Kay Cee Energy & Infra Limited IPO Detail
Incorporated in 2015, Kay Cee Energy & Infra Limited provides services for the construction and commissioning of electricity transmission and distribution systems.
The company undertakes engineering, procurement and construction (EPC) projects for government entities such as Rajasthan Rajya Vidyut Prasaran Nigam Limited ("RRVPNL").
The company's service portfolio includes handling, erection, testing, and commissioning of equipment and materials for power transmission and distribution systems, including transmission lines, substation construction, automation, augmentation/modification and extension of existing power systems.
The company also offers services for the operation and maintenance of 132 kV substations, the maintenance of substations up to the 400 kV level and the maintenance of EHV Lines up to the 765 kV level, including the use of an emergency restoration system (ERS) for maintenance in the event of faults, etc.
The company has introduced an internal integrated model to develop internal resources with key competencies that accompany a project from conception to completion.
As of September 30, 2023, the company has 15 projects in progress with a total order value of approximately Rs. 54,990.27 lakhs.
As of August 31, 2023, the company employs over 174 people, including 18 project managers, 30 supervisors/engineers and 126 skilled workers.
Company Promoters
Mr. Lokendra Jain and Mrs. Shalini Jain are the promoters of the company.IPO Details
| IPO Opening Date | Dec 28, 2023 |
| IPO Closing Date | Jan 02, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 - 54 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹15.93 Cr |
| Fresh Issue | 2,950,000 shares (aggregating up to ₹15.93 Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 5.96x | - | - | 53.02x | 67.93x | 47.14x |
| Day 2 | 10.37x | - | - | 186.27x | 237.25x | 161.92x |
| Day 3 | 14.27x | - | - | 337.80x | 494.80x | 324.69x |
| Day 4 | 127.71x | - | - | 1,668.97x | 1,311.10x | 1,052.45x |
IPO Tentative Timetable
The Kay Cee Energy & Infra Limited IPO open date is Dec 28, 2023, and the close date is Jan 02, 2024. The issue may list on Jan 05, 2024.
| IPO Open Date | Dec 28, 2023 |
| IPO Close Date | Jan 02, 2024 |
| Basis of Allotment Date | Jan 03, 2024 |
| Initiation of Refunds | Jan 04, 2024 |
| Credit of Shares to Demat Account | Jan 04, 2024 |
| IPO Listing Date | Jan 05, 2024 |
IPO Lot Size
The Kay Cee Energy & Infra Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹108000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹108000 |
| Maximum | 1 | 2000 | ₹108000 |
IPO Promoter Holding
| Pre Issue Share Holding | 96.12% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Jun-23 | 8332.09 | 964.29 | 120.74 |
| 31-Mar-23 | 8017.57 | 6132.07 | 550.71 |
Objects of the Issue:
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 & Infra Limited IPO Registrar:
Bigshare Services Pvt Ltd
Kay Cee Energy & Infra Limited IPO Lead Manager(s):
GYR Capital Advisors Private Limited
Company Contact Information:
Kay Cee Energy & Infra Limited
9 Krishna Vihar, Near Chungi Naka, Nanta Road, Kunhadi Kotal In Ladpura
Kota
Kota
