Power & Instrumentation (Gujarat) Ltd IPO Details

Power & Instrumentation (Gujarat) Ltd was established 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

Power & Instrumentation (Gujarat) Ltd IPO Details
Issue Open	11-04-2018
Issue Close	13-04-2018
Allotment Date	19-04-2018
Unblocked Amount	20-04-2018
Listing Date	23-04-2018
Issue Share	18,64,000 Total Equity Share 96,000 Reserved by Market Maker 17,68,000 Equity Share
Issue Size	₹ 6.15 Cr
IPO Price Band	₹ 33
Minimum Share Bid	4000
Minimum Investment Amount [Rs]	₹ 1,32,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME
Premium [Per Share]	NA
Average Earning Per Share	NA
Expected Listing Gain	₹ 9000

Power & Instrumentation (Gujarat) Ltd IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	32.70	31.39	0.88
FY-2014	36.33	34.91	0.95
FY-2015	45.57	43.88	1.07
FY-2016	51.66	49.85	1.22
FY-2017	60.73	58.37	1.57
Dec-FY-2017	48.56	46.53	1.41

Power & Instrumentation (Gujarat) Ltd IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	8,84,000	8,84,000	17,68,000
Day-1 [11-04-2018]	1,84,000 [0.21]	3,32,000 [0.38]	5,16,000 [0.29]
Day-2 [12-04-2018]	2,12,000 [0.24]	11,56,000 [1.31]	13,68,000 [0.77]
Day-3 [13-04-2018]	76,12,000 [8.61]	1,05,24,000 [11.91]	1,81,36,000 [10.26]

Power & Instrumentation (Gujarat) Ltd IPO Valuation Details
Earnings Per Share [EPS]	₹ 3.06
Price/Earnings [P/E] Ratio	10.78
Return on Net Worth [RoNW]	13.11 %
Net Asset Value [NAV]	₹ 23.32 Per Share

Power & Instrumentation (Gujarat) Ltd IPO Contact Details
Power & Instrumentation (Gujarat) Limited A/1, Sixth Floor, Safal Profitaire, Near Krishna Bunglows, 100 Ft. Road, Prahladnagar, Ahmedabad– 380015, Gujarat, India E-mail:- priyacs@grouppower.org Website:- www.grouppower.org

Registrar of Power & Instrumentation (Gujarat) Ltd IPO
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED 4A9, Gundecha Onclave, Kherani Road, Sakinaka, Mumbai - 400 072 Tel No.: +91 22 2851 1022 / 6221 5779 Email: Mumbai@skylinerta.com; Investor Grievance Email: grievances@skylinerta.com; Website: www.skylinerta.com SEBI Registration No.: INR000003241 Contact Person: Subhash Dhingreja

Lead Managers of Power & Instrumentation (Gujarat) Ltd IPO
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 6565 4402; +91 22 6560 5550 Email: navigant@navigantcorp.com Investor Grievance Email: info@navigantcorp.com Contact Person: Mr. Sarthak Vijlani Website: www.navigantcorp.com SEBI Registration Number: INM000012243

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Power & Instrumentation (Gujarat) Ltd IPO Recommendations
Live IPO Team Recommendation:- Neutral