Prakash Constrowell Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,173,913 (50%) | — | ₹3,000 Cr |
| NII (HNI) | — | 652,174 (15%) | — | ₹900 Cr |
| Retail | — | 1,521,739 (35%) | — | ₹2,100 Cr |
| Σ Total | — | 4,347,826 (100%) | — | ₹60,000 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 | 50 | ₹6,900 |
| Retail (Max) | 13 | 650 | ₹89,700 |
| S-HNI (Min) | 14 | 700 | ₹96,600 |
| B-HNI (Min) | 67 | 3,350 | ₹462,300 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 12,813 | 11,498 | 6,360 |
| Profit After Tax | 969 | 749 | 294 |
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 Working Capital Requirement – 35.00
- 2 Investment in Construction Equipments – 9.30
- 3 Investment in Subsidiaries – 2.35
- 4 General Corporate Purposes – 7.44
Company Overview
Incorporated in 1996, Prakash Constrowell Ltd is a construction company engaged in the business of infrastructure development and civil construction.
Company mainly operates in the three segments of construction:
1. Infrastructure development includes construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, workshops, hospitals, educational institutions;
2. Civil construction includes Government staff quarters, hostel buildings and auditoriums;
3. Residential and commercial real estate construction.
Prakash Constrowell is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. Comapny has successfully executed a range of construction projects in the state of Maharashtra. Client list includes Public Works Department, Maharashtra State, National Building Construction Corporation (NBCC), Maharashtra State Police Housing & Welfare Corporation (MSPHWC), Maharashtra State Road Transport Corporation (MSRTC), Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), Maharashtra State Power Generation Company Ltd, (MSPGCL), Indian Oil Corporation (IOC) etc