Kay Cee Energy IPO GMP, Details to Watch, Guidance & Subscription Status at Chanakyanipothi.com,
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Kay Cee Energy IPO Post Listing Review :
The scrip listed at Rs. 252, 366.67% premium over its listing price
Kay Cee Energy IPO Subscription
On 02 January 2024 5.00 pm (Day 4) (Closed)
Review: Extra-ordinary response!!!
QIB: 1380000 Shares 127.71 T
NII: 414000 Shares 1668.97 T
RII: 966000 Shares 1311.10 T
Total: 2760000 Shares 1052.45 T
Bids of Rs. 16765.53Cr
What is the business of Kay Cee Energy?
Kay Cee Energy & Infra Limited is an Engineering, Procurement and Construction (“EPC”) company providing specialized services of construction and commissioning of power transmission and distribution system including overhead and underground lines, substation construction, automation etc. to various government authorities and private entities.
It undertakes EPC projects for various government entities, including but not limited to Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL”). Its service portfolio includes handling, erection, testing, commissioning of equipment and materials for power transmission & distribution System including lines, substation construction, automation, augmentation/ modification and extension of existing power system. The service portfolio of the Company also includes the Operation and Maintenance of 132 kV Substations, Maintenance of substations up to 400 kV Level and Maintenance of EHV Lines up to 765 kV Level including deployment of Emergency Restoration System (ERS) for breakdown maintenance etc. It undertakes turnkey, partial turnkey and labour contract jobs for supply, civil, erection, testing & commissioning of all types of electrical system works for government and private entities.
As on September 30, 2023, the Company has 15 projects in hand with an aggregate order book value of approximately Rs 54,990.27 lakhs.
Get more information about the company @ https://kayceeenergy.com/
Kay Cee Energy IPO Details | |
IPO opens on | 28 December 2023 |
IPO closes on | 2 January 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | 2950,000 Sh /Rs 15.93 Cr |
* Fresh Issue | 2950,000 Sh /Rs 15.93 Cr |
* Offer for Sale | – Sh / Rs. – Cr |
Market Maker Portion | 190000 Sh. |
Net offer to Public | 2760000 Sh./Rs.14.90 Cr |
Face Value per share | Rs. 10 |
Price Band | Rs. 51-54 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 2000 Shares |
Listing will at | NSE SME |
Shares offered in Kay Cee Energy IPO | ||
Shares | Rs. (Cr) | |
QIB (50%) | 1380000 | 7.45 |
NII (15%) | 414000 | 2.23 |
RII (35%) | 966000 | 5.22 |
Total Shares | 2760000 | 14.90 |
Retail portion will be oversubscribed by | 483 | |
Forms | ||
How much Shares to Apply in Kay Cee Energy IPO? | ||
Min Retail Application | 2000 Sh | Rs. 108000 |
Min HNI Application | 4000 Sh | Rs.2160000 |
Who are the Promoters of Kay Cee Energy IPO?
Mr. Lokendra Jain and Mrs. Shalini Jain are the promoters of the company.
What are the Objects of Kay Cee Energy IPO?
The Offer comprises of a Fresh Issue Shares
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Funding the working capital requirements of the company.
General corporate purposes.
Kay Cee Energy IPO Tentative timetable | |
IPO opens on | 28 December 2023 |
IPO Closes on | 02 January 2024 |
IPO Allotment on | 03 January 2024 |
Refund Initiation | 04 January 2024 |
Credit of Shares | 04 January 2024 |
Listing on | 05 January 2024 |
Registered Office of the Company Kay Cee Energy & Infra Limited 9 Krishna Vihar, Near Chungi Naka, Nanta Road, Kunhadi Kotal In Ladpura, Kota-324001 |
Who is the Lead Manager of Kay Cee Energy IPO? GYR Capital Advisors Pvt Ltd |
Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
Kay Cee Energy IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoNW |
Rs.in Cr | Rs.in Cr | Rs. | % | |
2020-21 | 35.59 | 1.87 | – | 14.09 |
2021-22 | 50.13 | 3.10 | – | 18.90 |
2022-23 | 61.32 | 5.51 | – | 25.13 |
Book Value of the Share on | 31.03.2023 | Rs – | ||
BV of the Share at cap price | after the IPO | Rs. ? | ||
Offer Price/upper band | Rs. 54 |
Kay Cee Energy IPO Key Performance indicators |
|
Price/last EPS of 22-23 | – |
Price/BV Ratio | – |
Upper price/BV after IPO |
How Kay Cee Energy IPO compares with the Peers?
As on date of DRHP | FV | Total | PE |
Rs. | Income In Cr | Ratio of | |
Kay Cee Energy | 10 | – ? | |
Viviana Power Tech | 10 | – | 24.17 |
KEC International | 2 | – | 96.93 |
– | – | – | |
– | – | – |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Kay Cee Energy IPO To the point Guidance
Kay Cee Energy & Infra Limited is an Engineering, Procurement and Construction (“EPC”) company providing specialized services of construction and commissioning of power transmission and distribution system including overhead and underground lines, substation construction, automation etc. to various government authorities and private entities.
Size: Being a SME IPO, the size of the IPO (Rs 15.93 Cr) is not very large, as per the recent trend. With just 483 applications, retail portion will get one time subscribed. Considering, the hunger of the investors, IPO may get oversubscribed easily.
Financial Snapshot: The company has reasonably good topline during last 3 years, however it has earned meagre profits during FY21 & FY 22. Extra-ordinary performance for FY23 (from Rs. 1.97Cr in 2021-22 to Rs. 5.51 Cr in 2022-23) ahead of IPO raises eyebrows and concern over sustainability. If the company can sustain the performance of FY 23 in future, then the price is very reasonable. So, have a look at the Premium market and then decide.
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Kay Cee Energy IPO GMP Detail IPO GMP today details?
Kay Cee Energy IPO
Kay Cee Energy IPO FAQs
What is Kay Cee Energy IPO?
Kay Cee Energy IPO is a SME IPO of 2950,000 equity shares of the face value of Rs. 10 aggregating up to Rs.15.93 Crores. The issue is priced at Rs.51-54 per share. The minimum order quantity is 2000 Shares.
When Kay Cee Energy IPO will open?
The Kay Cee Energy IPO opens on December 28, 2023, and closes on January 2, 2024.
What is the lot size of Kay Cee Energy IPO?
Kay Cee Energy IPO lot size is 2000 Shares, and the minimum amount required is Rs.108,000.
How to apply for Kay Cee Energy IPO?
You can apply in Kay Cee Energy IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Kay Cee Energy IPO allotment?
The finalization of Basis of Allotment for Kay Cee Energy IPO will be done on January 3, 2024, and the allotted shares will be credited to your demat account by January 4, 2024.
When is Kay Cee Energy IPO listing date?
The Kay Cee Energy IPO listing date is not yet announced. The tentative date of Kay Cee Energy IPO listing is January 5, 2024.