Perfect Infraengineers Ltd IPO (Perfect Infraengineers IPO) Detail

Oct 30, 2015 - Nov 4, 2015

Perfect Infraengineers Ltd (PIL) is engaged in the business of Mechanical, electrical and plumbing (MEP) turnkey project contracting & engineering. It is also engaged in the manufacture of Heating, Ventilation, and Air Conditioning (HVAC) components and equipment including control panels. It has successfully completed prestigious HVAC /MEP projects all over India and abroad.

The MEP activities provided by Perfect Infraengineers include design, engineering, supply, installation and commissioning of HVAC, plumbing, firefighting and electrical systems to a wide range of industrial, commercial, hospital and tower projects. Its solution includes turnkey electro mechanical works starting from the engineering design, value engineering, construction management, erection, testing, commissioning, operation and maintenance.

Objects of the Issue:

The objects of the issue is to raise resources to:

1. Part finance long term working capital requirement

2. Invest in subsidiary

3. Meet the expenses of the issue.

Perfect Infraengineers IPO Details

IPO Opening DateOct 30, 2015
IPO Closing DateNov 4, 2015
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹23 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtNSE SME
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹6.00 Cr)

Perfect Infraengineers IPO Lot Size

The Perfect Infraengineers IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹138,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹138,000
Maximum16000₹138,000

Perfect Infraengineers IPO Prospectus

Perfect Infraengineers IPO Rating

13
3.9
Rating:Rated 3.9 stars

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Perfect Infraengineers IPO Listing Date

Listing DateFriday, November 20, 2015
BSE Script Code
NSE SymbolPERFECT
Listing In
ISININE925S01012
IPO Price₹23 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹23.00
Open:₹26.00
Low:₹23.60
High:₹26.00
Last Trade:₹25.10
Volume:264,000

Perfect Infraengineers IPO Reviews / Ratings

Company Contact Information

Perfect Infraengineers Ltd
Plot No. R-637, TTC Industrial Area,
Rabale, Thane Belapur Road,
Navi Mumbai

Phone: +91 22 27606264
Email:
Website: http://www.perfectinfra.com/

Perfect Infraengineers IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Perfect Infraengineers IPO Lead Manager(s)

Perfect Infraengineers IPO FAQs

  1. What is Perfect Infraengineers IPO?

    Perfect Infraengineers IPO is a SME IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹23 per equity share. The minimum order quantity is 6000 Shares.

    The IPO opens on Oct 30, 2015, and closes on Nov 4, 2015.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. When Perfect Infraengineers IPO will open?

    The Perfect Infraengineers IPO opens on Oct 30, 2015 and closes on Nov 4, 2015.

  3. What is the lot size of Perfect Infraengineers IPO?

    Perfect Infraengineers IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

  4. How to apply for Perfect Infraengineers IPO?

    You can apply in Perfect Infraengineers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Perfect Infraengineers IPO allotment?

    The finalization of Basis of Allotment for Perfect Infraengineers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Perfect Infraengineers IPO allotment status.

  6. When is Perfect Infraengineers IPO listing date?

    The Perfect Infraengineers IPO listing date is on Friday, November 20, 2015.

Perfect Infraengineers IPO Message Board

Ranked Members  Ranked Members

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9. Carn Mohan |Nov 21, 2015 15:39
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Anybody know date of Coal India FPO.
8. shrey bansal |Nov 18, 2015 23:22
any new ipo please tell
7. AlokVarma |Nov 4, 2015 19:02
Perfect Infraengineers Ltd (PIL) is engaged in the business of Mechanical, electrical and plumbing (MEP) turnkey project contracting & engineering. It is also engaged in the manufacture of Heating, Ventilation, and Air Conditioning (HVAC) components and equipment including control panels. It has successfully completed prestigious HVAC /MEP projects all over India and abroad.

The MEP activities provided by Perfect Infraengineers include design, engineering, supply, installation and commissioning of HVAC, plumbing, firefighting and electrical systems to a wide range of industrial, commercial, hospital and tower projects. Its solution includes turnkey electro mechanical works starting from the engineering design, value engineering, construction management, erection, testing, commissioning, operation and maintenance.

To meet investment in subsidiary and long term working finance needs, the company is coming out with a maiden IPO of 2508000 equity shares of Rs. 10 each at a fixed price of Rs. 23 per share to mobilize Rs. 5.77 crore. Minimum application is to be made for 6000 shares and in multiples thereon, thereafter. Issue opens for subscription on 30.10.15 and will close on 04.11.15. Post allotment, shares will be listed on NSE Emerge platform. This issue is graded as CRISIL SME 4/5 indicating that the fundamentals of the Company are superior compared to other SMEs in India. Keynote Corporate Services Ltd and SIDBI are the lead managers to the issue and Karvy Computershare Pvt Ltd is the registrar.

On performance front, the company has posted an average EPS of Rs. 2.16 for last three fiscals. Despite continued growth in top line from FY 2011 to 2015, it suffered a severe setback in bottom line for FY 2014. For first month of current fiscal (Aril 2015) it has earned net profit of Rs. 0.08 crore on a turnover of Rs. 1.39 crore. If we attribute this on full fiscal and fully diluted equity post IPO, the asking price is at a P/E of 18 plus. However, based on fiscal 2014 earnings, same will stand at a P/E of 11 plus. Having issued equity at par till March 2012, the company issued shares in-between at Rs. 40 in November 2002, at Rs. 20 and Rs. 21 in 2010 and 2011 and also in the range of Rs. 12.85 to Rs. 25 during March 2013 –September 2015. It has also issued bonus shares in the ratio of 2 for 1 (June 2002), 1 for 3 (February 2005), 3 for 4 (January 2006), 1 for 2 (December 2009), 1 for 1 (January 2011), 2 for 3 (January 2013) and 1 for 3 (December 2014). Its current paid up equity capital of Rs. 5.20 crore will stand enhanced to Rs. 7.71 crore post IPO. As claimed by the company in prospectus, there is no listed peer to compare with and is having a credit of first mover in such category. According to PIL, this sector is likely to grow at a CAGR of 13 till 2020 based on market reports.

Conclusion: Although pricing of the issue appears greedy, risk savvy investors can plan long term investment as most of SME IPOs have given some rewards post listings in the process.
6. arbandyo |Nov 2, 2015 20:18
pls provide analyst valuable feed back on perfect infra from nasirul chaudhary,uchit patel,pinkyjain, not from precisely pniky jain(space betwwn name) and lastly from septa.thanks and awaiting for ur feedback. i am watching u all more than one year but never made any feedback, now i need to boost in my portfolio and i feel infra is a lagging sector and time has come for its revive
6.1. bangalore king |Nov 2, 2015 21:53
Top Contributor Top Contributor (400+ Posts)
you know that min. investment needed here is close to 1.2 lakh right
6.2. arbandyo |Nov 3, 2015 12:49
since it is understandable that all sme ipo whether it is NSE or BSE ,its minimum fund requirement is 1.2lk or more restrict the market player,for manupulation. thanks
5. DURAISWAMY |Oct 30, 2015 17:23
BEWARE OF SME IPOs
4. HARSHIT KHANDELWAL |Oct 30, 2015 16:42
Hello sir...... what is the procedure to apply sme ipo.Can we apply through ASBA....Is it safe to apply on sme ipo becalast so many sme ipo gave negative return on listing.....
4.1. Septa |Oct 30, 2015 17:18
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
Some broker IPO platform allows SME application online angel is one such broker
4.2. DURAISWAMY |Oct 30, 2015 17:21
YOUR MONEY WILL BE TRAPPED . BECANO BUYERS FOR FUNNY SOFTWARE AND AMSONS APPARELS ETC., FUNNY SOFTWARE ISSUE PRICE WAS RS 14.(10000*14=140000) NOW THERE ARE NO BUYERS FOR LOWER CIRCUIT LIMIT OF 9.50. AND AMSONS APPARELS LTD SAME. IF YOU HAVE DOUBT ASK DD or your boker. check the price an www.bseindia.com or m.bseindia.com site on monday. IF U HAVE SURPLUS MONEY
3. sandeep |Oct 30, 2015 16:29
hi
2. Dilip Davda |Oct 29, 2015 10:08
To understand the business model of Perfect Infra just visit their website Website: http://www.perfectinfra.com/ and see the projects they have completed and are having on hand. That makes all the difference. According to management, first quarter is always a dull period for this sector. Actual billing starts only from 2nd quarter that keeps going up in the last two quarters. Company is expected to enter three digit top line arena very soon.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

1. DURAISWAMY |Oct 27, 2015 06:47
AMSONS ,PB FILMS AND FUNNY SOFTWARE AND SOME OTHER SME IPO CONTINUE TO TRADE OR NO TRADE BELOW ITS ISSUE PRICE .
SO BEWARE OF SME IPO .
ITS INVESTMENT IS TOO HIGH







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