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TCS, HDFCBANK, SBI Liquid Fund (G)
Shree Karni Fabcom Ltd.

SHREEKARNI

Equity

NSE

Min. Investment

2,20,000.00

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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

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

ParticularPre-IPOPost-IPO
Percentage96.1670.7
Share Capital50000005000000

Offer to Public

18,72,000.00 Cr

Project Details

  • Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up - 18.682cr
  • Funding working capital requirements of our Company - 50cr
  • Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat - 307.048cr

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

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20225,911.10100.001,442.421,405.3019.8713
20212,743.06100.001,442.421,405.3019.8713
202416,396.93707.201,442.421,405.3019.8713
20239,864.25100.001,442.421,405.3019.8713
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