| IPO date | 15 Mar 2024 – 19 Mar 2024 |
| Listing date | 22 Mar 2024 |
| Price range | 137 – 144 |
| Minimum order quantity | 1000 | (D)RHP | View |
KP Green Engineering Limited is launching its IPO. The IPO opens for subscription on 15th March 2024 and will close on 19th March 2024.
Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on listing.
What does KP Green Engineering Limited do?
Incorporated in 2001, KP Green Engineering Limited is engaged in the manufacturing of fabricated and hot-dip galvanized steel products. Their product portfolio includes Lattice tower structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers, and other infrastructure solution products.
The company is a part of Gujarat-based KP Group which has been operating nearly 30 companies across India since 1994. KP Group is diversified into various sectors including fabrication and galvanizing, renewable energy sector (Solar & Wind), Telecom Infrastructure (Telecom Towers and OFC Network set up), and Green Hydrogen and Ammonia.
Schedule/Timeline of KP Green Engineering Limited IPO
| Issue Period | 15th March to 19th March 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | March 20, 2024 |
| Initiation of Refunds | March 21, 2024 |
| Credit of Shares | March 21, 2024 |
| Date of Listing | March 22, 2024 |
| Mandate end date | April 03, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | April 20, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | June 20, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the KP Green Engineering Limited IPO?
You can apply for the KP Green Engineering Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the KP Green Engineering Limited IPO?
You can check the allotment status for the KP Green Engineering Limited IPO on the website of the Registrar and Transfer agent.