K2 Infragen IPO Details Today, GMP Price, Date, Review

K2 Infragen IPO Subscription Status, Rate
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OUR BUSINESS

K2 Infragen was originally incorporated as ‘K2 Powergen Private Limited’ under the provisions of Companies Act, 2013 Certificate of Incorporation dated March 5, 2015 bearing Registration Number 277561 issued by Registrar of Companies, Delhi. Subsequently the name of our Company was changed from ‘K2 Powergen Private Limited’ to ‘K2 Infragen Private limited’ vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on February 13, 2017 vide fresh Certificate of Incorporation granted pursuant to change of name to our Company dated March 14, 2017 by Registrar of Companies, Delhi. Subsequently our Company was converted into a Public Limited Company vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on September 28, 2023.

 

Our business is broadly divided into below mentioned categories:

1.Engineering, Procurement and Construction (EPC)

  •  Contract Business
  •  Service Business

2.Trading Business

K2 INFRAGEN LIMITED IPO DATE & PRICE BAND DETAILS

IPO Open Date Mar 28, 2024
IPO Close Date April 3, 2024
IPO Size 3,406,800 shares (Approx ₹40.54 Cr)
Fresh Issue 3,406,800 shares (Approx ₹40.54 Cr)
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹111 to ₹119 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

K2 INFRAGEN LIMITED IPO MARKET LOT DETAILS

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹142,800
Retail Maximum 1 1200 ₹142,800
S-HNI Minimum 2 2400 ₹285,600

OBJECT OF ISSUE

  • Working capital requirement.
  •  Capital Expenditure.
  •  General corporate purposes.

K2 INFRAGEN LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open Date Mar 28, 2024
IPO Close Date April 3, 2024
Basis of Allotment April 4, 2024
Refunds April 5, 2024
Credit to Demat Account April 5, 2024
IPO Listing Date April 8, 2024

K2 INFRAGEN LIMITED FINANCIAL REPORTS

₹ in Crores
Year Revenue Expense PAT
2023 6Month ₹59.68 ₹51.40 ₹6.07
2023 ₹74.90 ₹59.66 ₹11.32
2022 ₹36.85 ₹39.88 ₹3.11
2021 ₹35.68 ₹35.17 ₹0.22

QUALITATIVE FACTORS

  • Experienced Promoters having deep domain knowledge to scale up the business.
  • Diversified Clientele.
  • Management team having established track record.
  • Established track record of successfully completed projects.
  • In-house integrated model.

K2 INFRAGEN LIMITED IPO PEER COMPARISON

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Markolines Pavement Technologies Ltd 10 8.24 12.68 18.35 44.91 31,180.00
W S Industries (India) Ltd 10 4.45 8.16 30.24 15.54 7,967.25
Udayshivakumar Infra Ltd 10 4.37 N/A 11.11 25.52 28,689.81
Advait Infratech Ltd 10 15.59 17.91 19.60 50.01 10,151.47

OUR COMPANY PROMOTER

  1. Mr. Pankaj Sharma,
  2. Ms. Priya Sharma,
  3. Mr. Rajesh Tiwari,
  4. Mr. Rajiv Khandelwal and
  5. Mr. Sarvajeet Singh.

K2 INFRAGEN LIMITED COMPANY CONTACT DETAILS

801 A, B & 802 A, B, C, 8
th Floor, Welldone Techpark,
Sohna Road, Gurugram, Haryana –
122 018, India.
Telephone number +91 124 4896700
Email-ID cs@k2infra.com
Website www.k2infra.com

K2 INFRAGEN LIMITED IPO REGISTAR

Kfin Technologies Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Toll Free No: 1800 309 4001
Email: k2infragen.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Contact Person: Mr. M Murali Krishna
Website: www.kfintech.com

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