POWER MECH PROJECTS IPO is a main-board IPO of 4269000 equity shares of face value ₹10 each aggregating up to 273.22 Crores. The issue is priced at ₹615 - ₹640 per equity share. The minimum order quantity is 20 Shares.
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.
PROMOTERS OF COMPANY |
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|---|---|---|
| DIN | Name | Designation |
| 00971313 | SAJJA KISHORE BABU | Managing Director |
| 03378566 | VIVEK PARANJPE | Director |
| 00068991 | LAKSHMI SAJJA | Director |
| 07336483 | RAJIV KUMAR MOTIHARI | Director |
| 03150397 | LASYA YERRAMNENI | Director |
| 00308931 | JAYARAMA PRASAD CHALASANI | Director |
| 06964765 | RAGHAVENDRA PRASAD MOVVA | Company Secretary |
| null | GURVIKRAM SINGH | CFO |
The object of the issue are:
1. Repayment/pre-payment/advance payment of loans;
2. Funding working capital requirements;
3. General corporate purposes.
| For the year/period ended (in Lakhs) | |||||
|---|---|---|---|---|---|
| ₹31.00 | ₹31.00 | ₹31.00 | ₹31.00 | ||
| Total Income | ₹13,615.20 | ₹11,987.76 | ₹9,375.78 | ₹7,091.34 | |
| Profit After Tax (PAT) | ₹707.04 | ₹683.12 | ₹501.14 | ₹524.11 | |
| IPO IMPORTANT DATES | |
| IPO Opening Date | 7th Aug, 2015 |
| IPO Closing Date | 11th Aug, 2015 |
| Allotment Date | N/A |
| Initiation of Refunds | N/A |
| Credit to Demat Account | N/A |
| IPO Listing Date | N/A |
| IPO DETAILS | |
| Face Value | ₹10 per share |
| IPO Price | ₹615 - ₹640 per share |
| Market Lot | 20 shares |
| Min Order Quantity | 20 shares |
| Listing At | BSE, NSE |
| IPO LOT DETAILS | |||
| Application | Lots | Shares | Amount |
| Minimum | 1 | 20 | ₹12,800 |
| Maximum | 15 | 300 | ₹1,92,000 |
| IPO PROMOTER HOLDING | |||
| Pre Issue Share Holding | N/A | ||
| Post Issue Share Holding | N/A | ||
| IPO ISSUE DETAILS | |||
| Issue Size | 4,269,000 Eq Shares of ₹10 ( aggregating up to 273.22 Cr ) |
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| IPO DETAILS | |||
| Listing Date | N/A | ||
| BSE Script Code | 539302 | ||
| NSE Symbol | POWERMECH | ||
| Listing In | B Group of Securities | ||
| ISIN | INE211R01019 | ||
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| 7th Aug, 2015 | 0.00 x | 0.01 x | 0.13 x | 0.07 x |
| 10th Aug, 2015 | 0.12 x | 0.16 x | 0.77 x | 0.45 x |
| 11th Aug, 2015 | 27.53 x | 133.22 x | 3.42 x | 38.12 x | Shares Offered | 853,800 | 640,350 | 1,494,150 | 2,988,300 |
| cs@powermech.net | |
| Address | Plot No.77, Jublee Enclave, Opp:hitex, Madhapur., Hyderabad, Telangana, India, 500081 |
| Website | www.powermechprojects.in |
| Contact | 914030444444 |
Disclaimer : This information is best of our knowledge. Some information may or may not be fully accurate