Kay Cee Energy & Infra IPO

Kay Cee Energy & Infra IPO will open for subscription from 28 December 2023. The company aims for an issue size of ₹15.93 Cr through this IPO.

Company Overview

Full nameKay Cee Energy & Infra Limited
IndustryEngineering – Construction
Company Websitehttps://kayceeenergy.com/

About Company

Kay Cee Energy & Infra operates as an Engineering, Procurement, and Construction (EPC) firm, delivering specialized services for constructing and commissioning power transmission and distribution systems. This encompasses the installation of overhead and underground lines, substation construction, automation, and related services. The company takes on EPC projects for various government entities, such as Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL). Kay Cee Energy’s service portfolio encompasses the handling, erection, testing, and commissioning of equipment and materials for power transmission and distribution systems. This includes lines, substation construction, and automation services, as well as the augmentation, modification, and extension of existing power systems. The company also provides operation and maintenance services for 132 kV substations, maintenance for substations up to 400 kV level, and maintenance for Extra High Voltage (EHV) lines up to 765 kV level. This includes the deployment of Emergency Restoration Systems (ERS) for breakdown maintenance and related tasks.

As of 30 September 2023, the company is currently handling 15 projects, with a combined order book value of approximately INR 549.90 crores. Kay Cee Energy also engages in EPC projects for private entities, including but not limited to Wonder Cement Limited, H G Infra Engineering Limited, Gawar Construction Limited, Raj Shyama Constructions Private Limited, DRAIPL-GCC (JV), DMIA Nyati LLP, Larsen & Toubro Limited, Sadbhav Engineering Limited, and others.

The Objectives of the Issue

  • Funding the working capital requirements of the company.
  • General corporate purposes.

Kay Cee Energy & Infra IPO Timetable

IPO Opening date28 December 2023
IPO Closing02 January 2024
Basis of Allotment03 January 2024
Initiation Refund03 January 2024
Credit to Demat Account04 January 2024
Listing Date05 January 2024
(Cut-off time for UPI mandate confirmation – 5 PM on January 2, 2024)

Kay Cee Energy & Infra IPO details

Issue typeBook Built Issue IPO
IPO issue size₹15.93 Cr – 2,950,000 shares
Fresh Issue₹15.93 Cr – 2,950,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹51 to ₹54 per share
Lot size2000 Shares
Market Maker portion190,000 shares
Shareholding pre-issue8,010,000
Shareholding post-issue10,960,000
Listing ExchangeNSE SME

Kay Cee Energy & Infra IPO Lot Size

Retail (Min)12000₹108,000
Retail (Max)12000₹108,000
HNI (Min)24,000₹216,000

Kay Cee Energy & Infra IPO Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered800,000 (27.12%)
Market Maker Shares Offered190,000 (6.44%)
QIB Shares Offered556,000 (18.85%)
NII (HNI) Shares Offered422,000 (14.31%)
Retail Shares Offered982,000 (33.29%)
Total Shares Offered2,950,000 (100%)

Kay Cee Energy & Infra Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Net income1.873.105.511.21
(Amount in ₹ Crores)

Kay Cee Energy & Infra Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio7.17 – 7.59
RONW (%)14.0918.9025.13
ROCE (%)16.4319.8622.32
EBITDA (%)7.609.2416.45

Company Promoters

  • Mr. Lokendra Jain
  • Mrs. Shalini Jain

Promoter Holding

Pre Issue Share Holding96.12%
Post Issue Share Holding

Kay Cee Energy & Infra IPO Lead Manager(s)

428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com

Kay Cee Energy & Infra Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  ipo@bigshareonline.com
Website: www.bigshareonline.com

Kay Cee Energy & Infra Contact Details

9 Krishna Vihar, Near Chungi Naka, Nanta Road,
Kunhadi Kotal In Ladpura, Kota, Rajasthan-324001
Phone: +91 80009 79358
E-mail: info@kayceeenergy.in
Website: www.kayceeenergy.com

Kay Cee Energy & Infra IPO Allotment Status

Kay Cee Energy IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Kay Cee Energy & Infra IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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