Bookbuilding IPO | ₹642 Cr | Listed at BSE, NSE | Tue, Dec 13, 2005 - Fri, Dec 16, 2005
Punj Lloyd IPO is a book build issue of ₹642.11 crores. The issue is a combination of fresh issue of 0.84 crore shares aggregating to ₹584.86 crores and offer for sale of 0.08 crore shares aggregating to ₹57.24 crores.
Punj Lloyd IPO bidding started from Dec 13, 2005 and ended on Dec 16, 2005.
Punj Lloyd IPO is set final issue price at ₹700 per share.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Punj Lloyd IPO RHP for detailed Information.
IPO Open
Tue, Dec 13, 2005
IPO Close
Fri, Dec 16, 2005
Issue Price
₹700 per share
Market Cap (Pre-IPO)
₹3,655.39 Cr
| IPO Date | 13 to 16 Dec, 2005 |
| Listed on | Fri, Jan 6, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹600 to ₹700 |
| Issue Price | ₹700 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 91,72,937 shares (agg. up to ₹642 Cr) |
| Fresh Issue | 83,55,174 shares (agg. up to ₹585 Cr) |
| Offer for Sale | 8,17,763 shares of ₹10 (agg. up to ₹57 Cr) |
| Share Holding Pre Issue | 4,38,64,662 shares |
| Share Holding Post Issue | 5,22,19,836 shares |
| BSE Script Code / NSE Symbol | 532693 / PUNJLLOYD |
| ISIN | INE701B01021 |
Punj Lloyd IPO comprises a total issue size of 91,72,937 shares. The net offer to the public is 90,72,937 shares, after excluding 1,00,000 shares under a preferential allotment. Of the Net offer 54,43,763 (60.00%) are allocated to QIB, 9,07,293 (10.00%) allocated to NII 27,21,881 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 54,43,763 | 60.00% | 59.35% |
| NII (HNI) Shares Offered | 9,07,293 | 10.00% | 9.89% |
| Retail Shares Offered | 27,21,881 | 30.00% | 29.67% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,00,000 | 1.09% | |
| Total Shares Offered | 91,72,937 | 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 1988, Punj Lloyd Ltd. is an engineering and construction company providing integrated design, engineering, procurement, construction, and project management services for the energy and infrastructure sectors. The company executes projects related to onshore and offshore pipelines, gas gathering systems, oil and gas terminals, LNG and LPG storage facilities, refineries, and power plants.
The company also undertakes infrastructure projects including highways, flyovers, bridges, elevated railroads, and telecommunication projects. In addition, it provides engineering support, plant maintenance, and facility management services for industrial and infrastructure projects.
Punj Lloyd operates across regions including the Middle East, the Caspian region, Asia Pacific, Africa, and South Asia. The company has subsidiaries in countries such as Kazakhstan and Indonesia and maintains project and marketing offices in the United Kingdom, Tunisia, Libya, and Saudi Arabia. It has executed projects across multiple countries in South Asia, the CIS region, the Middle East, Turkey, and Georgia.
The company offers services covering detailed engineering, field services, material procurement, project execution, and construction management. Its equipment fleet includes pipelaying equipment, automatic welding machines, horizontal directional drilling rigs, barges, piling rigs, concrete pavers, and other heavy construction equipment used for infrastructure and energy projects.
As of September 30, 2005, the company employed approximately 1,472 full-time employees along with more than 4,500 contractual and temporary workers globally.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 1,406.25 | 1,292.35 | 1,246.10 |
| Total Income | 696.04 | 1,920.33 | 1,618.71 |
| Profit After Tax | 2.97 | 100.11 | 105.41 |
| NET Worth | 507.10 | 510.19 | 196.37 |
| Reserves and Surplus | 463.24 | 484.95 | 175.73 |
| 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 Capital Equipment | 150.00 |
| 2 | Prepayment of Debt | 300.00 |
| 3 | Equity Investments in Infrastructure Projects, WOS and JVs | 50.00 |
| 4 | General Corporate Purposes | |
| Total | 500.00 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 19.66% |
| Price to Book Value | 3.03 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 22.82 | 1.14 |
| P/E (x) | 30.67 | 616.24 |
| Promoter Holding | 66.95% | 54.67% |
| Market Cap | ₹3,655.39 Cr. |
The Punj Lloyd IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 38.69 | 91,72,937 | 35,48,63,783 | |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹700.00 | ₹700.00 |
| Open | ₹956.30 | ₹989.00 |
| Low | ₹956.30 | ₹989.00 |
| High | ₹1,078.00 | ₹1,079.00 |
| Last Trade | ₹1,058.15 | ₹1,057.80 |
Lead Manager Reports
Punj Lloyd IPO is a main-board IPO of 91,72,937 equity shares of the face value of ₹10 aggregating up to ₹642 Crores. The issue is priced at ₹700 per share. The minimum order quantity is .
The IPO opens on Tue, Dec 13, 2005, and closes on Fri, Dec 16, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Punj Lloyd IPO using UPI as a payment gateway. Zerodha customers can apply in Punj Lloyd IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Punj Lloyd IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Punj Lloyd IPO opens on Tue, Dec 13, 2005 and closes on Fri, Dec 16, 2005.
Punj Lloyd IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Punj Lloyd 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 Punj Lloyd IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Punj Lloyd IPO allotment status.
The Punj Lloyd IPO listing date is on .
