Pratham EPC Projects Limited IPO is set to launch on 11 March, 2024. The company initiated its business operations in the year 2014. It is involved in the business of end-to-end services to oil and gas utilities in India. The company specialises into procurement, integrated engineering, construction and commissioning. It takes into account the gas pipeline projects including testing, welding and commissioning. The company is an expert in oil and gas pipelines and offshore water distribution projects and it also takes into account tendering and management. It has successfully completed more than 12 projects and has an employee base of 770 people.
Pratham EPC Projects Limited IPO is set to launch on 11 March, 2024. The subscription timeline extends till 13 March, 2024. The size for the IPO is 36 Crore Rs. Shares issued through fresh issue mode are worth Rs 36 Crore. No shares are issued through offer for sale mode. The lot size is 1600 shares and the price is 71 Rs to 75 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is Link Intime India Private Limited.
| IPO OPENING DATE | 11 March, 2024 |
| CLOSING DATE FOR IPO | 13 March, 2024 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | 71 Rs to 75 Rs per share |
| LOT SIZE | 1600 shares |
| MINIMUM ORDER QUANTITY | 1600 shares |
| ISSUE SIZE | 36 Crore Rs. |
| OFFER FOR SALE | No shares are issued through offer for sale mode |
| FRESH ISSUE | 36 Crore Rs. |
| LISTING AT | NSE SME |
| LISTING DATE | 18 March, 2023 |
| IPO OPENING DATE | 11 March, 2024 |
| CLOSING DATE FOR IPO | 13 March, 2024 |
| IPO ALLOTMENT DATE | 14 March, 2024 |
| REFUNDS | 15 March, 2024 |
| DEMAT A/C CREDITED ON | 15 March, 2024 |
| IPO LISTING DATE | 18 March, 2024 |
Pratham EPC Projects Limited IPO begins for subscription from 11 March, 2024. The IPO subscription would continue till 13 March, 2024. The allotment status for the shareholders who applied would come on 14 March, 2024. The refunds for the ones who did not get allotment would be initiated on 15 March, 2024. The DEMAT accounts of shareholders would be credited on 15 March, 2024. The listing of the company would be completed on 18 March, 2024.
The lead managers are :
The minimum lot size for the company is decided at 1600 shares. This holding accounts to 120000 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 240000 Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | 1600 shares | 120000 Rs. |
| Maximum | 3200 shares | 240000 Rs. |
| Particularly (in Lakh Rs.) | 2020-21 | 2021-22 | 2022-23 |
| Asset | 2041 | 2850 | 4849 |
| Revenue | 3085 | 5062 | 5167 |
| PAT | 112 | 441 | 764 |
Pratham EPC Projects Limited had an asset base of 2041 Lakh Rs in the year 2021 which increased to 2850 Lakh Rs in 2022. The asset base of the company in the year 2023 was 4849 Lakh Rs. The revenue of the firm was 3085 Lakh Rs in 2021 which increased to 5061 Lakh Rs in 2022 and 5167 Lakh Rs in 2023. Profit of the firm was 112 Lakh Rs in 2021. The profit of the firm increased to 441 Lakh Rs in 2022. The profit of the firm was 764 Lakh Rs in the year 2023.
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 :
Now, applying for an IPO online is possible with most of the Discount and online brokers.
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