K2 Infragen Ltd - Stock Valuation and Financial Performance

K2 Infragen Limited was originally incorporated as ‘K2 Powergen Private Limited’ under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated March 5, 2015 issued by Registrar of Companies, Delhi. Subsequently the name of the Company was changed from ‘K2 Powergen Private Limited’ to ‘K2 Infragen Private limited’ vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on February 13, 2017 vide fresh Certificate of Incorporation granted pursuant to change of name to the Company dated March 14, 2017 by Registrar of Companies Registrar of Companies, Delhi. Subsequently the company was converted into a Public Limited Company vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on September 28, 2023 and consequently the name of the Company was changed from ‘K2 Infragen Private Limited’ to ‘K2 Infragen Limited’ vide fresh Certificate of Incorporation consequent upon conversion to public company dated November 06, 2023 by Registrar of Companies, Delhi.

The company is an integrated engineering, procurement and construction (EPC) with a focus on Power Engineering and Project Engineering having experience in design and construction of various projects across many States in India viz. Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab & Delhi. It provides its services across the value chain, ranging from design, procurement, construction supervision, subcontract management and work order management to post-construction activities to its clients. 

The scope of the company’s services includes detailed design & engineering of the project, procurement of key materials, and project execution at the sites with overall project management up to the commissioning of the projects. It has design and engineering, procurement, project management and quality management teams along with fleet of 13 construction equipment and 25 vehicles. Majorly its in-house teams deliver its projects from design to completion. This reduces its dependency on third parties for key materials such as stone aggregates, bitumen and services such as design and engineering, transportation and logistics required in the development and construction of its projects. 

The company is specializing in the procurement of materials such as non-ferrous waste from the open market and, at times, through auction processes. These materials are carefully selected and segregated based on the specific quality requirements outlined by customers. This meticulous process ensures that the materials supplied to customers meet their exact specifications, contributing to the evolving relationship with customers. By serving as an intermediary that bridges the gap between material sourcing and supply through mark-up model, its trading business plays a pivotal role in optimizing the supply chain and supporting various stakeholders in the value chain. 

Business area of the company

The company is mainly engaged in infrastructure and auxiliary activities. The company is an integrated engineering, procurement and construction (EPC) with a focus on Power Engineering and Project Engineering having experience in design and construction of various projects across many states.

Awards, accreditations or recognitions

• 2019: Project Engineering Company of the Year. 
• 2021: AA Class Contractor- PWD- Rajasthan.  
• 2022: Contractor Registration Certificate - PWD-MP. 

History and milestones

• 2015: Company Incorporation. 
• 2015: First Billing - L&T (Shrimadhopur Project). 
• 2016: Application for K2 Trademark. 
• 2017: Name Change from K2 Powergen Private Limited to K2 Infragen Private Limited.
• 2018: Received first more than Rs 500 lakh Project from GR Infraprojects Limited.
• 2018: First Machinery Purchase (4 Tippers (Tata) & 1 Excavator (Hyundai)).
• 2020: K2 Cloud Private Limited Incorporation (Associate Company). 
• 2020: Registration in MSME September 14, 2020 Received registration for K2 Logo.
• 2022: Received Rs 16,300 lakh Water Project from Vindhya Telelinks Limited.