KP Green Engineering Ltd - IPO

KP Green Engineering Ltd IPO Details

Initial public issue of 13160000 equity shares of face value of Rs. 5/- each of KP Green Engineering Limited (KPGEL or the Company or the Issuer) for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share (the Issue Price) aggregating to Rs. 189.50 crores (The Issue), of which 658000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share aggregating to Rs. 9.48 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 12502000 equity shares of face value of Rs. 5/- each at a price of Rs. 144/- per equity share including a share premium of Rs. 139/- per equity share aggregating to Rs. 180.02 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.32% and 25.00 %, respectively, of the post issue paid up equity share capital of the company. Issue Price Rs. 144 per equity share of face value Rs. 5 each.The issue price is 28.80 times of the face value

Objective of issue

Part finance the capital expenditure towards setting up of a new mfg unit to expand its current production capabilities as well as expanding its current product portfolio. General corporate purposes.

KP Green Engineering Ltd Contact Details

KP Green Engineering Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@kpgroup.co

Website - www.kpgreenengineering.com