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

Issue Open	Jan 8, 2019 - Jan 11, 2019
Issue Type	Fixed Price Issue IPO
Issue Size	4,992,000 Eq Shares of Rs 10 (aggregating up to Rs 39.94 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 80 Per Equity Share
Market Lot	1600 Shares
Min Order Quantity	1600 Shares
Listing At	BSE SME

KPI Global IPO Tentative Date / Timetable

Bid/Offer Opens On	Jan 8, 2019
Bid/Offer Closes On	Jan 11, 2019
Finalisation of Basis of Allotment	Jan 17, 2019
Initiation of Refunds	Jan 18, 2019
Credit of Shares to Demat Acct:	Jan 21, 2019
IPO Shares Listing Date:	Jan 22, 2019

KPI Global IPO Promoter Holding

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

KPI Global IPO Subscription Status (Bidding Detail)

KPI Global IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	2,371,200	2,371,200	4,742,400
Jan 11, 2019 19:49	12.42x	10.24x	11.50x

KPI Global IPO Prospectus

› Red Herring Prospectus

KPI Global IPO Rating

199

4.0

Rating:

Vote Here ...

KPI Global IPO Listing Date

› Listing Date: Tuesday, January 22, 2019
› BSE Script Code: 542323
› NSE Symbol:
› Listing In: MT
› ISIN: INE542W01017
› Issue Price: Rs 80 Per Equity Share
› Face Value: Rs 10 Per Equity Share

KPI Global IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

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
Fax: +91-261-2764757
Email: info@kpgroup.co
Website: http://www.kpiglobal.kpgroup.co/

KPI Global IPO Registrar

Bigshare Services Pvt Ltd   »  Report
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Fax: +91-22-6263 8299
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

KPI Global IPO Lead Manager(s)

Vivro Financial Services Private Limited » Report

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KPI Global IPO Review / Comments

138. Small Investor Jan 22, 2019 11:48

Top Contributor (400+ Posts, 100+ Likes)

Today LM hold Stock price above 81-82 and after tomorrow stock will came down side

137. Gaurav Sharma Jan 22, 2019 11:26

How to sell k.p.i shares in hdfc securities?

137.1. Dinesh Singh Jan 22, 2019 11:38

Go to your portfolio and select equity and then select shares and then negative sign.

136. CA nkn Jan 18, 2019 18:14

listing gain 20%

136.1. Small Investor Jan 22, 2019 10:31

Top Contributor (400+ Posts, 100+ Likes)

@ Dear CA Nkn
kpi m sab ko ( jisne apply nhi kiya usko bhi 20% listing gain mil rha h )

135. Dinesh Singh Jan 22, 2019 10:11

2 |

@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.

135.1. Small Investor Jan 22, 2019 10:28

Top Contributor (400+ Posts, 100+ 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

134. SME EXPERTISE Jan 22, 2019 08:48

1 |

Now at same issue price. Soon will drift lower. Get out of this immediately . People who were not alloted are lucky ones.

133. Dinesh Singh Jan 21, 2019 13:16

2 |

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.

Load more comments (6 replies)

133.7. SME EXPERTISE Jan 22, 2019 08:42

1 |

Moreover vivro it's lead manager too has no great record. Look at capacity infra and others.

133.8. Small Investor Jan 22, 2019 08:46

Top Contributor (400+ Posts, 100+ Likes)

@ dinesh singh
mubarak ho aapko 20% lisiting gain
abhi bhi time h sell kr do varna waa solar jesa hal hoga

132. Hiteshji Jan 22, 2019 08:42

Top Contributor (200+ Posts)

Poor listing

131. Hiteshji Jan 22, 2019 08:42

Top Contributor (200+ Posts)

List at 81

130. Hiteshji Jan 22, 2019 08:41

Top Contributor (200+ Posts)

List at 81

129. SME EXPERTISE Jan 22, 2019 08:23

35 pc gain Nahi 3 pc gain leke Nikal jayo. Few days from now will be available at 35 pc discount

128. SME EXPERTISE Jan 22, 2019 08:17

Now sellers are 3 times than its buyers. Sell in pre open. Quickly.

127. SME EXPERTISE Jan 22, 2019 08:07

Sellers are now almost double the buyers. Sell it in pre open to avoid future losses.

126. SME EXPERTISE Jan 22, 2019 08:05

Too many sellers in pre open. As updated it will list around 85 but just sell it as from tomorrow stock will keep going down and will be available below issue price soon

125. Hiteshji Jan 22, 2019 07:28

Top Contributor (200+ Posts)

Pls book small loss as early as possible and save your money.

124. Pappi Jan 21, 2019 21:27

Can list at 76 save money

123. Carn Mohan Jan 21, 2019 19:15

3 |

IPO Mentor (600+ 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.

123.1. Samraheja Jan 21, 2019 20:37

100% Right

122. Hiteshji Jan 21, 2019 19:08

Top Contributor (200+ Posts)

Please exit early around 9:20 otherwise lower and lower.

121. SME EXPERTISE Jan 21, 2019 17:46

1 |

People are day dreaming of 35 pc gain

if you get 5 to 10 pc gain in pre open you are lucky and just exit out of this .
there has been HNI people who applied using finance option and looking for early exit tomorrow

heavy selling pressure will be seen

120. Dhvoy Jan 21, 2019 14:04

3 |

It is list more than 35% profit believe it or not so all allottee congrats for an allotment

120.1. Dinesh Singh Jan 21, 2019 14:17

1 |

You seems to be 100% correct.

120.2. Small Investor Jan 21, 2019 15:16

Top Contributor (400+ Posts, 100+ 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

119. SME EXPERTISE Jan 21, 2019 11:57

2 |

No fundamental in company. It has huge debt and huge pledge share. Better exit in pre open at small gains. Those who are alloted are eager to sell on pre open. They are afraid because of selling in pre open can drift price lower . Just remain active to sell in pre open trade

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

Company Promoters:

Company Financials:

Objects of the Issue:

KPI Global IPO Details

KPI Global IPO Tentative Date / Timetable

KPI Global IPO Promoter Holding

KPI Global IPO Subscription Status (Bidding Detail)

KPI Global IPO Prospectus

KPI Global IPO Rating

KPI Global IPO Listing Date

KPI Global IPO Reviews / Ratings

Company Contact Information

KPI Global IPO Registrar

KPI Global IPO Lead Manager(s)

KPI Global IPO Review / Comments

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