The Kenya Pipeline Company (KPC) has officially opened its Initial Public Offer (IPO), presenting Kenyans and international investors with a rare chance to own a stake in one of the country’s most critical infrastructure companies.

As the operator of Kenya’s national petroleum pipeline network, KPC enjoys stable, predictable income from transporting and storing fuel across the country.

This IPO is not a speculative venture, it’s an opportunity to invest in a mature company with consistent cash flows and strong dividend potential.

KPC IPO Key Highlights

• Offer Price: KES 9.00 per share

• Minimum Application: 100 shares (KES 900)

  Ad

• Dividend Policy: Targeting 50% payout of net earnings

• Listing: Nairobi Securities Exchange (NSE)

• Offer Closes: 19 February 2026

• Mode of Application: Fully digital via mobile or online

The Government of Kenya plans to sell 65% of KPC shares (11.8 billion ordinary shares) to raise approximately KES 106.3 billion, aimed at funding critical national infrastructure projects.

This IPO is the first-ever e-IPO in East Africa, making it simple for both retail investors and institutions to apply electronically.

KPC IPO Investor Categories

To ensure fair distribution, the IPO is divided into five investor pools:

• Local retail investors: 20%

• Local institutional investors: 20%

• Regional (EAC) investors: 20%

• International investors: 20%

• Oil marketing companies: 15%

• KPC employees: 5%

How to Participate in the KPC IPO 2026

Here’s a step-by-step guide to securing your shares in Kenya Pipeline Company:

Step 1: Open a CDS Account

A Central Depository System (CDS) account is required to hold your shares electronically.

To open one:

1. Contact any licensed stockbroker or investment bank.

2. Provide your ID or Passport and KRA Pin.

3. Many brokers allow mobile app registration, making the process fast and convenient.

Step 2: Choose Your Application Method

You can apply using your phone (USSD) or online portal:

Method A: USSD Application (Best for Individuals)

1. Dial *483*816# on your Kenyan mobile number.

2. Accept the terms and conditions.

3. Select “New Application” and follow prompts.

4. Enter your CDS account number.

5. Complete payment via mobile prompt.

Method B: Online Application Portal

1. Visit the official KPC IPO portal.

2. Register and click “New Application”.

3. Fill in mandatory fields (CDS account, applicant type).

4. Upload documents (for institutions) and proof of payment.

Step 3: Make Your Payment

All payments must be in Kenya Shillings (KES).

Mobile Payment (M-PESA)

• STK Push or Paybill transfer using your unique Application Serial Number:

Note: You can pay up to KES 150,000 per transaction. Multiple transactions are allowed for larger investments.

Bank Transfer

• Payments via EFT or RTGS can be sent to the receiving bank accounts listed above.

• Include your Application Serial Number in the narration.

Bank Financing

• Investors can also apply via financing institutions to cover the purchase of KPC shares.

Tips to Avoid Rejection

Your application may be rejected if:

• Information is incomplete or illegible

• Payment is made by cheque (not accepted)

• Payment is received after 19 February 2026

• Required identity or KYC documents are missing

Why Invest in KPC?

1. Stable Income: KPC generates consistent revenue from fuel transportation and storage.

2. High Dividend Potential: Target payout of 50% of net earnings.

3. Government-Backed: Being state-owned ensures stability and credibility.

4. Digital Accessibility: First e-IPO in East Africa, fully online and mobile-friendly.

5. Strategic Infrastructure: Investing in a company critical to Kenya’s energy sector.

Don’t miss this historic opportunity to own a part of Kenya’s energy backbone. The KPC IPO closes on 19 February 2026. Secure your shares today and be part of Kenya’s growth story.