| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹18.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹18.60 Cr |
| Fresh Issue | ₹17.63 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน100.00-102.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543284 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2011, EKI Energy Services is a well-recognized brand in the realm of "climate change, carbon credit, and sustainability solutions" across the globe. Initially, the company started its business as a climate change advisory services such as consultancy services for registration, validation, monitoring, verification, insurance, and trading of eligible Carbon Credits Projects but over the period, it has expanded its services into carbon credits trading, Business excellence advisory services & training services, and Electrical Safety Audits.
The company offers its services to various government and private sector clients in waste management, power generation, clean development mechanism, airports, and others. The firm not only serves customers domestically but also serves clients in countries like Australia, USA, Germany, Europe, etc. Airport Authority of India, World Bank, Azure Power, Kerala State Electricity Board, National Thermal Power Corporation (NTPC), GAIL, GMR Energy Limited, NHPC, Indian Railways, etc. are some of its customers.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 14.00 |
| 2 | General Corporate Purpose | 2.79 |
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 21.86 | 16.10 | 4.12 | 2.77 |
| Total Income | 59.96 | 66.02 | 19.88 | 7.01 |
| Profit After Tax | 5.39 | 4.47 | 0.68 | 0.27 |
| EBITDA | 7.43 | 6.19 | 0.86 | 0.54 |
| NET Worth | 11.51 | 6.12 | 1.65 | 0.97 |
| Reserves and Surplus | 11.46 | 6.07 | 1.60 | 0.92 |
| Total Borrowing | 0.97 | 1.04 | 1.27 | 1.34 |
| Amount in ₹ Crore | ||||
| Metric | Pre IPO | Post IPO |
|---|---|---|
| P/E (x) | 11.51 | |
| Promoter Holding | 100% | |
| Market Cap | โน70.11 Cr. | |