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Kay cee Energy & Infra Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Dec 28,2023 - Jan 2,2024
Price Band ₹51 -54
Current GMP ₹252 (366.67%)
Subscription 1,052.45 times

IPO Details

IPO Date
December 28, 2023 to January 2, 2024
Listing Date
Friday, January 5, 2024
Face Value
₹10 per share
Price Band
₹51 to ₹54 per share
Lot Size
2000 Shares
Total Issue Size
2,950,000 shares (aggregating up to ₹15.93 Cr)
Fresh Issue
2,950,000 shares (aggregating up to ₹15.93 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
8,010,000
Share holding post issue
10,960,000
Market Maker portion
190,000 shares Giriraj Stock Broking

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
127.71
Non-Institutional Buyers*
1,668.97
Retail Investors
1,311.10
Total **
1,052.45

Day Wise Sub

DayDay 1 Dec 28, 2023
QIB5.96
NII*53.42
Retail69.33
Total47.93
DayDay 2 Dec 29, 2023
QIB10.37
NII*187.55
Retail240.35
Total163.74
DayDay 3 Jan 1, 2024
QIB18.42
NII*460.44
Retail622.03
Total416.01
DayDay 4 Jan 2, 2024
QIB127.71
NII*1,668.97
Retail1,311.10
Total1,052.45

Day Wise GMP

Date05-01-2024
Price54.00
GMP90 (166.67%)
Estimate List Price144
Date04-01-2024
Price54.00
GMP90 (166.67%)
Estimate List Price144
Date03-01-2024
Price54.00
GMP67 (124.07%)
Estimate List Price121
Date02-01-2024
Price54.00
GMP65 (120.37%)
Estimate List Price119
Date01-01-2024
Price54.00
GMP65 (120.37%)
Estimate List Price119
Date31-12-2023
Price54.00
GMP60 (111.11%)
Estimate List Price114
Date30-12-2023
Price54.00
GMP60 (111.11%)
Estimate List Price114
Date29-12-2023
Price54.00
GMP60 (111.11%)
Estimate List Price114
Date28-12-2023
Price54.00
GMP45 (83.33%)
Estimate List Price99
Date27-12-2023
Price54.00
GMP40 (74.07%)
Estimate List Price94
Date26-12-2023
Price54.00
GMP40 (74.07%)
Estimate List Price94
Date25-12-2023
Price54.00
GMP35 (64.81%)
Estimate List Price89
Date24-12-2023
Price54.00
GMP35 (64.81%)
Estimate List Price89
Date23-12-2023
Price54.00
GMP35 (64.81%)
Estimate List Price89
Date22-12-2023
Price54.00
GMP30 (55.56%)
Estimate List Price84
Date21-12-2023
Price54.00
GMP9 (16.67%)
Estimate List Price63

IPO Important Dates

IPO Open Date
Thursday, December 28, 2023
IPO Close Date
Tuesday, January 2, 2024
Basis of Allotment
Wednesday, January 3, 2024
Initiation of Refunds
Wednesday, January 3, 2024
Credit of Shares to Demat
Thursday, January 4, 2024
Listing Date
Friday, January 5, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 2, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares2000
Amount₹108,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹108,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹216,000

Financial Information

Period EndedPeriod Ended
30 Jun 202330 Jun 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Jun 20238,332.09
31 Mar 20238,017.57
31 Mar 20226,370.15
Period EndedRevenue
30 Jun 2023964.29
31 Mar 20236,132.07
31 Mar 20225,012.55
Period EndedProfit After Tax
30 Jun 2023120.74
31 Mar 2023550.71
31 Mar 2022310.05
Period EndedNet Worth
30 Jun 20232,312.08
31 Mar 20232,191.34
31 Mar 20221,640.63
Period EndedReserves and Surplus
30 Jun 20232,287.08
31 Mar 20232,166.34
31 Mar 20221,615.63
Period EndedTotal Borrowing
30 Jun 20232,405.41
31 Mar 20232,289.42
31 Mar 2022646.90

Key Performance Indicator

P/E (x)
7.59
Post P/E (x)
12.25
Market Cap (₹ Cr.)
59.18
ROE
25.13%
ROCE
22.32%
Debt/Equity
1.04
EPS (Rs)
7.11

IPO Reservation

Anchor Investor Shares Offered
800,000 (27.12%)
Market Maker Shares Offered
190,000 (6.44%)
QIB Shares Offered
556,000 (18.85%)
NII (HNI) Shares Offered
422,000 (14.31%)
Retail Shares Offered
982,000 (33.29%)
Total Shares Offered
2,950,000 (100%)

Information about company

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.

Disclaimer

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