KP Green Engineering IPO Date, Review, Price, Allotment Details

KP Green Engineering is a solar energy producing Company all in favour of offering solar energy, each as an Independent Power Producer (“IPP”) below the logo identify of ‘Solarism’ and as a Captive Power Producer (“CPP”). They construct, personal, function, and handle grid-connected solar energy tasks as IPP and generate income through getting into into Power Purchase Agreements (“PPA”) with 3rd events for promoting energy gadgets generated thru their sun tasks. They broaden, switch, function, and handle grid-connected solar energy tasks for CPP shoppers and generate income through promoting those tasks to 3rd events for his or her captive use necessities. Both those companies, IPP and CPP, are lately performed at their plant positioned at Sudi & Tanchha village, Amod, Bharuch, Gujarat (Solarism Plant). The Company has additionally established a ~13.25 km lengthy 66 KV transmission line from their Solarism Plant to the Gujarat Energy Transmission Corporation Limited (“GETCO”) substation positioned at Amod, Bharuch, Gujarat (Amod Substation), for evacuation of the solar energy generated at their Solarism Plant.

They suggest to extend their solar energy era capability through putting in any other solar energy undertaking for 25 MW at Sudi, Samiyala & Tanchha village, Amod, Bharuch, Gujarat (Referred to as Unit II). The estimated price of this undertaking can be `13,203.76 Lakh and the proposed date of industrial graduation is July 2019. They have entered into both PPAs or Letter of Intent (LOI) with shoppers for the proposed sale of energy of 25 MW. Post the industrial graduation, their overall solar energy era capability would build up to 40 MW.

They have entered into bilateral PPA’s for three years with reputed business shoppers comparable to Mafatlal Industries Limited (for his or her two gadgets positioned at Navsari and one unit positioned at Nadiad), Best Paper Mills Private Limited (for his or her two gadgets positioned at Vapi) and Meghmani Organics Limited (for his or her 3 gadgets positioned at Dahej, Ankleshwar and Panoli) for direct sale of the solar energy generated at their Solarism Plant. The price in their PPAs is lately at round ~` 6.58 in line with unit, which has been priced to reach at a median of round 7% cut price to the present in line with unit value of the facility charges of the DISCOMs, much less different changes.

Objects of the Issue:

• Part finance the capital expenditure against putting in of a brand new production unit to amplify its present manufacturing features in addition to increasing our present product portfolio.
• General Corporate Purposes

KP Green Engineering IPO Review

KP Green Engineering IPO Date & Price Band Details

KP Green Engineering IPO Market Lot

The KP Green Engineering IPO minimal marketplace lot is 1000 stocks with a ₹144,000 software quantity.

KP Green Engineering IPO Dates

The KP Green Engineering IPO date is March 15 and the IPO shut date is March 19. The IPO allotment date is March 2024 and the IPO may checklist on March 2024.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

KP Green Engineering IPO Form

How to use KP Green Engineering IPO? You can observe KP Green Engineering IPO by way of ASBA to be had for your checking account. Just move to the net financial institution login and observe by way of your checking account through settling on the KP Green Engineering IPO within the Invest segment. The different possibility you’ll be able to observe KP Green Engineering IPO by way of IPO paperwork obtain by way of the BSE website online. Check out the KP Green Engineering paperwork – click on BSE IPO Forms obtain, fill and put up for your financial institution or together with your dealer.

KP Green Engineering Company Financial Report

KP Green Engineering IPO Valuation – FY2023

Check KP Green Engineering IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Salasar Techno Engineering Ltd
• Skipper Ltd

• Dr. Farukbhai Gulambhai Patel
• Mr. Hassan Faruk Patel

KP Green Engineering IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

KP Green Engineering IPO Allotment Status

Check KP Green Engineering IPO allotment standing on Bigshare website online URL. Click Here

KP Green Engineering IPO Lead Managers aka Merchant Bankers

• Beeline Capital Advisors Private Limited

Company Address

KP Green Engineering Limited
‘KP House’, Opp. Ishwar Farm Junction BRTS
Near Bliss IVF Circle
Canal Road, Bhatar
Surat, Gujarat-395017, India
Website: www.kpgreenengineering.com
Phone : 0261 2244 757
E-Mail:[email protected]

KP Green Engineering IPO FAQs

Note: The KP Green Engineering IPO main points are introduced formally. The IPO gray marketplace top rate (KP Green Engineering IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.