Details of the KP Green Engineering IPO: The IPO date is set; it will begin on March 15 and end on March 19. The goal of KP Green Engineering’s IPO is to raise ₹189.50 crores as a BSE SME. With a market lot of 1000 shares, the KP Green Engineering IPO price range is set at ₹137 to ₹144.

Located in Surat, Gujarat, KP Green Engineering is a company that generates solar electricity. The company’s primary business is the supply of solar electricity, either as the captive power producer (CPP) or as an independent power producer (IPP) operating under the “Solarism” brand. As an IPP, they develop, own, run, and maintain grid-connected solar power projects. They also make money by signing Power Purchase Agreements (or “PPAs”) with other parties to sell the power units that solar projects produce. For the benefit of CPP clients, they design, transfer, manage, and maintain grid-connected solar power systems. They also make money by selling these projects to other parties for their captive usage needs. Currently, their factory (Solarism factory) in Sudi & Tanchha village, Amod, Bharuch, Gujarat, is the site of both these businesses: IPP and CPP. In order to remove the solar electricity produced at their Solarism Plant, the Company has also constructed a 66 KV transmission line of about 13.25 km from their Solarism Plant to the Gujarat Energy Transmission Corporation Limited (“GETCO”) substation, which is situated in Amod, Bharuch, Gujarat (Amod Substation).

Surat Gujrat : KP Green Engineering IPO Date & Price Band Details –

Objective of the issue:

• Contribute to the capital cost of establishing a new manufacturing facility to increase present production capacity and range of products.
• General Business Objectives

Financial Report of KP Green Engineering

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