The initial public offering (IPO) for Kenya Pipeline Company is now officially open, with applications set to close on Thursday, 19 February.
Equity Bank Kenya has notified its members that it is facilitating applications as a selling agent thus allowing investors to apply digitally through its platforms.
For retail investors who may have never participated in an IPO before, this presents both an opportunity and a moment to understand exactly what is involved.
What Is an IPO?
An IPO, or Initial Public Offering, is when a company offers its shares to the public for the first time. Once listed, those shares can be traded on the open market through the Nairobi Securities Exchange (NSE).
In simple terms, it is the moment a company shifts from being privately or state owned to being owned, at least in part, by public shareholders.
For Kenya Pipeline Company, a strategic player in the country’s fuel transportation infrastructure, the IPO marks a significant step in opening ownership to ordinary Kenyans and institutional investors alike.
How to Apply Through Equity
According to the communication sent to members, applicants must:
- Have a valid CDS (Central Depository System) account.
- Visit the official IPO application portal or dial 483816#.
- Select “Equity Custody Services – EQBC” as the selling agent.
- Complete and submit the application form.
- Make payment via Equity’s digital platforms (Mobile App, Equity Online, *247#, or Equitel).
- Upload proof of payment.
Equity says its teams are available to guide customers through the process.
What Investors Should Consider
While IPOs often generate excitement – especially in Kenya, where past public offers have drawn strong retail participation – investing in shares carries risk.
Once listed, share prices can rise or fall depending on market conditions, company performance and broader economic factors. Prospective investors are encouraged to review the IPO prospectus carefully and assess whether the investment aligns with their financial goals and risk tolerance.
The KPC IPO closes on 19 February, giving interested investors a limited window to make a decision.
