Kay Cee Energy & Infra Shares Surge After Successful QIP Fundraise

In an exciting development for investors, Kay Cee Energy & Infra, a small-cap stock listed on the NSE SME segment, hit the upper circuit limit in the morning trade on Friday, April 25, 2025. The surge followed the announcement of the company's successful ₹2502.72 Lakhs Qualified Institutional Placement (QIP).

Kay Cee Energy & Infra's Fundraising Milestone

Kay Cee Energy & Infra announced the successful completion of its first-ever Qualified Institutional Placement (QIP), which raised ₹2502.72 Lakhs. The QIP, launched on April 21, 2025, and closed on April 24, 2025, generated significant interest from domestic and international investors, signaling a high confidence level in the company's future.

Key details of the QIP:

• Total Raised: ₹2502.72 Lakhs
• Price per Share: ₹198
• Number of Shares Issued: 12,64,000 equity shares
• Discount to Floor Price: 4.85% (compared to the QIP floor price of ₹208.10)
• Investor Participation: HDFC Bank, Niveshaay Hedgehogs Fund, Shine Star Build Cap Pvt Ltd, and others

Strategic Use of Funds

The funds raised through the QIP will support and accelerate Kay Cee Energy & Infra's growth journey. The company plans to use the capital for:

• Strengthening its working capital
• Facilitating rapid business expansion in the upcoming years

Chairman and Managing Director, Mr. Lokendra Jain, expressed confidence in the company's future, emphasizing that the success of this QIP marks a pivotal moment for Kay Cee Energy & Infra's growth plans.

Kay Cee Energy & Infra Stock Performance

After the announcement, Kay Cee Energy & Infra's stock price significantly increased, opening at ₹242.25 on the NSE, a 2% rise from the previous day's closing price of ₹237.50. The stock reached the upper circuit limit at ₹242.25, reflecting strong market enthusiasm following the QIP update.

Company Overview

Kay Cee Energy & Infra constructs and commissions power transmission and distribution systems. The company provides specialized services to government agencies and private organizations, including the installation of overhead and underground lines, substations, and automation systems.

Summary of Key Points

• Total QIP Raised: ₹2502.72 Lakhs
• Price per Share: ₹198
• Number of Shares Issued: 12,64,000
• Price Movement: Stock hit the upper circuit at ₹242.25
• Key Investors: HDFC Bank, Niveshaay Hedgehogs Fund, Shine Star Build Cap Pvt Ltd
• Funds Allocation: Focus on expanding working capital and accelerating growth.