Historic listing by KP Green

For the first time in the corporate history of the diamond city in Surat, the BSE listing ceremony of the KP Green Engineering Limited was held in Surat amid the presence of Dr. Faruk G Patel, chairman and managing director of KP Group based in Surat, managing director of BSE Ajay Thakur, KP Group brand ambassadors actor Suraj Pancholi and former Indian cricketer Munaf Pate at the Platinum Hall of the Surat International Exhibition and Convention Centre (SIECC) at Surat on Friday.

- MELVYN THOMAS

The market buzz surrounding KP Green Engineering was palpable as the company's share price surged in its debut on the BSE SME platform. Listing at Rs 210, a remarkable premium of 44.82 % over the issue price, the company's shares witnessed an upper circuit, with transactions exceeding 1 crore shares—an unprecedented feat in the SME IPO history.

KP Group, renowned for its leadership in the renewable energy sector, now proudly boasts three listed companies on the BSE, with KP Energy and KP Green Energy preceding KP Green Engineering. With a cumulative market capitalization of approximately Rs 13,000 crore, KP Group continues to be a trailblazer in the Indian corporate landscape.