Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
EnProCon Enterprise Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to EnProCon Enterprise IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Feb 25, 2025 |
| SEBI/Exchange approval received | Sat, May 24, 2025 |
Incorporated in February 1997, EnProCon Enterprise Limited is an Oil and Gas pipeline infrastructure and engineering service provider for cross-country pipelines and horizontal directional drilling (HDD). It focuses on laying pipeline networks and constructing facilities such as storage tanks, equipment erection, terminals, and piping in the Oil and Gas, water, steel, and power sectors.
The company serves established clients in the oil and gas sector, both public and private. They have operations in 7 states and have laid over 200 kilometres of pipelines, including steel and MDPE networks.
The company is geographically present in various regions, including Rajasthan, Gujarat, West Bengal, Uttarakhand, Odisha, Karnataka and Andra Pradesh, through various oil & gas pipelines and water slurry pipelines.
As of June 30, 2024, the company has 8 ongoing projects.
As of June 30, 2024, the Company has 364 employees in various departments.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 89.42 | 80.88 | 78.60 | 52.09 |
| Total Income | 32.70 | 124.34 | 129.30 | 84.31 |
| Profit After Tax | 4.56 | 9.57 | 12.74 | 3.83 |
| NET Worth | 41.64 | 37.08 | 27.52 | 14.77 |
| Reserves and Surplus | 40.55 | 35.99 | 26.43 | 13.68 |
| Total Borrowing | 11.31 | 10.31 | 7.19 | 2.96 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 9.64 |
| 2 | To meet out the Capital Expenditure; | 6.58 |
| 3 | To Funding the working capital requirements of the Company; | 31.50 |
| 4 | To meet out the General Corporate Purposes; | |
| 5 | To meet out the Issue Expenses. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 29.63% |
| ROCE | 30.17% |
| Debt/Equity | 0.28 |
| RoNW | 25.80% |
| PAT Margin | 7.71% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.51% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | |
| 2 | Advertising and Marketing Expenses | |
| 3 | Fees payable to the stock exchange(s) | |
| 4 | Printing & Stationery, Distribution, Postage, etc. | |
| 5 | Brokerage and Selling Commission | |
| 6 | Other Expenses (Banker’s to the Issue, Auditor’s Fees etc.) |
Lead Manager Reports
EnProCon Enterprise IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The EnProCon Enterprise IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in EnProCon Enterprise IPO using UPI as a payment gateway. Zerodha customers can apply in EnProCon Enterprise IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in EnProCon Enterprise IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The EnProCon Enterprise IPO dates are not announced. Please check back again after some time.
EnProCon Enterprise IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in EnProCon Enterprise IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for EnProCon Enterprise IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the EnProCon Enterprise IPO allotment status.
The EnProCon Enterprise IPO listing date is not yet announced. The tentative date of listing is .
