#allotment management

[justplaggin]

hoshikawa's illustration in honor of the final bsd stage play

[quirkycritters]

Behold, the second half of my Art Fight attacks! IM FREEEEEEE YEAHHHHHHHH (come find me on AF!)

In order, these are for @little-angelbun , @hammieboye1 , @kazehita , @bunbiiit , @wiltingthing , Snakeheart , @helmetavenue , and NightfuryDraws !

I had a blast getting to experiment with and practice my toon style this year, and this was barely a fraction of what I had planned- looking forward to next year YIPPEEEEE

[notasapleasure]

i'm very gung ho about things and think i'm generally good at adapting* but eesh a week and a half looking after eight animals, the house and garden, myself, my work and my parents' visits and I'm like. ok just about holding on to all this. lemme just add in the stupid gym for my stupid mental health. and nice food because i love cooking. and the plates are all kind of spinning but then One Predictable Thing (hormones. motherfucking hormones) comes along and it's chaos. what is time? why is my tummy sore? i am moving through treacle. gym?? hahaha. oh. :(

*this may just be that I'm good at faking adapting for a while and then get tired

[king-ludwig-ii]

This is a friendly reminder to any young people that follow me: while the people you work with can be actual friends and prove themselves to be good friends after you work together please keep in mind that, by default, this is not the case.

Your work is not your family. Your coworkers are not your friends. Don’t trust them with details because you never know what’s going to get used against you so someone who seems trustworthy and well meaning can further their own career

[dutybcrne]

One of the quickest ways to get heart eyes out of Kaeya (or at the very least, hold his attention and get him in a good mood regardless of what it was prior to it) is to rant something to him. If the person shows exceptional knowledge in their subject, he would be absolutely end up hanging onto every word they say. He likes seeing the faces people make when they talk about things that especially interest them/they specialize in and the upside is he gets to learn something new. How can he ever say no to that?

[cafecitoeddie]

crisis averted omg i can breathe oh thank jesus its so good having a good relationship with the prepress manager.... he isnt worrying so he said neither should i. it all falls on the customer and he knows it.

[orcelito]

Cassy knocked my alarm clock off my dresser (again) but this time the base of it broke off

Kinda wild. I've had it for like 15 years & it's been beat tf up Plenty but never broken. But now it is, so I Guess I probably should start thinking about getting a new one

[cyberswift-story]

From stress to success! Digital Land Management System - LAMS is the hero we all need! 😎

[cesium-sheep]

when I was little, alternating weekends and holidays read to me like a 50/50 deal between my parents, which was probably because mom was a workaholic and never spent a second of time at home that she didn't have to on weekdays anyway. and then as I got older I spent a lot of weekday afternoons at dad's anyway because his house was much closer to my school and all my friends, but he was working nights so he was usually asleep most of that time and I still had to go back to mom's in the evenings. (I tried using this convenience of proximity as weight to negotiate to move in with him instead once. she had a screaming crying meltdown about how I don't love her and I never asked again.)

but being court-allotted 96 hours out of every 672 (14%) with a handful of bonus days throughout the year is uh. not half. it's very not half. even if we subtract school and sleeping that becomes 64 of 288 (22%). he really got fucked over trying to reach escape velocity huh.

[catboy-jupiter]

also! i did my first sketch of 2024!!!

its 4 a biweekly event on twitter for yuanqing & one of the prompts is crossover so i decided to go w/ black butler. figured that like. ambiguously aged long-lived ikemen who likes felines x teenage bishounen (who lives with the ikemen..? does yq live w jy or am i too fanfic brained....?? its been a while since i opened the game) was enough of a connection between 2 ships i like lol

don't know if i'll post it on main though.... might open up one of my priv accs that were left to collect dust since i use them thrice a year

[wealthview]

Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

New Post has been published on https://wealthview.co.in/kay-cee-energy-ipo/

Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

Kay Cee Energy IPO:  Stepping into the Power Play, Kay Cee Energy & Infra is an Engineering, Procurement, and Construction (EPC) company specializing in the construction and commissioning of power transmission and distribution systems. They handle overhead and underground lines, substation construction, automation, and more. As India pushes towards renewable energy goals, companies like Kay Cee are expected to play a crucial role in building the necessary infrastructure.

IPO Deets:

Open Date: December 28, 2023

Close Date: January 2, 2024

Listing Date (tentative): January 5, 2024

Offer Size: Rs. 15.93 crores

Price Band: Rs. 51 – Rs. 54 per share

Minimum Lot Size: 2,000 shares (Rs. 108,000 minimum investment)

Buzz in the Wires:

Grey Market Premium (GMP): As of today, December 27, 2023, the GMP stands at Rs. 30, indicating positive sentiment among unlisted market participants.

Recent Developments: The company’s revenue grew 22% year-on-year in 2023, showcasing market traction. However, some analysts raise concerns about its profitability and reliance on a few large clients.

Kay Cee Energy & Infra Offer Details:

Securities Offered:

The offer consists solely of equity shares of face value Rs. 10 each. There are no bonds or other types of securities involved.

Reservation Percentages:

Retail Investors: 35% of the offer is reserved for retail investors. This translates to 331,500 shares.

Qualified Institutional Buyers (QIBs): 50% of the offer is reserved for QIBs. This translates to 483,000 shares.

Non-Institutional Investors (NIIs): 15% of the offer is reserved for NIIs. This translates to 149,250 shares.

Minimum Lot Size and Investment Amount:

The minimum lot size for the IPO is 2,000 shares. This means the minimum investment amount for retail investors is Rs. 108,000 (2,000 shares * Rs. 54 per share – upper price band).

Kay Cee Energy & Infra Company Profile:

Founding and Operations:

Established in 2015, Kay Cee Energy & Infra has carved a niche in the power transmission and distribution landscape.

Their expertise lies in EPC (engineering, procurement, and construction) services, encompassing overhead and underground lines, substation construction, automation, and more.

Market Position and Share:

While precise market share data is challenging for smaller companies like Kay Cee, their focus on Rajasthan, a state with significant renewable energy aspirations, positions them strategically.

They boast a strong track record of working with key government entities like Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL).

Key Details:

Headquarters: Jaipur, Rajasthan

Revenue growth (FY23 vs. FY22): 22%

Profit after tax (FY23 vs. FY22): 77% increase

Employee strength: ~250

Partnerships and Brands:

No prominent subsidiary or major brand names attached to Kay Cee currently.

Their primary collaborations revolve around government contracts and project-specific partnerships.

Milestones and Achievements:

Secured prestigious projects like the 400KV Ajmer-Bhilwara transmission line for RRVPNL.

Successfully commissioned over 1,200 circuit kilometers of power lines.

Maintained a strong safety record in its operations.

Competitive Advantages and USP:

Focused regional expertise: Strong presence in Rajasthan’s burgeoning renewable energy market.

Government connections: Established track record of successful collaborations with key government entities.

Experienced team: Qualified workforce with a proven ability to deliver complex projects.

Agile and responsive: Demonstrated ability to adapt to changing project requirements and regulatory landscapes.

Kay Cee Energy & Infra Financials:

Recent Performance:

Revenue growth: Kay Cee has displayed promising revenue growth, with a 22.33% increase in FY23 compared to FY22. This demonstrates their ability to capture market opportunities.

Profitability: The company saw a healthy 77.62% increase in profit after tax (PAT) for FY23. This improvement in profitability is encouraging, but the absolute profit figures remain relatively small.

Debt levels: The company’s debt-to-equity ratio stands at approximately 0.28 (based on March 2023 financials). This is considered a moderate level, suggesting manageable debt obligations.

Key Financial Ratios:

P/E ratio: Based on the IPO price band (Rs. 51-54), the P/E ratio falls between 7.19 and 7.59. This compares favorably to the average P/E of companies in the infrastructure sector (around 20).

EPS: The company’s EPS for FY23 stood at Rs. 7.11. This provides some support for the valuation based on the P/E ratio.

Debt-to-equity ratio: As mentioned earlier, the debt-to-equity ratio of 0.28 shows a relatively low dependence on debt, indicating a cautious financial approach.

Future Growth Prospects and Earnings Drivers:

India’s renewable energy push: The government’s ambitious renewable energy targets create significant opportunities for companies like Kay Cee.

Continued focus on Rajasthan: The company’s strong presence in Rajasthan, a key renewable energy hub, positions them well to capitalize on the growing market.

Project pipeline: Kay Cee boasts a healthy project pipeline of upcoming initiatives, further bolstering their growth prospects.

Kay Cee Energy & Infra Objective:

Reasons for Going Public:

Capital Raise: The primary objective of Kay Cee’s IPO is to raise fresh capital. This will provide them with the necessary financial resources to fuel their future growth aspirations.

Brand visibility and credibility: Listing on the stock exchange can enhance Kay Cee’s brand image and attract wider investor interest. This can be beneficial for securing larger projects and partnerships.

Liquidity for existing shareholders: While the IPO is solely a fresh issue, a public listing facilitates exit opportunities for early investors and employees holding pre-IPO shares in the future.

Utilizing the Raised Funds:

Working capital needs: The majority of the IPO proceeds (75%) will be used to address Kay Cee’s working capital requirements. This includes expenses like procurement of materials, wages, and project execution costs.

General corporate purposes: The remaining 25% of the funds will be utilized for general corporate purposes. This could encompass strategic investments, technology upgrades, or potential acquisitions to expand their business reach.

Kay Cee Energy & Infra Managers & Registrar:

Lead Managers:

GYR Capital Advisors Private Limited: GYR Capital is the sole book running lead manager for Kay Cee Energy’s IPO. While they are a relatively new player in the IPO space, they have successfully managed several SME IPOs in recent years, including the IPOs of Karda Constructions and Utkarsh Spintex.

Track Record:

GYR Capital’s previous SME IPOs have witnessed varying degrees of success. Karda Constructions’ IPO saw decent subscription levels, while Utkarsh Spintex faced moderate subscription.

It’s important to note that the performance of past offerings doesn’t guarantee success for future ones.

Registrar:

Bigshare Services Private Limited: Bigshare Services is the registrar for Kay Cee Energy’s IPO. They are a prominent player in the IPO scene, handling the registrar process for numerous SME and Mainboard IPOs.

Registrar’s Role:

The registrar is responsible for maintaining the share register, processing share applications and allotments, managing refunds, and issuing share certificates. They play a crucial role in ensuring the smooth and fair conduct of the IPO process.

Kay Cee Energy & Infra Grey Market Premium (GMP):

Current GMP and Comparison:

As of December 27, 2023, the GMP for Kay Cee Energy’s IPO stands at Rs. 30 on the upper price band of Rs. 54 per share.

This translates to a potential listing price of around Rs. 63 per share (upper band price + GMP), indicating a possible premium of over 16.67%.

Compared to recent SME IPOs, Kay Cee’s current GMP is relatively favorable. For example, the GMP for Kaushalya Logistics, another recent SME IPO, stood at Rs. 22 just before listing.

Kay Cee Energy IPO Risks:

While Kay Cee Energy presents an intriguing investment opportunity, it’s essential to acknowledge the potential risks associated with any IPO, especially for a smaller company like this.

Industry Headwinds:

The dependence on government contracts and project approvals exposes Kay Cee to potential delays or changes in policy priorities within the renewable energy sector.

Increased competition from established players in the power transmission and distribution space could hinder Kay Cee’s market share and growth prospects.

Company-Specific Challenges:

Reliance on a few large clients for a significant portion of revenue creates concentration risk. Any issues with these clients could negatively impact the company’s financial performance.

The limited track record and relatively small size of the company raise concerns about their ability to handle large and complex projects successfully.

The IPO prospectus also highlights certain ongoing legal disputes, which, if not resolved favorably, could impact the company’s future operations.

Financial Health Assessment:

While Kay Cee’s recent revenue growth and profitability are encouraging, the absolute profit figures remain small.

The moderate debt level is positive, but investors should remain mindful of any future debt accumulation for working capital needs.

Red Flags for Investors:

Lack of market maker reservation in the IPO raises concerns about potential liquidity issues, especially for retail investors.

The dependence on project-specific partnerships rather than established brands or subsidiaries increases the risk of project execution delays or cancellations.

  Also Read: How to Apply for an IPO?

[therealjammy]

One thing that irritates me beyond belief these days is my managers will schedule me for certain times but then when someone goes on vacation they don't think about getting that person's shift covered until literally the day before the next workday, and usually I'm the one they end up texting and telling me to come in at that person's time. In this case, 6 AM instead of 8 AM, with no mention of if I'll be leaving early or working the entire day (which is a ten hour shift, since I usually get off at 4 in the afternoon).

Like... I'm a pretty generous person. I don't mind doing shit for my co-workers because most of them are absolutely wonderful people. But my generosity has limits and I think that limit is quickly approaching. And also, as a disabled person, ten hour days are nightmares :)

[beeseverywhen]

I have so many things to do and I'm just so goddamn tired. I'm so fed up of not being able to keep up and general living making more mess before I can clean up the last one.

I really want to put the Xmas boxes away before the end of the day but I also want to unpack and repack the dishwasher again and there's washing in the machine I've gotta hang up and clean washing that I was sorting all over the hall and then I need to find my lost hot water bottles and my hair needs to be washed before tomorrow cause I've gotta go out to physio and it's messy as shit cause I slept without it tied up/wrapped

And also! I desperately need to rest cause I'm way too tired and have physio tomorrow but struggling to rest when I know all that shit needs doing

[nsebullcom]

flair writing ipo allotment status: Flair Writing IPO share allotment expected today. Here's how you can check status

The share allotment of Flair Writing IPO is expected to be finalised today. Investors will receive shares on a lottery basis and the whole process is supervised by the registrar.On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar’s website. Here’s how you…

[dailyglobalupdates]

NFO Alert: All you need to know about Bajaj Finserv Balanced Advantage Fund

Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Balanced Advantage Fund, an open-ended dynamic asset allocation fund suitable for investors wanting to invest in equity and equity-related instruments including derivatives, and fixed-income instruments. The scheme opened for public subscription on November 24, 2023, and will close on December 08, 2023. The scheme re-opens for…

[maliciouslove]

fellas, I survived a 9h shift on no sleep, now pray I make it home in one piece because I'm literally shaking and my body feels like its about to snap.