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Power Mech Projects IPO IPO

Mainline7 Aug 201511 Aug 2015
Open
7 Aug 2015
Close
11 Aug 2015
3
Allotment
Listing
Wed, Aug 26, 2015
Price Band
₹615 to ₹640
Issue Size
42,69,000 shares (agg. up to ₹273 Cr)
Lot Size
20 Shares
Listing Date
Wed, Aug 26, 2015
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total26.20x

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
PNC Infratech Ltd.Mainboard₹488.44 Cr₹378null₹360.50-4.63%₹244.04 (-0.39%)
Anubhav Infrastructure Ltd.SME₹9.00 Cr₹15null₹14.15-5.67%₹11.60 (-5.00%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements of the Company105.00
2General Corporate Purposes21.64

About Power Mech Projects IPO

Incorporated in 2007, Power Mech Projects Ltd is one of the leading integrated power infrastructure services companies in India providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services.Company's operations include three principal business lines:1. Erection Works;2. Operation & Maintenance (O&M) Services; and3. Civil Works.They have established a track record of successfully executing ETC-BTG and BOP contracts for large power projects including for 800 MW unit capacity super-critical projects. They have been engaged on ETC-BTG projects for the first two ultra-mega power projects (UMPPs) in India as well as for 16 super-critical power projects in India. They were also one of the first companies in India to carry out the overhauling of a super-critical 660 MW turbine and providing AMC services for an ultra-mega power project (UMPP).They have worked on various projects for Bharat Heavy Electricals Ltd, NTPC Ltd, Doosan Power Systems India Private Ltd, Adani Power Ltd, Larsen & Toubro Ltd-Thermal Power Plant Construction BU, Thermal Powertech Co

Contact Details

Power Mech Projects Ltd. AddressPlot No 77 Jubilee EnclaveOpp Hitex MadhapurHyderabad, Telangana, 50008191-40-30444444compliance@powermech.netVisit Website