Issue Price
₹33
Per Share
GMP
NIL
Grey Market
Est. Listing
₹33
Expected Price
Min. Application
₹264,000
2 lots × 4000 shares
Incorporated in 1983, Power & Instrumentation (Gujarat) Limited is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. The company has been providing the clients with complete turnkey solutions from concept to commissioning which includes Design, procurement, installation, testing & commissioning and maintenance of the system.Apart from private sector entities, the company is also involved in bidding and executing government and semi-government projects. It has executed projects for Sardar Vallabhbhai Patel International Airport, Ahmedabad, Raja Bhoj Airport, Bhopal, U N Mehta Hospital, Ahmedabad, Secretariat Building, Naya Raipur, YMCA Club, Ahmedabad etc.Currently, the company has order on-handfrom the following Clienteles:1. Indian Institute of Science Education and Research: Bhopal2. National Buildings Construction Corporation Limited: Gurgaon, Haryana3. Goa State Infrastructure Development Corporation Limited: Goa4. Central Public Works Department-Nagpur5. NISM Project, CPWD, New Mumbai6. Ajmer Vidyut Vitran Nigam Ltd -Ajmer7. MTNLworli - Mumbai8. Airport Authority of India - Jammu Airport - Jammu9. CPWD-NIMS Patalganga10. Gujarat High Court - Ahmedabad - PWD11. Airport Authority of India - Bhopal Airport12. Airport Authority of India - Srinagar Airport13. Naya Raipur Development Authority14. Chennai Port Trust15. Sardar Sarovar Narmada Nigam Limited16. Mahanagar Telephone Nigam Limited -Prabhadevi17. Mahanagar Telephone Nigam Limited -Cumballa18. CPWD -Gandhinagar19. CPWD-Calicut20. Airport Authority of India-GOAIt has employed 58 employees (including skilled, semi-skilled and unskilled).
Power & Instrumentation (Gujarat) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 96,000 | — | ₹0.32 Cr | — |
| TOTAL | 1,864,000 | 100.00% | ₹6.15 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹132,000 |
| Retail (Max) | 13 | 52,000 | ₹1,716,000 |
| sNII (Min) | 14 | 56,000 | ₹1,848,000 |
| bNII (Min) | 68 | 272,000 | ₹8,976,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 6072.79 | 5166.19 | 4546.73 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 156.66 | 122.39 | 107.17 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 5056.00 | 4260.62 | 3122.52 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |