Kay Cee Energy & Infra IPO Review

 
Kay Cee Energy & Infra IPO Review

IPO Open Date: December 28, 2023

IPO Close Date: January 2, 2024

IPO Price: ₹51 to ₹54 per share

Lot Size: 2000 Shares

Listing: January 5, 2024

Kay Cee Energy & Infra is scheduled to hit the market on December 28, 2023 and close on January 2, 2024. Kay Cee Energy & Infra plans to raise around ₹15.93 Cr through an IPO with a sale of up to 2,950,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.

Established in 2015, Kay Cee Energy and Infra Limited specializes in the construction and operational commissioning of electricity transmission and distribution infrastructures.

The firm engages in comprehensive engineering, procurement, and construction (EPC) endeavors, collaborating notably with government bodies like Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL”). Their offerings encompass the management, installation, testing, and commissioning of essential equipment and components pivotal to power transmission and distribution networks. This includes tasks such as constructing transmission lines, setting up substations, integrating automation solutions, and enhancing or expanding current power infrastructures.

Kay Cee Energy & Infra


Kay Cee Energy & Infra IPO Details

Kay Cee Energy & Infra opens on Dec 28, 2023, and closes on Jan 02, 2024. The Listing date for Kay Cee Energy & Infra IPO is on Jan 05, 2024. The price band for IPO is ₹51 to ₹54 per share and lot size of 2000 Shares.

IPO DateDec 28 , 2023 to Jan 02, 2024
Listing DateJan 05, 2024
Price₹51 to ₹54 per share
Lot Size2000 Shares
Issue Size₹15.93 Cr
Face Value₹10 per share

Kay Cee Energy & Infra IPO Tentative Timetable

Kay Cee Energy & Infra opening date is December 28, 2023 and close date is January 2, 2024. The IPO allotment date is January 3, 2024. The refund initiation of IPO is on January 3, 2024. The credit of shares in demat account is on January 04, 2024. The listing date is on January 5, 2024.

EventDate
IPO OpeningDec 28, 2023
IPO ClosingJan 02, 2024
IPO Allotment DateJan 03, 2023
Refund InitiationJan 03, 2024
Shares Credit to DematJan 04, 2024
Lisiting DateJan 05, 2024

Kay Cee Energy & Infra IPO Lot Size

Lot Size of this IPO is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹108,000).

CategoryLotsSharesAmount
Retail(Minimum)12000₹108,000
Retail(Maximum)12000₹108,000
HNI (Minimum)24000₹216,000

Kay Cee Energy & Infra IPO Promoter Holding

Pre Issue Share Holding96.12%
Post Issue Share Holding71.67%

Kay Cee Energy & Infra IPO Review

The company's operational approach stands out with its internal integrated model, ensuring seamless progression of projects from inception to completion. As of September 30, 2023, Kay Cee Energy & Infra Limited had 15 ongoing projects, highlighting its active involvement in the sector. With a workforce of over 174 professionals, including project managers, supervisors, engineers, and skilled workers, the company possesses a robust team equipped to handle complex infrastructure projects.

Financially, the company has showcased commendable growth, with revenue increasing by 22.33% and profit after tax surging by 77.62% between FY 2022 and FY 2023. Such growth trajectories emphasize the company's ability to capitalize on market opportunities and efficiently manage its operations. Key financial indicators, such as a P/E ratio of 7.59 and ROE of 25.13%, provide potential investors with insights into valuation and profitability metrics.

Kay Cee Energy & Infra Limited's intention to channel the IPO proceeds towards working capital requirements and general corporate purposes signifies its strategic intent. The company's decision to bolster its working capital and address overarching corporate needs demonstrates a forward-looking approach to sustaining growth and operational excellence.

Kay Cee Energy & Infra IPO Subscription Status (Bidding Details)

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Kay Cee Energy & Infra IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Kay Cee Energy & Infra IPO FAQs

What is Kay Cee Energy & Infra IPO?

Kay Cee Energy & Infra is issuing 2,950,000 equity shares with a face value of ₹10 each, totaling up to ₹15.93 Cr. The shares are being offered at a price of ₹51 to ₹54 each, with a minimum order quantity of 2000 shares.

Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Kay Cee Energy & Infra IPO will open?

Kay Cee Energy & Infra will open on December 28 , 2023 for QIB, NII, and Retail Investors.

When Kay Cee Energy & Infra IPO will end?

Kay Cee Energy & Infra will end on January 2, 2024.

What is Kay Cee Energy & Infra IPO Size?

Kay Cee Energy & Infra IPO size is ₹15.93 Cr.

What is Kay Cee Energy & Infra IPO Price Band?

Kay Cee Energy & Infra price band is ₹51 to ₹54 per share.

What is the Kay Cee Energy & Infra IPO Allotment Date?

Kay Cee Energy & Infra allotment date is January 03, 2024.

What is the Kay Cee Energy & Infra IPO Listing Date?

Kay Cee Energy & Infra listing date is January 05, 2024. The IPO is to be listed on BSE and NSE.

How to Apply Kay Cee Energy & Infra IPO through Zerodha?

To apply for the IPO “Kay Cee Energy & Infra” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Kay Cee Energy & Infra IPO through Upstox?

To apply for the IPO “Kay Cee Energy & Infra” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Kay Cee Energy & Infra IPO Allotment Status?

For Kay Cee Energy & Infra IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Kay Cee Energy & Infra IPO GMP?

You can check out here: Kay Cee Energy & Infra IPO GMP

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I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

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