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K.P.I. Global Infrastructure Limited IPO (KPI Global IPO) Detail

Jan 8, 2019 - Jan 11, 2019

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.

Company Promoters:

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.

Company Financials:

Summary of financial Information (Restated)
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

Objects of the Issue:

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.

KPI Global IPO Details

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 Size4,992,000 Eq Shares of ₹10
(aggregating up to ₹39.94 Cr)

KPI Global IPO Tentative Timetable

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

KPI Global IPO Lot Size

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

KPI Global IPO Promoter Holding

Pre Issue Share Holding 70.61%
Post Issue Share Holding 51.10%

KPI Global IPO Review

First Company of the group KP Energy migrated to main board and has rewarded investors handsomely. This company is having different model of business and having a niche play in solar power generations with IPP and CPP verticals. Despite third party PPA, it has been funded by PFC for Unit 2 and this is perhaps happening for the first time (as claimed by the management). With onset of current project by July 2019 end management is confident of maintaining its growth pattern. Considering these aspects, investors may consider investment for long term. Read detail review...

KPI Global IPO Subscription Status (Bidding Detail)

The KPI Global IPO is subscribed 11.50 times on 1/11/2019 7:49:03 PM. The public issue subscribed 10.24 times in the retail category, times in the QIB category, and 12.42 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII12.42
Retail10.24
Total11.50

KPI Global IPO Prospectus

KPI Global IPO Rating

199
4.0
Rating:Rated 4.0 stars
Vote Here ...

KPI Global IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹80.00
₹80.80
₹80.55
₹82.45
₹81.30

Company Contact Information

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/

KPI Global IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

KPI Global IPO Reviews / Ratings

KPI Global IPO FAQs

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.

The KPI Global IPO listing date is on Tuesday, January 22, 2019.

KPI Global IPO Message Board

Ranked Members  Ranked Members

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189 Comments

102. shivani |Jan 28, 2019 10:55:11 AM
on lower circuit around 71
????????????????
101. Pappi |Jan 23, 2019 8:32:03 PM
Kpi Tommorow available at 74.

#pappi rockssss
100. Pappi |Jan 22, 2019 10:13:55 PM
#pappi rocks....
Tom it will go below 80... wait watch...


#paaapi is always correct
100.1. Small Investor |Jan 23, 2019 1:04:08 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
KPI Lower circuit hit 77.25 with 40000+ seller
jisne apna lot sell kr diya wo save ho gya
99. Small Investor |Jan 22, 2019 12:48:25 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Today LM hold Stock price above 81-82 and after tomorrow stock will came down side
98. Gaurav Sharma |Jan 22, 2019 12:26:42 PM
How to sell k.p.i shares in hdfc securities?
98.1. Dinesh Singh |Jan 22, 2019 12:38:56 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Go to your portfolio and select equity and then select shares and then negative sign.
97. CA nkn |Jan 18, 2019 7:14:51 PM
listing gain 20%
97.1. Small Investor |Jan 22, 2019 11:31:15 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
@ Dear CA Nkn
kpi m sab ko ( jisne apply nhi kiya usko bhi 20% listing gain mil rha h )
96. Dinesh Singh |Jan 22, 2019 11:11:12 AM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
@SME EXPERTISE & Small Investor,

Your prediction becames true.

Your all are great guys and to be followed.

More ever I have already told that I play only for 1 or 2 day in any SME, hence I have sold my holding @ 82.

Now move on and concentrate on other SME IPO.

Bye Bye Kpi Global.
96.1. Small Investor |Jan 22, 2019 11:28:42 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
@ Dinesh Ji
You save your money now you will apply in Surani and Rico Logistics for good return
10% listing gain may be in surani
95. Dinesh Singh |Jan 21, 2019 2:16:41 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Without any fundamental a company can't be subscribed 13th times.

With so called Fundamental Deccan Health has subscribed only 2 times.

If Deccan can trade at 30% gain there is no way for it less than Deccan.
95.4. Small Investor |Jan 22, 2019 9:41:37 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
at par 80 pr hi khulega
95.5. Small Investor |Jan 22, 2019 9:46:26 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
@ dinesh singh
mubarak ho aapko 20% lisiting gain
abhi bhi time h sell kr do varna waa solar jesa hal hoga
94. Hiteshji |Jan 22, 2019 9:42:51 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Poor listing
93. Hiteshji |Jan 22, 2019 9:42:06 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
List at 81
92. Hiteshji |Jan 22, 2019 9:41:57 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
List at 81
91. Hiteshji |Jan 22, 2019 8:28:18 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Pls book small loss as early as possible and save your money.
90. Pappi |Jan 21, 2019 10:27:47 PM
Can list at 76 save money
89. Carn Mohan |Jan 21, 2019 8:15:17 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Tumlog Abhi isi chakar may phasay ho yah company strong hi yah company weak , Sub operater par dipend karta hi wo chahay tho weak company Ko double kar day and strong company Ko half.
89.1. Samraheja |Jan 21, 2019 9:37:59 PM
100% Right
88. Hiteshji |Jan 21, 2019 8:08:49 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Please exit early around 9:20 otherwise lower and lower.
87. Dhvoy |Jan 21, 2019 3:04:02 PM
It is list more than 35% profit believe it or not so all allottee congrats for an allotment
87.1. Dinesh Singh |Jan 21, 2019 3:17:33 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
You seems to be 100% correct.
87.2. Small Investor |Jan 21, 2019 4:16:56 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Summary of Outstanding Litigations from Draft of prospectus pg no 19
:
Following are the details of the outstanding litigations involving our Company, Promoter, Directors and
Group Companies:
Sr.
No.
Nature of Cases
No. of
outstandi
ng cases
Amount to the
extent
quantifiable
(in `)*
(I) Litigations against our Company/ Promoter / Group Company/ Directors
1. T ax Income Tax 1 29,80,800
2. C ivil Insolvency Applications before the National
Company Law Tribunal, Ahmedabad Bench**
2 Unascertainable
3. C ivil Other pending litigations filed against our Group
Companies
4 Unascertainable
(II) Litigations filed by our Company / Promoter / Group Company/ Directors
4. C riminal Complaints under Section 138 of the Negotiable
Instruments Act, 1881 filed by our Company
2 15,73,330
5. T ax Service Tax matter filed by our Group Company 1 4,31,62,979
6. C ivil
Other Pending Litigation filed by our Group
Company
1 Unascertainable
86. uday patel |Jan 21, 2019 11:35:33 AM
Where can i check what is share name for this company?
85. Dinesh Singh |Jan 21, 2019 11:33:20 AM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Operators backed by LM are actic in this stock.

Please watch the movement of stock and then take decision.

Those who are not alloted trying to create panic to buy the stock on listing day Don't exit on pre open session.

Wait for 1 or 2 day to exit from this stock.

Fundamental works only in long term.

The stock will give you decent return.
84. Pappi |Jan 20, 2019 10:18:10 PM
Fraud co. Huge debt
Plz exit on day 1 if u get above 82
Sell and save capital
Apply in Ritco h

83. vishnu sewag |Jan 20, 2019 10:23:11 AM
Anyone tell me listing 9:00 PM ya 10:00PM
83.1. papon |Jan 20, 2019 10:32:29 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
9.45 preopen price is discovered & 10.00 trading starts. U can sell at preopen discovered price if you want