| IPO date | 28 Dec 2023 – 02 Jan 2024 |
| Listing date | 05 Jan 2024 |
| Price range | 51 – 54 |
| Minimum order quantity | 2000 | (D)RHP | View |
Kay Cee Energy & Infra Limited is launching its IPO. The offer opens for subscription on December 28, 2023, and will close on January 2, 2024
Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on listing.
What does Kay Cee Energy & Infra Limited do?
Kay Cee Energy & Infra Limited is an Engineering, Procurement, and Construction (EPC) firm, specializing in constructing and commissioning power transmission and distribution systems for government and private entities. They handle projects for various government bodies, including Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL). Services include installation, testing, commissioning, and maintenance of power systems.
As of September 30, 2023, the company holds 15 projects valued at approximately ₹549.90 crores. They aim to expand by diversifying into manufacturing materials required for EHV transmission lines and substations, planning to start production by Fiscal 2025.
Schedule of Kay Cee Energy & Infra IPO
| Issue Period | 28th December to 2nd January 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | January 03, 2024 |
| Initiation of Refunds | January 03, 2024 |
| Credit of Shares | January 04, 2024 |
| Date of Listing | January 05, 2024 |
| Mandate end date | January 17, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | February 02, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | April 02, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Kay Cee Energy & Infra Limited IPO?
You can apply for the Kay Cee Energy & Infra Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Kay Cee Energy & Infra Limited IPO?
You can check the allotment status for the Kay Cee Energy & Infra Limited IPO on the website of the Registrar and Transfer agent.