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Power & Instrumentation (Gujarat) Limited IPO (Power Instrumentation Gujarat IPO) Detail

Apr 11, 2018 - Apr 13, 2018

Incorporated in 1983, Power & Instrumentation (Gujarat) Limited is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. The company has been providing the clients with complete turnkey solutions from concept to commissioning which includes Design, procurement, installation, testing & commissioning and maintenance of the system.

Apart from private sector entities, the company is also involved in bidding and executing government and semi-government projects. It has executed projects for Sardar Vallabhbhai Patel International Airport, Ahmedabad, Raja Bhoj Airport, Bhopal, U N Mehta Hospital, Ahmedabad, Secretariat Building, Naya Raipur, YMCA Club, Ahmedabad etc.

Currently, the company has order on-hand
from the following Clienteles:
1. Indian Institute of Science Education and Research: Bhopal
2. National Buildings Construction Corporation Limited: Gurgaon, Haryana
3. Goa State Infrastructure Development Corporation Limited: Goa
4. Central Public Works Department-Nagpur
5. NISM Project, CPWD, New Mumbai
6. Ajmer Vidyut Vitran Nigam Ltd -Ajmer
7. MTNLworli - Mumbai
8. Airport Authority of India - Jammu Airport - Jammu
9. CPWD-NIMS Patalganga
10. Gujarat High Court - Ahmedabad - PWD
11. Airport Authority of India - Bhopal Airport
12. Airport Authority of India - Srinagar Airport
13. Naya Raipur Development Authority
14. Chennai Port Trust
15. Sardar Sarovar Narmada Nigam Limited
16. Mahanagar Telephone Nigam Limited -Prabhadevi
17. Mahanagar Telephone Nigam Limited -Cumballa
18. CPWD -Gandhinagar
19. CPWD-Calicut
20. Airport Authority of India-GOA

It has employed 58 employees (including skilled, semi-skilled and unskilled).

Company Promoters:

The Promoters of the company are Mr. Padmaraj Padmnabhan Pillai and Mrs. Padmavati Padmanabhan Pillai. They hold 26,14,800 Equity Shares which in aggregate, constitutes 50.48 % of the issued and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,056.00 4,260.62 3,122.52 2,851.59 2,444.62
Total Revenue 6,072.79 5,166.19 4,546.73 3,633.03 3,270.25
Profit After Tax 156.66 122.39 107.17 94.89 87.80

Objects of the Issue:

The objects of the Issue are:

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. To Meet the Issue Expenses

Power Instrumentation Gujarat IPO Details

IPO Opening Date Apr 11, 2018
IPO Closing Date Apr 13, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹33 per equity share
Market Lot 4000 Shares
Min Order Quantity 4000 Shares
Listing At NSE SME
Issue Size1,864,000 Eq Shares of ₹10
(aggregating up to ₹6.15 Cr)

Power Instrumentation Gujarat IPO Lot Size

The Power Instrumentation Gujarat IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹132,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 4000 ₹132,000
Maximum 1 4000 ₹132,000

Power Instrumentation Gujarat IPO Review

Considering the business model, track record and reasonable pricing, investors may consider investment for long term.

Read detail review...

Power Instrumentation Gujarat IPO Subscription Status (Bidding Detail)

The Power Instrumentation Gujarat IPO is subscribed 10.26 times on 4/13/2018 5:00:00 PM. The public issue subscribed 11.90 times in the retail category, times in the QIB category, and 8.61 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII8.61
Retail11.90
Total10.26

Power Instrumentation Gujarat IPO Prospectus

Power Instrumentation Gujarat IPO Rating

113
4.0
Rating:Rated 4.0 stars
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Power Instrumentation Gujarat IPO Listing Date

Listing Date Monday, April 23, 2018
BSE Script Code
NSE Symbol PIGL
Listing In
ISIN INE557Z01018
IPO Price ₹33 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹33.00
Open: ₹35.00
Low: ₹34.00
High: ₹35.90
Last Trade: ₹34.90

Company Contact Information

Power & Instrumentation (Gujarat) Limited
A/1, Sixth Floor, Safal Profitaire,
Near Krishna Bunglows, 100 Ft. Road
Prahladnagar, Ahmedabad- 380015
Phone: +91 79-40051222
Email: priyacs@grouppower.org
Website: http://grouppower.org/

Power Instrumentation Gujarat IPO Registrar

Skyline Financial Services Private Ltd

Phone: +91 - 11 - 2681
Email: Mumbai@skylinerta.com
Website: http://www.skylinerta.com

Power Instrumentation Gujarat IPO Reviews / Ratings

Power Instrumentation Gujarat IPO Lead Manager(s)

Power Instrumentation Gujarat IPO FAQs

Power Instrumentation Gujarat IPO is a SME IPO of 1,864,000 equity shares of the face value of ₹10 aggregating up to ₹6.15 Crores. The issue is priced at ₹33 per equity share. The minimum order quantity is 4000 Shares.

The IPO opens on Apr 11, 2018, and closes on Apr 13, 2018.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Power Instrumentation Gujarat IPO opens on Apr 11, 2018 and closes on Apr 13, 2018.

Power Instrumentation Gujarat IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

You can apply in Power Instrumentation Gujarat 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.

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

The Power Instrumentation Gujarat IPO listing date is on Monday, April 23, 2018.

Power Instrumentation Gujarat IPO Message Board

Ranked Members  Ranked Members

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75 Comments

49. tejasa |May 8, 2018 11:47:58 AM
Another pc jwellers
48. S T |May 6, 2018 11:13:18 PM
Proof of Vijay Kedia invested in this SME IPO: https://economictimes.indiatimes.com/markets/stocks/news/top-investors-kela-damani-kedia-andrade-find-new-money-spinner-beyond-main-market/articleshow/63970271.cms
47. tejasa |Apr 26, 2018 11:09:09 AM
Kha mahirca chemical or kaha pigl and dilip davda said avod for mahirca
47.1. v for vendetta |Apr 26, 2018 10:24:30 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
SMEs are difficult to predict. It is more about frenzy and less about fundamentals. Dilip Dawda is a respected analyst and his calls are based on fundamentals.
46. Sujal |Apr 25, 2018 4:12:36 PM
No buyer only seller wow what a company where is that hiteshji Who is telling very good company for long term where is IPO gainer who is telling very good company
45. Sujal |Apr 25, 2018 10:55:05 AM
I think this is the best time to buy power & instrumentation
44. Sujal |Apr 24, 2018 5:02:54 PM
Aur kitna niche ja sakta hain ye stock
43. RK Chandigarh |Apr 24, 2018 12:40:35 AM
Kya ho Raha hai ye.
Lagta hai jaise ye site kisi ne hack kar Li hai aur moderator kept sleeping .
42. Sujal |Apr 23, 2018 11:09:21 AM
Gm everyone Is it rite time to buy this stock for long term for handsome gains
42.1. IPOANALYSIS |Apr 23, 2018 11:17:42 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Off course. I bought this morning
41. DownriteVJ |Apr 23, 2018 10:53:41 AM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
35
40. WAHEGURU |Apr 19, 2018 8:31:28 PM
What will be the listing price of this share on 23rd april any guess please. I want to sell at rs. 38 any interested.
40.1. IPOANALYSIS |Apr 20, 2018 1:06:53 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
It is a portfolio stock for long term investors.
This would increase investor and be wealth creator if hold in your stock portfolio.
39. Hiteshji |Apr 19, 2018 8:13:07 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Keep it in your portfolio for long term and forget about listing date....????
38. DownriteVJ |Apr 19, 2018 4:15:19 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
0/2 :(
37. WAHEGURU |Apr 19, 2018 2:14:48 PM
Tejas pandya 1/2 what to do now and when is listing
37.1. Tejas pandya |Apr 19, 2018 3:25:07 PM
@waheguru
Listing on 23...
36. INVESTIGATOR |Apr 19, 2018 2:16:34 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
ZERO out of TWO
35. S T |Apr 19, 2018 1:00:56 PM
Allotment out http://www.skylinerta.com/display_application.php?app=741

All the best.
35.2. S T |Apr 19, 2018 1:17:05 PM
0/2 :(
35.3. Tejas pandya |Apr 19, 2018 1:32:58 PM
1/3
34. Ravinder pal |Apr 19, 2018 1:20:34 PM
0/4, any way to check allotment basis
33. Splendid |Apr 19, 2018 1:14:05 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
0/5
32. DownriteVJ |Apr 13, 2018 6:48:25 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
RII 11.24X
Overall 9.71X
32.1. NB |Apr 18, 2018 8:34:32 PM
when is the allotment and on which site it will get reflect... ?.. kindly let us know which site to see the allotment of power instrument.?
32.2. DownriteVJ |Apr 19, 2018 12:46:20 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Allotment Today

http://www.skylinerta.com/ipo.php

Still not out. Wait.
31. NB |Apr 18, 2018 8:35:18 PM
on which site it will show allotment.. ? kindly post anyone.. thanks
31.4. S T |Apr 19, 2018 12:24:17 PM
Hi Sinewave, it seems the link you have posted to check the allotment status is not correct http://www.skylinerta.com/display_application.php?app=402

Reqest to check and repost the correct link.
31.5. DownriteVJ |Apr 19, 2018 12:45:34 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
http://www.skylinerta.com/ipo.php
30. Ravi DD Patel |Apr 19, 2018 2:55:08 AM
Can anyone please tell me listing date?
30.1. DownriteVJ |Apr 19, 2018 12:07:05 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
23rd