The Pratham EPC Projects IPO date has been confirmed from March 11, 2024 and closes on March 13, 2024. Read the post to learn about Pratham EPC Projects Limited IPO GMP.
Pratham EPC Projects comes with laudable inputs of an IPO with a fixed issue price valued at 36.00 crore (INR). Pratham EPC Projects, a project development company, has opened its shares placement to public up for subscription at a price range of ₹71 to ₹75 per share.
The minimum lot size requirement is 16000 embraced by the application to proceed. Inspired by the success of Pratham EPC Projects, Global Management Projects today is ₹27. Rs. 1,20,000 is the minimum money that is allowed for investors who are non-professional. NRIs are expected to subscribe to a minimum of 2 lots, of 3200 shares worth ₹241,000.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Pratham EPC Projects Limited IPO:
Bidding Dates
March 11-13
Price Range
₹71 to ₹75 per share
Face Value
₹10 per share
GMP
₹27
Pratham EPC Projects IPO GMP
The Pratham EPC IPO GMP Today is ₹27.
Pratham EPC Projects IPO Overview
The book building process is the method which Pratham builds and offers Rs 36.00 crore in Initial Public Offer (IPO). Pratham EPC Projects presents something totally unexpected, happening in parallel, from March 11 to March 13, 2024 (proposed, subject to registration with the market authorities). The Pratham EPC Projects IPO allotment process shall likely reach the date of March 14, 2024, Thursday. NSE SME expects to go the IPO listing route GMP on Monday 18th March, 2024.
Investors who want to buy Pratham shares must do it during the IPO and the share price may lies between ₹71 and ₹75. The Pratham EPC IPO GMP Today is ₹27. The application slot has to be rectangular with a sides equal to or more than 1600 meters. The amount as little as 120,000 Rs is needed to buy a retail investor. For HNIs, at least 2 sites with 3200 shares in total must be reserved of which 240000 is the minimum unit price to invest in new shares.
Pratham EPC Projects IPO Details
| IPO Date | March 11, 2024 to March 13, 2024 |
| Listing Date | 18-Mar-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 |
Pratham EPC Projects Limited Financial Information
| 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 | ||||
Pratham EPC Projects IPO Timeline
| 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 |
Company Profile
Starting its business in the time 2014, Pratham EPCL is a winner in the energy sector by being among the vital service providers of India’s oil painting and gas serviceability. An mastermind’s collaboration, procurement and construction, and a commissioning at the heart of the company’s operations are important.
Constructing gas pipelines constitute the basis of the activities of the company. For example, these processes require approval of welding spots, testing of each pipeline section, and commissioning of the mainline. Pratham is able to pitch in with improving oil and gas pipelines as well as managing offshore water distribution which are handled on the tendering and managing process. The company is accredited by the following organisations: on the other hand, part two of the same set standard will be ISO 10002:2018 for the customer satisfaction.
140012015 for environmental operation, ISO 180012007 for occupational health and safety, and ISO 90012015 for quality operation. The company has completed around 12 systems, with the largest reaching over ₹ 13,184.10 lakhs. As of March 31, 2023, the pot had six significant systems. Five systems have been verified, totaling ₹ 19,397.33 lakhs, while ₹ 16,952.80 lakhs worth of systems are yet to be verified. One completed design with an order worth ₹ 40,667.29 lakhs indicates a robust order book. The pot had 770 workers distributed among different departments as of September 30, 2023.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Pratham EPC Projects Limited |
| Phone number | 079-40037008 |
| Email ID | [email protected] |
| Website | prathamepc.com |
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.
Pratham EPC Projects IPO FAQs
When Pratham EPC Projects IPO will open?
The Pratham EPC Projects IPO opens on March 11, 2024 and closes on March 13, 2024.
What is the lot size of Pratham EPC Projects IPO?
Pratham EPC Projects IPO lot size is 1600 Shares, and the minimum amount required is ₹120,000.
When is Pratham EPC Projects IPO allotment?
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.
When is Pratham EPC Projects IPO listing date?
The Pratham EPC Projects IPO listing date is not yet announced. The tentative date of Pratham EPC Projects IPO listing is Monday, March 18, 2024.
Leave a Reply