KP Green Engineering IPO GMP Price
The latest GMP stands at ₹36 as of March 19, 2024, indicating a potential listing price of ₹180. Stay tuned for daily updates on the IPO's GMP, with changes observed between ₹30 and ₹100 over the past 12 sessions.
by Alaguvelan M
Updated Mar 19, 2024
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KP Green Engineering IPO GMP Price
The latest update of the KP Green Engineering IPO is on March 19, 2024, at 9.40 AM, it stands at ₹36. If you are curious about the listing price, consider the band price of ₹144.00, valued at be ₹180(that includes capital price and today’s GMP). This suggests a potential gain or loss of 25.00% per share.
The GMP has fluctuated between ₹30 and ₹100, in the past 12 sessions, and it seems to be leaning towards the lower end. Check out for daily updates on KP Green Engineering IPO.
KP Green Engineering Past Week GMP IPO Trend
|
GMP Date |
IPO Price |
GMP |
Estimated Listing Price |
|
19-03-2024 Close |
144.00 |
₹36 - GMP No Change |
₹180 (25%) |
|
18-03-2024 |
144.00 |
₹36 - GMP Down |
₹180 (25%) |
|
17-03-2024 |
144.00 |
₹38 - GMP No Change |
₹182 (26.39%) |
|
16-03-2024 |
144.00 |
₹38 - GMP Up |
₹182 (26.39%) |
|
15-03-2024 Open |
144.00 |
₹35 - GMP Down |
₹179 (24.31%) |
KP Green Engineering Limited IPO Detail
KP Green Engineering IPO is all about raising funds of Rs 189.50 crores. They offering new shares to investors of 131.6 lakh shares. The subscription period for KP Green Engineering IPO started on March 15, 2024, and ends on 19 March, 2024.
They will be sorting out who gets how many shares on March 20, 2024. The shares are expected to start trading on the BSE SME platform by March 22, 2024.
The Price band of KP Green Engineering IPO for each share is set to ₹137 to ₹144. To buy at least 1000 shares in one go means to invest a minimum of ₹144,000. For High Net Worth Individuals (HNIs), they need to buy at least 2 lots, that is 2000 shares, total ₹288,000.
|
Specification |
Details |
|
IPO Date |
March 15, 2024 to March 19, 2024 |
|
Price Band |
₹137 to ₹144 per share |
|
Fresh Issue |
13,160,000 shares |
|
Total Issue Size |
13,160,000 shares |
|
(aggregating up to ₹189.50 Cr) |
|
|
Shareholding Post-Issue |
50,000,000 |
|
Shareholding Pre-Issue |
36,840,000 |
|
Market Maker Portion |
658,000 shares (Spread X Securities) |
|
Lot Size |
1000 Shares |
|
Issue Type |
Book Built Issue IPO |
|
Listing At |
BSE SME |
|
Listing Date |
March 22, 2024 |
|
Face Value |
₹5 per share |
KP Green Engineering IPO Timeline
KP Green Engineering IPO begins on March 15, 2024, and ends on March 19, 2024.
|
Event |
Date |
|
IPO Open Date |
Friday, March 15, 2024 |
|
Credit of Shares to Demat |
Thursday, March 21, 2024 |
|
Listing Date |
Friday, March 22, 2024 |
|
Initiation of Refunds |
Thursday, March 21, 2024 |
|
Cut-off time for UPI mandate confirmation |
5 PM on March 19, 2024 |
|
Basis of Allotment |
Wednesday, March 20, 2024 |
|
IPO Close Date |
Tuesday, March 19, 2024 |
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KP Green Engineering IPO GMP Price - FAQs
1. What is the latest GMP (Grey Market Premium) for KP Green Engineering IPO?
As of March 19, 2024, at 9:40 AM, the GMP stands at ₹36.
2. How is the potential listing price calculated for KP Green Engineering IPO?
Considering the band price of ₹144.00 and today's GMP of ₹36, the estimated listing price is ₹180.
3. What does the GMP suggest about the potential gain or loss per share for KP Green Engineering IPO?
The GMP suggests a potential gain or loss of 25.00% per share.
4. How has the GMP fluctuated over the past 12 sessions for KP Green Engineering IPO?
The GMP has fluctuated between ₹30 and ₹100 over the past 12 sessions, leaning towards the lower end recently.
5. What is the total fund raising goal and number of new shares offered in KP Green Engineering IPO?
KP Green Engineering aims to raise funds of Rs 189.50 crores by offering 131.6 lakh new shares to investors.
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