KP Green Engineering IPO Subscription Status – IPO Closed

KP Green Engineering IPO subscription status started on Friday March 15, 2024 and will close on March 19, 2024. KP Green Engineering IPO to raise around ₹189.50 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹137 to ₹144 per equity share.

KP Green Engineering IPO

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

CategoryDay 1Day 2Day 3
QIB1.691.9731.86
NII1.327.2448.23
RII1.968.1520.12
Total1.756.1929.50


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.

KP Green Engineering IPO Subscription Status FAQs:


When KP Green Engineering IPO Subscription will start?

The IPO subscription starts on March 15, 2024 for NII, QIB and Retail Investors.

How to subscribe KP Green Engineering IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live KP Green Engineering IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the KP Green Engineering IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “KP Green Engineering “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the KP Green Engineering IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “KP Green Engineering “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the KP Green Engineering IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “KP Green Engineering ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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    OPEN DEMAT ACCOUNT