PKH Ventures Limited IPO

Incorporated in 2000, PKH Ventures Limited is engaged in the business of Construction & Development, Hospitality, and Management Services.

PKH Ventures executes Civil Construction works for Third Party Developer projects. The Civil Construction business is executed by its Subsidiary and construction arm, Garuda Construction.

The company concluded the development of the Delhi Police Headquarters in April 2021, which involved the construction of twin towers of seventeen (17) storeys each, with a complete glass façade and steel bridge connecting the two towers. The company is proposing to develop its own Forthcoming Development Projects, which include real estate development at Amritsar, Punjab; a food park at Jalore, Rajasthan; cold storage park/facilities at Indore, Madhya Pradesh; and a wellness center & resort at Chiplun, Maharashtra.

PKH Ventures' Hospitality vertical is in the business of owning, managing, and operating hotels, restaurants, QSRs, spas, and the sale of food products. The company currently provides miscellaneous mechanical, electrical, and plumbing ("MEP") works services such as annual maintenance of its projects and certain third-party O&M contracts. The company has developed two hotels in Mumbai viz., Golden Chariot Hotel & Spa, Vasai and Golden Chariot, The Boutique Hotel near Mumbai International Airport ("Mumbai Hotels") and has been owning, managing and operating the 180 Mumbai Hotels since FY 2015.

PKH Ventures has been awarded with two Government Projects viz., the Hydro Power Project and the Nagpur Project, being executed through its Subsidiaries/SPVs.

PKH Ventures IPO Details

PKH Ventures IPO is a Book Built Issue. The IPO total issue size is Rs 379.00 Cr. The PKH Ventures IPO price is ₹140 to ₹148 per share. The IPO will list on BSE, NSE.

IPO Date	Jun 30, 2023 to Jul 4, 2023
Listing Date	[.]
Face Value	₹5 per share
Price	₹140 to ₹148 per share
Lot Size	100 Shares
Total Issue Size	25,632,000 shares (aggregating up to ₹379.00 Cr)
Fresh Issue	18,258,400 shares (aggregating up to ₹270.22 Cr)
Offer for Sale	7,373,600 shares of ₹5 (aggregating up to ₹109.13 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share holding pre issue	63,992,080
Share holding post issue	82,250,480

PKH Ventures IPO Reservation

PKH Ventures IPO a total of 25,632,000 shares are offered. QIB: 12,816,000 (50.00%), RII: 8,971,200 (35.00%), NII: 3,844,800 (15.00%).

Anchor Investor Shares Offered	-
QIB Shares Offered	12,816,000 (50.00%)
NII (HNI) Shares Offered	3,844,800 (15.00%)
Retail Shares Offered	8,971,200 (35.00%)
Total Shares Offered	25,632,000 (100%)

PKH Ventures IPO Timetable (Tentative)

PKH Ventures IPO opens on Jun 30, 2023, and closes on Jul 4, 2023.

IPO Open Date	Friday, 30 June 2023
IPO Close Date	Tuesday, 4 July 2023
Basis of Allotment	Friday, 7 July 2023
Initiation of Refunds	Monday, 10 July 2023
Credit of Shares to Demat	Tuesday, 11 July 2023
Listing Date	Wednesday, 12 July 2023
Cut-off time for UPI mandate confirmation	5 PM on Jul 4, 2023

PKH Ventures IPO Lot Size

The minimum lot size of this PKH Ventures IPO is 100 shares required is ₹14,800.

Application	Lots	Shares	Amount
Retail (Min)	1	100	₹14,800
Retail (Max)	13	1300	₹192,400
S-HNI (Min)	14	1,400	₹207,200
S-HNI (Max)	67	6,700	₹991,600
B-HNI (Min)	68	6,800	₹1,006,400

PKH Ventures IPO Promoter Holding

The promoter of the company is Mr. Pravin Kumar Agarwal.

Pre Issue Share Holding	100.00%
Post Issue Share Holding	68.84%

Company Financials

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	244.81	169.00	14.09	149.40	141.96	25.91
31-Mar-21	1,077.04	264.66	30.57	184.72	177.03	96.69
31-Mar-22	1,102.45	245.41	40.52	327.38	295.68	98.24
31-Dec-22	1,248.03	155.03	28.64	356.01		172.01
Amount in ₹ Crore

Key Performance Indicator

PKH Ventures IPO Market Cap is Rs 1217.31 Cr and P/E (x) is 23.42.

KPI	Values
P/E (x)	23.42
Market Cap (₹ Cr.)	1217.31
ROCE	15.00%
EPS (Rs)	6.33
RoNW	12.38%