Power & Instrumentation (Gujarat) Limited IPO (Power Instrumentation Gujarat IPO) Detail

Power & Instrumentation (Gujarat) Limited IPO

Power & Instrumentation (Gujarat) Limited IPO (Power Instrumentation Gujarat IPO) Details

 

Power & Instrumentation (Gujarat) Limited

Power & Instrumentation Gujarat Ltd incorporated in 1983 based in Gujarat. The company is taking contracts of services in electrical, mechanical and instrumentation enginnering. The company is doing business in private sectors and bidding in government and semi govenment projectsion. They executed Sardar Vallabhbhai Patel International Airport, Ahmedabad, Raja Bhoj Airport, Bhopal, U N Mehta Hospital, Ahmedabad, Secretariat Building, Naya Raipur, YMCA Club, Ahmedabad etc. The company has orders of other companies from Bhopal, Haryana, Goa, Nagpur, Mumbai, Ajmer, Mumbai, Jammu, Ahmedabad and more. They have private and government projects in the said cities.Power & Instrumentation (Gujarat) Ltd providing the clients with complete turnkey solutions from concept to commissioning which includes Design, procurement, installation, testing & commissioning and maintenance of the system.it has been certified by the prestigious ISO 9001-2000.

 

Power & Instrumentation (Gujarat) Limited

CLIENTS OF Power & Instrumentation (Gujarat) Limited

1. Indian Institute of Science Education and Research: Bhopal
2. National Buildings Construction Corporation Limited: Gurgaon, Haryana
3. Goa State Infrastructure Development Corporation Limited: Goa
4. Central Public Works Department-Nagpur
5. NISM Project, CPWD, New Mumbai
6. Ajmer Vidyut Vitran Nigam Ltd -Ajmer
7. MTNLworli – Mumbai
8. Airport Authority of India – Jammu Airport – Jammu
9. CPWD-NIMS Patalganga
10. Gujarat High Court – Ahmedabad – PWD
11. Airport Authority of India – Bhopal Airport
12. Airport Authority of India – Srinagar Airport
13. Naya Raipur Development Authority
14. Chennai Port Trust
15. Sardar Sarovar Narmada Nigam Limited
16. Mahanagar Telephone Nigam Limited -Prabhadevi
17. Mahanagar Telephone Nigam Limited -Cumballa
18. CPWD -Gandhinagar
19. CPWD-Calicut
20. Airport Authority of India-GOA

MANAGEMENT TEAM OF Power & Instrumentation (Gujarat) Limited

  1. Mr. Padmaraj Padmnabhan Pillai (Designation: Managing Director)
  2. Mr. Sumeet Dileep Agnihotri (Designation: Chairman and Non Executive Director)
  3. Mr. Sriram Padmanabhan Nair (Designation: Executive Director

Objectives of the Issue:

  • To Meet Working Capital Requirement.
  • General Corporate Expenses.
  • To Meet the Issue Expenses.

    Fund Utilization:

    Particulars Amount (Rs. in Crores)
    Working Capital requirements 4.45
    General Corporate Expenses 1.25
    Issue Expenses 0.45
    Net Proceeds 6.15 cr

    FINANCIAL OF Power & Instrumentation (Gujarat) Limited

    (in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 31st Dec 17
    Revenue 32.70  36.33  45.46  51.66 60.72  48.56
    Net Profit 0.87  0.95  1.07  1.22  1.56  1.40

    Power & Instrumentation Gujarat IPO Dates & Price Band:

    • IPO Open: 11 April 2018
    • IPO Close: 13 April 2018
    • IPO Size: Approx Rs 06.15 Crore
    • Face Value: Rs.10 Per Equity Share
    • Price Band: Rs.33 Per Equity Share
    • LOT SIZE 4000 
    • Listing on: NSE SME
    • Shares Offered: 1,864,000
    • Retail Portion: 50%

      IPO Market Lot:

      • Shares: Apply for 4,000 Shares (Minimum Lot Size)
      • Amount: Rs.1,32,000
      • Company Contact Info:
        Power & Instrumentation (Gujarat) Limited
        A/1, Sixth Floor,
        Safal Profitaire, Near Krishna Bunglows,
        100Ft. Road, Prahladnagar,
        Ahmedabad– 380015, Gujarat, India
        Telephone: +91 79-40051222
        Website: www.grouppower.org
      • IPO Registrar:
        Skyline Financial Services Private Ltd
        Phone: +91 – 11 – 2681
        Fax: +91 – 11 – 30857562
        Email: Mumbai@skylinerta.com
        Website: http://www.skylinerta.com
      • Lead Manager to the Issue:
        NAVIGANT CORPORATE ADVISORS LIMITED

        423, A Wing, Bonanza,
        Sahar Plaza Complex,
        J. B. Nagar, Andheri-Kurla Road,
        Andheri (East), Mumbai – 400 059
        Telephone: +91 22 4120 4837; +91 22 4973 5078
        Email: sarthak@navigantcorp.com
        Website: www.navigantcorp.com

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