K2 Infragen Limited

Company Profile
Company Name K2 Infragen Limited
Open Date 28-03-2024
Close Date 03-04-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹111 to ₹119 per share
Issue Size 34,06,800 shares
Application Amount ₹1,42,800
Recommendation Avoid
Incorporated in 2015, K2 Infragen Limited has its registered office in Gurugram, Haryana, India. The company is in the business of engineering, procurement and construction (“EPC”) with a focus on Power Engineering and Project Engineering having experience in design and construction. The company has various projects across 8 States in India viz. Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab & Delhi. The company is certified for ISO 14001:2015 (Environment Management System), 45001:2018 (Occupational Health & Safety Management System), and 9001:2015 (Quality Management System). As of March 20, 2024, the company had a total of 61 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 2,220.52 2,591.14 5,690.40 6,378.79
Net Assets 115.49 133.84 1,392.45 2,535.32
Total Borrowings 1,832.26 2,060.86 2,385.67 1,099.63
Total Revenue 3,568.05 3,685.20 7,490.08 5,967.98
Profit After Tax 22.49 -311.26 1,132.32 607.45

Tentative Timeline

Opening Date 28-03-2024
Closing Date 03-04-2024
Basis of Allotment 04-04-2024
Initiation of Refunds 05-04-2024
Credit of Shares to Demat 05-04-2024
Listing Date 08-04-2024

Objects of the Issue

To meet working capital requirements.
Capital Expenditure.
General corporate purposes.

Contact Information

Registered Office K2 Infragen Limited 801 A, B & 802 A, B, C, 8th Floor, Welldone Techpark, Sohna Road, Gurugram – 122 018
Phone +91 124 4896700
Email cs@k2infra.com
Website http://www.k2infra.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email k2infragen.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 55.28%
Share Holding Post Issue (Promoters) 40.36%

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