K2 Infragen IPO

by
K2 Infragen IPO

K2 Infragen IPO is planning to raise ₹40.54 Crores through its IPO, Fresh issue of 34.07 lakh shares.

Subscription opened on 28 Mar,2024 and closed on 3 Apr,2024. The allotment result is expected on Thursday, 4 Apr,2024. The listing date on NSE and SME is scheduled for Monday, 8 Apr,2024.

The K2-Infragen IPO share prices are set in the range of ₹111 to ₹119 per share. Retail investors need a minimum investment of ₹142,800 for a lot size of 1200 shares. For HNI, the minimum lot size investment is 2 lots (2,400 shares), amounting to ₹285,600.

Table of Contents

IPO GMP

Today, the Gray Market Premium (GMP) for K2-Infragen IPO is ₹40. After the allotment is announced, you can check your status on the website: https://kosmic.kfintech.com/ipostatus/.

For more information about the GMP of the K2 Infragen, please read our blog here.

IPO Details

Date28 Mar 2024 to 3 Apr 2024
Listing Date8 Apr 2024
Price Band₹111 to ₹119/ share
Lot Size1200 Shares
Total Issue Size3,406,800 shares
(around ₹40.54 Cr)
Fresh Issue3,406,800 shares
(around ₹40.54 Cr)
Share holding pre issue9,211,594
Share holding post issue12,618,394

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)11200₹142,800
Retail (Max)11200₹142,800
HNI (Min)22,400₹285,600

IPO Anchor Investors Details

K2 Infragen IPO secures ₹11.27 Cr. from anchor investors. Anchor bidding took place on Mar 27, 2024. For List of Anchor Investors Click here.

Bid Date27 Mar 2024
Shares Offered946,800
Anchor Portion Size11.27 Cr.
End of Lock-in Period: 50% Shares (30 Days)4 May
2024
End of Lock-in Period: Remaining Shares (90 Days)3 Jul 2024

IPO Timeline

IPO Open Date28 Mar 2024
IPO Close Date3 Apr 2024
Basis of Allotment4 Apr 2024
Initiation of Refunds5 Apr 2024
Credit of Shares to Demat5 Apr 2024
Listing Date8 Apr 2024
Cut-off time for UPI mandate3 Apr 2024
(5 PM)

IPO Reservation Quota

Investor TypeShares Offered (%)
Anchor Investor27.79%
Market Maker Shares7.33%
QIB Quota18.53%
Retail Quota32.44%
NII Quota13.91%

Key Performance Indicator

KPIValues
ROE23.96%
ROCE19.91%
Debt/Equity0.87
RoNW23.9%
P/BV4.32

IPO Financial’s Information ( Value in ₹ Lakhs. )

Period EndedSep 2023Mar 2023Mar 2022Mar 2021
Assets6,378.795,690.402,591.142,220.52
Revenue5,967.987,490.083,685.203,568.05
Profit After Tax607.451,132.32-311.2622.49
Net Worth2,535.321,392.45133.84115.49
Reserves and Surplus1,611.241,165.10-96.26-46.56

IPO Objectives

  • Operational funding needs
  • Capital Expenditure.
  • General corporate needs.

FAQs

What is the GMP for K2 Infragen IPO today?

Today, the Gray Market Premium for IPO is ₹40.

What is the expected return for the K2 Infragen IPO today?

The expected return for the K2 Infragen’s IPO today is 33.61%.

When is the start date for applying to the K2 Infragen IPO?

The start date for applying to the K2 Infragen IPO’s 28 Mar,2024.

When is the end date for applying to the K2 Infragen IPO‘s?

The end date for applying to the IPO is 3 Apr,2024.

When is the allotment date for the K2 Infragen IPO?

The allotment date for the IPO is 4 Apr,2024.

When is the listing date for the K2 Infragen IPO?

The listing date for the K2 Infragen’s IPO is 8 Apr,2024.

Where can I check the allotment status of K2 Infragen IPO once it is announced?

You can check the allotment status at https://kosmic.kfintech.com/ipostatus/.