May 16, 2024
K2 Infragen Ipo
K2 Infragen IPO

 

K2 Infragen IPO description – K2 Infragen is an integrated engineering, procurement, and construction (EPC) company specializing in Power Engineering and Project Engineering. It has extensive experience in the design and construction of various projects across 8 States in India, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab, and Delhi. The company was formerly known as K2 Powergen Private Limited.

The company offers its services across the entire value chain, encompassing design, procurement, construction supervision, subcontract management, work order management, and post-construction activities for its clients. As of 31 October 2023, the company’s equipment base consisted of over 13 Construction & Mining Machinery and 24 vehicles. The business is broadly divided into the following two categories:

  1. Engineering, Procurement, and Construction (EPC)
    Contract Business: This category encompasses water supply projects, railroad projects, road construction projects, and civil construction work.
    Service Business: This category includes planning work, surveying, project management, and quality supervision.
  2. Trading Business: This category involves the procurement and trading of materials such as non-ferrous metals on the open market through auction procedures.

K2 Infragen IPO Details

K2 Infragen IPO Dates 28 Mar – 3 Apr 2024
K2 Infragen Issue Price INR 111 – 119 per share
Fresh issue 3,406,800 shares (INR 37.82 – 40.54 crore)
Offer For Sale NIL
Total IPO size 3,406,800 shares (INR 37.82 – 40.54 crore)
Minimum bid (lot size) 1,200 shares (INR 142,800)
Face Value  INR 10 per share
Retail Allocation 35%
Listing On NSE SME

 

K2 Infragen IPO Timetable

IPO Opening Date 28 March 2024
IPO Closing Date 3 April 2024
Finalization of Basis of Allotment 4 April 2024
Initiation of refunds 5 April 2024
Transfer of shares to demat accounts 5 April 2024
IPO Listing Date 8 April 2024

 

 

 

 

K2 Infragen IPO Financials Performance ( Results )

                                                                                                                                          All Amount in ₹ Lakhs

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

 

 

K2 Infragen Valuations & Margins

FY 2021 FY 2022 FY 2023
EPS 0.69 (6.04) 15.40
PE ratio 7.21 – 7.73
RONW (%) 23.60 (253.70) 81.40
NAV 62.04
ROCE (%) 8.41 (4.98) 46.22
EBITDA (%) 7.40 1.40 25.76
Debt/Equity 15.87 15.40 1.71

K2 Infragen IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

 

 

K2 Infragen IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 ₹142,800
Retail (Max) 1 1200 ₹142,800
HNI (Min) 2 2,400 ₹285,600

 

K2 Infragen IPO Subscription Status (Bidding Detail)

Category Subscription
QIB 0.00x
NII 0.00x
Retail 0.00x
Total 0.00x

 

K2 Infragen IPO GMP Live Update

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
26-03-2024 119.00 ₹18  arrow up 16400 ₹137 (0%) 26-Mar-2024 9:56
25-03-2024 119.00 ₹18  arrow up 16400 ₹137 (0%) 26-Mar-2024 0:33
24-03-2024 119.00 ₹18  arrow up 16400 ₹137 (15.13%) 25-Mar-2024 0:29
23-03-2024 119.00 ₹12  arrow up 10900 ₹131 (10.08%) 24-Mar-2024 0:32
22-03-2024 119.00 ₹5 line 4600 ₹124 (4.2%) 23-Mar-2024 0:26

K2 Infragen Offer Lead Manager

EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 011 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in

 

K2 Infragen Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: k2infragen.ipo@kfintech.com
Website: www.kfintech.com

K2 Infragen IPO Contact Details

K2 INFRAGEN LIMITED
801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark,
Sohna Road, Gurugram, Haryana – 122018
Phone: +91 124 4896700
E-mail: cs@k2infra.com
Website: www.k2infra.com

 

 

IPO FAQs

What is the K2 Infragen offer size?

K2 Infragen offer size is INR 37.82 – 40.54 crores.

 

What is the K2 Infragen offer price band?

K2 Infragen public offer price is INR 111 – 119 per share.

What is the lot size of the K2 Infragen IPO?

K2 Infragen offer lot size is 1,200 shares.

What is K2 Infragen IPO GMP today?

K2 Infragen IPO GMP today is INR NA per share.

 

What is the K2 Infragen kostak rate today?

K2 Infragen kostak rate today is NA per application.

What is K2 Infragen Subject to Sauda rate today?

K2 Infragen are Subject to the Sauda rate today is INR NA per application.

 

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