Bookbuilding IPO | ₹51 Cr | Listed at BSE, NSE | Thu, Feb 16, 2006 - Wed, Feb 22, 2006
Pratibha Industries IPO is a book build issue of ₹51.42 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹51.42 crore.
Pratibha Industries IPO bidding started from Feb 16, 2006 and ended on Feb 22, 2006. The shares got listed on the NSE and the BSE on Mar 16, 2006.
Pratibha Industries IPO is set final issue price at ₹120 per share.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Pratibha Industries IPO RHP for detailed Information.
IPO Open
Thu, Feb 16, 2006
IPO Close
Wed, Feb 22, 2006
Issue Price
₹120 per share
Market Cap (Pre-IPO)
₹171.42 Cr
| IPO Date | 16 to 22 Feb, 2006 |
| Listed on | Thu, Mar 16, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹120 |
| Issue Price | ₹120 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 42,85,000 shares (agg. up to ₹51 Cr) |
| Fresh Issue | 42,85,000 shares (agg. up to ₹51 Cr) |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,42,85,000 shares |
| BSE Script Code / NSE Symbol | 532718 / PRATIBHA |
| ISIN | INE308H01014 |
Pratibha Industries IPO comprises a total issue size of 42,85,000 shares. The net offer to the public is 38,56,500 shares, after excluding 4,28,500 shares under a preferential allotment. Of the Net offer 19,28,250 (50.00%) are allocated to QIB, 5,78,475 (15.00%) allocated to NII 13,49,775 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 19,28,250 | 50.00% | 45.00% |
| NII (HNI) Shares Offered | 5,78,475 | 15.00% | 13.50% |
| Retail Shares Offered | 13,49,775 | 35.00% | 31.50% |
| Preferential Reservations | |||
| Employee Shares Offered | 4,28,500 | 10.00% | |
| Total Shares Offered | 42,85,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in 1995, Pratibha Industries Ltd. has established strong capabilities in the development and execution of infrastructure projects across five key segments: road construction, housing and mass housing (including real estate development), water supply and distribution systems, environmental engineering, and pre-cast design and construction.
In addition to its existing infrastructure portfolio, the company is strategically expanding into the Engineering, Procurement and Construction (EPC) segment, with a focus on oil and gas transmission projects. To strengthen its competitive position, Pratibha Industries Ltd., through its subsidiary Pratibha Infrastructure Private Limited, plans to undertake backward integration by setting up an advanced manufacturing and coating facility for spirally welded steel pipes used in water, oil, and gas transmission.
The Company began its operations with the manufacturing of pre-cast products and has since evolved into a diversified and reputable infrastructure development organization. The Company is registered as a contractor in various categories with several government and semi-government bodies, including the Public Works Department (PWD), Government of Maharashtra (Class-1A), Municipal Corporation of Greater Mumbai (Class-AA), City and Industrial Development Corporation (CIDCO) (Class-I), Bangalore Water Supply and Sewerage Board (Class-I), Karnataka Power Corporation (Class-I), and Maharashtra Jeevan Pradhikaran (MJP) (Class-I – Civil).
| Period Ended | 30 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 103.38 | 91.88 | 49.22 | 22.27 |
| Total Income | 94.05 | 90.64 | 66.10 | 42.61 |
| Profit After Tax | 6.99 | 8.09 | 3.65 | 1.92 |
| EBITDA | 13.20 | 12.97 | 6.14 | 3.46 |
| NET Worth | 25.51 | 18.54 | 12.13 | 7.67 |
| Reserves and Surplus | 15.51 | 16.54 | 10.13 | 5.67 |
| Total Borrowing | 48.62 | 27.07 | 15.58 | 4.11 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in BOT/BOOT Projects | 15.00 |
| 2 | Investment in Pratibha Infrastructure Pvt Ltd for spiral welded pipe project | 14.00 |
| 3 | Long Term Working Capital margin | 15.60 |
| 4 | Repayment of part of the existing Debt/ Loan | 1.20 |
| 5 | Issue Expenses | 5.62 |
| Total | 51.42 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 34.58% |
| Price to Book Value | 1.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.09 | 6.53 |
| P/E (x) | 14.83 | 18.38 |
| Promoter Holding | 100% | 70% |
| Market Cap | ₹171.42 Cr. |
The Pratibha Industries IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 20.53 | 42,85,000 | 8,79,68,850 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers fees | 1.70 |
| 2 | Registrar to the Issue | 0.06 |
| 3 | Co- Manager to the Issue | 0.11 |
| 4 | Bankers to the Issue | 0.05 |
| 5 | Offer Stationery | 0.35 |
| 6 | Advertising Expenses | 0.75 |
| 7 | Brokerage and Selling Commission (including underwriting) | 2.27 |
| 8 | Legal Fees | 0.05 |
| 9 | Other Expenses (incl. Filing Fees, Listing Fees, Depository Charges, etc.) | 0.28 |
| Total | 5.62 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹120.00 | ₹120.00 |
| Open | ₹146.00 | ₹150.00 |
| Low | ₹135.05 | ₹141.00 |
| High | ₹189.70 | ₹189.90 |
| Last Trade | ₹181.20 | ₹181.30 |
Lead Manager Reports
Pratibha Industries IPO is a main-board IPO of 42,85,000 equity shares of the face value of ₹10 aggregating up to ₹51 Crores. The issue is priced at ₹120 per share. The minimum order quantity is .
The IPO opens on Thu, Feb 16, 2006, and closes on Wed, Feb 22, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Pratibha Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Pratibha Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pratibha Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pratibha Industries IPO opens on Thu, Feb 16, 2006 and closes on Wed, Feb 22, 2006.
Pratibha Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Pratibha Industries 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 Pratibha Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Pratibha Industries IPO allotment status.
The Pratibha Industries IPO listing date is on Thu, Mar 16, 2006.
