Pratham EPC Projects IPO opens today: Check price band, GMP, other key details

Pratham EPC Projects IPO: Through the IPO, the company plans to raise ₹36 crore. Details below

Published on: Mar 11, 2024, 07:18:22 IST

By HT News Desk

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Pratham EPC Projects IPO: Pratham EPC Projects initial public offering (IPO) will open today (March 11) for subscription. The SME IPO will close on March 14. The company has fixed the price band of the IPO at ₹71 to ₹75 per share. Through the IPO, the company plans to raise ₹36 crore. The IPO is an entirely fresh issue of 48 lakh equity shares and the lot size is 1,600 shares. Minimum investment amount required by retail investors is ₹120,000.

Pratham EPC Projects IPO: The IPO for Pratham EPC Projects opens on March 11. Check all details below

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Pratham EPC Projects IPO company details: The company is an end-to-end services provider to oil and gas utilities in India. It specialises in integrated engineering, procurement, construction, and commissioning and the promoters of the company are Nayankumar Pansuriya and Pratikkumar Vekariya.

In the financial year ending March 2023, the net profit of the company spiked to ₹7.64 crore from ₹4.41 crore in the previous year.

Pratham EPC Projects IPO GMP today: Pratham EPC Projects IPO grey market premium today is ₹35 per share which implies that equity shares of Pratham EPC Projects were trading at a premium of 46.67%.

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HT News Desk
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Pratham EPC Projects IPO opens today: Check price band, GMP, other key details

Pratham EPC Projects IPO: Through the IPO, the company plans to raise ₹36 crore. Details below

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