IPO

PKH Ventures Limited

Mainboard

Offer Date: Jun 30, 2023 - Jul 4, 2023

IPO Cancelled

₹ 14800 /100 Shares

Check Allotment

30 Jun, 2023

Open Date

04 Jul, 2023

Close Date

07 Jul, 2023

Allotment Date

12 Jul, 2023

Listing Date
PKH Ventures Limited IPO Issue Details
  • Issue Price ₹140-148 per equity share
  • Face Value ₹5 Per Equity Share
  • Issue Price Total ₹379 Cr :
    #Fresh Issue : 18,258,400 shares(aggregating up to ₹270.22 Cr) +
    #OFS : 7,373,600 shares of ₹5(aggregating up to ₹109.13 Cr)
  • Listing at BSE, NSE
  • Lead Manager IDBI Capital Market Services Limited
  • Registrar Link Intime India Private Ltd
PKH Ventures Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications : 89,712 Approx),
    (Number of sHNI Applications : 915 Approx),
    (Number of bHNI Applications : 1,831 Approx)
PKH Ventures Limited IPO Documents
DRHP
RHP
PKH Ventures Limited IPO Details


The IPO of PKH Ventures Limited is priced at ₹140-148 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Jun 30, 2023 and ends on Jul 4, 2023. The allotment for PKH Ventures Limited IPO will be finalized on Jul 7, 2023. PKH Ventures Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 12, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are IDBI Capital Market Services Limited.


The PKH Ventures Limited IPO sets its price band at 140-148 for each share. A single application for PKH Ventures Limited must contain at least 100 shares.

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PKH Ventures Limited IPO Subscription Analysis And Details
Retail
0.99x
QIB
0.11x
NII
1.67x
bNII
2.01x
sNII
0.98x
Total
0.65x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 4,256,140 3,192,107
2,128,071    1,064,036 		7,448,246 14,896,493
Day 1 30-06-23 05:00 PM
0.00 x 0.10
0.13 x   0.03 x 		0.13 x 0.06 x
Day 2 03-07-23 05:00 PM
0.11 x 0.63
0.78 x   0.32 x 		0.44 x 0.30 x
Day 3 04-07-23 05:00 PM
0.11 x 1.67
2.01 x   0.98 x 		0.99 x 0.65 x
Total No of Applications
67,728
PKH Ventures Limited Valuations
Earnings Per Share (EPS) ₹6.33/-
P/E Ratio 23.42
RoNW 12.38%
Net Asset Value (NAV) - As on 31.12.22 ₹55.63
PKH Ventures Limited Company Financials
In Crs.
In Cr.
31-Dec-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 1,248.03 1,102.45 1,077.04 244.81
Revenue 155.03 245.41 264.66 169.00
Profit After Tax 28.64 40.52 30.57 14.09
About PKH Ventures Limited Company

PKH Ventures Limited is engaged in the business of Construction & Development, Hospitality, and Management Services.

PKH Ventures executes Civil Construction works for Third Party Developer projects. The Civil Construction business is executed by its Subsidiary and construction arm, Garuda Construction.

The company concluded the development of the Delhi Police Headquarters in April 2021, which involved the construction of twin towers of seventeen (17) storeys each, with a complete glass façade and steel bridge connecting the two towers. The company is proposing to develop its own Forthcoming Development Projects, which include real estate development at Amritsar, Punjab; a food park at Jalore, Rajasthan; cold storage park/facilities at Indore, Madhya Pradesh; and a wellness center & resort at Chiplun, Maharashtra.

PKH Ventures' Hospitality vertical is in the business of owning, managing, and operating hotels, restaurants, QSRs, spas, and the sale of food products. The company currently provides miscellaneous mechanical, electrical, and plumbing (MEP) works services such as annual maintenance of its projects and certain third-party O&M contracts. The company has developed two hotels in Mumbai viz., Golden Chariot Hotel & Spa, Vasai and Golden Chariot, The Boutique Hotel near Mumbai International Airport (Mumbai Hotels) and has been owning, managing and operating the 180 Mumbai Hotels since FY 2015.

PKH Ventures has been awarded with two Government Projects viz., the Hydro Power Project and the Nagpur Project, being executed through its Subsidiaries/SPVs.

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PKH Ventures Limited - Promoter(s)

Mr. Pravin Kumar Agarwal

Pre Issue Share Holding : 100%

Post Issue Share Holding : 68.84%

PKH Ventures Limited IPO - Issue Objectives
1

Investment by way of equity in our subsidiary, Halaipani Hydro Project Private Limited for the development of Hydro Power Project (Civil Construction and Electromechanical Works)

2

Investment in Garuda Construction project, for funding long-term working capital requirements

3

Acquisitions and other strategic initiatives

4

To fund expenditures towards general corporate purposes.