| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹40.54 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹40.54 Cr |
| Fresh Issue | ₹37.57 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน111.00-119.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | K2INFRA |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
K2 Infragen Limited was founded in 2015 and is an engineering, procurement and construction (EPC) company. The company was previously known as K2 Powergen Private Limited.
The company has two divisions:
1. Engineering, Procurement and Construction (EPC): This includes
2. Trading business: This includes the procurement and trading of materials such as non-ferrous metals on the open market through auction procedures.
As of March 22, 2024, the company had a total of 61 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working capital requirement | 16.00 |
| 2 | Capital Expenditure; and | 8.31 |
| 3 | General corporate purposes | 9.23 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 63.79 | 56.90 | 25.91 | 22.21 |
| Total Income | 59.68 | 74.90 | 36.85 | 35.68 |
| Profit After Tax | 6.07 | 11.32 | -3.11 | 0.22 |
| NET Worth | 25.35 | 13.92 | 1.34 | 1.15 |
| Reserves and Surplus | 16.11 | 11.65 | -0.96 | -0.47 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 23.96% |
| ROCE | 19.91% |
| Debt / Equity | 0.87% |
| RoNW | 23.9% |
| PAT Margin | 10.23% |
| Price to Book Value | 4.32 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 12.29 | 9.63 |
| P/E (x) | 9.68 | 12.36 |
| Promoter Holding | 55.29% | 40.36% |
| Market Cap | โน150.16 Cr. | |