Kay Cee Energy & Infra IPO: Check GMP, subscription status on day 3, other key details

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Key Points

Kay Cee Energy & Infra Limited IPO opened for subscription on Thursday, December 28, and will close on Tuesday, January 2. Kay Cee Energy & Infra IPO price band has been set in the range of 51 to 54..

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..

Kay Cee Energy & Infra Limited IPO, which is worth 15.93 crore, is completely a fresh issue of 2,950,000 equity share; there is no offer for sale (OFS) component, according to RHP..

Kay Cee Energy & Infra Limited IPO subscription status was 163.74 times on day 2, and the issue was subscribed 47.93 times on day 1. ..

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Kay Cee Energy & Infra share price is 114 apiece, which is 111.11% higher than the IPO price of 54. ..

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