Business
How Kenyans Can Buy Kenya Pipeline Company Shares
Under the offer, the Government is selling 11.81 billion shares at Sh9 per share, targeting to raise about Sh106.3 billion.
NAIROBI, Kenya, Jan 21 – Kenyans can now buy shares in the Kenya Pipeline Company (KPC) following the Government’s decision to sell part of its stake through an Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE).
The State plans to offload 65 percent of its shareholding in KPC to raise funds for investments in water, roads, airports, energy and other infrastructure projects under the National Infrastructure Fund. Of this stake, 60 percent has been reserved for Kenyan investors, with the remainder allocated to regional and other investors.
Under the offer, the Government is selling 11.81 billion shares at Sh9 per share, targeting to raise about Sh106.3 billion.
How to apply
Kenyans interested in buying KPC shares can apply through two channels:
- USSD (Mobile Phone)
- Dial *483*816#
- Follow the prompts to complete your application
This option is designed for individual investors who prefer using mobile phones.
- Online Portal (CDS Account)
- Apply through the official IPO portal: https://kpcipo.e-offer.app
- Investors must have a Central Depository System (CDS) account
This method is open to all investor categories and offers more flexibility and control.
“The KPC IPO provides two convenient application methods designed to accommodate different investor preferences and levels of technological access,” KPC said, noting that while individuals can use USSD, the online platform is available to all investors.
The IPO was officially launched on Monday by Treasury Cabinet Secretary John Mbadi at the NSE.
Mbadi said the KPC listing is part of broader economic reforms aimed at deepening Kenya’s capital markets, improving governance in state-owned enterprises, and expanding public ownership of strategic national assets.
Once listed, KPC will become one of the largest companies on the NSE, offering Kenyans a rare opportunity to directly invest in a key national infrastructure firm.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Investigations2 weeks agoHow Little-Known Pesa Print, Linked to State House Tycoons, Won NTSA Tender Worth Sh42 Billion in Traffic Fines
-
News1 week agoTuju Forcefully Removed From His Karen Property With Masked Officers In Unmarked Vehicles In Early Morning Raid
-
News2 weeks agoNamed: Havi Says Mutava Confessed He Was Collecting The Bribe For Lady Justice Josephine Mongare, So Why Is JSC Still Silence?
-
Business2 weeks agoThe New Master of the Nation: How a Tanzanian Billionaire With a President in His Pocket Just Bought Kenya’s Most Powerful Press
-
Business1 week ago‘They Will Eat You Alive’: Retired Teacher Warns Against Bashy African Credit as Sh500,000 Loan Spirals Into Sh1.5 Million Fight
-
Business1 week agoCentum Special Report: Is Mworia Overseeing Shareholder Value Destruction?
-
Investigations5 days agoTHE RUTO HAND IN TUJU’S FALL: How a President-Linked Petroleum Baron Walked Away With Sh3.5 Billion Karen Land for Sh450 Million
-
Investigations2 weeks agoThe Confession, The Child, The Forged Documents and The Silenced Commission: Havi Lays Bare The Full Architecture Of Corruption Behind The Tuju Property Saga
