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Prakash Constrowell Ltd IPO (Prakash Constrowell IPO) Detail

Sep 19, 2011 - Sep 21, 2011

Incorporated in 1996, Prakash Constrowell Ltd is a construction company engaged in the business of infrastructure development and civil construction.

Company mainly operates in the three segments of construction:

1. Infrastructure development includes construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, workshops, hospitals, educational institutions;
2. Civil construction includes Government staff quarters, hostel buildings and auditoriums;
3. Residential and commercial real estate construction.

Prakash Constrowell is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. Comapny has successfully executed a range of construction projects in the state of Maharashtra. Client list includes Public Works Department, Maharashtra State, National Building Construction Corporation (NBCC), Maharashtra State Police Housing & Welfare Corporation (MSPHWC), Maharashtra State Road Transport Corporation (MSRTC), Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), Maharashtra State Power Generation Company Ltd, (MSPGCL), Indian Oil Corporation (IOC) etc

Company Promoters:

Promoters of the company are:

1. Mr. Prakash P. Laddha
2. Mrs. Aruna P. Laddha

Company Financials:

ParticularsFor the year/period ended (in Rs. Lakhs)
31-Mar-1131-Mar-1031-Mar-0931-Mar-0831-Mar-07
Total Income12,812.9111,498.076,359.652,784.033,672.55
Profit After Tax (PAT)968.68748.70293.98311.33288.89

Objects of the Issue:

The object of the issue are:

1. To meet working capital requirement;
2. To Invest in Construction Equipments;
3. To Invest in Subsidiaries;
4. To meet General Corporate Purposes; and
5. To meet Public Issue Expenses.

Issue Detail:

  »»  Issue Open: Sep 19, 2011 - Sep 21, 2011
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 4,347,826 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 60.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 130 - Rs. 138 Per Equity Share
  »»  Market Lot: 50 Shares
  »»  Minimum Order Quantity: 50 Shares
  »»  Listing At: BSE, NSE

Prakash Constrowell Ltd IPO Grading

CARE has assigned an IPO Grade 2 to Prakash Constrowell IPO. This means as per CARE, company has ' Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Prakash Constrowell IPO Report

Check IPO Ratings from other stock analysts.

Prakash Constrowell IPO Reviews:

  1. Prakash Constrowell Ltd IPO review by MLR Securities Private Ltd
  2. Prakash Constrowell Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved2,307,692692,3081,615,3854,615,385
Day 1 - Sep 19, 2011 17:00 IST0.31000.52000.56000.4300
Day 2 - Sep 20, 2011 17:00 IST0.31000.52001.40000.7300
Day 3 - Sep 21, 2011 17:00 IST0.31002.76004.68002.2100

Prakash Constrowell IPO Prospectus

Prakash Constrowell IPO Rating

92
3.9
Rating:Rated 3.9 stars

Vote Here ...

Prakash Constrowell IPO Listing Date

  •   ›  Listing Date: Tuesday, October 4, 2011
  •   ›  BSE Script Code: 533605
  •   ›  NSE Symbol: PRAKASHCON
  •   ›  Listing In: 'B' Group of Securities
  •   ›  Sector: Construction
  •   ›  ISIN: INE023M01019
  •   ›  Issue Price: Rs. 138.00 Per Equity Share
  •   ›  Face Value: Rs. 10.00 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs. 138.00
Open:Rs. 145.00
Low:Rs. 112.50
High:Rs. 245.00
Last Trade:Rs. 229.50
Volume:24,545,853
NSE
Rs. 138.00
Rs. 147.20
Rs. 112.25
Rs. 245.00
Rs. 230.00
31,247,332

Prakash Constrowell IPO News Alerts

  1. Thursday, September 29, 2011 3:06:42 PM
    IPO Allotment - Prakash Constrowell Ltd
  2. Wednesday, September 21, 2011 7:40:25 AM
    Prakash Constrowell IPO finally subscribed 2.21 times
  3. Monday, September 19, 2011 9:05:20 AM
    Prakash Constrowell IPO subscribed 0.43 times on day 1
  4. Monday, September 12, 2011 2:39:26 PM
    Upcoming IPO - Prakash Constrowell Ltd

Company Contact Information

Prakash Constrowell Ltd
6/7 Falcon Plaza,
National Urdu High School Road,
Near Sarda Circle, Nasik - 422001, Maharashtra
Phone: +91 253 2590725
Fax: +91 253 2597720
Email: info@pclnsk.com
Website: http://www.pclnsk.com

Prakash Constrowell IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Prakash Constrowell IPO Lead Manager(s)

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Prakash Constrowell IPO Review / Comments

avatar
81. JUBILANT  Oct 5, 2011 12:47:11 PM IST Reply
Dear santonuji
Now onwards operator will do oposite to your establishment
for example see PG electo was up continuously upto to selttlement day
Today prakash made reverse
trapped
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80. terun patel  Oct 5, 2011 9:45:24 AM IST Reply
SKDASH Sir, i am i ahmedabad, but i spend 4 years in Karnataka and 2 years in TN.so i know some culture of these states.
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79. santonu  Oct 4, 2011 11:21:28 PM IST Reply
If you really want to make money on listing day itself then wait till 2.10PM and just follow the trend. If it goes 30%+ or 30%-,then you can put your money according to the trend . after extensive study of intraday chart on listing day, this is established.so donot enter before 2.10 on listing day
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78. sh  Oct 4, 2011 9:50:13 PM IST Reply
Amit Gupta
Your prediction of 155 to 200+ came true...wow. Hope you continue to make such predictions.
Would you mind telling us how you arrived at the 200+ figure?
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77. Amit Gupta  Oct 4, 2011 8:47:08 PM IST Reply
So at the end who was right? Told you the operators will take it 200+
The trend for new listings has reversed now. Operators know very well that public is short selling these new listings, so they take the reverse wave...they take it to so high a level that most ppl lose a good chunk of money on shorting. So beware of all these new listings. Even if you want to make money still, follow the wave of the operators, sell on their steep dips, and buy while they try to take it upwards. Yeah you'll have to stick to your monitors for sure :-)
avatar
76. JUBILANT  Oct 4, 2011 4:50:29 PM IST Reply
SK dass sir ,I gone to my broker office to put applications for onelife and taksheel exactly left at 2:30hrs and saw there at 3:10hrs it was 220.Came with nervous and saw in my account superb--- it was 40shares leftout.thank god .I could have sold at 165 itself if I were infront of screen
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75. SkDash  Oct 4, 2011 3:06:43 PM IST Reply
Jubiliant- R u in ? its 70% up
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74. SkDash  Oct 4, 2011 1:22:45 PM IST Reply
Good going Jubiliant bhai. I am busy in pooja and coming back to seat in the mid to see the post and mails. Its flat within 9-10% and I dont think it will remain flat as it is. Will rock or crash at some point of time. So do the best with STRICT SL

Discl- No trading/ IPO allotment(since missed)
avatar
73. JUBILANT  Oct 4, 2011 12:59:00 PM IST Reply
sk dass sir,
Nowa days operator are traping both long side traders and short side traders and both are amking losses.
Today in absence of you I decided not to put my brain and I given this chance to decided by my 7 years old child.Now I am trading as per his wish,
So far good gain.
avatar
72. SkDash  Oct 4, 2011 12:14:48 PM IST Reply
green horn sir- making cup of tea for whom :)
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71. GreenHorn  Oct 4, 2011 11:03:46 AM IST Reply
Hi guys,

Was alloted 68 shares. I had put a SL at 145 when the share was trading at 149+ and went to make a cup of tea. When I came, SL had executed.

Cheers!
avatar
70. stocktrader  Oct 4, 2011 10:47:04 AM IST Reply
Fully Agree with SK Dash it can move any side fully operator driven already close to 1 crore shares have been traded in NSE only
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69. noel  Oct 4, 2011 10:45:43 AM IST Reply
what is the target for prakash constrowell?????????????????????
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68. sh  Oct 4, 2011 10:15:27 AM IST Reply
now below issue price. touched a low of 112.
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67. SkDash  Oct 4, 2011 10:10:37 AM IST Reply
Amit/Bhanumati

Not agree with you. It may fall sharply and operators may swing to catch both side. So keep yr SL intact.
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66. SkDash  Oct 4, 2011 9:51:08 AM IST Reply
Jubiliant- Congrats- but have u offloaded fully or in part ?

Terun- yes, I am in Bangalore at present. R u here in bangalore ?
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65. BHANUMATI  Oct 4, 2011 9:50:17 AM IST Reply
Amit Gupta you are 100% right
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64. Amit Gupta  Oct 4, 2011 9:48:10 AM IST Reply
you can infact buy around 155 and wait till the operators take it to 200+
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63. Amit Gupta  Oct 4, 2011 9:37:19 AM IST Reply
another operator driven listing. refrain from trading in it.
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62. terun patel  Oct 4, 2011 9:34:26 AM IST Reply
Dear SKDASHJI,

r u in karnataka? because ayudhapuja is obsevered in this state.best wishes for the same.






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