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Power Mech Projects Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹640
Per Share
GMP
NIL
Grey Market
Est. Listing
₹640
Expected Price
Min. Application
₹25,600
2 lots × 20 shares
IPO Issue Details
Issue Price / Price Band₹640 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size20 Shares per Lot
Total Issue Size42,69,000 shares (aggregating up to ₹273.22 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 07 Aug 2015
Subscription CloseTue, 11 Aug 2015
Anchor AllotmentThu, 06 Aug 2015
Basis of AllotmentMon, 17 Aug 2015
Initiation of RefundsTue, 18 Aug 2015
Credit of Shares to DematTue, 18 Aug 2015
Listing DateWed, 26 Aug 2015
UPI Mandate Deadline2015-08-11
Application & Investment Details
Retail — Min (1 Lots)₹12,800 — 20 shares
Retail — Max (13 Lots)₹166,400 (13 Lots)
HNI — Min (16 Lots)₹2,04,800 — 320 shares
Pre-IPO Promoter Holding1,25,82,764 shares
Post-IPO Promoter Holding1,47,10,764 shares
Fresh Issue Shares21,28,000 shares (aggregating up to ₹136.19 Cr)
Offer for Sale Shares21,41,000 shares of ₹10 (aggregating up to ₹137.02 Cr)
About Power Mech Projects Ltd.

Incorporated in 2007, Power Mech Projects Ltd is one of the leading integrated power infrastructure services companies in India providing comprehensive 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.Company's operations include three principal business lines:1. Erection Works;2. Operation & Maintenance (O&M) Services; and3. Civil Works.They have established a track record of successfully executing ETC-BTG and BOP contracts for large power projects including for 800 MW unit capacity super-critical projects. They have been engaged on ETC-BTG projects for the first two ultra-mega power projects (UMPPs) in India as well as for 16 super-critical power projects in India. They were also one of the first companies in India to carry out the overhauling of a super-critical 660 MW turbine and providing AMC services for an ultra-mega power project (UMPP).They have worked on various projects for Bharat Heavy Electricals Ltd, NTPC Ltd, Doosan Power Systems India Private Ltd, Adani Power Ltd, Larsen & Toubro Ltd-Thermal Power Plant Construction BU, Thermal Powertech Corporation India Ltd, GE Power Services (India) Private Ltd, CLP India Private Ltd, BGR Energy Systems Ltd, Siemens Ltd, Jindal India Thermal Power Ltd and Reliance Infrastructure Ltd.

Objects of the Issue

Power Mech Projects Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Funding working capital requirements of the Company
105.00
2
2 General Corporate Purposes
21.64
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,25,82,764 shares
Post-IPO Promoter Holding 1,47,10,764 shares
Check AllotmentCheck Status →
Power Mech Projects Ltd. — Live Price LIVE
₹640.00
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Issue ₹640.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹640
GMPNIL
Est. Listing₹640
Lot Size20 shares
Min Amount₹25,600
Listing Date26 Aug 2015
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹640
Listing Date26 Aug 2015
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 4,269,000 100.00% ₹273.22 Cr
* Based on ₹640.00 (upper price band)
Lot Size & Investment Details
Lot Size
20
Shares
Issue Price
₹640.00
Per Share
Min Investment
₹12,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 20 ₹12,800
Retail (Max) 1 20 ₹12,800
sNII (Min) 16 320 ₹204,800
bNII (Min) 79 1,580 ₹1,011,200
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 1531 Mar 1431 Mar 13
Revenue from Operations 1361.52 1198.78 937.58
EBITDA N/A N/A N/A
Profit After Tax (PAT) 70.70 68.31 50.11
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹640
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Power Mech Projects Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No 77 Jubilee Enclave, Opp Hitex Madhapur, Hyderabad - 500081, Telangana Hyderabad, Telangana
Book Running Lead Managers
IIFL Capital Services Ltd.
Book Running Lead Manager (BRLM)
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)
Motilal Oswal Investment Advisors Ltd.
Book Running Lead Manager (BRLM)