Pratham EPC Projects IPO: Price Band ₹ 71 to ₹ 75 per share, know complete details
Pratham EPC Projects IPO: The IPO of Pratham EPC Projects will open on 11 March and close on 13 March. Today in this article we will learn about Pratham EPC Projects IPO GMP, price band, Lot Size, allotment, Listing, etc.
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Pratham EPC Projects IPO Details
Pratham EPC Projects IPO: If you are considering venturing into the world of IPOs, here is some useful news for you. Pratham EPC Projects is set to share its journey on the stock exchange starting from Monday, March 11, 2024, to Wednesday, March 13, 2024. It’s like an invitation to be a part of something new and exciting!
| IPO Date | March 11, 2024 to March 13, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,800,000 shares |
| Fresh Issue | 4,800,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,960,000 |
| Share holding post issue | 17,760,000 |
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Pratham EPC Projects IPO price
Pratham EPC Projects IPO: The latest story is Pratham EPC Projects IPO, which aims to raise Rs 36 crore through a book-built issue. They are offering 48 lakh new shares at a price range of ₹ 71 to ₹ 75 per share. This is their way of sharing their journey, and you might want to be a part of it!
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Pratham EPC Projects IPO Lot Size
In the first Pratham EPC Projects IPO, you can invest a minimum of Rs 120,000, which is targeted at retail investors. Each lot contains 1600 shares, and you can bid for more in pieces of 1600. It’s like tailoring the investing experience just for you!
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
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Pratham EPC Projects IPO Allotment
Before giving details about Pratham EPC Projects IPO, we also shared information about Shree Karni Fabcom IPO which you might be interested in. Now, for the first EPC Projects IPO allotment, you will get your shares only if you join on March 14, 2024. And hey, if things don’t work out, no worries – refunds will be settled by March 15, 2024. It’s all about keeping you informed!
| Event | Date |
|---|---|
| IPO Open Date | Monday, March 11, 2024 |
| IPO Close Date | Wednesday, March 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 13, 2024 |
| Basis of Allotment | Thursday, March 14, 2024 |
| Initiation of Refunds | Friday, March 15, 2024 |
| Credit of Shares to Demat | Friday, March 15, 2024 |
| Listing Date | Monday, March 18, 2024 |
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Pratham EPC Projects IPO Listing
Once the IPO is over, get ready for an exciting chapter – shares of Pratham EPC Projects will reach NSE, BSE listing on March 18, 2024. They have set aside 50% for big players, 35% for regular people like you and me, and 15% for other investors. What else? The face value of each share is a solid ₹10. It’s like a new story coming out in the market!
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
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Company Promoter
Meet the brains behind the curtain: Company promoters Mr. Nayankumar Mannubhai Pansuriya and Mr. Preetakumar Maganlal Vekaria. Their current 100% stake will transfer to 72.97% post-IPO, as they embark on this journey with you!
Pratham EPC Projects are the experts joining hands for the IPO journey – Beeline Capital Advisors Pvt Ltd, handling the ship, and Link Intime India Pvt Ltd, paperwork master. Also included in the mix is market maker, Separate X Securities, which is bringing its expertise to make it all possible. It’s like a teamwork symphony.
__________Company Promoter
Pratham EPC Projects IPO GMP
Exciting news from Investor Gain Report – Today, Pratham EPC Projects shines in the gray market with a premium of Rs 88. If things go well, the IPO listing could reach Rs 163, giving investors exciting gains of over 117%. First day. It’s like getting a glimpse of success right from the start.
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More about Pratham EPC Projects Ltd
Pratham EPC Projects Ltd. began its journey in 2014 to become your go-to team for all things Oil & Gas in India. They are not just experts in engineering, procurement, construction, and commissioning – they are your partners in realizing gas pipeline projects. Think of them as the doers behind the scenes who make things work smoothly in the world of oil and gas utilities.
The funds raised from the IPO will be put to good use – purchasing machinery, covering everyday expenses, and achieving the overall goals of the company. It’s like giving the company a boost to keep things running smoothly.
Disclaimer
We are not financial advisors, but here’s a friendly tip: The information provided here is not investment advice. If you’re thinking about getting into the stock market, it’s always a good idea to talk to your financial advisor first. They’ve got your help!
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