Pratham EPC Projects IPO Logo

Pratham EPC Projects IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Mar 11 to Mar 13 2024
Price Band ₹71 - 75
Current GMP ₹113.3 (51%)
Subscription 177.84 times

IPO Details

IPO Date
March 11, 2024 to March 13, 2024
Listing Date
Monday, March 18, 2024
Face Value
₹10 per share
Price Band
₹71 to ₹75 per share
Lot Size
1600 Shares
Total Issue Size
4,800,000 shares (aggregating up to ₹36.00 Cr)
Fresh Issue
4,800,000 shares (aggregating up to ₹36.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
12,960,000
Share holding post issue
17,760,000
Market Maker portion
240,000 shares Spread X Securities

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
70.28
Non-Institutional Buyers*
320.31
Retail Investors
178.17
Total **
177.84

Day Wise Sub

DayDay 1 Mar 11, 2024
QIB0.03
NII*10.50
Retail21.76
Total13.14
DayDay 2 Mar 12, 2024
QIB1.35
NII*52.51
Retail74.88
Total49.09
DayDay 3 Mar 13, 2024
QIB70.28
NII*320.31
Retail178.17
Total177.84

Day Wise GMP

Date18-03-2024
Price75.00
GMP27 (36%)
Estimate List Price102
Date17-03-2024
Price75.00
GMP27 (36%)
Estimate List Price102
Date16-03-2024
Price75.00
GMP26 (34.67%)
Estimate List Price101
Date15-03-2024
Price75.00
GMP26 (34.67%)
Estimate List Price101
Date14-03-2024
Price75.00
GMP25 (33.33%)
Estimate List Price100
Date13-03-2024
Price75.00
GMP25 (33.33%)
Estimate List Price100
Date12-03-2024
Price75.00
GMP70 (93.33%)
Estimate List Price145
Date11-03-2024
Price75.00
GMP85 (113.33%)
Estimate List Price160
Date10-03-2024
Price75.00
GMP95 (126.67%)
Estimate List Price170
Date09-03-2024
Price75.00
GMP88 (117.33%)
Estimate List Price163
Date08-03-2024
Price75.00
GMP88 (117.33%)
Estimate List Price163
Date07-03-2024
Price75.00
GMP88 (117.33%)
Estimate List Price163
Date06-03-2024
Price75.00
GMP80 (106.67%)
Estimate List Price155
Date05-03-2024
Price75.00
GMP80 (106.67%)
Estimate List Price155
Date04-03-2024
Price75.00
GMP65 (86.67%)
Estimate List Price140
Date03-03-2024
Price75.00
GMP35 (46.67%)
Estimate List Price110
Date02-03-2024
Price75.00
GMP0 (0%)
Estimate List Price75

IPO Important Dates

IPO Open Date
Monday, March 11, 2024
IPO Close Date
Wednesday, March 13, 2024
Basis of Allotment
Thursday, March 14, 2024
Initiation of Refunds
Friday, March 15, 2024
Credit of Shares to Demat
Friday, March 15, 2024
Listing Date
Monday, March 18, 2024
Cut-off time for UPI mandate confirmation
5 PM on March 13, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1600
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹240,000

Financial Information

Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20234,643.75
31 Mar 20234,849.75
31 Mar 20222,850.17
Period EndedRevenue
30 Sep 20233,581.37
31 Mar 20235,167.29
31 Mar 20225,062.66
Period EndedProfit After Tax
30 Sep 2023523.41
31 Mar 2023764.12
31 Mar 2022441.32
Period EndedNet Worth
30 Sep 20232,321.26
31 Mar 20231,797.86
31 Mar 20221,033.73
Period EndedReserves and Surplus
30 Sep 20231,025.26
31 Mar 20231,716.86
31 Mar 2022952.73
Period EndedTotal Borrowing
30 Sep 2023952.27
31 Mar 20231,418.83
31 Mar 2022246.26

Key Performance Indicator

ROE
45.10
ROCE
24.81
RoNW
22.55
P/BV
4.19
PAT Margin (%)
15.26
EPS (Rs)
5.9

IPO Reservation

Anchor Investor Shares Offered
1,366,400 (28.47%)
Market Maker Shares Offered
240,000 (5.00%)
QIB Shares Offered
912,000 (19.00%)
NII (HNI) Shares Offered
684,800 (14.27%)
Retail Shares Offered
1,596,800 (33.27%)
Total Shares Offered
4,800,000 (100%)

Information about company

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.

Objectives of IPO

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: Purchase of Machinery. To Meet Working Capital Requirements. General Corporate Purpose.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App