The K2 Infragen IPO date has been confirmed as March 28, 2024, and closes on April 3, 2024. Read the post to learn about K2 Infragen IPO GMP.
Hey folks, exciting news alert for all you investment enthusiasts out there! K2 Infragen Developers is diving into the IPO scene with a massive Rs 40.54 crores in the bag! They’re setting the stage with a price band ranging from ₹111 to ₹119 per share. K2 Infragen IPO GMP Today is ₹5. Now, if you’re thinking of jumping aboard this train, here’s the lowdown: you gotta aim for at least 1200 shares, which means a cool ₹142,800 minimum investment for the retail gang. And for our High Net Worth Individuals (HNIs), it’s double the fun – they gotta roll in with a minimum of 2 lots, totaling ₹285,600.
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Key Details Of K2 Infragen IPO
Bidding Dates
Mar 28 – Apr 3
Price Range
₹111 to ₹119 per share
Face Value
₹10 per share
GMP
₹63
K2 Infragen IPO GMP
The K2 Infragen IPO GMP Today is ₹63.
K2 Infragen IPO Overview
Mark your calendars because the subscription window swings open on March 28, 2024, and shuts down on April 3, 2024. Allocation news is expected to drop by April 4, 2024, and if all goes as planned, we could see K2 Infragen hitting the listings on April 8, 2024, over at NSE SME.
K2 Infragen IPO Details
IPO Date | March 28, 2024 to April 3, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹111 to ₹119 per share |
Lot Size | 1200 Shares |
Total Issue Size | 3,406,800 shares (aggregating up to ₹40.54 Cr) |
Fresh Issue | 3,406,800 shares (aggregating up to ₹40.54 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 9,211,594 |
Share holding post issue | 12,618,394 |
Market Maker portion | 249,600 shares |
K2 Infragen Limited Financial Information
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 6,378.79 | 5,690.40 | 2,591.14 | 2,220.52 |
Revenue | 5,967.98 | 7,490.08 | 3,685.20 | 3,568.05 |
Profit After Tax | 607.45 | 1,132.32 | -311.26 | 22.49 |
Net Worth | 2,535.32 | 1,392.45 | 133.84 | 115.49 |
Reserves and Surplus | 1,611.24 | 1,165.10 | -96.26 | -46.56 |
Amount in ₹ Lakhs |
K2 Infragen IPO Timeline
IPO Open Date | Thursday, March 28, 2024 |
IPO Close Date | Wednesday, April 3, 2024 |
Basis of Allotment | Thursday, April 4, 2024 |
Initiation of Refunds | Friday, April 5, 2024 |
Credit of Shares to Demat | Friday, April 5, 2024 |
Listing Date | Monday, April 8, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2024 |
Company Profile
Now, let’s talk shop. K2 Infragen Limited, born in 2015, is all about engineering, procurement, and construction (EPC) vibes. They used to go by the name K2 Powergen Private Limited, just FYI. Their hustle falls into two main categories:
1. Engineering, Procurement, and Construction (EPC): These folks are the wizards behind a bunch of projects ranging from water supply to railroad and civil construction. They’re all about making plans and getting things done on time with top-notch quality management.
2. Trading Business: They’re into snagging and trading non-ferrous metals through some serious auction action. And as of March 22, 2024, their squad boasts a total of 61 team members. So, there you have it, folks! Keep your eyes peeled for this IPO if you’re ready to dive into the excitement!
Registrar Info
Name | Kfin Technologies Limited |
Phone number | 04067162222, 04079611000 |
Email ID | [email protected] |
Website | kosmic.kfintech.com |
Contact Details
Name | K2 Infragen Limited |
Phone number | +91 124 4896700 |
Email ID | [email protected] |
Website | k2infra.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
K2 Infragen IPO FAQs
When K2 Infragen IPO will open?
The K2 Infragen IPO opens on March 28, 2024 and closes on April 3, 2024.
What is the lot size of K2 Infragen IPO?
K2 Infragen IPO lot size is 1200 Shares, and the minimum amount required is ₹142,800.
When is K2 Infragen IPO allotment?
The finalization of Basis of Allotment for K2 Infragen IPO will be done on Thursday, April 4, 2024, and the allotted shares will be credited to your demat account by Friday, April 5, 2024.
When is K2 Infragen IPO listing date?
The K2 Infragen IPO listing date is not yet announced. The tentative date of K2 Infragen IPO listing is Monday, April 8, 2024.
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