The first IPO of the year closed out with a bang. Kay Cee Energy and Infra IPO witnessed an overwhelming response from investors. The public offering garnered a staggering subscription rate of 959 times by the close of the subscription period. The company received bids for more than 200 crore shares, a substantial demand compared to the offered 29.5 lakh shares. The share allotment for this IPO is set to be finalized by January 3.
If you are one of the investors who applied for the SME IPO, here is how you can check your Kay Cee Energy IPO allotment status
Checking Allotment Status on Registrar's Website:
Here is a step-by-step guide to checking Kay Cee IPO allotment status
- Visit the registrar's website.
- Click on ‘Select Company' and choose ‘Kay Cee Energy and Infra'.
- Input your PAN, application number, DP/Client ID, or Account number/IFSC.
- Enter the captcha.
- Click on submit.
If all the details are correct and the allotment has been finalised you will see your Kay Cee IPO allotment status.
Kay Cee IPO Overview: Priced in the range of ₹51-54, the issue saw robust participation across different investor categories. The retail portion and the Non-Institutional Investors (NII) segment were particularly noteworthy, being oversubscribed 1,600 times and 1,300 times, respectively. The Qualified Institutional Buyers (QIB) portion also witnessed strong demand, reaching a subscription rate of 127 times.
Kay Cee Energy and Infra, positioned as an engineering, procurement, and construction (EPC) company, specializes in providing commissioning services for Extra High Voltage (EHV) Power transmission lines. Their clientele includes various government authorities and private entities.
The company is scheduled to list on January 5.
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