KKV Agro Powers Ltd IPO (KKV Agro Powers) Detail

Jun 30, 2016 - Jul 7, 2016

Incorporated in 2012, KKV Agro Powers Ltd is engaged in the business of power generation from renewable energy sources, wind and solar. Information in this paragraph is copied from chittorgarh.com. They are Independent Power Producer (IPP) and Renewable Power Generation company located in Coimbatore. It develops, generates, accumulates, and supplies electricity by setting up wind and solar power plants.

Company's operating projects included 7 MW of aggregate installed capacity, which comprised of 6.0 MW of wind energy projects and 1.0 MW of solar project. Content in this paragraph is copied from chittorgarh.com. The Company is currently in the process of acquiring additional capacity of 0.8 MW of wind energy generators in Tamil Nadu. It also trades in renewable energy certificates.

Company Promoters:

The promoters of the company are:

1. Mr T.K.Chandiran
2. Mrs C.Selvi

Objects of the Issue:

The objects of the Issue are:

1. Setup of 0.8 MW Wind Energy Project in Tamil Nadu;
2. Erection of 33KV Electricity Transmission Line;
3. Repayment of Term Loan;
4. General Corporate Purposes;
5. Issue Expenses.

KKV Agro Powers Details

Issue Open	Jun 30, 2016 - Jul 7, 2016
Issue Type	Fixed Price Issue IPO
Issue Size	112,000 Eq Shares of Rs 10 (aggregating up to Rs 3.58 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 320 Per Equity Share
Market Lot
Min Order Quantity
Listing At	NSE SME

KKV Agro Powers Prospectus

› Red Herring Prospectus

KKV Agro Powers Rating

3.7

Rating:

Vote Here ...

KKV Agro Powers Listing Date

› Listing Date: Thursday, July 14, 2016
› BSE Script Code:
› NSE Symbol: KKVAPOW
› Listing In:
› ISIN: INE239T01016
› Issue Price: Rs 320 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 320.00
Open:	Rs 325.00
Low:	Rs 325.00
High:	Rs 342.00
Last Trade:	Rs 342.00
Volume:	1,600

KKV Agro Powers Reviews / Ratings

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Company Contact Information

KKV Agro Powers Ltd
Vivagaa Building, # 637,
Oppanakara Street,
Coimbatore

Phone: +91 422-2303880
Email: smeipo@kkvagropowers.com
Website: http://www.kkvagropowers.com

KKV Agro Powers Registrar

S.K.D.C Consultants Limited
   Kanapathy Towers, 3rd Floor,
   1391/A1, Sathy Road, Ganapathy,
   Coimbatore - 641 006, Tamil Nadu

Phone: 91-422-6549995, 2539835-36
Email: info@skdc-consultants.com
Website: http://www.skdc-consultants.com

KKV Agro Powers Lead Manager(s)

Karvy Investor Services Limited

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KKV Agro Powers Review / Comments

15. STOCKT Jul 15, 2016 11:16

If yo check 90% of recent listing SME are ruling either at same price or below issue price.
check all recent lising
bajaj healthcare sme issue price
darshan ora same issue price

sagardeep alloys- below issue price
united ply- below issue price
shanti education- same issue price

yash chemex- minor gain only 7 pc
zeal aqua - same issue price

Ruby Cables and relicab cables - all below issue price

Advance syntex- below issue price even though given good reviews of the SME.
lancer, vidli and sysco, commercial give gains only but few allotted that too on some accounts either got all shares like 4/4 or some got 0/10 which looks like a scam

stay away from SME now as story is over now on new listing and only those wil be allotted to retailers which will go down rest of shares wihich wil give listing gains will be sidelined only.

14. PANSIN Jul 5, 2016 21:24

Is it advisable to apply for KKV Agro IPO?

13. Manipo Jun 25, 2016 20:28

Top Contributor (200+ Posts)

Please note I am neither saying to apply nor saying to avoid. I am more inclined towards avoid.

13.1. KSC Jun 25, 2016 21:52

manipo sukriya. clear view dene K liye

12. IPOANALYSIS Jun 25, 2016 18:08

MANIPO what looks good in financial and P/E
KP energy came at price of 70 rs with turnover of 14 crore and profit of 1.2 crore and P/E at 8 . so how does this one look better to you. are you close to company to get issue subscribed too.

12.1. Manipo Jun 25, 2016 20:27

Top Contributor (200+ Posts)

Looks good means there is no window dressing of books which I could sense from DRHP. Good doesn''t mean share offered at reasonable valuation.

I have listed all I could understand from DRHP.

11. Manipo Jun 25, 2016 16:19

Top Contributor (200+ Posts)

My notes for this IPO

Financials: in lakhs
Sales:415.64 9 months
      full years projected:554
Net Profit:56.47
      full years projected:75

net Margins:13%

Notes:
      Nothing things looks good

Cashflow:
      Looks good to me


Existing shares 2,50,800
new shares 1,12,000
Total shares after the issue:3,62,800

Issue Price: 320
      notes: 2,50,800 shares bought by promoters for cash on 18/05/2016 for cash price of 320.

Before IPO
EPS:30 PE:10.6

After IPO dilution:
EPS:20 PE:16
Note: 2,50,800 shares bought by promoters for cash on 18/05/2016.
      Results available till 31/dec/2015 till that time number of outstanding shares were: 67,600

--------------------
Qualitative:
BRLM: karvy capital, first SME IPO
Promoters:seems good

Load more comments (3 replies)

11.4. NKD Jun 26, 2016 12:53

This is up to you dear you want to apply or not maniipo is just sharing his view. And what i think everybody is free to share his view. Plz be calm and try to find what he want to say rather then blaming or tonting .... Be a wise person

11.5. kingsuper Jun 26, 2016 18:47

Is there any prem or kostak price for this ipo?

10. IPOANALYSIS Jun 25, 2016 13:24

GUYS BEWARE.
THIS ONE IS COMING AT VERY HIGH PRICE. AND IT HAS PRICED EVENT HIGHER p/e THAN ITS PEERS. INFACT IT DOES NOT DESERVE 5 P/E,

THIS WILL BE HAMMERED AFTER LISTING. DONT SUBSCRIBE. THERE WILL BE NO INTEREST ON SUCH SME.

9. IPOANALYSIS Jun 24, 2016 19:07

320 ISSUE PRICE. NO INTEREST WILL BE GENERATED. ALSO ITS WIND POWER WHICH IS EXTREMELY RISKY.

REMEMBER EVEN GOD NSE EME LIKE EMKAY TOOLS STRUGGLED TO HOLD ISSUE PRICE

ANYWAY ANY ISSUE ABOVE 100 RS IS STRICT NO NO FROM MY SIDE
ALSO WIND POWER IS EXTREMELY RISKY.MUCH BETTER SME STOCKS AVAILABLE IN SECONDARY MARKET NOW.

8. KSC Jun 24, 2016 12:56

Yeh Jo bhi recommend kar rahe yeh pahli baar yahan likh rahe hai Bogus log hai Enke naam per click kar me dekho inn sub ka yeh pahla msg hai savdhan hokar avoid kijiye KKV ko

7. jonam Jun 24, 2016 10:39

Beware of these new guys posting in this thread advocating that KKV is a very good issue. Just check and see that this is their only post meaning that the ID was created just for posting a buy for this issue.BUYERS BEWARE !!!

7.1. Apex Jun 24, 2016 10:45

Jonam sir is master in SME
So follow his knowledge and invest wisely with ur risk capacity.

7.2. KSC Jun 24, 2016 12:35

Apexjiaap sahi kah rahe hai aaj kal SME wale retail ko lootne ko as rahe hai.Jonamji se request hai ki who sab SME ipo per apne view de taki retail investor careful rahe aur lootero se bache sukriya jonamji air apexji

6. Manoj Nicky Jun 24, 2016 10:30

This is the Best time to Buy Shares in this Company.
There is tremendous growth in renewable energy business and we want to be part of that.

Good Asset, Good Brand in India and Debt Free Company.

6.1. KSC Jun 24, 2016 12:39

Bogus lootere hai bharna nahi bachke rahna kya lena hai waise bhi NSE emerge pe sme ipo mein kuchh milta nahi

5. Leapgreen Jun 24, 2016 09:28

Good Profit making issue for short and long term..

5.1. KSC Jun 24, 2016 12:43

Bogus lootere Big avoid

4. Moneymany Jun 24, 2016 09:19

For Renewable energy business TAMILNADU is the best place. Company financials are strong. After ipo company becomes debt free. Good to buy.

4.1. KSC Jun 24, 2016 12:45

320 mein SME IPO pagal hai kya him avoid agar risk Lena hai to equitas ujjivan jaise bahut share ha lootero she bacho retail investor

3. S.Sanjay Jun 24, 2016 09:06

This Company part of the retail Textile Giant, " The Chennai Silks" Group. I Welcome this SME issue. Really this is going to be a good investment.

3.1. jonam Jun 24, 2016 09:24

Basically the company buys second hand wind power project and supplies power derived therefrom to the promoter companies. Issue Priced very expensively. Think twice before applying.

2. Investsmart Jun 24, 2016 02:45

Read prospectus of the company. Best to buy for the reasons:
Good assets
Good EBITDA, PAT, EPS
STRONG PROMOTER BACK GROUND.

THUMPS UP TO THIS ISSUE.

2.1. KSC Jun 24, 2016 12:51

Bogus lootere Appne SME ki advertise karne as gaye Galti se bharna maat 20000 hazar rs ka chuna lag jayega kum se kum listing k din Big Avoid

1. IPOANALYSIS Jun 23, 2016 20:55

Tamil Nadu company. Stay Away. Look at OFS technology at half price.
Also, 320 price for SME wont have buyers.
Boycott this SME completely.

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