IPO Details
Bidding Dates
06 Mar 24 - 11 Mar 24
Price Range ₹
220 - 227
Total Equity
₹ 42.49Cr
Lot Size
600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
06 Mar 2024
Offer end
11 Mar 2024
Allotment
14 Mar 2024
Listing
14 Mar 2024
Refund initiation
15 Mar 2024
Demat transfer
15 Mar 2024
Offer start
06 Mar 2024
Offer end
11 Mar 2024
Allotment
14 Mar 2024
Listing
14 Mar 2024
Refund initiation
15 Mar 2024
Demat transfer
15 Mar 2024
About Company
Established in 2014, Pratham EPC Projects Limited provides end-to-end services to oil and gas utilities in India, specializing in integrated engineering, procurement, construction, and commissioning. The company undertakes gas pipeline projects, including welding, testing, and commissioning, while also focusing on oil and gas pipelines and offshore water distribution projects. Pratham manages tendering and project management processes efficiently. With over 12 completed projects, including major endeavors valued at approximately ₹13,184.10 lakhs, the company has demonstrated its capability. As of March 31st, 2023, Pratham is actively involved in six major projects, highlighting its commitment to excellence and growth.
Year Founded
07-03-2018
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 96.16 | 70.7 |
| Share Capital | 5000000 | 5000000 |
Offer to Public
18,72,000.00 Cr
Project Details
- Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat - 307.048cr
- Funding working capital requirements of our Company - 50cr
- Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up - 18.682cr
Objectives
- Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat
- Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up for manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand our product portfolio
- Funding working capital requirements of our Company
- andGeneral Corporate Purposes.
Highlights
- Provides comprehensive solutions for oil and gas utilities, ensuring streamlined processes.
- Expertise in integrated engineering, procurement, construction, and commissioning, leading to efficient project execution.
- Certified by renowned organizations for customer satisfaction, environmental management, occupational health and safety, and quality management, ensuring adherence to industry standards.
- Successfully completed over 12 projects, with a healthy order book and ongoing projects, demonstrating reliability and stability.
- Employs a significant workforce of 770 people, contributing to employment generation and skill development.
Challenges
- Vulnerable to fluctuations in the oil and gas industry, affecting project demand and profitability.
- Pending execution of projects worth ₹16,952.80 lakhs may indicate potential delays or challenges in project completion.
- Faces competition from other EPC companies in the industry, affecting market share and profitability.
- Susceptible to economic downturns and market uncertainties, impacting project investments and revenues
- Maintaining compliance with various regulations and standards may require additional resources and expenses, affecting operational efficiency.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 5,911.10 | 100.00 | 555.25 | 555.25 | 11.105 |
| 2021 | 2,743.06 | 100.00 | 555.25 | 555.25 | 11.105 |
| 2024 | 16,396.93 | 707.20 | 1,442.42 | 1,405.30 | 19.8713 |
| 2023 | 9,864.25 | 100.00 | 514.84 | 514.84 | 10.2968 |
