Kay Cee Energy ipoKay 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



    What was the last GMP of Kay Cee Energy IPO?
    Premium: Rs. 75
    Allotted Applications Rs. 160000 IPO grey market

    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.

    Quicklinks


    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.

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