KP Green Engineering IPO Opens On 15 Mar: Know All About It Here

Republished By Plato

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KP Green Engineering IPO description – Established in 2001, KP Green Engineering specializes in manufacturing fabricated and hot-dip galvanized steel products. The company offers diverse products, including lattice tower structures, substation structures, solar module mounting structures, cable trays, earthing strips, beam crash barriers, and other infrastructure solutions. The company offers end-to-end solutions by providing in-house fabrication and Hot Dip Galvanizing facilities for custom-made solutions.

The company is an accredited vendor with GETCO (Gujarat Energy Transmission Corporation Limited) and MSETCL (Maharashtra State Electricity Transmission Company) for up to 400 kW and 220 kW, respectively. Operating through its manufacturing facility located in Vadodara, Gujarat. As of 30 September 2023, KP Green Engineering has a total of 81 employees at its manufacturing facility and head office.

The company is planning to establish a new manufacturing plant in Matar, Bharuch. The new facility will have a capacity of over 290,000 metric tons, a significant increase from its current capacity of 53,000 metric tons at the existing plant. In addition to its existing product offerings, the company intends to introduce a new line of products, including high masts, floor gratings, pre-engineered buildings, and heavy fabrications, to meet the evolving demands of the market.

Promoters of KP Green Engineering – Dr. Farukbhai Gulambhai Patel, and Mr. Hassan Faruk Patel

KP Green Engineering IPO Details

KP Green Engineering IPO Dates	15 – 19 March 2024
KP Green Engineering Issue Price	INR 137 – 144 per share
Fresh issue	13,160,000 shares (INR 180.29 – 189.50 crore)
Offer For Sale	NIL
Total IPO size	13,160,000 shares (INR 180.29 – 189.50 crore)
Minimum bid (lot size)	1,000 shares (INR 144,000)
Face Value	INR 5 per share
Retail Allocation	35%
Listing On	BSE SME

KP Green Engineering Financial Performance

	FY 2021	FY 2022	FY 2023	H1 FY 2024
Revenue	38.61	77.70	114.21	103.93
Expenses	36.68	72.33	98.18	88.96
Net income	1.58	4.54	12.40	11.27

Figures in INR Crores unless specified otherwise

KP Green Engineering Offer News

KP Green Engineering Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	0.44	1.27	3.46
PE ratio	–	–	39.60 – 41.62
RONW (%)	9.93	22.17	37.68
NAV	4.45	5.72	9.18
ROCE (%)	13.47	21.01	42.48
EBITDA (%)	13.52	11.54	18.13
Debt/Equity	1.29	0.98	0.54

*Compiled by IPO Central from Prospectus

KP Green Engineering IPO GMP Today

KP Green Engineering IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

KP Green Engineering IPO Allotment Status

KP Green Engineering IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

KP Green Engineering IPO Dates & Listing Performance

IPO Opening Date	15 March 2024
IPO Closing Date	19 March 2024
Finalization of Basis of Allotment	20 March 2024
Initiation of refunds	21 March 2024
Transfer of shares to demat accounts	21 March 2024
IPO Listing Date	22 March 2024
Opening Price on BSE SME	Coming soon
Closing Price on BSE SME	Coming soon

KP Green Engineering Offer Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: +91 79 4918 5784
Email: [email protected]
Website: www.beelinemb.com

KP Green Engineering Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

KP GREEN ENGINEERING LIMITED
‘KP House’, Near KP Circle, Opp. Ishwar Farm Junction BRTS,
Canal Road, Bhatar, Surat, Gujarat- 395017, India
Phone: 0261 2244 757
E-mail: [email protected]
Website: www.kpgreenengineering.com