Pratham EPC Projects Limited

About the company

## **About  Pratham EPC Projects Limited** Incorporated in October 2014, Pratham EPC Projects positions itself as a prominent Oil & Gas pipeline infrastructure service provider in India. The company concentrates on laying pipeline networks, constructing associated facilities, and offering Operations & Maintenance services to City Gas Distribution (CGD) companies in India. Operating as an integrated EPC company, Pratham provides a diverse range of pipeline and allied services for the oil & gas industry, catering to cross-country pipeline projects for various applications, including oil, gas, and water. The company also undertakes turnkey pipeline laying projects, encompassing engineering, procurement, construction, and horizontal directional drilling, as well as civil, electromechanical, and instrumentation work for city gas distribution stations. Throughout its operational history, Pratham EPC Projects has successfully executed over 12 projects, with major completed projects amounting to approximately ₹13,184.10 Lakhs. The company's execution capabilities have shown substantial growth over time, both in terms of the scale of projects bid for and executed, as well as the number of projects handled concurrently. As of February 23, 2024, Pratham EPC Projects is actively engaged in eight major ongoing projects. Of these, seven projects, valued at approximately ₹29,666.33 Lakhs, have been confirmed based on Letter of Allocation/Purchase Order. The pending project execution for these confirmed projects is estimated at ₹24,015.61 Lakhs. Additionally, one project, valued at approximately ₹40,667.29 Lakhs, has been finalised with a Purchase Order. This robust project pipeline underscores the company's strong order book position, indicative of its continued growth trajectory. Pratham EPC Projects Limited holds a 52% subsidiary, namely Pipeflow Integrity India Private Limited (PIIPL). Initially owning 50% shares of PIIPL until March 31, 2023, the company acquired an additional 2% stake on May 26, 2023, elevating PIIPL to a subsidiary status. All financial matters disclosed herein are based on standalone restated financial statements, providing a transparent view of the company's financial performance. Pratham EPC Projects Limited stands as a dynamic and resilient player in the integrated pipeline projects sector. With a focus on quality, safety, and customer satisfaction, backed by a strong leadership team and a robust order book, the company is well-positioned for sustained growth in the ever-evolving energy infrastructure landscape. This comprehensive overview aims to provide stakeholders with a nuanced understanding of the company's journey, capabilities, and strategic positioning in the market . As Pratham EPC Projects Limited prepares for its forthcoming IPO, it stands as a beacon of excellence in the natural resource processing industry. With a diversified product portfolio, a focus on sustainability, and a strategic vision for the future, the company is poised for continued growth and success, promising investors a compelling opportunity to partake in their journey towards a greener, more sustainable future. * To fund the purchase of machinery.  * For working capital requirements. * General corporate purposes. Here are key details about the Pratham EPC Projects Limited IPO: Company Name| **Pratham EPC Projects Limited**|  | Pratham EPC Projects Limited IPO Opening Date| **March 11, 2024** ---|---|---|---|--- Company Established On|**2014**Pratham EPC Projects Limited IPO Price band|**₹71 to ₹75 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Mar 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   13 Mar 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   13 Mar 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   15 Mar 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   14 Mar 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   18 Mar 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.