, March 19, 2024
Basis of AllotmentWednesday, March 20, 2024
Initiation of RefundsThursday, March 21, 2024
Credit of Shares to DematThursday, March 21, 2024
Listing DateFriday, March 22, 2024

KP Green Engineering IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)11000₹144,000
Retail (Max)11000₹144,000
HNI (Min)22,000₹288,000

KP Green Engineering: A Look Under the Hood

  • IPO Price: ₹137 – ₹144 per share
  • Issue Size: ₹189.50 crore
  • Offer Type: Fresh Issue
  • Listing Exchange: BSE SME
  • Issue Open/Close Dates: March 15-19, 2024
  • Lot Size: 1000 Shares

KP Green Engineering IPO Promoter Holding

Share Holding Pre Issue90.37%
Share Holding Post Issue66.59%

KP Green Engineering IPO Company Fundamentals

Period Ended30 Sep 202331 Mar 2023
Assets13,635.629,506.65
Revenue10,413.6411,478.50
Profit After Tax1,126.641,239.45
Reserves and Surplus2,624.033,177.38
Amount in ₹ Lakhs

KP Green Engineering IPO Company Fundamentals: Powered by Renewables

  • KP Green Engineering operates as both an Independent Power Producer (“IPP”) and a Captive Power Producer (“CPP”), offering solar power solutions under the brand name “Solarism”.
  • The company has shown promising growth, with a net profit of ₹12.40 crore on a total income of ₹114.79 crore for FY23.
  • While profitability is on the rise, the company does not have a history of paying dividends.

Like any IPO, investing in KP Green Engineering requires careful consideration of your risk tolerance and investment goals. Analyze the company’s financials, thoroughly read the IPO prospectus, and understand the inherent risks associated with the renewable energy sector. While analyst reviews offer valuable insights, consulting a financial advisor can provide personalized investment guidance.sharemore_vert

KP Green Engineering IPO Allotment Status (Registrar)

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

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Disclaimer:
Note: The information provided here is sourced from various internet outlets. For additional IPO reviews, please visit Vhindinews.

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