KPI Green Energy Ltd - IPO

KPI Green Energy Ltd IPO Details

Initial public offer of up to 49,92,000 equity shares of face value of Rs. 10 each (equity shares) of K.P.I.Global Infrastructure Limited (the company or the issuer) for cash at a price of Rs. 80 per equity share including a share Premium of Rs. 70 per equity share (the issue price), aggregating up to Rs. 39.94 Crores (the issue of which 2,49,600 equityShares of face value of Rs.10 each for cash at a price of Rs. 80 per equity share aggregating to Rs. 2 Crores reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market Maker reservation portion i.e. 47,42,400 equity shares of face value of Rs. 10 each for cash at a price of Rs. 80 per equity share, aggregating to Rs. 37.94 Crores is hereinafter referred to as the net issue. The issue and the net issue will Constitute 27.63% and 26.25%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 80 is 8.00 times of the face value of the equity shares. The Minimum lot size is 1,600 equity shares.

Objective of issue

To part finance setting up a 25 MW Solar Power Project at Sudi Village Samiyala Village Tanchha Village Tahchha Village located in Amod Tehsil in Bharuch District of Gujarat. General Corporate Purpose.

KPI Green Energy Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@kpgroup.co

Website - www.kpigreenenergy.com