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 IPO – Details
| IPO Opening Date | 11 March 2024 |
| IPO Closing Date | 13 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 48,00,000 Shares Worth ₹36.00 Crore Fresh Issue: 48,00,000 Shares Worth ₹36.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹75 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Pratham EPC Projects IPO – Date Schedule
| IPO Open Date | 11 March 2024 |
| IPO Close Date | 13 March 2024 |
| Basis of Allotment | 14 March 2024 |
| Initiation of Refund | 15 March 2024 |
| Credit of Shares to Demat Account | 15 March 2024 |
| IPO Listing Date | 18 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 13, 2024 |
Pratham EPC Projects IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1600 | ₹1,20,000 |
| HNI (Minimum) | 2 | 3200 | ₹2,40,000 |
Competitive Strengths
- Experienced Promoter and Management Team.
- End-to-end execution capabilities.
- Optimal Utilization of Resources.
- Visible growth through a robust order book.
- Long-standing relationships with their customers.
Company Promoters
- Mr. Nayankumar Manubhai Pansuriya
- Mr. Pratikkumar Maganlal Vekariya
Object Of The Issue
- Purchase of Machinery.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 30.85 | 29.33 | 1.12 | 1.99 |
| 31 March 2022 | 50.62 | 44.73 | 4.41 | 2.46 |
| 31 March 2023 | 51.67 | 41.50 | 7.64 | 14.18 |
| 30 September 2023 | 35.81 | 28.79 | 5.23 | 9.52 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 45.10 |
| ROCE | 24.81 |
| RoNW | 22.55 |
| P/BV | 4.19 |
| PAT Margin (%) | 15.26 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.9 | 5.89 |
| P/E (x) | 12.72 | 12.72 |
Pratham EPC Projects IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.97% |
Pratham EPC Projects IPO Prospectus
Company Contact Information
| Pratham EPC Projects Limited A-1101, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G. Highway, Ahmedabad-380054 Phone: 079-40037008 Email: cs@prathamepc.com Website: https://www.prathamepc.com/ |
Pratham EPC Projects IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: prathamepc.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Pratham EPC Projects IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Pratham EPC Projects IPO FAQs
| What is Pratham EPC Projects IPO? Pratham EPC Projects IPO is a SME IPO. The issue is priced at ₹71 – ₹75 per equity share. The IPO is to be listed on NSE SME. |
| When Pratham EPC Projects IPO will open? The IPO is to open on 11 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Pratham EPC Projects IPO? You can apply Pratham EPC Projects IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Pratham EPC Projects IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pratham EPC Projects”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Pratham EPC Projects IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pratham EPC Projects”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Pratham EPC Projects IPO Size? Pratham EPC Projects IPO size is ₹36.00 crores. |
| What is Pratham EPC Projects IPO Price Band? Pratham EPC Projects IPO Price Band is ₹71 – ₹75. |
| What is Pratham EPC Projects IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000. |
| What is the Pratham EPC Projects IPO Allotment Date? Pratham EPC Projects IPO allotment date is 14 March 2024. |
| What is the Pratham EPC Projects IPO Listing Date? Pratham EPC Projects IPO listing date is 18 March 2024. The IPO is to list on NSE SME. |
