IPO Issue Details
Issue Price / Price Band₹70 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size9,20,000 shares (aggregating up to ₹6.44 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 15 Feb 2016
Subscription CloseWed, 17 Feb 2016
Anchor AllotmentSun, 14 Feb 2016
Basis of AllotmentTue, 23 Feb 2016
Initiation of RefundsWed, 24 Feb 2016
Credit of Shares to DematWed, 24 Feb 2016
Listing DateThu, 25 Feb 2016
UPI Mandate Deadline2016-02-17
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 2,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 4,000 shares
Net Offer to Public8,72,000 shares (aggregating up to ₹6.10 Cr)
Reserved for Market Maker48,000 shares (aggregating up to ₹0.3360 Cr)
Pre-IPO Promoter Holding25,00,000 shares
Post-IPO Promoter Holding34,20,000 shares
About K.P.Energy Ltd.
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.
Objects of the Issue
K.P.Energy Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of 2.10 MW wind power project as part of our IPP initiative, at Matalpar, Bhavnagar, Gujarat
13.08
2
2 General Corporate Purpose
0.77
Shareholding & Lock-in
Pre-IPO Promoter Holding
25,00,000 shares
Post-IPO Promoter Holding
34,20,000 shares