Pratham EPC Projects Limited IPO is an NSE SME IPO. They are going to raise ₹37.50 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
Pratham EPC Projects Limited IPO opens for subscription on March 11, 2024, and closes on March 13, 2024. The allotment for the Pratham EPC Projects Limited IPO is expected to be finalized on March 14, 2024. Pratham EPC Projects Limited IPO will list on NSE SME with tentative listing date fixed as Friday, March 18, 2024.
| IPO Details | allotment |
| Minimum Investment ₹120,000 /1 Lot (1600 shares) | Price Range ₹71-₹75 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹120,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 37.50 Cr | Employee Discount ₹0 |
| Total Issue Size 5,000,000 Shares (aggregating up to ₹37.50 Cr) | Share Holding Pree Issue 12,960,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 5,000,000 Shares (aggregating up to ₹37.50 Cr) | Share Holding Post Issue 17,960,000 | Listing At NSE SME |
| Market Maker Portion 240,000 shares | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 11 March 2024 |
| Offer Ends | 13 March 2024 |
| Allotment | 14 March 2024 |
| Refunds | 15 March 2024 |
| Credit of shares to Demat account | 15 March 2024 |
| IPO Listing | 18 March 2024 |
About Pratham EPC Projects Limited
Incorporated in 2014, Pratham EPC Projects Limited is a company that provides end-to-end services to oil and gas distribution firms in India. They specialize in integrated engineering, procurement, construction, and commissioning.
The company has been executing various gas pipeline projects handling all pipeline activities like mainline welding, tie-in, coating, hydro testing, pipeline commissioning, etc. Pratham specializes in oil & gas pipelines for cross-country distribution and city gas distribution. It also undertakes offshore projects for water distribution specifically project bidding & project management.
The company is certified by reputable organizations as follows: ISO 10002:2018 for customer satisfaction, ISO 14001:2015 for environmental management, ISO 18001:2007 for occupational health and safety, and ISO 9001:2015 for quality management.
The company has successfully completed more than 12 projects, with the major projects totaling approximately ₹ 13,184.10 Lakhs. As of March 31st, 2023, the company has six major projects. Five of these worth approximately ₹ 19,397.33 Lakhs have been confirmed, but project execution worth ₹ 16,952.80 Lakhs is still pending. One project has been finalized with a Purchase Order, worth approximately ₹ 40,667.29 Lakhs, suggesting its strong order book.
| Incorporated in | Managing Director |
| 2014 | Mr. |
Share Holding
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | % |
Pratham EPC Projects Limited IPO Prospectus
| Pratham EPC Projects Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹5,167.29 | ₹5,062.66 | ₹3,085.03 |
| Assets | ₹4,849.75 | ₹2,850.17 | ₹2,041.93 |
| Profit | ₹764.12 | ₹441.32 | ₹112.85 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 134.7 Cr | ROE | % |
| P/E (X) | 12.72 | ROCE | % |
| POST P/E (X) | 17.63 | EPS | 5.9 |
| Debt to Equity | RONW |
Objects of the Issue
The Objects of the company is to raise funds for:
- Purchase of Machinery.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Brokerage Firm IPO Review
- To be updated soon
| Pratham EPC Projects Limited Contact Details | |
| Address | Pratham EPC Projects Limited A-1101, Sankalp Iconic, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G. Highway, Ahmedabad, Gujarat -380054 |
| Phone: | 079-4003 7008 |
| cs@prathamepc.com | |
| Website | www.prathamepc.com |
| Pratham EPC Projects Limited IPO Registrar | |
| . | Link Intime India Pvt Ltd |
| Phone | +91 22 4918 6200 |
| prathamepc.ipo@linkintime.co.in | |
| Website | https://www.linkintime.co.in/Initial_Offer/public-issues.html |
| Pratham EPC Projects Limited IPO Allotment Status Check |
| Pratham EPC Projects Limited IPO Allotment Status Check Click Here |
| Pratham EPC Projects Limited Lead Managers | |
| Beeline Capital Advisors Pvt Ltd B/1311-1314, Shilp Corporate Near Rajpath Club, Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy, Ahmedabad, Gujarat – 380054 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://beelinemb.com/ |
Pratham EPC Projects Limited IPO FAQs
What is Pratham EPC Projects Limited IPO?
- Pratham EPC Projects Limited IPO is an NSE SME IPO. They are going to raise ₹37.50 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 11, 2024, and closes on March 13, 2024.
When Pratham EPC Projects Limited IPO will open?
- The IPO is to open on March 11, 2024, for QIB, NII, and Retail Investors. and closes on March 13, 2024
What is Pratham EPC Projects Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Pratham EPC Projects Limited IPO Size?
- Pratham EPC Projects Limited IPO size is ₹37.50 crores.
What is Pratham EPC Projects Limited IPO Price Band?
- Pratham EPC Projects Limited IPO Price Band is ₹71 to ₹75 per equity share.
What is Pratham EPC Projects Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹120,000. and Maximum Lot Size 1 Lots (1600 Shares) with ₹120,000
What is Pratham EPC Projects Limited IPO Allotment Date?
- Pratham EPC Projects Limited IPO allotment date is March 14, 2024.
What is Pratham EPC Projects Limited IPO Listing Date?
- Pratham EPC Projects Limited IPO listing date is March 18, 2024. The IPO to list on NSE.