KP Green Engineering Limited
Book Built Issue IPO · BSE
- Price band
- ₹137 - ₹144
- Lot size
- 1,000 shares
- Issue amount
- ₹189.5 cr
- Total subscription
- 29.58×
- Opens
- 15 Mar 2024
- Closes
- 19 Mar 2024
- Allotment
- 20 Mar 2024
- Listing
- 22 Mar 2024
Offer at a glance
Issue overview
- Issue size
- 1,31,60,000 shares
- Face value
- ₹5 Per Equity Share
- Minimum investment
- ₹1,37,000
- Fresh issue
- ₹189.5 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,44,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 3,68,40,000
- Shares after issue
- 5,00,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,44,000 |
| HNI | 2 | 2,000 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 36 | 1,146.93 |
| RETAIL | 63.01 | 1,268.12 |
| NIB | 27.01 | 1,312.33 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.14 | 3.46 | 1.27 |
| ROE | 29.24 | 46.43 | 24.93 |
| ROCE | 23.05 | 42.48 | 21.01 |
| RONW | 25.51 | 37.68 | 22.17 |
| PRE IPO(PE) | 11.69 | 0 | 0 |
| POST IPO(PE) | 42.8 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
KP Green Engineering Limited is a leading player in the engineering and steel structure manufacturing sector, operating a cutting-edge facility spanning over 2+ lakh sq. ft., with an additional unit in Matar, Bharuch set to become fully operational by 2024-25, adding 1.20 lakh sq. mtr of factory space. Equipped with advanced machinery for drilling, welding, laser cutting, plasma operations, high-speed solar machines, W/Thrie beam manufacturing, and a hot-dip galvanizing facility, the company delivers high-quality solutions across transmission, telecom, solar industries, and highway crash barriers. Expanding into infrastructure segments such as bridges, railway structures, and high masts, KP Green Engineering remains committed to supporting India’s renewable energy and infrastructure growth with its strong capacity, technological expertise, and unwavering dedication to excellence.
Strengths
- Founder-Led Advantage: A strong vision and hands-on leadership often drive innovation and long-term strategic planning.
- Experienced Leadership: A professional leadership team ensures informed decision-making, risk mitigation, and operational efficiency.
- Execution Strength: Effective project execution enhances credibility, customer satisfaction, and competitive positioning.
- Financial Stability: Consistent financial performance provides the company with the resources to invest in growth and navigate economic fluctuations.
Risk factors
- Litigation Risk: Legal proceedings can lead to financial liabilities, reputational damage, and management distractions, affecting business continuity.
- Regional Dependency: Overreliance on Gujarat exposes the company to localized risks; diversification into other regions could mitigate this vulnerability.
- Customer Concentration: Depending on a few key customers increases revenue instability; expanding the customer base can enhance financial resilience.
- Cash Flow Challenges: Negative cash flows could limit the company’s ability to reinvest and grow, making working capital management critical.
Promoters
Dr. Farukbhai Gulambhai Patel
Mr. Hassan Faruk Patel
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
KP House', Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat-395017
0261 2244 757
[email protected]Company website ↗Understanding KPGEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.