EKI Energy Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 862,800 (47%) | — | ₹880 Cr |
| NII (HNI) | — | 260,400 (14%) | — | ₹266 Cr |
| Retail | — | 604,800 (33%) | — | ₹617 Cr |
| Market Maker | — | 96,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 1,824,000 (100%) | — | ₹18,605 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹122,400 |
| Retail (Max) | 13 | 15,600 | ₹1,591,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,713,600 |
| B-HNI (Min) | 67 | 80,400 | ₹8,200,800 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 5,996 | 6,602 | 1,988 |
| Profit After Tax | 539 | 447 | 68 |
| Total Assets | 2,186 | 1,610 | 412 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Working Capital requirements – 14.00
- 2 General Corporate Purpose – 2.79
Company Overview
Incorporated in 2011, EKI Energy Services is a well-recognized brand in the realm of "climate change, carbon credit, and sustainability solutions" across the globe. Initially, the company started its business as a climate change advisory services such as consultancy services for registration, validation, monitoring, verification, insurance, and trading of eligible Carbon Credits Projects but over the period, it has expanded its services into carbon credits trading, Business excellence advisory services & training services, and Electrical Safety Audits.
The company offers its services to various government and private sector clients in waste management, power generation, clean development mechanism, airports, and others. The firm not only serves customers domestically but also serves clients in countries like Australia, USA, Germany, Europe, etc. Airport Authority of India, World Bank, Azure Power, Kerala State Electricity Board, National Thermal Power Corporation (NTPC), GAIL, GMR Energy Limited, NHPC, Indian Railways, etc. are some of its customers.
Competitive Strengths
- Quality assurance, timely payment, and delivery.
- Strong and widespread clientele base.
- Multiple business verticals i.e. Carbon Credits Trading, Climate Change Advisory, Business Excellence Advisory, etc.
- Qualified management team.