K2 Infragen IPO GMP, Review, Price, Allotment

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K2 Infragen IPO GMP

K2 Infragen IPO description – K2 Infragen is an integrated engineering, procurement, and construction (EPC) company specializing in Power Engineering and Project Engineering. It has extensive experience in the design and construction of various projects across 8 States in India, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab, and Delhi. The company was formerly known as K2 Powergen Private Limited.

The company offers its services across the entire value chain, encompassing design, procurement, construction supervision, subcontract management, work order management, and post-construction activities for its clients. As of 31 October 2023, the company’s equipment base consisted of over 13 Construction & Mining Machinery and 24 vehicles. The business is broadly divided into the following two categories:

  1. Engineering, Procurement, and Construction (EPC)
    Contract Business: This category encompasses water supply projects, railroad projects, road construction projects, and civil construction work.
    Service Business: This category includes planning work, surveying, project management, and quality supervision.
  2. Trading Business: This category involves the procurement and trading of materials such as non-ferrous metals on the open market through auction procedures.
K2 Infragen

Promoters of K2 Infragen – Mr. Pankaj Sharma, Ms. Priya Sharma, Mr. Rajesh Tiwari, Mr. Rajiv Khandelwal, and Mr. Sarvajeet Singh


K2 Infragen IPO Details

K2 Infragen IPO Dates28 Mar – 3 Apr 2024
K2 Infragen Issue PriceINR 111 – 119 per share
Fresh issue3,406,800 shares (INR 37.82 – 40.54 crore)
Offer For SaleNIL
Total IPO size3,406,800 shares (INR 37.82 – 40.54 crore)
Minimum bid (lot size)1,200 shares (INR 142,800)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

K2 Infragen Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue35.4736.5774.7959.39
Expenses35.1739.8859.6651.40
Net income0.23(3.11)11.326.07
Figures in INR Crores unless specified otherwise

K2 Infragen Offer News


K2 Infragen Valuations & Margins

FY 2021FY 2022FY 2023
EPS0.69(6.04)15.40
PE ratio7.21 – 7.73
RONW (%)23.60(253.70)81.40
NAV62.04
ROCE (%)8.41(4.98)46.22
EBITDA (%)7.401.4025.76
Debt/Equity 15.8715.401.71
*Compiled by IPO Central from Prospectus

K2 Infragen IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
6 April 20243830,000
5 April 20243530,000
4 April 20243328,000
3 April 20243026,000
2 April 20243026,000
1 April 20243026,000
30 March 20243026,000
29 March 20243026,000
28 March 20242523,000
27 March 20242020,000
26 March 20242020,000

K2 Infragen IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered631,200474,0001,105,2002,210,400
3 Apr 202423.37114.2638.9150.63
2 Apr 20240.864.286.924.62
1 Apr 20240.861.172.221.60
28 Mar 20240.860.740.890.85

The market maker reservation portion of 249,600 shares is not included in the above calculations.


K2 Infragen IPO Allotment Status

K2 Infragen IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.


K2 Infragen IPO Dates & Listing Performance

IPO Opening Date28 March 2024
IPO Closing Date3 April 2024
Finalization of Basis of Allotment4 April 2024
Initiation of refunds5 April 2024
Transfer of shares to demat accounts5 April 2024
IPO Listing Date8 April 2024
Opening Price on NSE SMEINR 167 per share (up 40.34%)
Closing Price on NSE SMEINR 173.25 per share (up 45.59%)

K2 Infragen Offer Lead Manager

EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 011 4509 8234
Email: [email protected]
Website: www.expertglobal.in


K2 Infragen Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


K2 Infragen IPO Contact Details

K2 INFRAGEN LIMITED
801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark,
Sohna Road, Gurugram, Haryana – 122018
Phone: +91 124 4896700
E-mail: [email protected]
Website: www.k2infra.com


IPO FAQs

What is the K2 Infragen offer size?

K2 Infragen offer size is INR 37.82 – 40.54 crores.

What is the K2 Infragen offer price band?

K2 Infragen public offer price is INR 111 – 119 per share.

What is the lot size of the K2 Infragen IPO?

K2 Infragen offer lot size is 1,200 shares.

What is K2 Infragen IPO GMP today?

K2 Infragen IPO GMP today is INR 38 per share.

What is the K2 Infragen kostak rate today?

K2 Infragen kostak rate today is NA per application.

What is K2 Infragen Subject to Sauda rate today?

K2 Infragen are Subject to the Sauda rate today is INR 30,000 per application.

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