Pratham EPC Projects Limited IPO: Unlocking Growth in India’s Oil and Gas Sector

Explore the Pratham EPC Projects Limited IPO, a groundbreaking investment opportunity in India’s oil and gas industry. Delve into key details, including IPO dates, price band, financial insights, and the company’s growth trajectory. Secure your stake in this transformative venture set to redefine the landscape of engineering, procurement, construction, and commissioning services. Don’t miss the chance to be part of Pratham EPC Projects Limited’s journey towards excellence and innovation. Invest wisely, invest in the future.

Introduction

Embark on an investment journey with the Pratham EPC Projects Limited IPO, set to redefine the landscape of India’s oil and gas utilities. As a seasoned investor, you wouldn’t want to miss this opportunity to be part of a game-changing venture. Let’s delve into the details.

Pratham EPC Projects Limited IPO Overview

The Pratham EPC Projects Limited IPO, a book-built issue valued at Rs 36.00 crores, comprises a fresh issue of 48 lakh shares. Mark your calendars; the subscription window opens on March 11, 2024, and concludes on March 13, 2024. Anticipate the listing on NSE SME by March 18, 2024.

Key Details

  • Price Band: ₹71 to ₹75 per share
  • Lot Size: 1600 Shares
  • Minimum Retail Investment: ₹120,000
  • Lead Manager: Beeline Capital Advisors Pvt Ltd
  • Registrar: Link Intime India Private Ltd
  • Market Maker: Spread X Securities

Pratham EPC Projects Limited IPO Timeline

  • Opening Date: March 11, 2024
  • Closing Date: March 13, 2024
  • Allotment: March 14, 2024
  • Listing: March 18, 2024

Also read: Pune E-Stock Broking Limited IPO Unveiled: A Comprehensive Guide

Financial Snapshot

Dive into the financial prowess of Pratham EPC Projects Limited, showcasing a commendable performance in the last fiscal year.

Key Performance Indicators (KPI)

  • ROE: 45.10%
  • ROCE: 24.81%
  • RoNW: 22.55%
  • P/BV: 4.19%
  • PAT Margin (%): 15.26%

Pre and Post-IPO Metrics

  • Pre-IPO EPS: ₹5.9
  • Post-IPO EPS: ₹5.89
  • P/E (x): 12.72

Objectives of the Issue

The proceeds from the fresh issue are earmarked for:

  1. Purchase of Machinery
  2. Working Capital Requirements
  3. General Corporate Purpose

About Pratham EPC Projects Ltd

Established in 2014, Pratham EPC Projects Ltd pioneers end-to-end services for oil and gas utilities in India. Specializing in integrated engineering, procurement, construction, and commissioning, the company boasts certifications in customer satisfaction, environmental management, occupational health and safety, and quality management.

IPO Highlights

  • Issue Size: 4,800,000 shares
  • Face Value: ₹10 per share
  • Listing at: NSE SME
  • Promoters: Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya
  • Shareholding Post Issue: 72.97%

In conclusion, the Pratham EPC Projects Limited IPO presents a compelling investment prospect in India’s dynamic oil and gas sector. With a strategic focus on engineering, procurement, construction, and commissioning services, the company stands at the forefront of industry innovation. The Pratham EPC Projects Limited IPO’s comprehensive overview, spanning key financials, operational strengths, and growth strategies, positions it as a promising opportunity for investors seeking to participate in the evolving energy landscape. Seize the chance to be part of Pratham EPC Projects Limited’s journey, characterized by excellence and transformative contributions to the sector. Make an informed investment choice and embark on a path of potential and progress.

Note: This article is for informational purposes only. Investors are advised to conduct thorough research before making any investment decisions.

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