Kay Cee Energy & Infra Ltd IPO

Kay Cee Energy & Infra Limited was originally incorporated as `KAY CEE ENERGY & INFRA PRIVATE LIMITED' a private limited company under the Companies Act, 2013 with the Registrar of Companies (ROC), Jaipur pursuant to Certificate of Incorporation dated January 23, 2015. The name of the company was changed from `KAY CEE ENERGY & INFRA PRIVATE LIMITED' to `KAY CEE ENERGY & INFRA LIMITED', consequent to conversion of the company from private limited company to public limited company, pursuant to Special Resolution passed by the shareholders of the Company in the Extra-ordinary General Meeting held on September 13, 2023, and a fresh certificate of incorporation consequent to change of name was issued by ROC, Jaipur on October 12, 2023. The corporate identification number of the company is U74900RJ2015PLC046976.

Power is one of the most critical components for infrastructure development and crucial for the economic growth and wellbeing of any country. The existence and development of adequate power infrastructure is essential for the sustained growth of the Indian economy. The power industry is divided into three segments: (i) Generation, (ii) Transmission, and (iii) Distribution. Generation is the process of producing electricity from different sources like thermal energy (coal, diesel, among others), nuclear and renewable sources such as sunlight and wind, natural gas, in generating stations or power generation plants. Transmission utilities transport large amounts of electricity from power plants to distribution substations via a grid at high voltages. Retail electricity distribution, which is the distribution of electricity to consumers at lower voltages, forms part of the distribution segment. The installed power capacity in India has increased from 356 GW in Fiscal 2019 to 416 GW in Fiscal 2023; it increased by 5% year-on-year in July 2023 to 424 GW; India is the world's third-largest producer and second largest user of energy. Power demand in the country has been on a rise in the past decade, with an exception during Fiscal 2021 due to the Covid-19 pandemic. Peak energy demand grew at a CAGR of 4.7% from 148 GW in Fiscal 2014 to 216 GW in Fiscal 2023, while peak supply grew at a CAGR of 5.3% over the same period.

Kay Cee Energy & Infra Limited is an Engineering, Procurement and Construction (EPC) company providing specialized services of commissioning EHV Power transmission lines to various government authorities and private entities. The Company undertakes EPC projects for various government entities, including but not limited to Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL). 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 sub-station, underground cable laying, upgradation and modification of existing power system, setting up emergency restoration system structures etc. The Company also undertakes turnkey jobs for supply, civil, erection, testing & commissioning of all types of electrical system for government and private entities.