IPO Issue Details
Issue Price / Price Band₹54 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size29,50,000 shares (aggregating up to ₹15.93 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 28 Dec 2023
Subscription CloseTue, 02 Jan 2024
Anchor AllotmentWed, 27 Dec 2023
Basis of AllotmentWed, 03 Jan 2024
Initiation of RefundsWed, 03 Jan 2024
Credit of Shares to DematThu, 04 Jan 2024
Listing DateFri, 05 Jan 2024
UPI Mandate Deadline2024-01-02
Application & Investment Details
Retail — Min (1 Lots)₹1,028,000 — 2,000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 4,000 shares
QIB Quota45.97% of Issue
NII / HNI Quota14.31% of Issue
Retail Quota33.29% of Issue
Market Maker Quota6.44% of Issue
EPS (Pre-IPO)₹7.11
P/E Ratio (Pre-IPO)7.59x
P/E Ratio (Post-IPO)12.25x
Net Offer to Public27,60,000 shares (aggregating up to ₹14.90 Cr)
Reserved for Market Maker1,90,000 shares (aggregating up to ₹1.03 Cr)
Pre-IPO Promoter Holding80,10,000 shares
Post-IPO Promoter Holding1,09,60,000 shares
About Kay Cee Energy & Infra Ltd.
Founded in 2015, Kay Cee Energy and 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, construction of substations, automation, extension/modification and expansion of existing power systems.The company also provides services for the operation and maintenance of 132 kV substations, maintenance of substations up to the 400 kV level and maintenance of high-voltage 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 a strong base of loyal customers, including well-known public sector companies such as Rajasthan Rajya Vidyut Prasaran Nigam Limited and Power Grid Corporation of India Limited. Kay Cee Energy & Infra Limited also provides services to reputed private companies like 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 and Sadbhav Engineering Limited.The company is certified as a quality management system according to ISO 9001:2015.The company has adopted an internal integrated model to develop internal resources with key competencies to take a project from conception to completion.As of September 30, 2023, the company has 15 projects in progress with a total contract value of approximately Rs. 54,990.27 lakhs.As of August 31, 2023, the company employed over 174 employees, including 18 project managers, 30 supervisors/engineers and 126 skilled workers.
Objects of the Issue
Kay Cee Energy & Infra Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
Funding the working capital requirements of the company.
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
80,10,000 shares
Post-IPO Promoter Holding
1,09,60,000 shares
