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Open
3 May 2006
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Close
9 May 2006
3
Allotment
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Listing
Wed, May 24, 2006
Price Band
₹400 to ₹440
Issue Size
96,59,090 shares (agg. up to ₹425 Cr)
Listing Date
Wed, May 24, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 29.03x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 819.83 | 591.02 | 532.28 |
| Total Income | 798.91 | 783.73 | 576.47 |
| NET Worth | 141.77 | 111.02 | 82.20 |
| Reserves and Surplus | 136.91 | 108.59 | 79.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| D.S.Kulkarni Developers Ltd. | Mainboard | ₹151.28 Cr | ₹275 | 82.88 | ₹328.45 | +19.44% | (+0.00%) |
| Tantia Constructions Ltd. | Mainboard | ₹47.77 Cr | ₹5000 | 11.54 | ₹220.00 | -95.60% | ₹10.81 (-4.05%) |
| B.L.Kashyap & Sons Ltd. | Mainboard | ₹200.02 Cr | ₹685 | 41.38 | ₹973.30 | +42.09% | ₹59.19 (-2.61%) |
| Sadbhav Engineering Ltd. | Mainboard | ₹53.65 Cr | ₹185 | 20.03 | ₹320.65 | +73.32% | ₹8.15 (-0.73%) |
| GVK Power & Infrastructure Ltd. | Mainboard | ₹256.54 Cr | ₹310 | null | ₹315.85 | +1.89% | ₹2.48 (-1.58%) |
| Punj Lloyd Ltd. | Mainboard | ₹642.11 Cr | ₹700 | 30.67 | ₹1,057.80 | +51.11% | (+0.00%) |
| PBA Infrastructure Ltd. | Mainboard | ₹30.01 Cr | ₹60 | null | ₹68.45 | +14.08% | ₹12.73 (+1.03%) |
| Era Constructions (India) Ltd. | Mainboard | ₹49.20 Cr | ₹72 | null | ₹79.10 | +9.86% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Capital Equipment | 70.00 |
| 2 | Repayment of Contractee Advances/ Debt | 80.00 |
| 3 | Investments in infrastructure projects, subsidiaries acquisition and joint ventures | 150.00 |
| 4 | General Corporate Purposes | 100.00 |
| Total | 400.00 |
About Patel Engineering FPO
Patel Engineering Ltd is engaged in civil engineering and construction company. The company's core competency lies in the construction of civil structures, such as dams, powerhouse, surge chambers, intake structures, head race tunnel, etc. for hydro–power projects. The company focus in transportation includes roads, bridges, railway or road tunnel contracts both in India and overseas. Operations: Hydro power projects, including dams, tunnels, power-houses, barrages etc Irrigation and water supply projects including dams, weirs and pump house Transportation projects, including roads, railways, bridges and tunnels As at December 31, 2005, the company employed 1,087 full-time employees. Competitive Strengths: Key player with significant experience and strong track record in the civil construction of infrastructure projects. Well positioned to take advantage on the Government’s focus on hydro-power and irrigation. Good Customer Base Qualified and experienced employee base and proven management team + Read More
Contact Details
Patel Engineering Ltd. AddressPatel Estate RoadJogeshwari (West)Mumbai, Maharashtra, 40010291 22 2678 2916patelfpo@pateleng.comVisit Website