How To Check K2 Infragen IPO Allotment Status

K2 Infragen’s Initial Public Offering (IPO) allotment status is set to be revealed later today, April 4th, following a notable subscription period that began on March 28 and concluded on April 3. With the IPO priced between ₹111 to ₹119 per share, investors were presented with the opportunity to partake in lots of 1200 shares each, at a face value of ₹10.

Prospective investors and those who have thrown their hat in the ring for the K2 Infragen IPO can check their allotment status via two primary channels – the Bombay Stock Exchange (BSE) platform or the Kfin Technologies website, the designated IPO registrar.

How to check K2 Infragen IPO allotment status on Registrar's website

  • Step 1: Visit the Kfin Technologies’ website here
  • Step 2: Pick ‘K2 Infragen' from the Select Company dropdown menu
  • Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC
  • Step 4: Enter the details as per the option selected
  • Step 5: Hit the Submit button. Your K2 Infragen IPO allotment status should show up on screen.

See also: Bharti Hexacom IPO Day 2: Subscription Status, GMP, And Other Key Details

How to check K2 Infragen IPO allotment status on BSE website

  • Step 1: Visit the BSE website
  • Step 2: Select ‘Equity' under the Issue Type
  • Step 3: Choose K2 Infragen Limited from the drop-down menu
  • Step 4: Enter Application No or PAN
  • Step 5: Complete the captcha
  • Step 6: Click on ‘Submit" to retrieve your K2 Infragen IPO allotment status.

K2 Infragen IPO Subscription Details and Company Overview

On the final day of bidding, investors subscribed to the K2 Infragen IPO over 46.35 times. The SME IPO garnered bids for 11.4 crore shares against the 24.6 lakh shares offered. Investors in the retail portion applied for almost 4.5 crore shares, while the QIB and NII categories saw applications for 1.47 crore and 5.43 crore shares, respectively.

K2 Infragen started in 2015 and was first called K2 Powergen Private Limited. It focuses on engineering, getting materials, and building projects. Last year, the company made a lot more money, with its income and profit after tax going up 103.25% and 463.79%, respectively.

The company plans to raise ₹40.54 crore by selling 34.07 lakh new shares. The tentative listing date for K2 Infragen on the NSE SME stock exchange is April 8, 2024.

Read next: How To Check Yash Optics IPO Allotment Status

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Posted In: NewsIPOsK2 Infragen