KPC IPO Oversubscribed as Kenyans Take Majority of Shares
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Mar 04, 2026
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SABRINA BT
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Business Today
Business Today
Treasury CS John Mbadi and PS Chris Kiptoo
KPC has attracted strong interest from Kenyan investors and institutions, with local buyers scooping up the majority of shares offered.
Key Takeaways
- The Kenya Pipeline Company (KPC) IPO was oversubscribed, with applications exceeding the shares offered by 5.7%.
- Kenyan retail investors and local institutions purchased the majority of shares, accounting for approximately 67.32% of the total offer.
- Regional investors from Uganda and Rwanda, primarily through pension funds, bought a significant portion of the remaining shares.
- Foreign investors will hold a minimal stake of around 0.02% in KPC after the IPO.
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