Business NewsFarukpatelFinanceipoKP Green EngineeringKpgroupKPIKPI GreenPNN NewsPress Release

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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Business NewsFinanceKP Green Engineering LimitedKPIKPI GroupPNN NewsPress ReleaseSME IPO

KP Green Engineering Limited’s SME Initial Public Offering set to open on Friday, March 15th, 2024, price band set at Rs 137 to Rs 144 per Equity Share

Price Band of ₹137 /- to – ₹144/- per equity share bearing face value of ₹5/- each (“Equity Shares”) Bid/Offer Opening Date – Friday, March 15th, 2024 and Bid/Offer Closing Date – Tuesday, March 19th, 2024. Minimum Bid Lot is 1000 Equity Shares and in multiples of 1000 Equity Shares thereafter. The Floor Price is 27.4 times the face value of the Equity Share and the Cap Price is 28.8 times the face value of the Equity Share Total Issue Size at Cap Price: Rs 189.50 crs – Largest SME IPO Offering in the History of Capital Markets Mumbai/Surat (India), March 9:  Gujarat-based KP Green Engineering Limited, manufacturer of hot-dip galvanized steel structures, has fixed the price band of ₹137/- to ₹144/- per Equity Share of face value ₹5/- each for its maiden initial public off...

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