Pratham EPC Projects Limited IPO
NSE SMEListed On: Mar 18, 2024 at ₹ 113.3
₹ 120000 /1600 Shares
Check Allotment11 Mar, 2024
Open Date13 Mar, 2024
Close Date14 Mar, 2024
Allotment Date18 Mar, 2024
Listing DateIssue Price
₹71-75 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
113.3Listing Date
2024-03-18Market Lot
1600 Shares (₹120,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
5,000,000 shares(aggregating up to ₹37.50 Cr)Retail Portion
35%Subscription
177.92 timesPratham EPC Projects Limited IPO Details
Pratham EPC Projects Limited IPO is an SME IPO, priced at ₹71-75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 48,00,000 equity shares, aggregating up to ₹36 crores..
The IPO bidding window is open from Mar 11, 2024 to Mar 13, 2024. The allotment is expected to be finalized on Mar 14, 2024, and the tentative listing date is Mar 18, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Pratham EPC Projects Limited IPO Subscription Details
| 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
EPS Pre IPO
₹5.9/-EPS Post IPO
₹4.25/-P/E Pre IPO
12.72P/E Post IPO
17.63ROE
45.10ROCE
24.81RoNW
22.55PAT Margin
15.26Price to Book Value
4.19Pratham EPC Projects Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 72.97%
- Mr. Nayankumar Manubhai Pansuriya
- Mr. Pratikkumar Maganlal Vekariya
Pratham EPC Projects Limited IPO - Issue Objectives
- Purchase of Machinery.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Issue Expenses
Other Details
Pratham EPC Projects Limited
A-1101, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G. Highway, Ahmedabad-380054Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: prathamepc.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Pratham EPC Projects Limited IPO - FAQs
Ans. Pratham EPC Projects Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 11, 2024, and closes on Mar 13, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Pratham EPC Projects Limited IPO opens on Mar 11, 2024 and closes on Mar 13, 2024.
Ans. The size of Pratham EPC Projects Limited IPO is 5,000,000 shares(aggregating up to ₹37.50 Cr).
Ans. The IPO price band is set between ₹71-75 per equity share.
Ans. To apply for Pratham EPC Projects Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Pratham EPC Projects Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Pratham EPC Projects Limited IPO is Mar 14, 2024.
Ans. The Pratham EPC Projects Limited IPO will be listed on Mar 18, 2024.
Ans. Follow the steps to check the allotment status for Pratham EPC Projects Limited IPO here.
