Bookbuilding IPO | ₹6 Cr | Listed at BSE SME | Mon, Feb 15, 2016 - Wed, Feb 17, 2016
K.P.Energy IPO is a book build issue of ₹6.44 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹6.44 crore.
K.P.Energy IPO bidding started from Feb 15, 2016 and ended on Feb 17, 2016. The shares got listed on BSE SME on Feb 25, 2016.
K.P.Energy IPO price band is set at ₹70 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,40,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,80,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to K.P.Energy IPO RHP for detailed Information.
IPO Open
Mon, Feb 15, 2016
IPO Close
Wed, Feb 17, 2016
Issue Price
₹70 per share
Market Cap (Pre-IPO)
₹23.94 Cr
| IPO Date | 15 to 17 Feb, 2016 |
| Listed on | Thu, Feb 25, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹60 to ₹70 |
| Issue Price | ₹70 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,20,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 48,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.3360 Cr) |
| Fresh Issue (Ex Market Maker) | 8,72,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 8,72,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 25,00,000 shares |
| Share Holding Post Issue | 34,20,000 shares |
| BSE Script Code | 539686 |
| ISIN | INE127T01013 |
K.P.Energy IPO comprises a total issue size of 9,20,000 shares. The net offer to the public is 8,72,000 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,36,000 (50.00%) allocated to NII 4,36,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,36,000 | 50.00% | 47.39% |
| Retail Shares Offered | 4,36,000 | 50.00% | 47.39% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.22% | |
| Total Shares Offered | 9,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,40,000 |
| Retail (Max) | 1 | 2,000 | ₹1,40,000 |
| HNI (Min) | 2 | 4,000 | ₹2,80,000 |
Incorporated in 2010, K P Energy Limited (KPEL) is a Part of KP Group. The Company provides complete solutions from concept till completion of project life-cycle of Wind Projects.
Activities covered are Siting of Wind-farms, Lands & Permits acquisition, EPCC (Engineering, Procurement, Construction & Commissioning) of Wind Project Infrastructure including power transmission and Operations & Maintenance of entire Balance of Plant of a Utility Scale Wind-farm. Business model of the company is designed to bring scalability in wind sector by serving OEMs (Original Equipment Manufacturers) of Wind Turbines, IPPs (Independent Power Producers, Captive Users as well as Institutional Investment Programmes.
They have successfully executed power evacuation facilities of 67.2MW of Wind Energy till date and 12 Wind Turbines of 2.1MW each are already commissioned and evacuating power from this facility.
| 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 of 2.10 MW wind power project as part of our IPP initiative, at Matalpar, Bhavnagar, Gujarat | 13.08 |
| 2 | General Corporate Purpose | 0.77 |
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 underwriting and selling commissions, market making fees, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.70 |
| 2 | Commission and processing fee for SCSBs, Brokerage and selling commission for Registered Brokers, RTAs and CDPs | 0.01 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.03 |
| 4 | Advertisement & Marketing Expenses | 0.05 |
| 5 | Regulatory & other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹70.00 |
| Open | ₹72.00 |
| Low | ₹70.00 |
| High | ₹72.00 |
| Last Trade | ₹70.95 |
Lead Manager Reports
K.P.Energy IPO is a SME IPO of 9,20,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Feb 15, 2016, and closes on Wed, Feb 17, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in K.P.Energy IPO using UPI as a payment gateway. Zerodha customers can apply in K.P.Energy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in K.P.Energy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The K.P.Energy IPO opens on Mon, Feb 15, 2016 and closes on Wed, Feb 17, 2016.
K.P.Energy IPO lot size is 2000, and the minimum amount required for application is ₹1,40,000.
You can apply in K.P.Energy 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 K.P.Energy IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the K.P.Energy IPO allotment status.
The K.P.Energy IPO listing date is on Thu, Feb 25, 2016.
