The Kenya Pipeline Company (KPC) Initial Public Offering (IPO) has opened an opportunity for Kenyans to own shares in one of the country’s most strategic state corporations. The IPO has been structured as an electronic IPO (e-IPO), making the application process faster, simpler and accessible through mobile phones and online platforms. Here is a detailed guide on how to buy shares for the Kenya Pipeline Company IPO, based on official information released by the Privatization Authority and KPC.
What You Need Before Applying for the KPC IPO
Before starting your application, investors must meet several basic requirements. First, you must have a valid Central Depository System (CDS) account. This is the account used to hold shares in Kenya. Investors who do not have a CDS account should contact a licensed stockbroker or investment bank to open one before the offer closes.
You must also have sufficient funds to cover the cost of the shares you wish to buy. Payments can be made using M-Pesa, bank transfer or funds already held in a brokerage account. Investors are advised to calculate the total cost by multiplying the number of shares they intend to buy by the offer price and adding a small amount to cover transaction charges.
In addition, a registered and active Kenyan mobile number is required. For USSD applications, the number must be registered in the investor’s name. For online applications, the mobile number is used to receive SMS updates on application status and payment confirmation.
KPC IPO Offer Details
Each share in the Kenya Pipeline Company IPO is priced at Kh 9.00. The minimum investment is 100 shares, which costs Sh 900. Investors can apply for more than the minimum number of shares depending on their financial capacity.
The offer opened on Monday, January 19, 2026, and will close on Thursday, February 19, 2026.
Two Ways to Apply for the Kenya Pipeline Company IPO

Investors can apply for KPC IPO shares using either the USSD option or the online portal.
The USSD option is designed for individual investors using mobile phones. To apply, dial 483816# from your registered Kenyan mobile number and follow the prompts. This method is quick, convenient and integrates M-Pesa payments directly into the application process. However, it is only available to individual investors and requires a valid CDS account.
The online portal option is available to all categories of investors, including individuals and institutions. Applications can be made by visiting https://kpcipo.e-offer.app using an internet-enabled device. The online platform provides a comprehensive application interface and allows multiple payment options, including bank transfers and account balances held by brokers.
How to Place Your Application
Once logged into your preferred platform, select the “Kenya Pipeline IPO” option and enter the number of shares you wish to purchase. You will be required to provide your CDS account number. After submitting the application, proceed to make payment through the available options.

Payment Options for the KPC IPO
Payments are fully integrated into the digital application process. Investors can pay directly via M-Pesa during the application, use bank transfer or electronic funds transfer for larger investments, or use funds already available in their brokerage account.
What Happens After the Offer Closes
After the offer closes on February 19, 2026, shares will be allocated to successful applicants. If the IPO is oversubscribed, meaning more shares are requested than are available, investors may receive fewer shares than applied for. Any excess funds will be refunded.
The Kenya Pipeline Company is scheduled to be officially listed on the Nairobi Securities Exchange on Monday, March 9, 2026. Once listed, investors will be able to view their shares in their CDS accounts and choose whether to hold them for dividends or sell them at the prevailing market price.
The KPC IPO is part of the government’s broader privatization programme aimed at enhancing efficiency, unlocking value and expanding public participation in state-owned enterprises. It also offers Kenyans a chance to invest in a key player in the country’s energy and logistics sector.
Investors seeking further clarification can contact the IPO support team via email at kpcipo@image.co.ke or through the provided phone numbers 0709 170 006 and 0730 121 106.
ALSO READ: How to Get Remote Jobs in Dubai in 2026: A Step-by-Step Guide
