Power & Instrumentation IPO

Power & Instrumentation IPOBusiness description - Power & Instrumentation is a contracting firm founded in 1983 to provide complete EPC solutions for electrical requirements and manufactured electronic boards, electrical panels & controls panel. Currently, it is engaged in providing a wide range of contracting based services in the field for Electrical, Mechanical and Instrumentation Engineering. It has been providing the clients with complete turnkey solutions from concept to commissioning which includes design, procurement, installation, testing & commissioning and maintenance of the system. The company offers its services related to Power & Distribution Transformers, DG Sets, HT and LT Power Distribution Panels, SCADA & Building Management Systems, Busducts and Busways, Cables and Cable Management System, Internal/External/Specialized Lighting and Uninterrupted Power Supply System (UPS) etc.

Promoters of Power & Instrumentation – Mr Padmaraj Padmnabhan Pillai and Mrs Padmavati Padmanabhan Pillai
Power & Instrumentation IPO details
Subscription Dates 11 - 13 April 2018
IPO Price band INR33 per share
Fresh issue 1,864,000 shares (INR6.15 crore)
Offer for sale Nil
Total IPO size 1,864,000 shares (INR6.15 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR4.45 crore
  • General Corporate Expenses - INR1.25 crore
  • Issue Expenses - INR0.45 crore
Power & Instrumentation's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 32.7 36.3 45.5 51.7 60.7 48.6
Total expenses 31.4 34.9 43.9 49.9 58.4 46.5
Profit after tax 0.9 0.9 1.1 1.2 1.6 1.4
Power & Instrumentation's Contact Details

Power & Instrumentation Gujarat Limited
A/1, Sixth Floor, Safal Profitaire
Near Krishna Bunglows, Prahladnagar
Ahmedabad– 380015

Phone: +91 79 4005 1222
Email: [email protected]
Website: www.grouppower.org

Power & Instrumentation IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.28
Day 2 0.73
Day 3 9.73
Power & Instrumentation Valuation (Latest FY)

Earnings Per Share (EPS): INR3.06

Price/Earnings (P/E) ratio: 10.78

Return on Net Worth (RONW): 13.11%

Net Asset Value (NAV): INR23.32 per share

Registrar of Power & Instrumentation IPO

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email[email protected]
Website: www.skylinerta.com

Power & Instrumentation IPO Allotment Status

Power & Instrumentation IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status.

Listing performance of Power & Instrumentation

IPO Opening Date: 11 April 2018

IPO Closing Date: 13 April 2018

Listing Date: 23 April 2018

Listing Price on BSE SME: INR35 per share (up 6.06% from IPO price)

Closing Price on BSE SME: INR34.9 per share (up 5.75% from IPO price)

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