Business Standard

K2 Infragen Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

40.54 cr

Price Range (₹)

119

Lot Size

1200

Min Investment (₹)

1,42,800.00

Listing Exchange

NSE - SME

Open Date

28-Mar-2024

Close Date

03-Apr-2024

Listing Date

08-Apr-2024

K2 Infragen Ltd News

    The Shares of K2 Infragen Ltd have now been listed.

    K2 Infragen Ltd IPO Details

    Initial public issue of upto 34,06,800 equity shares of face value of Rs. 10/- each of K2 Infragen Limited (the Company or the Issuer) for cash at a price of Rs. 119 per equity share including a share premium of Rs. 109 per share (the Issue Price) aggregating to Rs. 40.54 (The Issue), of which up to 2,49,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 119 per equity share including a share premium of 109 per equity share aggregating to Rs. 2.97 is 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 31,57,200 equity shares of face value of 10/- each at a price of Rs. 119 per equity share aggregating to Rs. 37.57 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.00% and 25.02% respectively of the post issue paid up equity share capital of the company. The Offer Price is Rs. 119 per equity share of face value of Rs. 10 each.The Offer price is 11.9 times of the face value.Bid can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

    Objective of issue

    Working Capital Requirement. Capital Expenditure. General Corporate Purposes.

    K2 Infragen Ltd Contact Details

    K2 Infragen Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@k2infra.com

    Website - www.k2infra.com