Pratham EPC Projects IPO Details, Date, Review, Price

Pratham EPC Projects IPO Details, Date, Review, Price
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OUR BUSINESS

Our company was originally incorporated in the name and style of “Pratham EPC Projects Private Limited”, as a Private Limited Company under the Provisions of Companies Act, 20123 pursuant to a Certificate of Incorporation dated October 27, 2014 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Later on, our Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of our Company held on July 21, 2023 and the name of our Company was changed to “Pratham EPC Projects Limited”. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated July 28, 2023 was issued by the Registrar of Companies, Ahmedabad.

Over the years, we have successfully executed more than 12 projects with our major completed projects quantifying to approximately ₹ 13,184.10 Lakhs. Our execution capabilities have grown significantly with time, both in terms of the size of projects that we bid for and execute, and the number of projects that we execute simultaneously. As of March 31, 2023,
we have 6 major on-going projects out of which 5 projects worth approximately ₹ 19,397.33 Lakhs has been confirmed based on Letter of Allocation / Purchase Order for which ₹ 16,952.80 Lakhs worth project execution is pending and 1 project has been finalized with Purchase Order, which is worth approximately ₹ 40,667.29 Lakhs, based on management
estimates, suggesting our strong order book.

Our Company has demonstrated a prominent presence in execution of pipeline projects and has developed significant expertise and competencies in this field. Our Company aims to leverage its strength and continue expansion into sector which will put our Company to desired growth trajectory. We derive our revenue from following two business verticals:

  • Gas & Oil Pipeline Projects
  • Water Pipeline Projects

PRATHAM EPC PROJECTS IPO DATE & PRICE BAND DETAILS

IPO Open DateMar 11, 2024
IPO Close DateMar 13, 2024
IPO SizeApprox ₹37.50 Crores
IPO Fresh IssueApprox ₹37.50 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹71 to ₹75 Per Every Share
IPO Listing OnNSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

PRATHAM EPC PROJECTS IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11600₹120,000
Retail Maximum11600₹120,000
S-HNI Minimum23200₹240,000

OBJECTS OF ISSUE

  1.   Purchase of Machinery.
  2.  To Meet Working Capital Requirements.
  3.  General Corporate Purpose.
  4.  To meet Public Issue Expenses

PRATHAM EPC PROJECTS IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMar 11, 2024
IPO Close DateMar 13, 2024
Basis of AllotmentMar 14, 2024
RefundsMar 15, 2024
Credit to Demat AccountMar 15, 2024
IPO Listing DateMar 18, 2024

PRATHAM EPC PROJECTS FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023 ₹51.67 ₹41.50 ₹7.64
2022 ₹50.63 ₹44.73 ₹4.41
2021 ₹30.85 ₹29.34 ₹1.13

OUR PROMOTERS

  • Mr. Nayankumar Manubhai Pansuriya
  • Mr. Pratikkumar Maganlal Vekariya.

QUALITATIVE FACTOR

  • Experienced Promoter and Management Team
  • End-to-end execution capabilities
  • Optimal Utilization of Resources
  • Visible growth through a robust order book
  • Long-standing relationships with our customers

PRATHAM EPC PROJECTS COMPANY CONTACT DETAILS

A-1101, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G.
Highway, Ahmedabad, Gujarat-380054;
Telephone No.: 079-4003 7008
Web site: www.prathamepc.com
E-Mail: cs@prathamepc.com
Contact Person: Ms. Bhavasthi Rahul Mehta

PRATHAM EPC PROJECTS IPO REGISTAR

Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan

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