Invest in K2 Infragen Limited IPO (K2 Infragen IPO)

Invest in K2 Infragen Limited IPO (K2 Infragen IPO) - March 28 to April 3, 2024

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IPO Details:

- Issue Size: Rs 40.54 crores

- Fresh Issue:34.07 lakh shares

- Opening Date: March 28, 2024

- Closing Date: April 3, 2024

- Allotment Date: April 4, 2024

- Listing Date: April 8, 2024

Price Band: ₹111 to ₹119 per share

Investment Details:

- Lot Size: 1200 Shares

- Retail Investors: Minimum investment ₹142,800

- HNI: Minimum investment 2 lots (2,400 shares) amounting to ₹285,600

Key Players:

- Lead Manager: Expert Global Consultants Private Limited

- Registrar: Kfin Technologies Limited

- QIB: Not more than 50.00% of the Net offer

- Retail: Not less than 35.00% of the Offer

- NII (HNI): Not less than 15.00% of the Offer

Anchor Investors:

- Raised Rs 11.27 crore

- Anchor bid date: March 27, 2024

IPO Timeline:

- Opens: March 28, 2024

- Closes: April 3, 2024

- Allotment: April 4, 2024

- Refunds: April 5, 2024

- Listing: April 8, 2024

Lot Size Calculator:

- Retail (Min): 1 lot (1200 shares) - ₹142,800

- Retail (Max): 1 lot (1200 shares) - ₹142,800

- HNI (Min): 2 lots (2,400 shares) - ₹285,600

Promoter Holding:

- Promoters: Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal, Mr. Sarvajeet Singh

- Share Holding Pre Issue: 55.29%

- Share Holding Post Issue: 40.36%

About K2 Infragen Limited:

- Founded in 2015

- Engineering, Procurement, and Construction (EPC) company

- Formerly known as K2 Powergen Private Limited

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