Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
Established in 2014, Pratham EPC Projects Limited provides end-to-end services to oil and gas utilities in India. The company specializes in integrated engineering, procurement, construction, and commissioning.The company undertakes gas pipeline projects including welding, testing, and commissioning. Pratham specializes in oil and gas pipelines and offshore water distribution projects and undertakes tendering and management.The company is certified by renowned organizations as follows: ISO 10002:2018 for customer satisfaction, ISO 14001:2015 for environmental management, ISO 18001:2007 for occupational health and safety, and ISO 9001:2015 for quality management.The company has completed more than 12 projects, with the largest projects totaling approximately ₹ 13,184.10 lakhs. As of March 31st, 2023, the company has six major projects. Five of them worth approximately ₹ 19,397.33 lakhs have been confirmed, but execution of projects worth ₹ 16,952.80 lakhs is still pending. One project has been completed with an order worth around ₹ 40,667.29 lakhs, indicating a healthy order book.As of September 30, 2023, the company employed 770 people in various departments.
Pratham EPC Projects Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 240,000 | — | ₹1.80 Cr | — |
| TOTAL | 4,800,000 | 100.00% | ₹36.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| sNII (Min) | 14 | 22,400 | ₹1,680,000 |
| bNII (Min) | 68 | 108,800 | ₹8,160,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 3581.37 | 5167.29 | 5062.66 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 523.41 | 764.12 | 441.32 |
| Net Worth | 2321.26 | 1797.86 | 1033.73 |
| Total Assets | 4643.75 | 4849.75 | 2850.17 |
| Reserves & Surplus | 1025.26 | 1716.86 | 952.73 |
| Total Borrowings | 952.27 | 1418.83 | 246.26 |