Kay Cee Energy & Infra Limited IPO

Price
₹51 - ₹54
Lot
2000
Subs.
1052.45
Expected Listing Earning

Exp. Premium(GMP):
30.02(55.60%)
IPO Details

Open Date: 28-Dec-2023
Close Date: 02-Jan-2024
Allotment Date: 03-Jan-2024
Listing Date: 05-Jan-2024
Listing Price: ₹216.1/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹51-54 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹108,000 : HNI - ₹216,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved556,000422,000982,0001,960,000
Day 1 - 28-12-23 
05:00 PM
5.96x53.42x69.33x47.93x
Day 2 - 29-12-23 
05:00 PM
10.37x187.55x240.35x163.74x
Day 3 - 01-01-23 
05:00 PM
18.42x460.44x622.03x416.01x
Day 4 - 02-01-23 
05:00 PM
127.71x1,668.97x1,311.10x1,052.45x
Total No. of Application:643,749 (Approx.)
Retail Subscription on the basis of Apps:1,311.10x
Valuations

Earning Per Share(EPS)7.11/-
P/E Ratio7.59
RoNW25.13%
Net Asset Value (NAV) - Post Issue:876.54/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Jun,20238,332.09964.29120.74
31 Mar,20238,017.576,132.07550.71
31 Mar,20226,370.155,012.55310.05
31 Mar,20213,807.833,559.13187.47
Promoter(s)

Pre Issue Share Holding96.12%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr. Lokendra Jain
2. Mrs. Shalini Jain
Issue Objective(s)

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Funding the working capital requirements of the company.
  2. General corporate purposes.
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

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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