Based in Ahmedabad, Pratham EPC Projects Limited is an integrated engineering, procurement, construction, and commissioning company in the business of end-to-end service providers to Oil & Gas distribution companies in India. The company has been executing various gas pipeline projects handling all pipeline activities like mainline welding, tie-in, coating, hydro testing, pipeline commissioning, etc. Pratham specializes in oil & gas pipelines for cross-country distribution and city gas distribution. It also undertakes offshore projects for water distribution specifically project bidding & project management.
They are an Oil & Gas pipeline infrastructure service provider in India, focused on laying pipeline networks along with construction of associated facilities; and providing Operations & Maintenance services to the City Gas Distribution (“CGD”) Companies in India. They are an integrated EPC company offering a diversified range of pipeline and allied services for the oil & gas industry. They provide our services for cross-country pipeline projects for different applications viz. Oil, gas & water, etc., and also undertake Pipeline laying work on a Trunkey basis including engineering, procurement, pipeline construction for city gas distribution, horizontal direction drilling, and stations including civil, electromechanical, and instrumentation for their clients.
Over the years, they have successfully executed more than 12 projects with their major completed projects quantifying to approximately ₹ 13,184.10 Lakhs. Their execution capabilities have grown significantly with time, both in terms of the size of projects that they bid for and execute, and the number of projects that they execute simultaneously. As of March 31, 2023, they have 6 major ongoing projects out of which 5 projects worth approximately ₹ 19,397.33 Lakhs have been confirmed based on a Letter of Allocation / Purchase Order for which ₹ 16,952.80 Lakhs worth project execution is pending and 1 project has been finalized with Purchase Order, which is worth approximately ₹ 40,667.29 Lakhs, based on management estimates, suggesting their strong order book. The Company has demonstrated a prominent presence in the execution of pipeline projects and has developed significant expertise and competencies in this field. The Company aims to leverage its strength and continue expansion into the sector which will put the Company on to desired growth trajectory.
Objects of the Issue:
- Purchase of Machinery.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Pratham EPC IPO Review
- May Apply
Pratham EPC IPO Date & Price Band Details
| IPO Open: | March 11, 2024 |
| IPO Close: | March 13, 2024 |
| IPO Size: | Approx ₹36 Crores, 4,800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹71 to ₹75 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Pratham EPC IPO Market Lot
The Pratham EPC IPO minimum market lot is 1600 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹120,000 |
| Retail Maximum | 1 | 1600 | ₹120,000 |
| S-HNI Minimum | 2 | 3200 | ₹240,000 |
Pratham EPC IPO Dates
The Pratham EPC IPO date is March 11 and the IPO close date is March 13. The IPO allotment date is March 14 and the IPO might list on March 18.
| IPO Open Date: | March 11, 2024 |
| IPO Close Date: | March 13, 2024 |
| Basis of Allotment: | March 14, 2024 |
| Refunds: | March 15, 2024 |
| Credit to Demat Account: | March 15, 2024 |
| IPO Listing Date: | March 18, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Pratham EPC IPO Form
How to apply Pratham EPC IPO? You can apply Pratham EPC IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pratham EPC IPO in the Invest section. The other option you can apply Pratham EPC IPO via IPO forms download via the NSE website. Check out the Pratham EPC forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Pratham EPC Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹30.85 | ₹29.34 | ₹1.13 |
| 2022 | ₹50.63 | ₹44.73 | ₹4.41 |
| 2023 | ₹51.67 | ₹4150 | ₹7.64 |
| 2023 6M | ₹35.81 | ₹28.80 | ₹5.23 |
Pratham EPC IPO Valuation – FY2023
Check Pratham EPC IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹5.90 per Equity Share |
| Price/Earning P/E Ratio: | 5.90 |
| Return on Net Worth (RoNW): | 42.50% |
| Net Asset Value (NAV): | ₹13.87 per Equity Share |
Peer Group
- Likhitha Infrastructure Limited
Company Promoters
- Mr. Nayankumar Manubhai Pansuriya
- Mr. Pratikkumar Maganlal Vekariya
Pratham EPC IPO Registrar
Link Intime India Pvt Ltd
Telephone: +91 22 4918 6200
Email: [email protected]
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html
Pratham EPC IPO Allotment Status
Check Pratham EPC IPO allotment status on Link Intime website URL. Click Here
Pratham EPC IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt. Ltd
Company Address
Pratham EPC Projects Limited
A-1101, Sankalp Iconic, Opp. Vikram Nagar,
Iscon Temple Cross Road, S.G. Highway,
Ahmedabad, Gujarat -380054
Phone: 079-4003 7008
E-mail: [email protected]
Website: www.prathamepc.com
