Pratham EPC Projects Limited IPO : Important Updates

Pratham EPC Projects Limited IPO is set to launch on 11 March, 2024. The company initiated its business operations in the year 2014. It is involved in the business of end-to-end services to oil and gas utilities in India. The company specialises into procurement, integrated engineering, construction and commissioning. It takes into account the gas pipeline projects including testing, welding and commissioning. The company is an expert in oil and gas pipelines and offshore water distribution projects and it also takes into account tendering and management. It has successfully completed more than 12 projects and has an employee base of 770 people.

Pratham EPC Projects Limited IPO DETAILS

Pratham EPC Projects Limited IPO is set to launch on 11 March, 2024. The subscription timeline extends till 13 March, 2024. The size for the IPO is 36 Crore Rs. Shares issued through fresh issue mode are worth Rs 36 Crore. No shares are issued through offer for sale mode. The lot size is 1600 shares and the price is 71 Rs to 75 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is Link Intime India Private Limited.

Tabular Description of Pratham EPC Projects Limited IPO

IPO OPENING DATE	11 March, 2024
CLOSING DATE FOR IPO	13 March, 2024
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	71 Rs to 75 Rs per share
LOT SIZE	1600 shares
MINIMUM ORDER QUANTITY	1600 shares
ISSUE SIZE	36 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	36 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	18 March, 2023

Pratham EPC Projects Limited IPO: IMPORTANT DATES

IPO OPENING DATE	11 March, 2024
CLOSING DATE FOR IPO	13 March, 2024
IPO ALLOTMENT DATE	14 March, 2024
REFUNDS	15 March, 2024
DEMAT A/C CREDITED ON	15 March, 2024
IPO LISTING DATE	18 March, 2024

Pratham EPC Projects Limited IPO begins for subscription from 11 March, 2024. The IPO subscription would continue till 13 March, 2024. The allotment status for the shareholders who applied would come on 14 March, 2024. The refunds for the ones who did not get allotment would be initiated on 15 March, 2024. The DEMAT accounts of shareholders would be credited on 15 March, 2024. The listing of the company would be completed on 18 March, 2024.

Pratham EPC Projects Limited IPO: Lead Managers

The lead managers are :

• Beeline Capital Advisors Private Limited

The minimum lot size for the company is decided at 1600 shares. This holding accounts to 120000 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 240000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	1600 shares	120000 Rs.
Maximum	3200 shares	240000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
Asset	2041	2850	4849
Revenue	3085	5062	5167
PAT	112	441	764

Pratham EPC Projects Limited had an asset base of 2041 Lakh Rs in the year 2021 which increased to 2850 Lakh Rs in 2022. The asset base of the company in the year 2023 was 4849 Lakh Rs. The revenue of the firm was 3085 Lakh Rs in 2021 which increased to 5061 Lakh Rs in 2022 and 5167 Lakh Rs in 2023. Profit of the firm was 112 Lakh Rs in 2021. The profit of the firm increased to 441 Lakh Rs in 2022. The profit of the firm was 764 Lakh Rs in the year 2023.

PROS

• The company specialises into procurement, integrated engineering, construction and commissioning.
• It takes into account the gas pipeline projects including testing, welding and commissioning.
• The company is an expert in oil and gas pipelines and offshore water distribution projects and it also takes into account tendering and management.
• It has successfully completed more than 12 projects and has an employee base of 770 people.

Pratham EPC Projects Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Pratham EPC Projects Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.