Incorporated in 2008, Gujarat based K.P.I. Global Infrastructure Limited is a company engaged in solar power generation. The company provides solar power, both as an Independent Power Producer under the brand name of 'Solarism' and as a service provider to Captive Power Producer ("CPP") customers.
K.P.I Global builds, owns, operates and maintains grid-connected solar power projects as IPP. It generates revenue by entering into Power Purchase Agreements with third parties for selling power generated through its solar projects. It has entered into bilateral PPA's with reputed businesses such as Mafatlal Industries Limited, Best Paper Mills Private Limited and Meghmani Organics Limited.
It also develops, transfers, operates and maintains grid-connected solar power projects for CPP customers. Both the businesses, IPP and CPP, carried out from its plant located at Bharuch, Gujarat.
The Company has established a 13.25 km long 66 KV transmission line from its Plant to the Gujarat Energy Transmission Corporation Limited ("GETCO") substation located at Amod, Bharuch, Gujarat, for evacuation of the solar power generated at the Plant.
The Promoter of the Company is Faruk G. Patel. He holds 92,20,000 Equity Shares, representing 70.52% of the pre-Issue paid-up equity share capital of the Company.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |||
| Total Assets | 12,182.45 | 11,844.61 | 8,279.57 | 5,357.97 | ||
| Total Revenue | 1,820.80 | 3,158.28 | 2,602.09 | 2,751.12 | ||
| Profit After Tax | 387.17 | 1,140.92 | 812.49 | 767.97 | ||
The Objects of the Issue are-
1. To part finance setting up a 25 MW Solar Power Project at Bharuch district of Gujarat ("Proposed Project / Unit II"); and
2. For General Corporate Purposes.
| IPO Opening Date | Jan 8, 2019 |
| IPO Closing Date | Jan 11, 2019 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | BSE SME |
| Issue Size | 4,992,000 Eq Shares of ₹10 (aggregating up to ₹39.94 Cr) |
The KPI Global IPO open date is Jan 8, 2019, and the close date is Jan 11, 2019. The issue may list on Jan 22, 2019.
| IPO Open Date | Jan 8, 2019 |
| IPO Close Date | Jan 11, 2019 |
| Basis of Allotment Date | Jan 17, 2019 |
| Initiation of Refunds | Jan 18, 2019 |
| Credit of Shares to Demat Account | Jan 21, 2019 |
| IPO Listing Date | Jan 22, 2019 |
The KPI Global IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹128,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹128,000 |
| Maximum | 1 | 1600 | ₹128,000 |
| Pre Issue Share Holding | 70.61% |
| Post Issue Share Holding | 51.10% |
The KPI Global IPO is subscribed 11.50x times on Jan 11, 2019 19:49. The public issue subscribed 10.24x in the retail category, in the QIB category, and 12.42x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| NII | 12.42x |
| RII | 10.24x |
| Total | 11.50x |
| Listing Date | Tuesday, January 22, 2019 |
| BSE Script Code | 542323 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE542W01017 |
| IPO Price | ₹80 per equity share |
| Face Value | ₹10 per equity share |
|
|
K.P.I. Global Infrastructure Limited
Shop No A-1/2, Firdos Tower,
Near Fazal Tower, Adajan Patia,
Surat - 395 009, Gujarat,
Phone: +91-261-2764757
Email: info@kpgroup.co
Website: http://www.kpiglobal.kpgroup.co/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
KPI Global IPO is a SME IPO of 4,992,000 equity shares of the face value of ₹10 aggregating up to ₹39.94 Crores. The issue is priced at ₹80 per equity share. The minimum order quantity is 1600 Shares.
The IPO opens on Jan 8, 2019, and closes on Jan 11, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The KPI Global IPO opens on Jan 8, 2019 and closes on Jan 11, 2019.
KPI Global IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
You can apply in KPI Global IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for KPI Global IPO will be done on Jan 17, 2019, and the allotted shares will be credited to your demat account by Jan 21, 2019. Check the KPI Global IPO allotment status.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Guru (1400+ Posts, 700+ Likes)
Top Contributor (400+ Posts, 100+ Likes)
IPO Mentor (700+ Posts, 200+ Likes)
????????????????