Pratham EPC Projects IPO
Established in 2014, Pratham EPC Projects Limited is a leading provider of comprehensive services to the oil and gas utilities sector in India. The company specializes in delivering end-to-end solutions through integrated engineering, procurement, construction, and commissioning services. Core Competencies
Pratham EPC Projects excels in handling gas pipeline projects, encompassing key activities such as welding, testing, and commissioning. The company is particularly adept at executing oil and gas pipelines and offshore water distribution projects, demonstrating expertise in tendering and project management.
Certifications and Quality Assurance
The company holds prestigious certifications from renowned organizations, underscoring its commitment to excellence:
ISO 10002:2018 for customer satisfaction
ISO 14001:2015 for environmental management
ISO 18001:2007 for occupational health and safety
ISO 9001:2015 for quality management
Promoter Holding Details
The driving force behind Pratham EPC Projects is the vision of its promoters, Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya. Their strong commitment is reflected in the company's pre-issue shareholding of 100%, which will be adjusted to 72.97% post the IPO. Objectives of the IPO
The IPO aims to raise funds for specific purposes, as outlined below:
Meeting Working Capital Requirements: The funds generated from the IPO will be allocated to address working capital needs, ensuring smooth operational functioning.
General Corporate Purpose: A portion of the proceeds will be utilized for general corporate purposes, contributing to the overall growth and development of Pratham EPC Projects.
Pratham EPC Projects IPO Details
IPO Dates: 11 to 13 March 2024
Price Band: ₹71 to ₹75 per share
Lot Size: 1600 shares
Amount Per Lot: ₹1,20,000
Listing: NSE SME
GMP (Grey Market Premium): +70% (Provided for informational purposes)
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matters published here are purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on the information published here. Any reader making decisions based on any information published here does so entirely at their own risk. Investors should bear in mind that any investment in the stock market is subject to unpredictable market-related risks. The author has no plans to invest in this offer and also the author does not recommend investing in any offer published on this website.