Here is a full brief of Kay Cee Energy & Infra SME IPO details and GMP. Keep visiting daily for important dates and Daily GMPs. You can bid for this IPO between 28th Dec 2023 to 2nd Jan 2024. You can apply through a minimum amount of ₹108000, 2000 shares (1 Lot) and between the price range of ₹51 to ₹54.
Kay Cee Energy & Infra SME IPO
COMPANY OVERVIEW
Kay Ce Energy & Infra is an EPC company that specializes in the construction and commissioning of power transmission and distribution systems. The company offers services for both overhead and underground lines, substation construction, automation and more. Kay Ce Energy & Infra serves various government authorities and private entities.
The company has a vision of becoming a fully integrated unit and is proposing to diversify its business activities. They plan to manufacture materials required for EPC contracts of EHV transmission lines and substations. These materials will include line and substation hardware accessories, items, and fittings, along with clamps and connectors up to 765 kV, bird flight diverters, structures for substations, lines, and solar plants, electrical panels, and more. The company will implement this expansion in a phased manner.
Promotors
The promoters of the company are Mr Lokendra Jain and Mrs Shalini Jain.
THE ISSUE
The company is offering 29,50,000 fresh equity shares.
IPO Issue Size – ₹15.93 Cr
Minimum Investment – ₹108000
Kay Cee Energy & Infra SME IPO Important Dates
| Opening Date | 29th Dec 2023 |
| Closing Date | 3rd Jan 2024 |
| Allocation Date | 4th Jan 2024 |
| Refund Initiation Date | 5th Jan 2024 |
| Demat Transfer Date | 5th Jan 2024 |
| IPO Listing Date | 8th Jan 2024 |
| Issue Price | ₹71- ₹75 Per Share |
| Lot Size | 1600 shares |
| Face Value | ₹10 Per Share |
PURPOSE FOR THE IPO
The company is required to use funds for the following reasons:
- Working Capital Requirements of the Company.
- and General Corporate Purposes.
Also Read: SUPREME POWER EQUIPMENT LTD SME IPO DETAILS AND GMP PRICE
Kay Cee Energy & Infra SME IPO FINANCIAL INFO
| Period | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Total Assets | 140.69 | 64.93 | 32.76 |
| Revenue | 632.16 | 63.58 | 33.28 |
| Profit After Tax | 7.05 | 3.76 | 2.99 |
| Total Borrowing | 32.13 | 24.76 | 10.70 |
Kay Cee Energy & Infra SME IPO GMP
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 1-Jan-2023 | ₹54 | ₹65 | ₹119 |
| 31-Dec-2023 | ₹54 | ₹60 | ₹114 |
| 30-Dec-2023 | ₹54 | ₹60 | ₹114 |
| 29-Dec-2023 | ₹54 | ₹60 | ₹114 |
| 28-Dec-2023 | ₹54 | ₹45 | ₹99 |
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