58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Pratham EPC Projects Limited IPO (Pratham EPC Projects IPO) Detail

Pratham EPC Projects IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Engineering - EPC sector. Beeline Capital Advisors Private is the merchant banker of Pratham EPC Projects IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.

Pratham EPC Projects IPO open date is 11th March 2024 and close date is 13th March 2024. IPO Allotment Date is 14th March 2024 and Listing date is 18th March 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Pratham EPC Projects IPO Date

Date of DRHP:
30th September 2023
IPO Allotment Date:
14th March 2024
IPO Open Date:
11th March 2024
Initiation of Refund:
15th March 2024
IPO Closing Date:
13th March 2024
IPO Listing Date:
18th March 2024

Pratham EPC IPO Info, Size, Subscription

Pratham EPC Projects IPO size is Rs 36.00 Cr. crores with IPO price of Rs 75.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 36.00 Cr.

Issue Price:
₹ 75.00

Market Capitalisation :
₹ 133.20 Cr.

PE multiple :
12.72

Subscription :
178.54 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
72.97%

Pratham EPC Projects IPO Information

Sub Sector : gas pipeline infrastructure related service
Pratham EPC Projects is an integrated engineering, procurement, construction and commissioning company being in business of end-to end service providers to Oil & Gas distribution companies in India. Founded by visionary Promoters Mr. Pratikkumar Maganlal Vekariya and Mr. Nayankumar Manubhai Pansuriya having combined experience of over 30 years in engineering industry. Both their promoters are Mechanical Engineers. Mr. Pratikkumar Maganlal Vekariya, in past, has worked in reputed construction companies namely Jai-Hind Projects Limited, Punj Lloyd Limited and NCC Limited. Mr. Nayankumar Manubhai Pansuriya, in past, has worked with NCC Limited. The company has been executing various gas pipeline project handling all pipeline activities like, mainline welding, tie-in, coating, hydro testing, pipeline commissioning etc. Pratham specialize in oil & gas pipelines for cross country distribution and
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Object of Issue (Pratham EPC IPO Objectives)

  • Purchase of Machinery
  • To Meet Working Capital Requirements
  • General Corporate Purpose

Beeline Capital Advisors Private Limited is the book-running lead manager of the Pratham EPC Projects IPO. Link Intime India Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Pratham EPC Projects IPO.

Pratham EPC IPO Market Maker

Spread X Securities Private Limited

Pratham EPC IPO Registrar (RTA)

Link Intime India Private Limited

Pratham EPC IPO Lead Manager (BRLM)

Beeline Capital Advisors Private Limited

Pratham EPC Projects IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in Pratham EPC IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Nav Capital Vcc 267,200.00 ₹75.00 ₹20,040,000.00
Saint Capital Fund 134,400.00 ₹75.00 ₹10,080,000.00
LC Radiance Fund 161,600.00 ₹75.00 ₹12,120,000.00
Zinnia Global Fund 267,200.00 ₹75.00 ₹20,040,000.00
Minerva Emerging Opportunities 134,400.00 ₹75.00 ₹10,080,000.00
Craft Emerging Market 267,200.00 ₹75.00 ₹20,040,000.00
Kingsman Wealth Fund 134,400.00 ₹75.00 ₹10,080,000.00

Pratham EPC Projects IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Pratham EPC Projects IPO?

Pratham EPC Projects IPO, based in Ahmedabad, operates in the   Engineering - EPC sector with a focus on gas pipeline infrastructure related service. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Pratham EPC Projects IPO size is ₹ 36.00 Cr. Crores with fresh issue size of Rs 36.00 Cr. Crores and Offer for sale being Nil.

When is Pratham EPC IPO allotment?

The IPO allotment date for Pratham EPC Projects IPO is expected to be 14th March 2024, after the finalization of basis of allotment. Investors can check Pratham EPC Projects IPO allotment status on the registrars website, Link Intime India Private Limited. Pratham EPC Projects IPO refund dates are 15th March 2024.

When is Pratham EPC Projects IPO listing date?

Pratham EPC Projects IPO is expected to be listed on 18th March 2024.

What is the price band for Pratham EPC IPO?

The upper price band for the Pratham EPC Projects IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Pratham EPC Projects IPO Review?

For IPO analysis on Pratham EPC Projects IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Pratham EPC Projects IPO?

To apply for the Pratham EPC Projects IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th March 2024. After submission, funds are blocked until the basis of allotment of Pratham EPC Projects IPO is finalised.

Who is the merchant banker of Pratham EPC IPO?

The merchant banker for Pratham EPC Projects IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Pratham EPC Projects IPO RHP for further details.

Who is the Registrar of Pratham EPC Projects IPO?

The registrar for Pratham EPC Projects IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Pratham EPC Projects IPO through their official website or helpline.

What is the Pratham EPC Projects IPO subscription?

Pratham EPC Projects IPO was subscribed 178.54 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 36.00 Cr. Avg IPO Size (Sector Based) : ₹ 31.62 Cr.
  • Sector: Engineering - EPC SME IPO so far: 20
  • Merchant Banker: Beeline Capital SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 68.60 cr.
            PAT: (annualised): ₹ 10.46 cr.
  • PE Ratio: 12.72x Average Sector PE Ratio: 13.10x
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FAQs

Pratham EPC Projects IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Pratham EPC Projects Financial Review Page

Pratham EPC Projects IPO subscription was 178.54 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.

Pratham EPC Projects IPO listed at a listing price of 118.95 against the offer price of 75.00.

The current market price of Pratham EPC Projects is 179.45.

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