Power Mech Projects Limited IPO (Power Mech Projects IPO) Details

Power Mech Projects Limited is an Engineering - EPC based company, located in Hyderabad, Power Mech Projects Limited IPO size was 273.22 Cr. and was issued at 640.00 per share. The share of Power Mech Projects Limited were listed at 585.75 per share and are currently trading at 2427.60 per share.

Hyderabad

Engineering - EPC

Type :

Sub Sector : Power Infrastructure Services

MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :

1361.52 Cr.

PAT :

70.71 Cr.

Pricing Report

Issue Price :

640.00

Listing Price :

585.75

Current Market Price :

2427.60

Issue Price vs CMP :

1787.6 (279.31%)

listing Price vs CMP :

1841.85 (314.44%)

Performance Report (CAGR* wise)

CAGR : 15.22

-ve 0 6 9 12+

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Power Mech Projects

Company Information

Power Mech Projects Limited is an integrated power infrastructure services provider in India, offering comprehensive services in the erection, testing, and commissioning of boilers, turbines, and generators (ETC-BTG) and balance of plant (BOP) works, civil works, and operation and maintenance (O&M) services. The company operates through three principal business lines:
Erection Works: The company is involved in the erection, testing, and commissioning of boilers, turbines, and generators, as well as BOP works for the power sector and allied industries, including petrochemicals, steel, and cement. In fiscal years 2012, 2013, 2014, and 2015, the Erection Works business accounted for substantial revenue, contributing 83.38%, 79.31%, 74.20%, and 66.62%, respectively, to the company's total revenue. The company has handled over 100 Erection Works projects (both completed and ongoing) across India and four international jurisdictions. These include two ultra-mega power projects (UMPPs) and 16 super-critical power projects with unit capacities ranging from 150 MW to 800 MW. Additionally, the company provides services to gas and combined cycle power projects, heat recovery steam generators (HRSG), waste heat recovery boilers (WHRB), circulating fluidized bed combustion (CFBC) boilers, steam turbine generators (STG), electrostatic precipitators (ESPs), hydro turbines, BOP packages, and other related infrastructure like structural steel works, ash handling, coal handling, fuel oil systems, and high-pressure piping works.
Operation & Maintenance Services: The company offers O&M services for power plants and other industrial installations, ensuring smooth operations and reducing downtime.
Civil Works: The company is involved in the execution of civil works related to infrastructure projects, particularly in the power sector.
These comprehensive services position the company as a key player in India's power infrastructure sector, catering to various industries and handling projects of diverse scales.

Object of Issue

Repayment/pre-payment/advance payment of loans
Funding working capital requirements
General corporate purposes

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Detailed Review

Power Mech Projects MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Aug, 2015

IPO Size :

273.22 Cr.

IPO Subscription :

38.12 X

PE Multiple :

13.00

Merchant Banker :
Iifl Securities Limited

IPO Registrar:
Kfin Technologies Limited

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Power Mech Projects operates in Engineering - EPC and Power Infrastructure Services. The Issue is listed on MainBoard in Aug, 2015. Power Mech Projects IPO size was 273.22 Cr. with Issue price of 640.00 .

2. Who is the merchant banker of Power Mech Projects IPO?

Merchant Banker(s) of Power Mech Projects IPO: Iifl Securities Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited

3. How many times Power Mech Projects IPO was subscribed?

Power Mech Projects IPO subscription was 38.12 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Power Mech Projects IPO?

Power Mech Projects IPO listed at a listing price of 585.75 against the offer price of 640.00.

5. What is the current market price of Power Mech Projects IPO?

The current market price of Power Mech Projects is 2427.60.

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