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Prakash Constrowell IPO is a book built issue of Rs 60.00 crores.
Prakash Constrowell IPO bidding started from September 19, 2011 and ended on September 21, 2011. The shares got listed on BSE, NSE on October 4, 2011.
Prakash Constrowell IPO price band is set at ₹130 to ₹138 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹6,900.
Intensive Fiscal Services Private Limited is the book running lead manager of the Prakash Constrowell IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Prakash Constrowell IPO RHP for detailed information.
| IPO Date | September 19, 2011 to September 21, 2011 |
| Listing Date | October 4, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹138 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 4,347,826 shares (aggregating up to ₹60.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 8,220,000 |
| Share holding post issue | 12,567,826 |
Prakash Constrowell IPO offers 4,615,385 shares. 2,307,692 (50.00%) to QIB, 692,308 (15.00%) to NII, 1,615,385 (35.00%) to RII. 32,307 RIIs will receive minimum 50 shares and (sNII) and (bNII) will receive minimum 1,450 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 2,307,692 (50.00%) | NA |
| NII (HNI) Shares Offered | 692,308 (15.00%) | |
| Retail Shares Offered | 1,615,385 (35.00%) | 32,307 |
| Total Shares Offered | 4,615,385 (100%) |
Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,900 |
| Retail (Max) | 28 | 1400 | ₹193,200 |
| Lot Size Calculator | |||
Promoters of the company are:
1. Mr. Prakash P. Laddha
2. Mrs. Aruna P. Laddha
| Share Holding Pre Issue | 98.05% |
| Share Holding Post Issue | 64.13% |
Incorporated in 1996, Prakash Constrowell Ltd is a construction company engaged in the business of infrastructure development and civil construction.
Company mainly operates in the three segments of construction:
1. Infrastructure development includes construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, workshops, hospitals, educational institutions;
2. Civil construction includes Government staff quarters, hostel buildings and auditoriums;
3. Residential and commercial real estate construction.
Prakash Constrowell is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. Comapny has successfully executed a range of construction projects in the state of Maharashtra. Client list includes Public Works Department, Maharashtra State, National Building Construction Corporation (NBCC), Maharashtra State Police Housing & Welfare Corporation (MSPHWC), Maharashtra State Road Transport Corporation (MSRTC), Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), Maharashtra State Power Generation Company Ltd, (MSPGCL), Indian Oil Corporation (IOC) etc
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
| 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | |
| Total Income | 12,812.91 | 11,498.07 | 6,359.65 | 2,784.03 | 3,672.55 |
| Profit After Tax (PAT) | 968.68 | 748.70 | 293.98 | 311.33 | 288.89 |
| KPI | Values |
|---|---|
| RoNW | 33.09% |
The object of the issue are:
1. To meet working capital requirement;
2. To Invest in Construction Equipments;
3. To Invest in Subsidiaries;
4. To meet General Corporate Purposes; and
5. To meet Public Issue Expenses.
[Dilip Davda]
The Company's income from operations on a consolidated basis as per the restated financials has grown from Rs 26.40 crore in the year 2007-08 to Rs 126.91 crore in the year 2010-11 exhibiting a compounded annual growth rate of 68.77 % over the period of past four financial years. Its profit after tax on a consolidated basis as per the restated financials has grown from Rs 3.06 crore in the year 2007-08 to Rs 10.65 crore in the year 2010-11 exhibiting a compounded annual growth rate of 51.47 % over the period of past four financial years. However, if this earnings translated on the basis of enhanced equity post this issue, than the EPS for 2010-11 stands at Rs. 10 and the book value of Rs. 39 as on 31.3.2011 makes this offer at and around 13 P/E and 3.3 P/BV on the lower price band. Thus it looks aggressively priced and hence worth giving it a MISS
Read detail review...The Prakash Constrowell IPO is subscribed 2.21 times on September 21, 2011 5:00:00 PM. The public issue subscribed 4.68 times in the retail category, 0.31 times in the QIB category, and 2.76 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.31 |
| NII | 2.76 |
| Retail | 4.68 |
| Total | 2.21 |
CARE has assigned an IPO Grade 2 to Prakash Constrowell IPO. This means as per CARE, company has ' Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Prakash Constrowell IPO Report
| Listing Date | October 4, 2011 |
| BSE Script Code | 533605 |
| NSE Symbol | SETUINFRA |
| ISIN | INE023M01027 |
| Final Issue Price | ₹138 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹138.00 |
| ₹145.00 |
| ₹112.50 |
| ₹245.00 |
| ₹229.50 |
| NSE |
|---|
| ₹138.00 |
| ₹147.20 |
| ₹112.25 |
| ₹245.00 |
| ₹230.00 |
Prakash Constrowell Ltd
6/7 Falcon Plaza,
National Urdu High School Road,
Near Sarda Circle, Nasik - 422001, Maharashtra
Phone: +91 253 2590725
Email: info@pclnsk.com
Website: http://www.pclnsk.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Prakash Constrowell IPO is a main-board IPO of 4,347,826 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹130 to ₹138 per share. The minimum order quantity is 50 Shares.
The IPO opens on September 19, 2011, and closes on September 21, 2011.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Prakash Constrowell IPO opens on September 19, 2011 and closes on September 21, 2011.
Prakash Constrowell IPO lot size is 50 Shares, and the minimum amount required is ₹6,900.
You can apply in Prakash Constrowell IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Prakash Constrowell IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Prakash Constrowell IPO allotment status.
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Top Contributor (1000+ Posts, 200+ Likes)
Now onwards operator will do oposite to your establishment
for example see PG electo was up continuously upto to selttlement day
Today prakash made reverse
trapped