The Kay Cee Energy IPO commenced on December 28, 2023, and concluded on January 2, 2024. The allotment of shares took place on January 3, 2024, and the initiation of refunds began on January 3, 2024. The shares were credited to the demat accounts of investors on January 4, 2024. Finally, the listing of Kay Cee Energy on the stock exchange occurred on January 5, 2024.
The Kay Cee Energy IPO was priced at ₹51 to ₹54 per share, with a lot size of 2000 shares. The total issue size was ₹15.93 crores, comprising a fresh issue of ₹15.93 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 18.85% of the shares, the NII (Non-Institutional Investors) quota was reserved for 14.31% of the shares, and the retail quota was reserved for 33.29% of the shares.
Kay Cee Energy IPO Basic Details
| Company Name | Kay Cee Energy & Infra Limited |
| Domain of Company | Power Distribution Company |
| Kay Cee Energy IPO GMP Today | ₹45 |
| Kay Cee Energy IPO Listing Gain | 83.33% |
| Kay Cee Energy IPO Open Date | December , 2023 |
| Kay Cee Energy IPO Close Date | January 2, 2024 |
| Kay Cee Energy IPO Allotment Date | January 3, 2024 |
| Kay Cee Energy IPO Listing Date | January 5, 2024 |
| Face Value | ₹10 per share |
| Price | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,950,000 shares of ₹10 (aggregating up to ₹15.93 Cr) |
| Fresh Issue | 2,950,000 shares of ₹10 (aggregating up to ₹15.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Lokendra Jain and Mrs. Shalini Jain |
Kay Cee Energy IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹45 | 83.33% | – | – |
| 28 December 2023 | ₹45 | 83.33% | – | – |
| 27 December 2023 | ₹45 | 83.33% | – | – |
Kay Cee Energy & Infra IPO Details:
Established in 2015, Kay Cee Energy and Infra Limited offers services for building and setting up electricity transmission and distribution systems.
We handle projects for government entities like Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL”). Our services include managing, setting up, testing, and commissioning equipment and materials for power transmission and distribution systems. This involves working on transmission lines, constructing substations, automation, and making modifications or expansions to existing power systems.
Additionally, we provide services for operating and maintaining substations up to 132 kV, maintaining substations up to the 400 kV level, and taking care of high-voltage lines up to the 765 kV level. This includes using an emergency restoration system (ERS) for maintenance during faults and emergencies.
Our clientele comprises loyal customers, including renowned public sector companies like Rajasthan Rajya Vidyut Prasaran Nigam Limited and Power Grid Corporation of India Limited. We also cater to reputed private companies 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.
We are proud to be certified with a quality management system in accordance with ISO 9001:2015.
Kay Cee Energy & Infra Limited follows an internal integrated model to develop internal resources with key competencies, ensuring we can handle a project from its initial concept to its successful completion.
As of September 30, 2023, we have 15 ongoing projects with a total contract value of approximately Rs. 54,990.27 lakhs.
As of August 31, 2023, our team consists of over 174 employees, including 18 project managers, 30 supervisors/engineers, and 126 skilled workers.
Kay Cee Energy IPO More Details Click Here
Kay Cee Energy IPO FAQs
When is Kay Cee Energy IPO open?
Kay Cee Energy IPO will open on 28 December 2023.
When is Kay Cee Energy IPO Close?
Kay Cee Energy IPO will be closed on 2 January 2023.
What is Kay Cee Energy IPO GMP Today?
The Kay Cee Energy IPO GMP aka Grey Market Premium is ₹45.
What is Kay Cee Energy IPO Kostak Rates Today?
The Kay Cee Energy IPO Kostak Rate is ₹000.
What is Kay Cee Energy IPO Subject to Sauda Price Today?
The Kay Cee Energy IPO subject to sauda rates is ₹000.
Kay Cee Energy IPO Expected Returns?
The Kay Cee Energy expected return is 83.33%.
How much will be the listing gain in Kay Cee Energy IPO?
Kay Cee Energy IPO will get listing gain of 83.33%. (Approx.)
