What you must know about Kay Cee Energy & Infra IPO?
by 5paisa Research Team
21 Dec 2023
Listing Details
- Listing Exchange NSE SME
- Listing Date 05-Jan-24
- IPO Price Range ₹ 51 to ₹ 54
- Listing Price ₹ 252
- Listing Change 366.7%
- Last Traded Price ₹ 308.7
- Current Change 471.7%
Kay Cee Energy IPO Details
- Open Date 28-Dec-23
- Close Date 02-Jan-24
- Lot Size 2000
- IPO Size ₹ 15.93 Cr
- IPO Price Range ₹ 51 to ₹ 54
- Min Investment ₹ 102000
- Listing Exchange NSE SME
- Basis of Allotment 03-Jan-24
- Refunds 03-Jan-24
- Credit to Demat Account 04-Jan-24
- Listing Date 05-Jan-24
Kay Cee Energy & Infra IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 28-Dec-23 | 5.96 | 53.42 | 69.33 | 47.93 |
| 29-Dec-23 | 10.37 | 187.55 | 240.35 | 163.74 |
| 01-Jan-24 | 18.42 | 460.44 | 622.03 | 416.01 |
| 02-Jan-24 | 127.71 | 1,668.97 | 1,311.10 | 1,052.45 |
Kay Cee Energy IPO Synopsis
Kay Cee Energy & Infra Limited IPO is all set to open from 28th December 2023 to 2nd January 2024. It is an Engineering, Procurement and Construction (“EPC”) company. The IPO includes a fresh issue of 2,950,000 shares worth ₹15.93 cr. The share allotment date is 3rd January 2024, and the IPO will be listed on 5th January 2024 on the stock exchanges. The price band is ₹51 to ₹54 per share and the lot size is 2000 shares.
GYR Capital Advisors Private Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Kay Cee Energy & Infra IPO
Kay Cee Energy & Infra Limited plans to utilize the raised capital from the IPO to:
● To fund the working capital requirements.
● General corporate purposes.
About Kay Cee Energy & Infra
Incorporated in 2015, Kay Cee Energy & Infra Limited is an Engineering, Procurement and Construction (“EPC”) company. It provides solutions related to the construction and commissioning of power transmission and distribution systems such as overhead and underground lines, substation construction, automation, and more.
Kay Cee Energy & Infra’s portfolio includes:
● Handling, erection, testing, and commissioning of equipment and materials for power transmission & distribution System. This includes lines, substation construction, automation, augmentation/ modification and extension of the existing power system.
● Operation and Maintenance of 132 kV Substations
● Maintenance of substations up to 400 kV Level
● Maintenance of EHV Lines up to 765 kV Level such as deployment of Emergency Restoration System (ERS) for breakdown maintenance, etc.
● Turnkey, partial turnkey and labor contract jobs for supply, civil, erection, testing & commissioning of all types of electrical systems.
The company works for government entities such as Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL”) as well as private entities such as Wonder Cement Limited, H G Infra Engineering Limited, Gawar Construction Limited, Raj Shyama Constructions Private Limited, Larsen & Turbo Limited, Sadbhav Engineering Limited, and more.
As of September 2023, Kay Cee Energy & Infra has 15 projects. The company also has an ISO 9001:2015 certification for quality.
Peer Comparison
● Viviana Power Tech Limited
● KEC International Limited
For More Information:
Kay Cee Energy & Infra IPO GMP
Webstory on Kay Cee Energy & Infra IPO
Kay Cee Energy & Infra Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 61.09 | 49.59 | 34.77 |
| EBITDA | 10.08 | 4.63 | 2.71 |
| PAT | 5.50 | 3.10 | 1.87 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 80.18 | 63.70 | 38.08 |
| Share Capital | 0.25 | 0.25 | 0.25 |
| Total Borrowings | 58.26 | 47.29 | 24.77 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -13.70 | 11.32 | -12.94 |
| Net cash from / (used in) investing activities | 0.019 | -15.54 | 0.055 |
| Net cash flow from / (used in) financing activities | 13.48 | 3.23 | -1.25 |
| Net increase (decrease) in cash and cash equivalents | -0.20 | -0.20 | -14.14 |
Kay Cee Energy IPO Key Points
-
Strengths
1. The company has a strong Order Book of supply, Erection and commissioning of EHV transmission lines, and sub-stations from public sector units.
2. It has industry experience with strong execution capabilities.
3. It has a good existing client relationship.
4. It has ISO 9001:2015 certification for quality.
5. Experienced Management team.
-
Risks
1. A significant portion of the revenue is dependent on successful bidding from the government and private agencies.
2. Revenue is also dependent on operations from Rajasthan.
3. Higher working capital requirement.
4. The company has reported negative cash flows in the past.
5. Any risks inherent to power sector projects could materially and adversely affect the business.
Kay Cee Energy
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
Be a part of the 5paisa community now with 10 million mobile app users
There is some issue, try later
By Proceeding, you agree T&C*
Kay Cee Energy IPO FAQs
When does the Kay Cee Energy & Infra IPO opens and closes?
Kay Cee Energy & Infra IPO opens from 28th December 2023 to 2nd January 2024.
What is the size of the Kay Cee Energy & Infra IPO?
The size of Kay Cee Energy & Infra IPO is ₹15.93 cr.
How to apply for the Kay Cee Energy & Infra IPO?
To apply for Kay Cee Energy & Infra IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Kay Cee Energy & Infra Limited IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
What is GMP of Kay Cee Energy & Infra IPO?
The GMP value of every IPO changes daily. To view today's GMP of Kay Cee Energy & Infra IPO visit https://www.5paisa.com/ipo/ipo-gmp
What is the price band of Kay Cee Energy & Infra IPO?
The price band of Kay Cee Energy & Infra IPO is ₹51 to ₹54 per share.
What is the minimum lot size and investment required for the Kay Cee Energy & Infra IPO?
The minimum lot size of Kay Cee Energy & Infra IPO is 2000 shares and the investment required is ₹1,02,000.
What is the allotment date of the Kay Cee Energy & Infra IPO?
The share allotment date of Kay Cee Energy & Infra IPO is 3rd January 2024.
What is the Kay Cee Energy & Infra IPO listing date?
The Kay Cee Energy & Infra IPO will be listed on 5th January 2024.
Who are the book runners for the Kay Cee Energy & Infra IPO?
GYR Capital Advisors Private Limited is the book-running lead manager for Kay Cee Energy & Infra IPO.
What is the objective of Kay Cee Energy & Infra IPO?
Kay Cee Energy & Infra Limited plans to utilize the raised capital from the IPO to:
1. To fund the working capital requirements.
2. General corporate purposes.
Contact Details of Kay Cee Energy & Infra IPO
Contact Information
Kay Cee Energy & Infra Limited
9 Krishna Vihar,
Near Chungi Naka, Nanta Road,
Kunhadi Kotal In Ladpura, Kota-324001
Phone: +91 80009 79358
Email: info@kayceeenergy.in
Website: https://kayceeenergy.com/
Kay Cee Energy & Infra IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Kay Cee Energy & Infra IPO Lead Manager
GYR Capital Advisors Private Limited
Kay Cee Energy IPO Related Articles
