KP Green Engineering IPO GMP Today: Last Day To Apply! Check Subscription Status, Allotment Date, Listing And Other Details (image source: iStock)
KP Green Engineering IPO GMP Today: The initial public offering of KP Green Engineering set to close its subscription window today i.e. on March 19. For interested investors, today is the last day to apply for KP Green Engineering IPO. Check the subscription status, latest GMP, allotment date, listing date and other details.
KP Green Engineering IPO Subscription Status
KP Green Engineering’s IPO subscribed 8.89 times the offered shares. The retail category subscribed over 11.24 times, while the Qualified Institutional Buyer (QIB) category was subscribed 1.97 times. The Non-Institutional Investor (NII) category subscribed 12.63 times the offered shares as of March 19, 2024, at 11:45 AM.
KP Green Engineering IPO GMP Today: Latest GMP
According to various unlisted market tracking websites. The grey market price (GMP) of KP Green Engineering is priced in the range of Rs 36 to Rs 40 per share.
KP Green Engineering IPO Issue Details
KP Green Engineering IPO, a book-built issue valued at Rs 189.50 crores, comprises entirely of a fresh issue of 131.6 lakh shares.
KP Green Engineering IPO Subscription Window Opening And Closing Date
The bidding for KP Green Engineering IPO opened for subscription on March 15, 2024, and will close on March 19, 2024.
KP Green Engineering IPO Price Band
KP Green Engineering IPO has a price band set at Rs 137 to TRs 144 per share,
KP Green Engineering IPO Minimum Investment
The minimum lot size for a KP Green Engineering IPO application is 1000 Shares. Retail investors are required to invest a minimum of Rs 144,000. For High Net Worth Individuals (HNIs), the minimum lot size investment is 2 lots (2,000 shares), totalling Rs 288,000.
KP Green Engineering IPO Allotment Date
The allotment process of KP Green Engineering IPO is anticipated to be finalized by Wednesday, March 20, 2024.
KP Green Engineering IPO Listing Date
KP Green Engineering IPO is slated to list on BSE SME on Friday, March 22, 2024.
KP Green Engineering IPO Book Running Lead Manager And Registrar
Beeline Capital Advisors Pvt Ltd serves as the book-running lead manager for the KP Green Engineering IPO, while Bigshare Services Pvt Ltd acts as the registrar. The market maker for KP Green Engineering IPO is Spread X Securities.
About KP Green Engineering
KP Green Engineering Limited was established in July 2001 and specialises in the production of fabricated and hot-dip galvanized steel products. The company’s diverse product range includes Lattice tower structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, and Beam Crash Barriers. Providing comprehensive solutions, KP Green Engineering offers in-house fabrication and Hot Dip Galvanizing facilities to tailor products according to customer specifications. Situated in Dabhasa, Vadodara, Gujarat, the company’s manufacturing facility spans an impressive 200,000 sq. ft., fully equipped with state-of-the-art CNC machinery and equipment. With ISO 9001:2015 certification, KP Green Engineering underscores its commitment to delivering superior-quality products and services, reflecting its dedication to customer satisfaction and sustained excellence. As of September 30, 2023, the company employs a total of 81 individuals across its manufacturing facility and head office, further solidifying its operational capacity and commitment to excellence.
