Kenyans can buy KPC shares for as little as Sh9 in new IPO

Kenyans can now buy a stake in the Kenya Pipeline Company (KPC) for as little as Sh9.

This follows the rollout of the government-backed Initial Public Offering (IPO) that opened on January 19, 2026.

The IPO is part of wider efforts to deepen public participation in the capital markets and allow ordinary citizens to invest in state corporations.

According to the offer details, each share is priced at Sh9, with a minimum purchase of 100 shares, bringing the entry amount for first-time investors to Sh900.

“The minimum number of shares required per application is 100 shares, which would cost Sh900. You can buy more than the minimum number, based on how much you want to invest,” KPC said.

The process has been digitised into an e-IPO, allowing investors to apply either via USSD or through an online platform.

The Kenya Pipeline IPO provides two application methods tailored to different levels of digital access.

Under the USSD option, individual investors can apply by dialling *483*816#  from their registered Kenyan mobile number.

The method enables quick application and integrates M-Pesa for direct mobile payments.

A valid Central Depository and Settlement (CDS) account is required.

For those with internet access, applications can also be submitted through the online portal https://kpcipo.e-offer.app.

The platform offers a full application interface and supports multiple payment channels, including bank transfers and electronic fund transfers.

The online option is open to all investor categories, including institutions.

Before applying, KPC urged investors to ensure they have a valid CDS account, sufficient funds in M-Pesa or a bank account, and a registered mobile number for receiving confirmation messages.

Once the offer closes on February 19, 2026, allocation of shares will begin.

If the IPO is oversubscribed, applicants may receive a lower number of shares than they applied for, with excess funds refunded.

KPC is expected to be listed on the Nairobi Securities Exchange (NSE) on March 9, 2026, after which investors will be able to view their allocated shares in their CDS accounts and decide whether to hold them or trade them at the market price.

Investors seeking clarification can reach the IPO team through the contacts provided in the official notice.