K2 Infragen Ltd
Price Range
₹111 - ₹119
Min. Quantity
1,200
Closes on
3 April 2024
Min. investment
₹1,42,800/1,200 Shares
K2 Infragen Ltd IPO Timeline
K2 Infragen Ltd was originally incorporated as K2 Powergen Private Limited' under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated March 5, 2015. Subsequently the name of the 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 the Company dated March 14, 2017 by Registrar of Companies Registrar of Companies, Delhi. Subsequently the 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 and consequently the name of the Company was changed from K2 Infragen Private Limited' to K2 Infragen Limited'
| Event | Date |
|---|---|
| K2 Infragen Ltd IPO Opening Date | 28 March 2024 |
| K2 Infragen Ltd IPO Closing Date | 3 April 2024 |
| Basis of Allotment | 4 April 2024 |
| Initiation of Refunds | 5 April 2024 |
| Credit of Shares to Demat | 5 April 2024 |
| K2 Infragen Ltd IPO Listing Date | 8 April 2024 |
K2 Infragen Ltd IPO Details
| K2 Infragen Ltd IPO Date | 28 March 2024 to 3 April 2024 |
| K2 Infragen Ltd IPO Face Value | ₹10 per share |
| K2 Infragen Ltd IPO Price | ₹111 to ₹119 per share |
| K2 Infragen Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹40.54 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹40.54 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pankaj Sharma, Priya Sharma, Rajesh Tiwari |
K2 Infragen Ltd IPO Lot Size
The K2 Infragen Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,42,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,42,800 |
| Maximum | 1 | 1,200 | ₹1,42,800 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
K2 Infragen Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 101.26 | 109.26 | 12.50 |
| 03-2023 | 56.93 | 66.66 | 11.28 |
| 03-2022 | 25.1 | 20.29 | -3.00 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirement
- Capital Expenditure
- General Corporate Purposes
K2 Infragen Ltd IPO Promoter Holding
| Pre Issue Share Holding | 21.05% |
| Post Issue Share Holding | 15.36% |
K2 Infragen Ltd IPO Subscription Status (Bidding Detail)
The K2 Infragen Ltd IPO is subscribed 33.4667 times on 3 April 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 33.4667 |
K2 Infragen Ltd IPO Prospectus
K2 Infragen Ltd IPO Listing Date
| Listing Date | 8 April 2024 |
| BSE Script | 92648 |
| NSE Symbol | K2INFRA |
| Listing In | NSE - SME |
| ISIN | INE0DEZ01013 |
| IPO Price | ₹119 |
| Face Value | ₹10 |
Company Contact Information
801 A B & 802 A B C 8th FloorWelldone Techpark Sohna Road,Gurugram-122018
Phone: +91 124 4896 700
Email: cs@k2infra.com
Website: www.k2infra.com
K2 Infragen Ltd IPO Registrar
K2 Infragen Ltd IPO Lead Manager(s)
- Expert Global Consultants Pvt Ltd
FAQ
What is the issue size of K2 Infragen Ltd IPO?
I have pre-applied for K2 Infragen Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.