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Power Mech Projects Ltd.

Power Mech Projects Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹640
₹640
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹640
Based on GMP
Min. Investment
₹12,800
1 lot × 20 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Aug 2015
Close Date
11 Aug 2015
Allotment
17 Aug 2015
Listing Date
26 Aug 2015
Exchange
NSE & BSE
Price Band
₹640
Listing Price
See chart
Allotment Status
Price Band
₹640
Per share
Face Value
₹10 per share
 
Lot Size
20 Shares
per lot
Issue Size
42,69,000 shares (aggregating up to ₹273.22 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹12,800
1 lot
Pre-IPO Holding
1,25,82,764 shares
Promoters
Post-IPO Holding
1,47,10,764 shares
Promoters
UPI Deadline
2015-08-11
Mandate
Anchor AllotmentThu, 06 Aug 2015
Basis of AllotmentMon, 17 Aug 2015
Refund InitiationTue, 18 Aug 2015
Demat CreditTue, 18 Aug 2015
Listing DayWed, 26 Aug 2015
UPI Mandate Deadline2015-08-11
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares21,28,000 shares (aggregating up to ₹136.19 Cr)
Offer for Sale21,41,000 shares of ₹10 (aggregating up to ₹137.02 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Power Mech Projects Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Aug 2015.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,269,000
100% ₹273.22
IPO Shares Offered
Power Mech Projects Ltd. IPO total issue size: ₹273.22 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 4,269,000 ₹273.22
100.00%
* Based on upper price band ₹640 per share
Lot Size & Investment
Lot Size
20
Shares per Lot
Issue Price
₹640.00
Upper Band
Min Investment
₹12,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)240₹25,600
Retail (Max — 15 Lots)15300₹192,000
S-HNI (Min — 16 Lots)16320₹204,800
B-HNI (Min — 79 Lots)791,580₹1,011,200
* Issue Price ₹640 × Lot Size 20 shares
IPO Schedule
Anchor
06 Aug 2015
✓ Done
IPO Open
07 Aug 2015
✓ Done
IPO Close
11 Aug 2015
✓ Done
Allotment
17 Aug 2015
✓ Done
Refunds
18 Aug 2015
✓ Done
Demat Credit
18 Aug 2015
✓ Done
Listing Day
26 Aug 2015
✓ Done
Power Mech Projects Ltd. — Live Price LIVE
₹640.00
INR · BSE
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Issue ₹640.00 Live Price
About Power Mech Projects Ltd.
Incorporated in 2007, Power Mech Projects Ltd is one of the leading integrated power infrastructure services companies in India providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services.Company's operations include three principal business lines:1. Erection Works;2. Operation & Maintenance (O&M) Services; and3. Civil Works.They have established a track record of successfully executing ETC-BTG and BOP contracts for large power projects including for 800 MW unit capacity super-critical projects. They have been engaged on ETC-BTG projects for the first two ultra-mega power projects (UMPPs) in India as well as for 16 super-critical power projects in India. They were also one of the first companies in India to carry out the overhauling of a super-critical 660 MW turbine and providing AMC services for an ultra-mega power project (UMPP).They have worked on various projects for Bharat Heavy Electricals Ltd, NTPC Ltd, Doosan Power Systems India Private Ltd, Adani Power Ltd, Larsen & Toubro Ltd-Thermal Power Plant Construction BU, Thermal Powertech Corporation India Ltd, GE Power Services (India) Private Ltd, CLP India Private Ltd, BGR Energy Systems Ltd, Siemens Ltd, Jindal India Thermal Power Ltd and Reliance Infrastructure Ltd.
Objects of the Issue
1
1 Funding working capital requirements of the Company
2
2 General Corporate Purposes
Power Mech Projects Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹937.6
31 Mar 13
₹1,198.8
31 Mar 14
₹1,361.5
31 Mar 15
Profit After Tax (PAT)
₹50.1
31 Mar 13
₹68.3
31 Mar 14
₹70.7
31 Mar 15
Particulars31 Mar 1531 Mar 1431 Mar 13
Revenue from Operations 1361.52 1198.78 937.58
EBITDA N/A N/A N/A
Profit After Tax (PAT) 70.70 68.31 50.11
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered42,69,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,25,82,764 shares
Post-Issue Promoter Holding1,47,10,764 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IIFL Capital Services Ltd.
Kotak Mahindra Capital Co.Ltd.
Motilal Oswal Investment Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Power Mech Projects Ltd. IPO subscribed?

Power Mech Projects Ltd. IPO is subscribed 1.00 times by Aug 11, 2015. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Power Mech Projects Ltd. IPO retail subscription status?

The Power Mech Projects Ltd. IPO retail category is subscribed 1.00 times as of 11 Aug 2015. The retail portion is oversubscribed.

How to subscribe Power Mech Projects Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Aug 2015 and closes 11 Aug 2015. Min investment: ₹12,800 (1 lot = 20 shares). UPI mandate: 2015-08-11.

How many times Power Mech Projects Ltd. IPO subscribed?

The Power Mech Projects Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Power Mech Projects Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Aug 2015. Refunds: on 18 Aug 2015.

When Power Mech Projects Ltd. IPO will be listed?

The Power Mech Projects Ltd. IPO listing date is 26 Aug 2015, Wednesday. Listed on: NSE & BSE. Issue price: ₹640. Estimated listing: ₹640. GMP: NIL.

When Power Mech Projects Ltd. IPO close?

The Power Mech Projects Ltd. IPO closes on 11 Aug 2015, Tuesday. UPI mandate: 2015-08-11. Allotment: 17 Aug 2015. Listing: 26 Aug 2015.