KP Green Engineering..

KP Green Engineering makes an impressive debut, issue sees a trade closure at 45% premium 

Shares of SME Initial Public Offering of KP Green Engineering Limited makes an impressive debut on the BSE SME Platform.

The scrip listed Rs 200 per share on BSE SME at a premium of 38.89%. The company's share price closed at Rs 210 per share a 45.83% premium.

As per BSE SME, the total quantity traded stood at 46.44 lakh shares. Total Turnover on BSE SME on Day 1 stood at Rs 94.42 crore.

Dr. Farukbhai Patel, Chairperson, KP Green Engineering Limited, says "Celebrating a significant milestone, we extend our heartfelt gratitude to all our esteemed investors for their unwavering support and trust as we list our shares on the exchange. Your belief in our vision fuels our determination to reach greater heights together. Thank you for your invaluable participation in the growth journey of KP Green Engineering."

The Market Capitalization of the Company at today’s closing price stood at Rs. 1050 Crore as per BSE SME.

The SME Initial Public Offering of KP Green Engineering Limited was subscribed 27.51 times on the final day of bidding. Non-Institutional Investors Portion and Qualified Institutional Buyer Portion was subscribed 35.96 times and 31.86 times respectively, whereas Retail Portion was subscribed 20.12 times.

Beeline Capital Advisors Private Limited is the sole book-running lead manager. The equity shares are proposed to be listed on the BSE SME Platform.

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