Kay Cee Energy & Infra SME IPO DETAILS AND GMP

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.

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 Date29th Dec 2023
Closing Date3rd Jan 2024
Allocation Date4th Jan 2024
Refund Initiation Date5th Jan 2024
Demat Transfer Date5th Jan 2024
IPO Listing Date8th Jan 2024
Issue Price₹71- ₹75 Per Share
Lot Size1600 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

Period31 Mar 202331 Mar 202231 Mar 2021
Total Assets140.6964.9332.76
Revenue632.1663.5833.28
Profit After Tax7.053.762.99
Total Borrowing32.1324.7610.70
Amount in ₹ Crore

Kay Cee Energy & Infra SME IPO GMP

DateIPO PriceGMPEst. 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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