K2 Infragen IPO is a Rs 40-crore SME offer, which opened for subscription earlier today and will run till April 3. The shares of the IPO would be listed on NSE SME platform. Grey market trends signal a positive listing for the IPO.
The IPO includes a fresh equity issue of Rs 850 crore and an offer for sale of Rs 250 crore. Promoter SVG Business Trust is supposed to offload part equity.