| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹36.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹36.00 Cr |
| Fresh Issue | ₹34.20 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ71.00-75.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | PRATHAM |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List | |
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: 1,600 shares and in multiples thereof
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 βΉ 13,184.10 lakhs. As of March 31st, 2023, the company has six major projects. Five of them worth approximately βΉ 19,397.33 lakhs have been confirmed, but execution of projects worth βΉ 16,952.80 lakhs is still pending. One project has been completed with an order worth around βΉ 40,667.29 lakhs, indicating a healthy order book.
As of September 30, 2023, the company employed 770 people in various departments.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Purchase of Machinery | 8.84 |
| 2 | To Meet Working Capital Requirements | 15.15 |
| 3 | General Corporate Purpose | 8.82 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 46.44 | 48.50 | 28.50 | 20.42 |
| Total Income | 35.81 | 51.67 | 50.63 | 30.85 |
| Profit After Tax | 5.23 | 7.64 | 4.41 | 1.13 |
| NET Worth | 23.21 | 17.98 | 10.34 | 5.92 |
| Reserves and Surplus | 10.25 | 17.17 | 9.53 | 5.11 |
| Total Borrowing | 9.52 | 14.19 | 2.46 | 1.99 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 45.10% |
| ROCE | 24.81% |
| RoNW | 22.55% |
| PAT Margin | 15.26% |
| Price to Book Value | 4.19 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 5.90 | 5.89 |
| P/E (x) | 12.72 | 12.72 |
| Promoter Holding | 100.00% | 72.97% |
| Market Cap | βΉ133.20 Cr. | |
| # | Issue Expenses | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees | 0.25 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees payable to Legal Advisor | 0.02 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.10 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.07 |
| 6 | Fees payable to Peer Review Auditor | 0.01 |
| 7 | Fees Payable to Market Maker (for Two Years) | 0.12 |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | 2.52 |
| 9 | Escrow Bank Fees | 0.10 |