Pratham EPC Projects Limited IPO
Pratham EPC Projects Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹113.3, delivering a listing gain of 51.1%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
Pratham EPC Projects Limited IPO
- IPO Dates
- Mar 11, 2024 – Mar 13, 2024
- Price band
- ₹71-75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹36 Cr
- Lot size
- 1600
- Allotment Date
- Mar 14, 2024
- Listing
- Mar 18, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 11, 2024
Open Date
Completed
-
Mar 13, 2024
Close Date
Completed
-
Mar 14, 2024
Allotment Date
Completed
-
Mar 18, 2024
Listing Date
Completed
Pratham EPC Projects Limited IPO Essentials
Pratham EPC Projects Limited IPO Details
Pratham EPC Projects Limited IPO is priced at ₹71-75 per share with a total issue size of 36 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹71-75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,000,000 shares(aggregating up to ₹37.50 Cr)
- Total issue size
- 48,00,000 shares
(aggregating up to ₹36 crore) - Fresh issue
- 48,00,000 shares
(aggregating up to ₹36 crore) - Listing at
- NSE SME
- List price
- 113.3
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,20,000 |
| Retail(max) | 1 | 1600 | ₹1,20,000 |
| NII (min) | 2 | 3,200 | ₹2,40,000 |
Pratham EPC Projects Limited IPO Reservation
Pratham EPC Projects Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,800,000 shares, approximately 19% are reserved for QIB, 14.27% for NII, 33.27% for retail investors, 5% for market maker, and 28.47% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,366,400 (28.47%) | |
| Market Maker Shares Offered | 240,000 (5%) | |
| QIB Shares Offered | 912,000 (19%) | |
| NII (HNI) Shares Offered | 684,800 (14.27%) | |
| Retail Shares Offered | 1,596,800 (33.27%) | |
| Total Shares Offered | 4,800,000 (100%) |
Pratham EPC Projects Limited IPO Analytics
Pratham EPC Projects Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Pratham EPC Projects Limited IPO Subscription Status
Pratham EPC Projects Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 912,000 / 684,800 | 1,596,800 | 3,193,600 |
|
Day 1
11-03-24 06:00 PM
|
(0.03 / 10.50) x | 21.76 x | 13.14 x |
|
Day 2
12-03-24 06:00 PM
|
(1.35 / 52.51) x | 74.88 x | 49.09 x |
|
Day 3
13-03-24 06:00 PM
|
(70.28 / 320.32) x | 178.33 x | 177.92 x |
Pratham EPC Projects Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.9/-
- EPS Post IPO
- ₹4.25/-
- P/E Pre IPO
- 12.72
- P/E Post IPO
- 17.63
Returns
- ROE
- 45.10
- ROCE
- 24.81
- RoNW
- 22.55
- PAT Margin
- 15.26
Fundamentals
- Price / Book
- 4.19
Pratham EPC Projects Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,849.75 | 2,850.17 | 2,041.93 |
| Revenue | 5,167.29 | 5,062.66 | 3,085.03 |
| Profit After Tax | 764.12 | 441.32 | 112.85 |
| Net Worth | 1,797.86 | 1,033.73 | 592.41 |
| Reserves & Surplus | 1,716.86 | 952.73 | 511.41 |
| Total Borrowing | 1,418.83 | 246.26 | 199.48 |
Pratham EPC Projects Limited Company & Offer Insights
About Pratham EPC Projects Limited
Pratham EPC Projects Limited, founded in 2014, provides complete end-to-end services to the oil and gas utilities of India. It offers integrated engineering, procurement, construction, and commissioning.
It conducts gas pipeline projects that involve welding, testing, and commissioning. Pratham is expert in offshore water distribution and oil and gas pipelines. It performs the tasks of tendering and management.
The company is certified by these various renowned organizations in different fields, such as ISO 10002:2018 about customer satisfaction, ISO 14001:2015 about environmental management, ISO 18001:2007 for occupational health and safety, and ISO 9001:2015 about quality management.
The company has already completed more than 12 projects. The total amount of the biggest projects is approximately ₹ 13,184.10 lakhs. As on March 31st, 2023, there are six big projects. Among them, five have been confirmed with approximately ₹ 19,397.33 lakhs, and the execution of projects of ₹ 16,952.80 lakhs is still pending. One project has been completed with an order of around ₹ 40,667.29 lakhs. Thus, a healthy order book has been maintained by the company.
The company had 770 employees in the various departments as at September 30, 2023.
Pratham EPC Projects Limited Promoter(s)
Mr. Nayankumar Manubhai Pansuriya, Mr. Pratikkumar Maganlal Vekariya are the company's promoters of Pratham EPC Projects Limited.
Pratham EPC Projects Limited IPO Issue Objectives
- •
- Purchase of Machinery.
- •
- To Meet Working Capital Requirements.
- •
- General Corporate Purpose.
- •
- To meet Public Issue Expenses
Pratham EPC Projects Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Pratham EPC Projects Limited | 5.9 | N/A | 13.87 | N/A | 42.5 | 5.41 | Standalone |
| Likhitha Infrastructure Limited | 15.22 | N/A | 63.39 | 15.47 | 24.01 | 3.72 | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on the BSE on March 31, 2023, divided by the Basic EPS.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Information
Contact Details
Pratham EPC Projects Limited
079-40037008
A-1101, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G. Highway, Ahmedabad-380054
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Pratham EPC Projects Limited IPO is a book-built IPO worth ₹36 crore. The price band is ₹71–₹75 per share. The IPO opens on Mar 11, 2024 and closes on Mar 13, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Pratham EPC Projects Limited IPO is ₹71 to ₹75 per share.
The lot size of Pratham EPC Projects Limited IPO is 1600 shares.
The minimum investment for Pratham EPC Projects Limited IPO is approximately ₹1,20,000 based on the upper price band .
Pratham EPC Projects Limited IPO opens on Mar 11, 2024 and closes on Mar 13, 2024.
The allotment date of Pratham EPC Projects Limited IPO is Mar 14, 2024.
Pratham EPC Projects Limited IPO is expected to be listed on Mar 18, 2024, on NSE SME Platform.
Pratham EPC Projects Limited IPO valuation snapshot: P/E 17.63, EPS ₹4.25/-, P/B 4.19, RoNW 22.55, and market cap N/A.
To apply for Pratham EPC Projects Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Pratham EPC Projects Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Pratham EPC Projects Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Pratham EPC Projects Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Pratham EPC Projects Limited IPO allotment status on IPO Ji for quick and easy access.