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Open
11 Apr 2018
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Close
13 Apr 2018
3
Allotment
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Listing
Mon, Apr 23, 2018
Price Band
₹33 per share
Issue Size
18,64,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Apr 23, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 52.91 | 50.56 | 42.61 | 31.23 |
| Total Income | 48.56 | 60.73 | 51.66 | 45.47 |
| Profit After Tax | 1.41 | 1.57 | 1.22 | 1.07 |
| NET Worth | 13.34 | 11.95 | 10.47 | 9.17 |
| Reserves and Surplus | 12.36 | 10.97 | 9.49 | 8.19 |
| Total Borrowing | 20.93 | 23.61 | 19.83 | 13.02 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Solex Energy Ltd. | SME | ₹7.18 Cr | ₹52 | null | ₹51.20 | -1.54% | ₹983.90 (-1.12%) |
| Servotech Power Systems Ltd. | SME | ₹15.13 Cr | ₹31 | null | ₹31.85 | +2.74% | ₹99.80 (+2.95%) |
| Jigar Cables Ltd. | SME | ₹5.59 Cr | ₹30 | null | ₹36.00 | +20.00% | ₹71.95 (+7.39%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.45 |
| 2 | General Corporate Expenses | 1.25 |
About Power Instrumentation Gujarat IPO
Incorporated in 1983, Power & Instrumentation (Gujarat) Limited is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. The company has been providing the clients with complete turnkey solutions from concept to commissioning which includes Design, procurement, installation, testing & commissioning and maintenance of the system. Apart from private sector entities, the company is also involved in bidding and executing government and semi-government projects. It has executed projects for Sardar Vallabhbhai Patel International Airport, Ahmedabad, Raja Bhoj Airport, Bhopal, U N Mehta Hospital, Ahmedabad, Secretariat Building, Naya Raipur, YMCA Club, Ahmedabad etc. Currently, the company has order on-handfrom the following Clienteles:1. Indian Institute of Science Education and Research: Bhopal2. National Buildings Construction Corporation Limited: Gurgaon, Haryana3. Goa State Infrastructure Development Corporation Limited: Goa4. Central Public Works Department-Nagpur5. NISM Project, CPWD, New Mumbai6. Ajmer Vidyut Vitran Nigam Ltd -Ajmer7. MTNLworli - Mumbai8. Airport Authority of India - Jammu Airport -
Contact Details
Power & Instrumentation (Gujarat) Ltd. AddressA/1, Sixth Floor, Safal ProfitaireNear Krishna Bunglows, 100 Ft.RoadPrahladnagarAhmedabad, Gujarat, 380015+91 79-40051222priyacs@grouppower.orgVisit Website