31 Mar 2021
Assets22.21
Total Income35.68
Profit After Tax0.22
NET Worth1.15
Reserves and Surplus-0.47
At a glance
Updated 2026-08-24The shares listed at ₹167.00, a 40.34% move from the issue price. K2 Infragen is a SME IPO with an issue size of ₹40.54 crore, proposed for listing on NSE SME. The offer opens on 28th Mar 2024 and closes on 3rd Apr 2024. The issue structure includes a fresh issue of ₹37.57 crore. The current listing schedule points to 8th Apr 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹40.54 Cr
Fresh issue₹37.57 Cr
Face value₹10
Price band₹111.00–₹119.00
Allotment4th Apr 2024
Listing8th Apr 2024
Listing performance
Full performance ↗Issue price₹119.00
Listing price₹167.00
Current price—
Listing gain40.34%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹63.00
GMP / upper price52.94%
Est. listing₹182.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Mar 2024
Closes3rd Apr 2024
Allotment4th Apr 2024
Refund5th Apr 2024
Demat5th Apr 2024
Listing8th Apr 2024
Subscription demand
Full bidding ↗Total51.47×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹142,800 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working capital requirement | ₹16.00 Cr |
| Capital Expenditure; and | ₹8.31 Cr |
| General corporate purposes | ₹9.23 Cr |
Financials
Full financials ↗31 Mar 2022
Assets25.91
Total Income36.85
Profit After Tax-3.11
NET Worth1.34
Reserves and Surplus-0.96
31 Mar 2023
Assets56.90
Total Income74.90
Profit After Tax11.32
NET Worth13.92
Reserves and Surplus11.65
30 Sep 2023
Assets63.79
Total Income59.68
Profit After Tax6.07
NET Worth25.35
Reserves and Surplus16.11
Trend chart₹ crore
KPIs
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 23.96% |
| ROCE | 19.91% |
| Debt / Equity | 0.87% |
| RoNW | 23.9% |
| PAT Margin | 10.23% |
| Price to Book Value | 4.32 |
Valuation & shareholding
Pre-IPO EPS12.29
Post-IPO EPS9.63
Pre-IPO P/E9.68
Post-IPO P/E12.36
Promoter holding pre55.29%
Promoter holding post40.36%
Market cap₹150.16 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue relating expenses such as fees to Book Running Lead Manager Fixed Fee, Registrar to the Issue, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses | ₹0.70 Cr |
| Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹6.08 Cr |
| Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses. | ₹0.22 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Expert Global Consultants Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.