Kay Cee Energy & Infra SME IPO
Basic information about the company: Founded in 2015, Kay Cee Energy & Infra Limited has swiftly emerged as a leading player in the energy sector. Specializing in the construction and commissioning of electricity transmission and distribution systems, the company has garnered recognition for its exemplary Engineering, Procurement, and Construction (EPC) projects. Service Excellence Across the Spectrum
The company's service portfolio encompasses a wide range of crucial activities, including the handling, erection, testing, and commissioning of equipment and materials for power transmission and distribution systems. This includes the construction of transmission lines, substations, automation, and the expansion of existing power systems.
Clientele: A Roster of Distinction
Kay Cee Energy & Infra has solidified its reputation with a loyal customer base, including esteemed public sector entities such as Rajasthan Rajya Vidyut Prasaran Nigam Limited and Power Grid Corporation of India Limited. Notably, the company also extends its services to reputed private firms, underlining its versatility and industry acceptance. Allocation of IPO Proceeds
The net proceeds from the IPO are earmarked for pivotal objectives:
Funding Working Capital: Bolstering operational capabilities by securing essential working capital to support ongoing projects and potential expansions.
General Corporate Purposes: Utilizing funds for general operational enhancements, furthering market presence, and sustaining growth momentum. Kay Cee Energy & Infra IPO Details
IPO Dates: 28 Dec to 2 Jan 2024
Price Band: ₹51 to ₹54 per share
Lot Size: 2,000 Shares Amount Per Lot: ₹1,08,000
Listing: NSE SME IPO
GMP: +70% (only for information) 🔸Link for checking IPO Allotment Status: https://ipo.bigshareonline.com/ipo_status.html Join our WhatsApp Group for Trading/Investment ideas & Market Updates👇
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