| IPO date | 28 Mar 2024 – 03 Apr 2024 |
| Listing date | 08 Apr 2024 |
| Price range | 111 – 119 |
| Minimum order quantity | 1200 | (D)RHP | View |
K2 Infragen Limited is launching its IPO. The offer opens for subscription on March 28, 2024, and closes on April 3, 2024.
Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on listing.
What does K2 Infragen Limited do?
K2 Powergen Private Limited, originally incorporated in 2015, underwent name changes to become K2 Infragen Private Limited in 2017 and later transformed into a Public Limited Company, K2 Infragen Limited, in 2023. Based in Delhi, the company operates as an integrated engineering, procurement, and construction (EPC) firm, specializing in Power Engineering and Project Engineering across 8 Indian states.
Certified for ISO 14001:2015, 45001:2018, and 9001:2015 standards, K2 Infragen Limited offers services encompassing design, procurement, construction supervision, subcontract management, and post-construction activities. With accreditations from various governmental departments, the company is eligible for projects in sectors like Public Works. Its in-house capabilities facilitate end-to-end project delivery with a focus on risk mitigation and talent retention. The business operates in EPC, including contract and service sectors, and trading categories.
Schedule/Timeline of K2 Infragen Limited IPO
| Issue Period | 28th March to 3rd April 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | April 04, 2024 |
| Initiation of Refunds | April 05, 2024 |
| Credit of Shares | April 05, 2024 |
| Date of Listing | April 08, 2024 |
| Mandate end date | April 18, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | May 04, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | July 03, 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 K2 Infragen Limited IPO?
You can apply for the K2 Infragen 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 K2 Infragen Limited IPO?
You can check the allotment status for the K2 Infragen Limited IPO on the website of the Registrar and Transfer agent.