After record subscription, Kay Cee Energy and Infra IPO allotment to be finalised today: Check status, GMP and other details

The share allotment for the SME IPO of Kay Cee Energy and Infra will be finalised on Wednesday. Investors will get shares on a lottery basis and the whole process is supervised by the registrar.

On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE.

The allotment status can also be checked by visiting the official website of the registrar to the issue which is Cameo Corporate Services in this case.


Step 1: Visit the IPO Allotment Status page on Cameo Corporate Services website

Step 2: Select IPO from the dropdown

Step 3: Put Application number and enter captcha and 'Submit'.

Also Read: Market maker for SME IPOs now wants to go public to raise funds
was subscribed 959 times at close. The company received bids for over 200 crore shares against a partly 29.5 lakh shares on offer. The retail and NII parts of the issue were booked 1,600 times and 1,300 times, respectively. Meanwhile, the QIB portion was subscribed 127 times.

The tentative listing date is set as January 5. According to market analysts, the company's shares are commanding a premium of Rs 65 in the unlisted market.

The issue was priced in the range of Rs 51-54. Considering the upper price band, the company's stock is expected to more than double on the listing day.

Net proceeds from the public offer will be used for funding capital requirements and general corporate purposes.

Kay Cee Energy and Infra is an engineering, procurement and construction (EPC) company providing specialized services of commissioning EHV Power transmission lines to various government authorities and private entities.

Its service portfolio includes handling, erection, testing, commissioning of equipment and materials for laying of high voltage undercurrent power lines, establishing power distribution network, testing and commissioning of substation, underground cable laying, upgradation and modification of existing power system, setting up emergency restoration system structures etc.

(You can now subscribe to our ETMarkets WhatsApp channel)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)