PKH Ventures Limited IPO : Company Highlights

PKH Ventures Limited IPO is set to launch on 30 June, 2023. The company initiated its business operations in the year 2000. It is involved in the business of Hospitality, Construction and Management Services. It has a subsidiary firm named Garuda Construction that undertakes third party civil construction projects. Its upcoming projects are in various cities including Amritsar, Jalore, Indore, Chiplun etc. Under the hospitality business the company manages and operates hotels and restaurants, QSRs and Spas. It has developed two hotels in Mumbai: Golden Chariot and The Boutique Hotel. Since the last 8 years it has been operating more than 175 hotels in Mumbai.

PKH Ventures Limited IPO DETAILS

PKH Ventures Limited IPO is set to launch on 30 June, 2023. The subscription timeline extends till 4 July, 2023. The size for the IPO is 379 Crore Rs. Shares issued through fresh issue mode are worth 270.22 Crore Rs. Shares issued through offer for sale mode are worth Rs 109.13 Crore. The lot size is 100 shares and the price is 140 to 148 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Rs.5 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.

Tabular Description of PKH Ventures Limited IPO

IPO OPENING DATE	30 June, 2023
CLOSING DATE FOR IPO	4 July, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	5 Rs. per share
IPO price band	140 Rs to 148 per share
LOT SIZE	100 shares
MINIMUM ORDER QUANTITY	100 shares
ISSUE SIZE	379 Crore Rs.
OFFER FOR SALE	109.13 Crore Rs.
FRESH ISSUE	270.22 Crore Rs.
LISTING AT	NSE, BSE
LISTING DATE	12 July, 2023

PKH Ventures Limited IPO : IMPORTANT DATES

IPO OPENING DATE	30 June, 2023
CLOSING DATE FOR IPO	4 July, 2023
IPO ALLOTMENT DATE	7 July, 2023
REFUNDS	10 July, 2023
DEMAT A/C CREDITED ON	11 July, 2023
IPO LISTING DATE	12 July, 2023

PKH Ventures Limited IPO begins for subscription from 30 June, 2023. The IPO subscription would continue till 4 July, 2023. The allotment status for the shareholders who applied would come on 7 July, 2023. The refunds for the ones who did not get allotment would be initiated on 10 July, 2023. The DEMAT accounts of shareholders would be credited on 11 July, 2023. The listing of the company would be completed on 12 July, 2023.

PKH Ventures Limited IPO : Lead Managers

The lead managers are :

• IDBI Capital Market Services Limited

The minimum lot size for the company is decided at 100 shares. This holding accounts to 14800 Rs.. The maximum lot size is decided at 1300 shares. This amounts to 192400 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	100 shares	14800 Rs.
Maximum	1300 shares	192400 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.
• The funds will be utilised for Investment into subsidiaries.
• The borrowings will also be paid off through the IPO Money.

COMPANY FINANCIALS

Particularly (in Crore Rs.)	2019-20	2020-21	2021-22
ASSETS	244	1078	1102
Revenue	636	728	838
PAT	11	39	31

PKH Ventures Limited had an asset base of 244 Crore Rs in 2020 which increased to 1078 Crore Rs in 2021 and 1102 Crore Rs in 2022. The company’s revenue has been increasing at a good pace with 636 Crore Rs in 2020, 728 Crore Rs in 2021 and 838 Crore Rs in 2022. The company’s profits have been 11 Crore Rs for 2020, 39 Crore Rs for the year 2021 and 31 Crore Rs for the year 2022.

PROS

• It has a subsidiary firm named Garuda Construction that undertakes third party civil construction projects. Its upcoming projects are in various cities including Amritsar, Jalore, Indore, Chiplun etc.
• Under the hospitality business the company manages and operates hotels and restaurants, QSRs and Spas.
• It has developed two hotels in Mumbai: Golden Chariot and The Boutique Hotel. Since the last 8 years it has been operating more than 175 hotels in Mumbai.

CONS

• The company works in a highly competitive segment.

PKH Ventures Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the PKH Ventures Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.