KPI Global IPO

KPI Global IPOKPI Global IPO Description - KPI Global is a solar power generating company, operating as an Independent Power Producer (IPP) under the brand name of ‘Solarism’ and as Captive Power Producer (CPP). The company builds, owns, operates and maintains grid connected solar power projects as IPP and generates revenue by entering into Power Purchase Agreements (PPA) with third parties for selling power units generated through its solar projects.

It develops, transfers, operates and maintains grid connected solar power projects for CPP customers and generates revenue by selling these projects to third parties for their captive use requirements. Both these businesses, IPP and CPP, are currently carried out at its plant located at Sudi & Tanchha village, Amod, Bharuch, Gujarat (Solarism Plant). The company has also established a ~13.25 km long 66 KV transmission line from its Solarism Plant to the Gujarat Energy Transmission Corporation Limited (GETCO) substation located at Amod, Bharuch, Gujarat (Amod Substation), for evacuation of the solar power generated at the Solarism Plant.

The company plans to increase its solar power generation capacity by setting up another solar power project for 25 MW at Sudi, Samiyala & Tanchha village, Amod, Bharuch, Gujarat with an estimated cost of INR13,203.76 Lakh and with proposed date of commercial commencement in July 2019.

Promoters of KPI Global – Faruk G. Patel
KPI Global Infrastructure IPO details
Subscription Dates 8 - 11 January 2019
IPO Price band INR80 per share
Fresh issue 4,992,000 shares (INR39.94 crore)
Offer for sale Nil
Total IPO size 4,992,000 shares (INR39.94 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Part finance setting up a 25 MW Solar Power Project at Sudi village, Samiyala village, Tanchha village, located in Amod Tehsil in Bharuch District of Gujarat - INR34.59 crore
  • General corporate purposes - INR3.54 crore
  • Issue Expenses - INR1.80 crore
KPI Global's financial performance (in INR crore)
FY2016 FY2017 FY2018 H1 FY2019
Total revenue 27.51 26.02 31.58 18.21
Total expenses 16.02 12.37 19.34 12.80
Profit after tax 7.68 8.12 11.41 3.87
KPI Global's Contact Details

KPI Global Infrastructure Limited
Shop No A-1/2, Firdos Tower
Near Fazal Tower, Adajan Patia
Surat – 395 009

Phone: +91 261 2764757
Email: [email protected]
Website: www.kpiglobal.kpgroup.co

KPI Global IPO Subscription Details
Day Subscription (no. of times)
Day 1 1.50
Day 2 2.06
Day 3 3.40
Day 4 10.92
KPI Global Valuation (For FY2018)

Earnings Per Share (EPS): INR9.39

Price/Earnings (P/E) ratio: 9.20

Return on Net Worth (RONW): 20.12%

Net Asset Value (NAV): INR43.80 per share

Registrar of KPI Global IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

KPI Global IPO Allotment Status

KPI Global IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of KPI Global

IPO Opening Date: 8 January 2019

IPO Closing Date: 11 January 2019

Finalisation of Basis of Allotment: 17 January 2019

Initiation of refunds: 18 January 2019

Transfer of shares to demat accounts: 21 January 2019

Listing Date: 22 January 2019

Listing Price on BSE SME: INR80.8 per share (up 1% from IPO price)

Closing Price on BSE SME: INR81.3 per share (up 1.62% from IPO price)

KPI Global IPO
4.1 (82.86%) 14 votes

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