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Open
6 Feb 2018
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Close
8 Feb 2018
3
Allotment
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Listing
Mon, Feb 19, 2018
Price Band
₹76 to ₹78
Issue Size
45,96,800 shares (agg. up to ₹36 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Feb 19, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.83x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 118.59 | 106.65 | 82.74 | 79.01 |
| Total Income | 36.44 | 72.74 | 84.93 | 63.41 |
| Profit After Tax | 3.25 | 6.01 | 3.86 | 2.91 |
| NET Worth | 32.64 | 29.39 | 23.39 | 19.52 |
| Reserves and Surplus | 23.34 | 24.74 | 18.74 | 14.87 |
| Total Borrowing | 63.01 | 54.90 | 37.07 | 34.53 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rithwik Facility Management Services Ltd. | SME | ₹4.05 Cr | ₹50 | null | ₹45.45 | -9.10% | ₹156.00 (+0.65%) |
| ANI Integrated Services Ltd. | SME | ₹25.66 Cr | ₹100 | null | ₹120.00 | +20.00% | ₹56.70 (+5.00%) |
| SecUR Credentials Ltd. | SME | ₹30.07 Cr | ₹205 | null | ₹198.60 | -3.12% | ₹3.40 (-4.68%) |
| Kaarya Facilities & Services Ltd. | SME | ₹6.40 Cr | ₹40 | null | ₹48.00 | +20.00% | ₹14.54 (-4.97%) |
| Aarvi Encon Ltd. | SME | ₹21.24 Cr | ₹54 | null | ₹54.50 | +0.93% | ₹148.87 (-3.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ Prepayment of certain Secured Borrowings availed by the company | 7.51 |
| 2 | Repayment/ Prepayment of certain Unsecured Borrowings availed by the company | 6.50 |
| 3 | Purchase of Machinery | 0.19 |
| 4 | Funding the working capital requirements of the Company | 14.25 |
| 5 | General Corporate Purposes | 4.73 |
About South West Pinnacle Exploration IPO
Incorporated in 2006, South West Pinnacle Exploration Limited is a Gurgaon, Haryana based company engaged in the business of providing drilling, exploration and allied services to coal, ferrous, non ferrous, atomic and base metal mining industries and water & unconventional energy industries. Company also provides consultancy for geological field services and allied services. Company has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys.Company is also into aquifer mapping for Hydro-geological organisations in India for determining the quantity and quality of groundwater in a particular area, viz., water level, productivity and concentration of various chemicals in groundwater. This helps in identifying zones for groundwater development, groundwater recharge, rainwater harvesting etc.Company has 37 operational rigs. Company drill upto a depth of 2500 meters and has completed more than 950,000 meters of drilling including 60 CBM exploratory and 166 CBM production wells for both Government and Private Sectors.+ Read More
Contact Details
South West Pinnacle Exploration Ltd. AddressSiddhartha House4th Floor, Plot No.6Sector 44Gurugram, Haryana, 122003+91 124 4235400investors@southwestpinnacle.comVisit Website