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Open
11 Mar 2024
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Close
13 Mar 2024
3
Allotment
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Listing
Mon, Mar 18, 2024
Price Band
₹71 to ₹75
Issue Size
48,00,000 shares (agg. up to ₹36 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Mar 18, 2024
Latest GMP
₹27
Est. Gain
36%
✦ AI Insight
GMP Trend
18-03-2024₹27Est. ₹102+36%
17-03-2024₹27Est. ₹102+36%
16-03-2024₹26Est. ₹101+34.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 123.80x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 46.44 | 48.50 | 28.50 | 20.42 |
| Total Income | 35.81 | 51.67 | 50.63 | 30.85 |
| Profit After Tax | 5.23 | 7.64 | 4.41 | 1.13 |
| NET Worth | 23.21 | 17.98 | 10.34 | 5.92 |
| Reserves and Surplus | 10.25 | 17.17 | 9.53 | 5.11 |
| Total Borrowing | 9.52 | 14.19 | 2.46 | 1.99 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹158.35 (-2.88%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 (-1.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹64.50 (-4.94%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹162.00 (+1.25%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
| Udayshivakumar Infra Ltd. | Mainboard | ₹66.00 Cr | ₹35 | 9.67 | ₹31.50 | -10.00% | ₹22.06 (-0.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Machinery | 8.84 |
| 2 | To Meet Working Capital Requirements | 15.15 |
| 3 | General Corporate Purpose | 8.82 |
About Pratham EPC Projects IPO
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.+ Read More
Contact Details
Pratham EPC Projects Ltd. AddressA-1101, Sankalp IconicOpp.Vikram Nagar Iscon Temple Cross RoadS.G.HighwayAhmedabad, Gujarat, 380054079-40037008cs@prathamepc.comVisit Website