The KP Green Engineering IPO minimum market lot is 1000 shares with ₹144,000 application amount. The KP Green Engineering IPO is an SME IPO, and it is to be listed on BSE SME.
KP Green Engineering is a solar power generating Company focused on providing solar power, both as an Independent Power Producer (“IPP”) under the brand name of ‘Solarism’ and as a Captive Power Producer (“CPP”). They build, own, operate, and maintain grid-connected solar power projects as IPP and generate revenue by entering into Power Purchase Agreements (“PPA”) with third parties for selling power units generated through their solar projects. They develop, transfer, operate, and maintain grid-connected solar power projects for CPP customers and generate revenue by selling these projects to third parties for their captive use requirements. Both these businesses, IPP and CPP, are currently carried out at their plant located at Sudi & Tanchha village, Amod, Bharuch, Gujarat (Solarism Plant). The Company has also established a ~13.25 km long 66 KV transmission line from their Solarism Plant to the Gujarat Energy Transmission Corporation Limited (“GETCO”) substation located at Amod, Bharuch, Gujarat (Amod Substation), for evacuation of the solar power generated at their Solarism Plant.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
KP Green Engineering IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 1.69 | 1.97 | 31.86 |
NII | 1.32 | 7.24 | 48.23 |
RII | 1.96 | 8.15 | 20.12 |
Total | 1.75 | 6.19 | 29.50 |
KP Green Engineering IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
KP Green Engineering IPO Review
- May Apply
KP Green Engineering IPO Form
How to apply for the KP Green Engineering IPO? You can apply for KP Green Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the KP Green Engineering IPO in the Invest section. The other option is you can apply for KP Green Engineering IPO via IPO forms downloaded online. Check out the KP Green Engineering forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
One Response
Sir any reservation IPO share holder of kpit and kpi green ltd.