IPO

K2 Infragen Ltd. IPO

K2 Infragen Ltd., established in 2015, operates in the Construction, Contracting & Engineering sector. The company's IPO opened on March 28, 2024 and closed on April 3, 2024, with an issue price of ... Read more

Min Investment
₹ 1,42,800 / 1200 shares
Price Range
₹111 - ₹ 119
Bidding Dates
28 Mar '24 - 3 Apr '24
Total Issue Value
40.54 Cr
Lot Size
1,200
Total Issue Size
40.54 Cr
Listing At
NSE SME
Subscription
33.80 times
NSE Price
160.45 (34.83%)

IPO Timeline

  • 28 Mar 2024
    Bidding Starts
  • 3 Apr 2024
    Bidding Ends
  • 4 Apr 2024
    Allotment Finalization
  • 8 Apr 2024
    Listing

About K2 Infragen Ltd.

Our business is broadly divided into below mentioned categories: 1. Engineering, Procurement and Construction (EPC) a. Contract Business b. Service Business 2. Trading Business

Parent organisation
Founded
K2 Infragen Ltd.
2015

K2 Infragen Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 9,47,160 (27.8%)
Market Makers 2,49,600 (7.33%)
Non Institutional Investors 4,73,580 (13.9%)
Qualified Institutional Buyers (QIBs) 6,31,440 (18.53%)
Retail Individual Investors (RIIs) 11,05,020 (32.44%)

K2 Infragen Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 109.25 Cr 12.50 Cr 22.63 Cr
31 Mar 2023 66.66 Cr 11.28 Cr 11.71 Cr
31 Mar 2022 20.29 Cr -3.00 Cr -84.15 Lakh

K2 Infragen Ltd. Background

Our Company was originally incorporated as ‘K2 Powergen Private Limited’ under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated March 5, 2015 bearing Registration Number 277561 issued by Registrar of Companies, Delhi. Subsequently the name of our Company ...

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Major Events And Milestones
  • 2015
    Company Incorporation
    First Billing - L&T (Shrimadhopur Project)
  • 2016
    Application for K2 Trademark
  • 2017
    Name Change from K2 Powergen Private Limited to K2 Infragen Private Limited
  • 2018
    Received first more than Rs. 500 Lakhs Project from GR Infraprojects Limited
    First Machinery Purchase (4 Tippers (Tata) & 1 Excavator (Hyundai))
  • 2020
    K2 Cloud Private Limited Incorporation (Associate Company)
    Registration in MSME
    Received registration for K2 Logo (From ™ to ®)
  • 2022
    Received Rs.16,300 lakhs Water Project from Vindhya Telelinks Limited
K2 Infragen Ltd. Object of Issues

1. Working capital requirement
2. Acquisition of Plant and Machinery
3. General corporate purposes

K2 Infragen Ltd. IPO Listing Details
Listing Date
8 Apr 2024
NSE Symbol
K2INFRA
ISIN
INE0DEZ01013
Final Issue Price
₹ 119
K2 Infragen Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 119.00
Open - ₹ 167.00
Low - ₹ 158.65
High - ₹ 175.35
Last Trade - ₹ 173.25
K2 Infragen Ltd. Company Promoters

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

Industry Overview

INDIAN INFRASTRUCTURE INDUSTRY
The India Infrastructure Sector Market size is expected to grow from USD 186.24 billion in 2023 to USD 294.12 billion by 2028, at a CAGR of 9.57% during the forecast period (2023-2028).

The backbone of the Indian economy, the infrastructure sector, is ... Read more

K2 Infragen Ltd. Contact Details
Address: 801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram Haryana - 122018
Phone no:4896700
4896700
|
K2 Infragen Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium, Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad Telangana - 500032
67162222
K2 Infragen Ltd. IPO Lead Manager(s)
Expert Global Consultants Pvt. Ltd.
1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi Delhi - 110034
45098234

FAQs

When does K2 Infragen Ltd. IPO opens and closes?

K2 Infragen Ltd. IPO opens from 28th March to 3rd April 2024.

What is the size of K2 Infragen Ltd. IPO?

The size of the K2 Infragen Ltd. IPO is ₹40.54 Cr.

What is the price range of K2 Infragen Ltd. IPO?

The price range of K2 Infragen Ltd. IPO is at ₹111 to ₹119 per share.

What is the minimum investment and lot size required for the K2 Infragen Ltd. IPO?

The minimum investment required is ₹1,42,800 and minimum lot size is 1200 shares.

When is K2 Infragen Ltd. IPO listing date?

The K2 Infragen Ltd. IPO will be listed on 8th April 2024.

What is the objective of K2 Infragen Ltd. IPO?

1. Working capital requirement
2. Acquisition of Plant and Machinery
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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