IPO Details
Bidding Dates
30 Jun '23 - 04 Jul '23
Minimum Investment
₹14,800 / 1 Lots (100 Shares)
Price Range
₹140 - ₹148
Maximum Investment
₹192,400 / 13 Lots (1300 Shares)
Retail Discount
Not Applicable
Issue Size
₹379.00 Cr
Investor category and sub category
Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors |PKH Ventures IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Jun 30, 2023
IPO Closing Date
Jul 4, 2023
IPO Allotment Date
Jul 7, 2023
Initiation Of Refunds
Jul 10, 2023
Credit Of Shares To Demat Account
Jul 11, 2023
IPO Listing Date
Jul 12, 2023
UPI Mandate Expiry Date
Jul 4, 2023
PKH Ventures IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Jun 30, 2023 |
0.00 | 0.10 | 0.14 | 0.06 |
Day 2Jul 3, 2023 |
0.11 | 0.63 | 0.45 | 0.31 |
Day 3Jul 4, 2023 |
0.11 | 1.02 | 0.68 | 0.45 |
PKH Ventures IPO Subscription Status Live
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutions Buyers | 0.11 |
| Non-Institutional Buyers | 1.02 |
| Retail Investors | 0.68 |
| Total | 0.45 |
About PKH Ventures Ltd
The company is involved in construction and development and hospitality and management. The company has two government projects: Hydro Power Project and Nagpur Project.
The hospitality vertical PKH Ventures manages and operates restaurants, lounges, retail outlets, food stalls, bars, staff canteens and food supply at various Indian airports.
Garuda Construction, which PKH Ventures acquired in 2020, offers construction of commercial and residential buildings.
PKH Ventures has filed for maiden public issue where it offered to sell up to 2 crore equity shares, comprising up to 1 crore in fresh scrips and 98 lakh in offer for sale from existing shareholders.
PKH Ventures IPO Objectives
• The company proposes using net proceeds from new shares to invest and strengthen its subsidiary businesses.
• To promote inorganic growth and fund expenditures towards general corporate purposes.
Why should you invest in the PKH Ventures IPO?
Here are our top reasons:
- Deep industry experience for over fifteen years in operating and managing hotels, restaurants, vending machines, lounges, F&B counters, and other catering services in airports.
- Diverse business models of construction and development, hospitality and management help de-risk against recessionary conditions.
- Strong financial performance and robust balance sheet.
PKH Ventures IPO Noteworthy Highlights:
- The company operates in diversified verticals and generates revenues independent of each other.
- In Fiscal 2021 the company generated 53.96% of revenue from construction and development, 13.83% from hospitality and sale of food products, and 31.64% from management services.
Peer Details
PKH Ventures is into diversified business activities. Therefore there are no listed companies in India that work in several business activities that can be considered a competitor for PKH Ventures.
PKH Ventures Ltd Company Financials
| Financial year | As of 31st Dec 2022 (Rs. in cr) | Year ending on 31st March 2022 (Rs. in cr) | Year ending on 31st March 2021 (Rs. in cr) |
|---|---|---|---|
| Revenue from Operations | 125.46 | 199.35 | 241.51 |
| Net Profit | 28.64 | 40.52 | 30.57 |
| Net Profit (%) | 18.47 | 16.51 | 11.55 |
| Net Worth | 356.03 | 327.40 | 184.75 |
| EPS | 4.47 | 6.33 | 5.06 |
| EBITDA | 64.67 | 99.03 | 78.62 |
Know before investing
Strengths
3-
Over the period of 18 years, PKH Ventures successfully operated and managed more than 15 airports in India.
-
They worked on several government projects in India, including power projects.
-
The company plans to take up several real estate development projects in India.
Risks
3-
Most of their projects were awarded through a competitive bidding process. The bids may not be approved at all times, which can affect the company adversely.
-
The power project can involve environmental and weather-related risks like cloudbursts and floods.
-
The results of new area development projects cannot be guaranteed.
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PKH Ventures IPO FAQs
The PKH Ventures Ltd IPO contains a fresh issue of 1,82,58,400 equity shares and an Offer for Sale of 73,73,600 shares. The price band is at Rs. 140 – Rs. 148. The listing will open on 30th June 2023.
The Basis of Allotment will happen on 7th July 2023.
The IPO subscription window will open on 30th June 2023.
Retail investors can apply for a minimum of one lot, which consists of 100 shares.
PKH Ventures Ltd IPO will list on the NSE and BSE on 12th July 2023.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Validate with an OTP
- Enter your application number, DP ID, and PAN number into the app
- Click on ‘Submit’
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is on 12th July 2023, for PKH Ventures Ltd.
The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
