Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Thu, Jun 30, 2016 - Thu, Jul 7, 2016
KKV Agro Powers IPO is a fixed price issue of ₹3.58 crores. The issue is entirely a fresh issue of 0.01 crore shares of ₹3.58 crore.
KKV Agro Powers IPO bidding started from Jun 30, 2016 and ended on Jul 7, 2016. The shares got listed on NSE SME on Jul 14, 2016.
KKV Agro Powers IPO price is ₹320 per share.
Karvy Investor Services Ltd. is the book running lead manager and S.K.D.C.Consultants Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to KKV Agro Powers IPO RHP for detailed Information.
IPO Open
Thu, Jun 30, 2016
IPO Close
Thu, Jul 7, 2016
Issue Price
₹320 per share
Market Cap (Pre-IPO)
₹11.61 Cr
| IPO Date | 30 Jun to 7 Jul, 2016 |
| Listed on | Thu, Jul 14, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹320 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 1,12,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 5,600 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.1792 Cr) |
| Fresh Issue (Ex Market Maker) | 1,06,400 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 1,06,400 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 2,50,800 shares |
| Share Holding Post Issue | 3,62,800 shares |
| NSE Symbol | KKVAPOW |
| ISIN | INE239T01016 |
KKV Agro Powers IPO comprises a total issue size of 1,12,000 shares. The net offer to the public is 1,06,400 shares, after excluding 5,600 shares allotted on a firm basis. Of the Net offer 53,200 (50.00%) allocated to NII 53,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 53,200 | 50.00% | 47.50% |
| Retail Shares Offered | 53,200 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 5,600 | 5.00% | |
| Total Shares Offered | 1,12,000 | 100.00% | 100.00% |
Incorporated in 2012, KKV Agro Powers Ltd is engaged in the business of power generation from renewable energy sources, wind and solar. Information in this paragraph is copied from chittorgarh.com. They are Independent Power Producer (IPP) and Renewable Power Generation company located in Coimbatore. It develops, generates, accumulates, and supplies electricity by setting up wind and solar power plants.
Company's operating projects included 7 MW of aggregate installed capacity, which comprised of 6.0 MW of wind energy projects and 1.0 MW of solar project. Content in this paragraph is copied from chittorgarh.com. The Company is currently in the process of acquiring additional capacity of 0.8 MW of wind energy generators in Tamil Nadu. It also trades in renewable energy certificates.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up 0.8 MW Wind Energy Project in Tamil Nadu | 4.75 |
| 2 | Erection of 33KV Electricity Transmission Line | 0.50 |
| 3 | Repayment of Term Loan availed from Indian Bank | 3.20 |
| 4 | General Corporate Purposes | 0.68 |
| 5 | Issue Expenses | 0.32 |
| KPI | |
|---|---|
| RoNW | 19.18% |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.26 |
| 2 | Advertising and Marketing Expenses | 0.02 |
| 3 | Printing, Stationery & Distribution | 0.03 |
| 4 | Statutory and other Miscellaneous Expenses | 0.02 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹320.00 |
| Open | ₹325.00 |
| Low | ₹325.00 |
| High | ₹342.00 |
| Last Trade | ₹342.00 |
Lead Manager Reports
KKV Agro Powers IPO is a SME IPO of 1,12,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹320 per share. The minimum order quantity is .
The IPO opens on Thu, Jun 30, 2016, and closes on Thu, Jul 7, 2016.
S.K.D.C.Consultants Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in KKV Agro Powers IPO using UPI as a payment gateway. Zerodha customers can apply in KKV Agro Powers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KKV Agro Powers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KKV Agro Powers IPO opens on Thu, Jun 30, 2016 and closes on Thu, Jul 7, 2016.
KKV Agro Powers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in KKV Agro Powers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for KKV Agro Powers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the KKV Agro Powers IPO allotment status.
The KKV Agro Powers IPO listing date is on Thu, Jul 14, 2016.
