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Another company’s IPO has opened for speculation. This company KC Energy and Infra. The company’s IPO will be open from December 28 to January 2. Kay Cee Energy IPO Price Band Rs. 51 to 54 is. KC Energy shares are already showing strong performance in the gray market. The company’s shares are trading in the gray market at a premium of around 75 percent. The gray market premium (GMP) of KC Energy shares indicates that the company’s shares can make huge profits on listing.
Share Rs. Above 90 may be listed
Kay Cee Energy IPO Price Band Rs. 51 to 54 is. The gray market premium of the company’s shares has reached Rs 40. Rs. At a price band of 54, KC Energy shares traded at Rs. 94 can be listed. Investors who acquire shares of the company in the IPO can expect a profit of around 75% on the day of listing. KC Energy & Infra’s total public issue size is Rs. 15.93 crores. Company shares National Stock Exchange SMEs will be listed on the platform.
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Retail investors can bid for 1 lot
Retail investors can bid for only 1 lot in the Kay Cee Energy IPO. There are 2000 shares in one lot of IPO. That means retail investors have to invest 108000 rupees. Allotment of shares in the company’s IPO will be final on January 3, 2024. At the same time, KC Energy’s shares will be listed on the market on Friday, January 5, 2024. KC Energy & Infra was started in the year 2015. The company provides construction and commissioning services for electricity transmission and distribution systems.
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