K2 Infragen IPO: GMP, subscription status, review, further details about the SME IPO in 10 points

K2 Questions IPO: The subscription for the initial public offering (IPO) of K2 Infragen Limited was opened on the last trading day of the financial year 2023-24, i.e. on Thursday last week. The tender for the SME IPO will remain open in the next financial year until April 3, 2024. This means that K2 Infragen's IPO opened on Thursday last week in FY24 and closes on Wednesday next week in FY25. According to the K2 Infragen stock exchange subscription status, the public issue is 55 percent booked. The company has set K2 Infragen's IPO price range at ₹111 to ₹119 per share and the book-build issue is proposed for listing on the NSE SME Emerge platform. The gray market is now extremely optimistic about SME IPOs. According to stock market observers, shares of the company are available at a premium of ₹31 on the gray market today.

K2 Infragen IPO Review

Here we list important details about the medium-sized IPO:

1]K2 Questions IPO GMP: Shares in the company are available at a premium of ₹31 are on the gray market today, market watchers say.

2]K2 Questions IPO Price: The company has a fixed price range for the public issue ₹111 to ₹119 per share.

3]Subscription date of K2 IPO Inquires: The book edition opened on March 28, 2024 and will remain open until April 3, 2024.

4]K2 Infragen IPO Subscription Status: After the first day of bidding, the SME IPO was subscribed 0.55 times while its retail portion was subscribed 0.91 times. The NII portion of the SME IPO was booked 0.74 times, while the QIB segment of the book-build issue was filled 0.85 times.

5]K2 Questions IPO Size: The company plans to raise ₹40.54 crore by issuing new shares.

6]K2 Questions IPO lot size: A bidder can apply in lots and one lot of the SME IPO includes 1200 company shares.

7]K2 Questions IPO Allotment Date: The allocation of shares can be expected on April 4, 2024, i.e. on Thursday of next week.

8]K2 inquiries stock exchange register: KFin Technologies Limited has been appointed as the official registrar of this SME IPO.

9]Listing of K2 Questions: The Book Build issue is proposed for listing on the NSE SME Emerge platform.

10]IPO Date of K2 Questions: The SME IPO can take place on April 8, 2024, i.e. on the second Monday in April 2024.

Discover a world of benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized news feed – it's all here, just a click away! Log in now!

Topics that might interest you