Power & Instrumentation (Gujarat) Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

11 Apr 2018

Close Date

13 Apr 2018

Allotment

19 Apr 2018

Listing Date

23 Apr 2018

Exchange

NSE SME

Price Band

₹33

Listing Price

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Allotment Status

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Price Band

₹33

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

18,64,000 shares (aggregating up to ₹6.15 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹132,000

1 lot

Pre-IPO Holding

51,79,900 shares

Promoters

Post-IPO Holding

70,43,900 shares

Promoters

UPI Deadline

2018-04-13

Mandate

Anchor AllotmentTue, 10 Apr 2018

Basis of AllotmentThu, 19 Apr 2018

Refund InitiationFri, 20 Apr 2018

Demat CreditFri, 20 Apr 2018

Listing DayMon, 23 Apr 2018

UPI Mandate Deadline2018-04-13

Sale TypeFresh Capital

Net Offer to Public17,68,000 shares (aggregating up to ₹5.83 Cr)

Market Maker Quota96,000 shares (aggregating up to ₹0.3168 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Power & Instrumentation (Gujarat) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 13 Apr 2018.

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)
Market Maker	Awaited	96,000	—	₹0.32
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,864,000	100%	₹6.15

IPO Shares Offered

Power & Instrumentation (Gujarat) Ltd. IPO total issue size: ₹6.15 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	96,000	₹0.32	5.15%
Total	1,864,000	₹6.15	100.00%

* Based on upper price band ₹33 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹33.00

Upper Band

Min Investment

₹132,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹264,000
Retail (Max — 13 Lots)	13	52,000	₹1,716,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,848,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,976,000

* Issue Price ₹33 × Lot Size 4,000 shares

IPO Schedule

Anchor

10 Apr 2018

✓ Done

IPO Open

11 Apr 2018

✓ Done

IPO Close

13 Apr 2018

✓ Done

Allotment

19 Apr 2018

✓ Done

Refunds

20 Apr 2018

✓ Done

Demat Credit

20 Apr 2018

✓ Done

Listing Day

23 Apr 2018

✓ Done

₹33.00

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Issue ₹33.00 Live Price

About Power & Instrumentation (Gujarat) Ltd.

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 - Jammu9. CPWD-NIMS Patalganga10. Gujarat High Court - Ahmedabad - PWD11. Airport Authority of India - Bhopal Airport12. Airport Authority of India - Srinagar Airport13. Naya Raipur Development Authority14. Chennai Port Trust15. Sardar Sarovar Narmada Nigam Limited16. Mahanagar Telephone Nigam Limited -Prabhadevi17. Mahanagar Telephone Nigam Limited -Cumballa18. CPWD -Gandhinagar19. CPWD-Calicut20. Airport Authority of India-GOAIt has employed 58 employees (including skilled, semi-skilled and unskilled).

Objects of the Issue

1 To Meet Working Capital Requirement

2 General Corporate Expenses

Power & Instrumentation (Gujarat) Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹4,546.7

31-Mar-15

₹5,166.2

31-Mar-16

₹6,072.8

31-Mar-17

Profit After Tax (PAT)

₹107.2

31-Mar-15

₹122.4

31-Mar-16

₹156.7

31-Mar-17

Particulars	31-Mar-17	31-Mar-16	31-Mar-15
Revenue from Operations	6072.79	5166.19	4546.73
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	156.66	122.39	107.17
Net Worth	N/A	N/A	N/A
Total Assets	5056.00	4260.62	3122.52
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 Offered18,64,000 (100.00%)

Net Offer to Public17,68,000 shares (aggregating up to ₹5.83 Cr)

Reserved for Market Maker96,000 shares (aggregating up to ₹0.3168 Cr)

Pre-Issue Promoter Holding51,79,900 shares

Post-Issue Promoter Holding70,43,900 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

Mumbai@skylinerta.com

https://www.skylinerta.com/ipo.php

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Book Running Lead Managers

Navigant Corporate 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 & Instrumentation (Gujarat) Ltd. IPO subscribed? ▲

Power & Instrumentation (Gujarat) Ltd. IPO is subscribed 1.00 times by Apr 13, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Power & Instrumentation (Gujarat) Ltd. IPO retail subscription status? ▼

The Power & Instrumentation (Gujarat) Ltd. IPO retail category is subscribed 1.00 times as of 13 Apr 2018. The retail portion is oversubscribed.

How to subscribe Power & Instrumentation (Gujarat) Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 11 Apr 2018 and closes 13 Apr 2018. Min investment: ₹132,000 (1 lot = 4,000 shares). UPI mandate: 2018-04-13.

How many times Power & Instrumentation (Gujarat) Ltd. IPO subscribed? ▼

The Power & Instrumentation (Gujarat) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Power & Instrumentation (Gujarat) Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Apr 2018. Refunds: on 20 Apr 2018.

When Power & Instrumentation (Gujarat) Ltd. IPO will be listed? ▼

The Power & Instrumentation (Gujarat) Ltd. IPO listing date is 23 Apr 2018, Monday. Listed on: NSE SME. Issue price: ₹33. Estimated listing: ₹33. GMP: NIL.

When Power & Instrumentation (Gujarat) Ltd. IPO close? ▼

The Power & Instrumentation (Gujarat) Ltd. IPO closes on 13 Apr 2018, Friday. UPI mandate: 2018-04-13. Allotment: 19 Apr 2018. Listing: 23 Apr 2018.

Quick Actions

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Live Price LIVE

Last Price₹33.00

Change—

Issue Price₹33.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹33

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹132,000

GMPNIL

Est. Listing₹33

Subscribed1.00x

Open Date11 Apr 2018

Close Date13 Apr 2018

Allotment19 Apr 2018

Listing Date23 Apr 2018

ExchangeNSE SME

UPI Deadline2018-04-13