Pratham EPC Projects IPO Details ( Pratham EPC Projects Limited IPO Review )
(11 Mar 2024 – 13 Mar 2024)
Founded in 2014, Pratham EPC Projects Limited offers comprehensive services to oil and gas utilities in India. We specialize in handling the entire process, from engineering and procurement to construction and commissioning.
Our expertise extends to gas pipeline projects, encompassing tasks like welding, testing, and commissioning. Pratham is known for its proficiency in oil and gas pipelines and offshore water distribution projects, actively engaging in tendering and project management.
Certified by esteemed organizations, we hold ISO certifications for customer satisfaction (ISO 10002:2018), environmental management (ISO 14001:2015), occupational health and safety (ISO 18001:2007), and quality management (ISO 9001:2015).
Having successfully completed over 12 projects, our largest endeavors total around ₹13,184.10 lakhs. As of March 31st, 2023, we are actively involved in six major projects. Five projects, valued at approximately ₹19,397.33 lakhs, have been confirmed, while projects worth ₹16,952.80 lakhs are awaiting execution. One project, with an order value of ₹40,667.29 lakhs, has already been completed, showcasing a robust order book.
As of September 30, 2023, Pratham EPC Projects Limited employs 770 individuals across various departments, ensuring a dedicated and skilled workforce.
Pratham EPC Projects Limited IPO Competitive Strength
- 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 IPO Financials Performance ( Results )
Pratham EPC Projects Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,041.93 | 3,085.03 | 112.85 | 592.41 | 511.41 | 199.48 |
| 31-Mar-22 | 2,850.17 | 5,062.66 | 441.32 | 1,033.73 | 952.73 | 246.26 |
| 31-Mar-23 | 4,849.75 | 5,167.29 | 764.12 | 1,797.86 | 1,716.86 | 1,418.83 |
| 30-Sep-23 | 4,643.75 | 3,581.37 | 523.41 | 2,321.26 | 1,025.26 | 952.27 |
Objective of Pratham EPC IPO Issue
- Purchase of Machinery.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Pratham EPC IPO Basic Details
| IPO Date | Mar 11, 2024 to Mar 13, 2024 |
| Listing Date | Monday, March 18, 2024 |
| Face Value | ₹10 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,800,000 shares of ₹10 (aggregating up to ₹36.00 Cr) |
| Fresh Issue | 4,800,000 shares of ₹10 (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 |
| Company Promoters | Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya |
Pratham EPC Projects IPO Reservation
| Anchor Investor Shares Offered | 28.47% of the Net Issue |
| Market Maker Shares Offered | 5.00% of the Net Issue |
| QIB Shares Offered | 19.00% of the Net Issue |
| NII (HNI) Shares Offered | 14.27% of the Net Issue |
| Retail Shares Offered | 33.27% of the Net Issue |
Pratham EPC IPO Timetable
Pratham EPC IPO will open on March 11, 2024 and close on March 13, 2024. You can join Pratham EPC IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 11 March 2024 (Monday) |
| Closing Date | 13 March 2024 (Wednesday) |
| Basis of Allotment | 14 March 2024 (Thursday) |
| Initiation of Refunds | 15 March 2024 (Friday) |
| Credit of Shares to Demat | 15 March 2024 (Friday) |
| Listing Date | 18 March 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 13 March 2024 |
Pratham IPO Lot Size
For retail investors in Pratham IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| S-HNI (Min) | 2 | 3200 | ₹240,000 |
Pratham EPC Projects IPO Promoter Holding
The company’s promoters include Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.97% |
Pratham EPC Projects Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 133.20 |
| Earning Per Share (EPS) | ₹5.90 per Equity Share |
| Net Asset Value (NAV) | ₹13.87 per Equity Share |
| P/E Ratio (P/E) (x) | 12.72 |
| Post P/E Ratio (P/E) (x) | 12.72 |
| Return on Net Worth (RoNW) (%) | 22.55 |
| Return on equity (ROE) (%) | 45.10 |
| Return on Capital Employed (ROCE) (%) | 24.81 |
| Price/Book Value Ratio | 4.19 |
Pratham EPC Projects Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Pratham EPC Projects Limited | Standalone | 75.00 | 10.00 | 5.90 | 12.72 | 42.50 | 13.87 |
| Peer Group | |||||||
| Likhitha Infrastructure Limited | Standalone | 235.50 | 5.00 | 15.22 | 15.47 | 24.01 | 63.39 |
Pratham EPC Projects IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹90 | – | – |
| 11 March 2024 | ₹90 | – | – |
| 10 March 2024 | ₹90 | – | – |
Pratham EPC Projects IPO Detail Video:
link
Pratham EPC Projects IPO Subscription Status (Bidding Detail)
The Pratham EPC Projects IPO on March 13, 2024 at 7:00:00 PM was subscribed 178.54 times, with the retail category being subscribed 179.48 times, the NII (Non-Institutional Investor) category being subscribed 320.53 times, QIB (Qualified-Institutional Buyers) category being subscribed 70.28 times.
| Category | Subscription |
| QIB | 70.28x |
| NII | 320.53x |
| Retail | 179.48x |
| Total | 178.54x |
Pratham EPC Projects IPO Prospectus
| Pratham EPC Projects IPO DRHP | Download |
| Pratham EPC Projects IPO RHP | Download |
| Pratham EPC Projects IPO Anchor Investors Details PDF | Download |
Pratham EPC Projects IPO Rating
| Our Rating | 3.0/5.0 |
Pratham EPC Projects Company Contact Information
Pratham EPC Projects Limited
Registered Office: A-1101, Sankalp Iconic Tower, Opp. Vikramnagar Colony, Iscon Cross Road, S.G. Highway, Ambli, Ahmedabad, Daskroi, Gujarat-380058
Website: www.prathamepc.com
E-Mail: cs@prathamepc.com
Telephone No: 079-4003 7008
Company Secretary and Compliance Officer: Ms. Bhavasthi Rahul Mehta
Promoters of Our Company: Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya
Pratham EPC Projects IPO Registrar
Link Intime India Private Limited
SEBI Registration Number: INR000004058
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai, Maharashtra, India – 400083.
Tel. Number: +91 22 4918 6200
Fax: 022- 4918 6060
Email Id: prathamepc.ipo@linkintime.co.in
Investors Grievance Id: prathamepc.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Goapalkrishnan
CIN: U67190MH1999PTC118368
Pratham EPC Projects IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314 Thirteenth Floor Shilp Corporate Park, Rajpath Rangoli Road Thaltej, Ahmedabad, Gujarat 380054 India.
Telephone Number: +91 79 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Pratham EPC Projects IPO FAQs
What is the lot size of Pratham EPC Projects IPO?
The total size of Pratham EPC Projects IPO is ₹36.00 crores and this is a complete fresh Issue.
When will Pratham EPC Projects IPO start?
Pratham EPC Projects IPO will open from 11 March 2024 and IPO will close on 13 March 2024.
What is the open date of Pratham EPC Projects IPO?
Pratham EPC Projects IPO will open date from 11 March 2024.
What is the last date ( close date ) of Pratham EPC Projects IPO?
Pratham EPC Projects IPO will close from 13 March 2024.
What is the price band of Pratham EPC Projects IPO?
Pratham EPC Projects IPO price band is ₹71 to ₹75. ( Upper Price Band: ₹75, Lower Price Band: ₹71 )
What is the minimum amount required to apply for Pratham EPC Projects IPO?
The minimum investment for retailers to apply for Pratham EPC Projects IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Pratham EPC Projects IPO?
View gray market premium of Pratham EPC Projects IPO by Clicking Here
How much is the GMP of Pratham EPC Projects IPO?
Watch Pratham EPC Projects IPO GMP Today: Click Here
What is the allotment date of Pratham EPC Projects IPO?
The allotment date of Pratham EPC Projects IPO is 14 March 2024.
How to check allotment status in Pratham EPC Projects IPO?
To check the allotment status of Pratham EPC Projects IPO, first of all go to the registrar website by clicking here, select your bad Pratham EPC Projects IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Pratham EPC Projects IPO?
The listing date of Pratham EPC Projects IPO is 18 March 2024.
How much will be the listing gain in Pratham EPC Projects IPO?
View listing gain of Pratham EPC Projects IPO by Clicking Here
How much time Pratham EPC Projects IPO is subscribed?
Total 178.54 times subscribed in Pratham EPC Projects IPO out of which 179.48 times subscription was done in retail quota, 320.53 times subscription in NII quota and 70.28 times subscription in QIB quota.
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