The Power Instrumentation Gujarat IPO date has been confirmed from April 11, 2018 and ended on April 13, 2018. Read the post to learn about Power Instrumentation Gujarat IPO GMP.
Priced at Rs 6.15 crores, the Power Instrumentation Gujarat Developers IPO presents a fixed price offering. Power Instrumentation Gujarat Developers is offering its shares at ₹33 each in its IPO. A requirement of 4000 shares is mandatory for all applications. Retail investors are required to invest a minimum of ₹132,000.
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Bidding Dates
April 11-13
Price Range
₹33 per share
Face Value
₹10 per share
GMP
₹48.50
Power Instrumentation Gujarat IPO GMP
The Power Instrumentation Gujarat IPO GMP Today is ₹48.50.
IPO Overview
Power Instrumentation Gujarat’s IPO is priced at a fixed amount of Rs 6.15 crore. The Power Instrumentation Gujarat IPO bidding period opened on April 11, 2018, closing on April 13, 2018. The listing of shares on the NSE SME took place on April 23, 2018. Power Instrumentation Gujarat’s IPO share price is ₹33. Power Instrumentation Gujarat IPO GMP Today is ₹48.50. To fulfill the application, a lot size of 4000 shares is necessary. ₹130,000 is the minimum commitment expected from retail investors.
Currently, the company has order on-hand from the following Clienteles:
- Indian Institute of Science Education and Research: Bhopal
- National Buildings Construction Corporation Limited: Gurgaon, Haryana
- Goa State Infrastructure Development Corporation Limited: Goa
- Central Public Works Department-Nagpur
- NISM Project, CPWD, New Mumbai
- Ajmer Vidyut Vitran Nigam Ltd -Ajmer
- MTNLworli – Mumbai
- Airport Authority of India – Jammu Airport – Jammu
- CPWD-NIMS Patalganga
- Gujarat High Court – Ahmedabad – PWD
- Airport Authority of India – Bhopal Airport
- Airport Authority of India – Srinagar Airport
- Naya Raipur Development Authority
- Chennai Port Trust
- Sardar Sarovar Narmada Nigam Limited
- Mahanagar Telephone Nigam Limited -Prabhadevi
- Mahanagar Telephone Nigam Limited -Cumballa
- CPWD -Gandhinagar
- CPWD-Calicut
- Airport Authority of India-GOA
It has employed 58 employees (including skilled, semi-skilled and unskilled).
Power Instrumentation Gujarat IPO Details
| IPO Date | April 11, 2018 to April 13, 2018 |
| Listing Date | April 23, 2018 |
| Face Value | ₹10 per share |
| Price | ₹33 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,864,000 shares (aggregating up to ₹6.15 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 96,000 shares |
Power Instrumentation Gujarat Company Financials
| 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 | |
Power Instrumentation Gujarat IPO Listing Details
| Listing Date | April 23, 2018 |
| BSE Script Code | |
| NSE Symbol | PIGL |
| ISIN | INE557Z01018 |
| Final Issue Price | ₹33 per share |
Company Profile
Power & Instrumentation (Gujarat) Limited, founded in 1983, offers an extensive array of contracting services, focusing on Electrical, Mechanical, and Instrumentation Engineering. Bridging the gap between idea and execution, the company delivers end-to-end turnkey solutions to clients, including design, procurement, installation, testing, commissioning, and system maintenance. In addition to engaging with private sector entities, the company actively participates in government and semi-government projects. It has completed work like the Sardar
Vallabhbhai Patel International Airport in Ahmedabad, the Raja Bhoj Airport in Bhopal, the U N Mehta Hospital in Ahmedabad, the Secretariat Building in Naya Raipur, and the YMCA Club in Ahmedabad, among others.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | Power & Instrumentation (Gujarat) Limited |
| Phone number | +91 79-40051222 |
| Email ID | [email protected] |
| Website | grouppower.org |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Power Instrumentation Gujarat IPO FAQs
When Power Instrumentation Gujarat IPO will open?
The Power Instrumentation Gujarat IPO opens on April 11, 2018 and closes on April 13, 2018.
What is the lot size of Power Instrumentation Gujarat IPO?
Power Instrumentation Gujarat IPO lot size is 4000 Shares, and the minimum amount required is ₹132,000.
When is Power Instrumentation Gujarat IPO allotment?
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 [.].
When is Power Instrumentation Gujarat IPO listing date?
The Power Instrumentation Gujarat IPO listing date is on April 23, 2018.
