Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
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 bidding started from March 11, 2024 and ended on March 13, 2024. The allotment for Pratham EPC Projects IPO was finalized on Thursday, March 14, 2024. The shares got listed on NSE SME on 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.
| IPO Date | March 11, 2024 to March 13, 2024 |
| Listing Date | 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 |
Pratham EPC Projects IPO offers 4,800,000 shares. 912,000 (19.00%) to QIB, 684,800 (14.27%) to NII, 1,596,800 (33.27%) to RII and 1,366,400 (28.47%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| 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%) |
Pratham EPC Projects IPO raises Rs 10.25 crore from anchor investors. Pratham EPC Projects IPO Anchor bid date is March 7, 2024. Pratham EPC Projects IPO Anchor Investors list
| Bid Date | March 7, 2024 |
| Shares Offered | 1,366,400 |
| Anchor Portion Size (In Cr.) | 10.25 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 13, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 12, 2024 |
Pratham EPC Projects IPO opens on March 11, 2024, and closes on March 13, 2024.
| 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 |
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 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
| Lot Size Calculator | |||
The Promoters of the company are Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 72.97% |
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.
Pratham EPC Projects Limited's revenue increased by 2.07% and profit after tax (PAT) rose by 73.14% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,643.75 | 4,849.75 | 2,850.17 | 2,041.93 |
| Revenue | 3,581.37 | 5,167.29 | 5,062.66 | 3,085.03 |
| Profit After Tax | 523.41 | 764.12 | 441.32 | 112.85 |
| Net Worth | 2,321.26 | 1,797.86 | 1,033.73 | 592.41 |
| Reserves and Surplus | 1,025.26 | 1,716.86 | 952.73 | 511.41 |
| Total Borrowing | 952.27 | 1,418.83 | 246.26 | 199.48 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Pratham EPC Projects IPO is Rs 133.2 Cr.
KPI as of September 30, 2023.
| KPI | Values |
|---|---|
| ROE | 45.10 |
| ROCE | 24.81 |
| RoNW | 22.55 |
| P/BV | 4.19 |
| PAT Margin (%) | 15.26 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.9 | 5.89 |
| P/E (x) | 12.72 | 12.72 |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
[Dilip Davda] The company is emerging player in gas pipeline infrastructure related services and gaining ground with its cross-country focused projects. It marked surge in profits from FY23 onwards with its changed strategy. It has good client list. Based on FY24 earnings, the issue appears reasonably priced. Investors may park funds for the medium to long term rewards. Read detail review...
The Pratham EPC Projects IPO is subscribed 178.54 times on March 13, 2024 6:22:00 PM. The public issue subscribed 179.48 times in the retail category, 70.28 times in the QIB category, and 320.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 70.28 |
| NII | 320.53 |
| Retail | 179.48 |
| Total | 178.54 |
Total Application : 179,125 (179.48 times)
| Listing Date | March 18, 2024 |
| BSE Script Code | |
| NSE Symbol | PRATHAM |
| ISIN | INE0QA601016 |
| Final Issue Price | ₹75 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹75.00 |
| ₹113.30 |
| ₹110.00 |
| ₹118.95 |
| ₹118.95 |
Pratham EPC Projects Limited
A-1101, Sankalp Iconic,
Opp. Vikram Nagar Iscon Temple Cross Road,
S.G. Highway, Ahmedabad-380054
Phone: 079-40037008
Email: cs@prathamepc.com
Website: https://www.prathamepc.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: prathamepc.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Pratham EPC Projects IPO is a SME IPO of 4,800,000 equity shares of the face value of ₹10 aggregating up to ₹36.00 Crores. The issue is priced at ₹71 to ₹75 per share. The minimum order quantity is 1600 Shares.
The IPO opens on March 11, 2024, and closes on March 13, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Pratham EPC Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Pratham EPC Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pratham EPC Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pratham EPC Projects IPO opens on March 11, 2024 and closes on March 13, 2024.
Pratham EPC Projects IPO lot size is 1600 Shares, and the minimum amount required is ₹120,000.
You can apply in Pratham EPC Projects 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Pratham EPC Projects IPO will be done on Thursday, March 14, 2024, and the allotted shares will be credited to your demat account by Friday, March 15, 2024. Check the Pratham EPC Projects IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Mentor (800+ Posts, 800+ Likes)
Top Contributor (500+ Posts, 200+ Likes)
IPO Guru (1400+ Posts, 1100+ Likes)
New Member
