K2 Infragen IPO Allotment Status, Release Date, Refund and Listing 

The K2 Infragen company opened its IPO for application on 28 March 2024. With the IPO in process, many investors wonder about the allotment and the details of the K2 Infragen IPO. The article covers everything you wish to know about the K2 Infragen ongoing IPO.

K2 Infragen IPO Allotment Status 

The EPC (Engineering, procurement, and Construction) Company, K2 Infragen, has gone public with its initial public offering. The application process for K2 Infragen IPO has already begun on 28 March 2024. The K2 Infragen IPO will close on 3 April 2024.

The IPO allotments of shares will commence on 4 April 2024. The investors can check the allotment status of K2 Infragen after the allotment of shares finalization on the official website of the registrar of the issue. 

Bharti Hexacom IPO

Investors who have applied or will apply for the K2 Infragen IPO can check the allotment status online on the official website of Kfin Technologies. 

You can also check your K2 Infragen IPO allotment status on your bank website or via SMS. 

Steps to Check the K2 Infragen IPO Allotment Status

Investors who have subscribed for the K2 Infragen IPO can check the IPO allotments status in the following steps:

  1. Go to the registrar’s IPO allotment link at https://kosmic.kfintech.com/ipostatus/
  2. Next, select your IPO issuer company (K2 Infragen) in the “Select IPO” section. You will find K2 Infragen after the registrar will declare the allotment of the K2 Infragen. 
  3. Next,  choose the option between IPO Application number, Demat account number, or PAN Card number to provide your details to the portal. 
  4. Now, enter the details as per your selection on the portal to check the K2 Infragen IPO allotment Status.
  5. Next, enter the captcha in the box and submit your request for the K2 Infragen IPO allotment.
  6. The IPO allotment status of K2 Infragen will appear on your screen, you can check the shares you have applied for and the shares allotted to you in the status. 

K2 Infragen IPO Refund and Listing Dates 

We have already mentioned the allotment dates for the K2 Infragen IPO, the refund initiation date for the shares you subscribed to but did not get allotted will commence on 5 April 2024. 

K2 Infragen IPO Allotment Status 

The company plans to list the shares on NSE SME on 8 April 2024. 

Investors must mark these dates of K2 Infragen IPO events to stay up-to-date with IPO:

Date  K2 Infragen IPO Dates 
3 April  IPO Closes date 
5 April 2024 Refund Initiation 
8 April 2024 IPO Listing Date

K2 Infragen IPO Details 

K2 Infragen aims to utilize the funds from the IPO to meet the needs of working capital, capital expenditure, and the other general purposes of the company. 

The book-built issue of the K2 Infragen IPO contains 34.06 lakh shares and the company expects to raise around ₹40.54 crore.

The price band of the issue is fixed at ₹111 to ₹119 per equity share with a face3 value of ₹10 per equity share. The minimum market lot size of the K2 Infragen is 1200 shares. 

The book-running lead manager of the K2 Infragen IPO decided after the IPO pitch is Expert Global Consultants Private Limited and the market maker, Rikhav Securities, holds 249,600 shares. 

Company K2 Infragen 
Issue Type  Book-Built Issue 
Total Issue Size  34,06,800 shares matches up to ₹40.54 crore
Face Value ₹10 per equity share
Fresh issue size 34,06,800 shares matches up to ₹40.54 crore
Price band  ₹111 to ₹119 per equity share
Listing at  NSE SME 

K2 Infragen IPO Reservation and Lot Size

The Company has distributed the offer issue shares to the investor category in the following manner:

Investor Category Shares Offered
Anchor Investor  27.79%
QIB (Qualified Institutional Buyers) 18.53%
Retail  32.44%
Non-Institutional Investors (HNI) 13.91%
Market Maker 7.33%

The minimum lot size of the K2 Infragen IPO is 1200 shares with a minimum investment of ₹142,800. The lot size distribution of K2 Infragen is as follows:

Investor category Lots Shares Amount 
Retail (min.) 1 1200 ₹142,800
Retail (max.) 1 1200 ₹142,800
HNI (mini.) 2 2400 ₹285,600

According to the bidding details of the K2 Infragen IPO, the QIB investors have subscribed 0.86 times, retail investors have applied 0.90 times, and the NII investors have subscribed 0,74 times till now. 

Investors who wish to invest in this EPC company still have time to invest and subscribe for the IPO till 3 April 2024. 

Go to investbihar Homepage To Get Relevant Content.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top