Pratham EPC Projects Limited IPO
- IPO Date11 Mar, 2024 to 13 Mar, 2024
- Listing Date18 Mar, 2024
- Face Value₹10 per share
- Issue Price₹71 to ₹75 per share
- Lot Size1600 Shares
- Minimum Investment₹1,20,000
- Listing AtNSE SME
- Total Issue Size48,00,000 Shares
(aggregating up to ₹36.00 Cr) - Fresh Issue48,00,000 Shares
(aggregating up to ₹36.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,29,60,000
- Shareholding post issue1,77,60,000
IPO Dates
Closing Date
13 Mar, 2024
Initiation of Refunds
15 Mar, 2024
Listing Date
18 Mar, 2024
11 Mar, 2024
Opening Date
14 Mar, 2024
Basis of Allotment
15 Mar, 2024
Credit of Shares
Pratham EPC Projects Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below 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 |
| HNI (Min) | 2 | 3200 | ₹2,40,000 |
| Retail (Max) | 1 | 1600 | ₹1,20,000 |
Pratham EPC Projects Limited Promoter Holding
The Promoters of the company are Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.97% |
Pratham EPC Projects Limited COMPANY INFORMATION
Pratham EPC Projects IPO is a book built issue of Rs 36.00 crores. The issue is entirely a fresh issue of 48 lakh shares. Pratham EPC Projects IPO opens for subscription on March 11, 2024 and closes on March 13, 2024. The allotment for the Pratham EPC Projects IPO is expected to be finalized on Thursday, March 14, 2024. Pratham EPC Projects IPO will list on NSE SME with tentative listing date fixed as Monday, March 18, 2024. Pratham EPC Projects IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹240,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Pratham EPC Projects IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Pratham EPC Projects IPO is Spread X Securities. Refer to Pratham EPC Projects IPO RHP for detailed information.
Established in 2014, Pratham EPC Projects Limited provides end-to-end services to oil and gas utilities in India. The company specializes in integrated engineering, procurement, construction, and commissioning.
The company undertakes gas pipeline projects including welding, testing, and commissioning. Pratham specializes in oil and gas pipelines and offshore water distribution projects and undertakes tendering and management.
The company is certified by renowned 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 completed more than 12 projects, with the largest projects totaling approximately ₹ 13,184.10 lakhs. As of March 31st, 2023, the company has six major projects. Five of them worth approximately ₹ 19,397.33 lakhs have been confirmed, but execution of projects worth ₹ 16,952.80 lakhs is still pending. One project has been completed with an order worth around ₹ 40,667.29 lakhs, indicating a healthy order book.
As of September 30, 2023, the company employed 770 people in various departments.
FAQs About Pratham Epc Projects Limited Ipo
Pratham EPC Projects Limited IPO will open on 11 Mar, 2024 and close on 13 Mar, 2024. Investors must apply within this period to participate.
The Pratham EPC Projects Limited IPO price band is set between ₹71.00 and ₹75.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹120000.00.
The Pratham EPC Projects Limited IPO shares are expected to be listed on 18 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Pratham EPC Projects Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Pratham EPC Projects Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.