What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the price band for Kay Cee Energy & Infra Limited IPO?

The price band for Kay Cee Energy & Infra Limited IPO is set at ₹51 to ₹54 per equity share with a minimum lot size of 90 shares.

When does Kay Cee Energy & Infra Limited IPO open and close?

The Kay Cee Energy & Infra Limited IPO opens on 2023-12-28 and closes on 2024-01-02. The allotment date is 2024-01-03 and the listing date is 2024-01-05.

What is the current GMP of Kay Cee Energy & Infra Limited IPO?

The current grey market premium (GMP) for Kay Cee Energy & Infra Limited IPO is ₹90, implying an estimated listing price of ₹144 (166.67% gain over the upper price band).

How do I check Kay Cee Energy & Infra Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Bigshare Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Kay Cee Energy & Infra Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2015, Kay Cee Energy & Infra Limited provides end-to-end services for the construction and commissioning of electricity transmission and distribution systems. The company executes EPC contracts for government clients such as RRVPNL, covering handling, erection, testing, installation, and system commissioning. Its capabilities include building transmission lines, substation construction, automation, augmentation, and upgrades to existing power infrastructure. Kay Cee also provides O&M services for 132 kV substations, and maintains substations up to 400 kV and EHV lines up to 765 kV, using ERS systems for fault restoration. As of September 30, 2023, it had 15 ongoing projects worth ₹54,990.27 lakhs and employed 174 people.

Price Band

₹51 – ₹54

Issue Size

₹15.93 Cr

Lot Size

90 shares

GMP

₹90

+166.7%

Est. Listing

₹144

at current GMP

Subscribed

1052.55x

overall

Open

28 Dec 2023

2 Jan 2024

Allotment

3 Jan 2024

Refund

4 Jan 2024

Demat Credit

5 Jan 2024

Listing

5 Jan 2024

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Indian market segment
•Price band established at ₹51 - ₹54 per equity share
•Minimum bid lot is 90 shares
•Estimated listing target of ₹144 based on current grey market activity