The Kay Cee Energy & Infra date has been confirmed from December 28, 2023 and closes on January 2, 2024.
Kay Cee Energy & Infra Developers IPO is a fixed price issue of Rs 15.93 crores. The price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹216,000.
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Bidding Dates
Dec 28-Jan 2
Price Range
₹51 to ₹54 per share
Face Value
₹10 per share
GMP
₹90
Kay Cee Energy & Infra IPO GMP
The Kay Cee Energy & Infra IPO GMP is ₹90.
IPO Overview
Kay Cee Energy & Infra IPO is a Rs 15.93 crore book-built issuance. The issue is a completely new issue of 29.5 lakh shares. The Kay Cee Energy & Infra IPO goes on sale on December 28, 2023, and closes on January 2, 2024. The Kay Cee Energy & Infra IPO allotment is expected to be completed on Wednesday, January 3, 2024. Kay Cee Energy & Infra IPO will be listed on NSE SME on Friday, January 5, 2024, with a preliminary listing date of Friday, January 5, 2024. The price range for Kay Cee Energy & Infra’s IPO is set at 51 to 54 cents per share. A lot size of 2000 shares is required for an application. Retail investors must make a minimum commitment of ₹100,000.
Customers include well-known public sector organisations such as Rajasthan Rajya Vidyut Prasaran Nigam Limited and Power Grid Corporation of India Limited. Kay Cee Energy & Infra Limited also works with well-known private firms such as Wonder Cement Limited, H G Infra Engineering Limited, Gawar Construction Limited, Raj Shyama Constructions Private Limited, DRAIPL-GCC (JV), DMIA Nyati LLP, Larsen & Toubro Limited, and Sadbhav Engineering Limited. The organisation is ISO 9001:2015 accredited as a quality management system.
The company had 15 projects in the works as of September 30, 2023, with a total contract value of about Rs. 54,990.27 lakhs. The organisation employs over 174 people as of August 31, 2023, including 18 project managers, 30 supervisors/engineers, and 126 professional labourers. The organisation has implemented an internal integrated model to build internal resources with crucial capabilities to see a project through from start to finish.
Kay Cee Energy & Infra IPO Details
| IPO Date | December 28, 2023 to January 2, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,950,000 shares (aggregating up to ₹15.93 Cr) |
| Fresh Issue | 2,950,000 shares (aggregating up to ₹15.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,010,000 |
| Share holding post issue | 10,960,000 |
| Market Maker portion | 190,000 shares |
Kay Cee Energy & Infra Limited Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 8,332.09 | 8,017.57 | 6,370.15 | 3,807.83 |
| Revenue | 964.29 | 6,132.07 | 5,012.55 | 3,559.13 |
| Profit After Tax | 120.74 | 550.71 | 310.05 | 187.47 |
| Net Worth | 2,312.08 | 2,191.34 | 1,640.63 | 1,330.58 |
| Reserves and Surplus | 2,287.08 | 2,166.34 | 1,615.63 | 1,305.58 |
| Total Borrowing | 2,405.41 | 2,289.42 | 646.90 | 272.27 |
Kay Cee Energy & Infra IPO Timeline
| IPO Open Date | Thursday, December 28, 2023 |
| IPO Close Date | Tuesday, January 2, 2024 |
| Basis of Allotment | Wednesday, January 3, 2024 |
| Initiation of Refunds | Wednesday, January 3, 2024 |
| Credit of Shares to Demat | Thursday, January 4, 2024 |
| Listing Date | Friday, January 5, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 2, 2024 |
Company Profile
Kay Cee Energy and Infra Limited, founded in 2015, provides services for the construction and commissioning of electricity transmission and distribution networks. Engineering, procurement, and construction (EPC) projects are undertaken for government agencies such as Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL“).
Handling, erection, testing, and commissioning of equipment and materials for power transmission and distribution systems, including transmission lines, substation construction, automation,
extension/modification, and expansion of existing power systems, are all part of the company’s service portfolio. The company also provides services for the operation and maintenance of 132 kV substations, 400 kV substation maintenance, and 765 kV high-voltage lines, including the use of an emergency restoration system (ERS) for maintenance in the event of faults, among other things.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Kay Cee Energy & Infra Limited |
| Phone number | +91 80009 79358 |
| Email ID | info@kayceeenergy.in |
| Website | kayceeenergy.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
