KP Green Engineering shares list at Rs. 200, hit upper circuit to close at Rs. 210
Film actor Suraj Pancholi named as brand ambassador of KP Green Engineering Surat (Gujarat) [India], March 23: The listing ceremony of the shares of KP Green Engineering Limited on BSE was organised in Surat on Friday, marking the first time a company has been listed in the city. KP Group CMD and Promoter Dr Faruk G Patel rang the bell to mark the listing of KP Green Engineering’s shares on BSE. The shares of KP Green Engineering listed at Rs. 200, 38% higher than the issue price of Rs. 144. The shares closed at the upper circuit of Rs. 210, giving the company a market capitalisation of Rs. 1,050 crore. Speaking on the occasion, Dr Patel said, “We are thrilled by the excellent listing and the tremendous response to our IPO. The IPO was oversubscribed 29.58 times with bids of ...
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