Kay Cee Energy IPO is going to list on stock exchange on Friday, January 5, 2024. It will list on the NSE and SME stock exchange.
Kay Cee Energy IPO opens for subscription on December 28, 2023 and closes on January 2, 2024. IPO Price of per share is ₹54. The total issue is of Rs. 15.93 crores which will be raised through fresh issue of shares.
Kay Cee Energy IPO lot size for an application is of 2,000 shares per lot which comes to Rs. 1,08,000. Retail Investor can apply only 1 lot of shares and HNIs have to apply minimum of 2 lots, which comes to Rs. 2,16,000.
kay cee energy IPO schedule
Particulars | Date |
IPO open for subscription | December 28, 2023 |
IPO close for subscription | January 2, 2024 |
Allotment of shares | January 3, 2024 |
Listing Date | January 5, 2024 |
kay cee energy IPO financial information
Rs. in Lakhs
Particulars | For the period ended June 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
Revenue | 964.29 | 6,132.07 | 5,012.55 | 3,559.13 |
Net Profit | 120.74 | 550.71 | 310.05 | 187.47 |
Total Equity | 2,312.08 | 2,191.34 | 1,640.63 | 1,330.58 |
Growth in Revenue YOY | – | 22.34% | 40.82% | – |
Particulars | For the period ended June 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
EPS* | 48.30 | 220.28 | 124.02 | 74.99 |
Number of Equity shares just before the issue was 80,10,000. EPS according to these shares comes to Rs. 6.87 for March 31, 2023. The P/E ratio of the company at the price point of Rs. 54 per share is 7.86 as on March 31, 2023.
The Total Market capitalisation of Kay Cee Energy & Infra Limited at price of Rs. 180 per share is INR 59.18 crores.
about kay cee energy & infra Limited
Kay Cee Energy & Infra Limited was incorporated on January 23, 2015 as ‘Kay Cee Energy & Infra Private Limited’, a private limited company. Subsequently, Company was converted into a public limited company pursuant to a resolution passed by our Shareholders at an extraordinary general meeting held on September 13, 2023 and consequently the name of our Company was changed to ‘Kay Cee Energy & Infra Limited’.
Kay Cee Energy & Infra Limited is an Engineering, Procurement and Construction (“EPC”) company providing specialized services of construction and commissioning of power transmission and distribution system including overhead and underground lines, substation construction, automation etc. to various government authorities and private entities. Company undertake EPC projects for various government entities, including but not limited to Rajasthan Rajya Vidyut Prasaran Nigam Limited (“RRVPNL”). Their service portfolio includes handling, erection, testing, commissioning of equipment and materials for power transmission & distribution System including lines, substation construction, automation, augmentation/ modification and extension of existing power.
Kay Cee Energy provides services for the operation and maintenance of 132 kV substations, maintenance of substations up to the 400 kV level and maintenance of voltage lines up to 765 kV level, including the use of an emergency restoration system for maintenance in the event of faults, etc.
Objective of the issue
Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
1. Funding working capital requirements of our Company; and
2. General Corporate Purposes.
The Net Proceeds are currently expected to be deployed in accordance with the estimated schedule set forth below:
Particulars | Amount |
Funding working capital requirements of our Company | 1,300.00 |
General Corporate Expenses | Balance |
For detailed information regarding offer you can see RHP.
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