Kay Cee Energy & Infra Limited IPO opens next week, price band set at ₹51-54 apiece
₹51 to ₹54. Kay Cee Energy & Infra IPO lot size consists of 2,000 shares.
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The floor price is 5.1 times of the face value of ₹10 and the cap price is 5.4 times of the face value of the equity shares.
The price/earnings ratio based on diluted EPS for year ended March 2023 for the company at the upper end of the price band is 7.59. The allocation to anchor investors for Kay Cee Energy & Infra Limited IPO is scheduled to take place Wednesday, December 27.
Also Read: Sahara Maritime IPO allotment finalised; here are steps to check status on BSE, registrar's website Kay Cee Energy & Infra IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors. The market maker portion consists of up to 1,90,000 equity shares or 6.44% of the issue.
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