
Emerging SME Services · NSE
Pratham EPC Projects Limited, established in 2014, is a key player in India's oil and gas sector, providing integrated engineering, procurement, construction, and commissioning (EPCC) services. Specializing in gas pipeline projects, oil and gas pipelines, and offshore water distribution, the company also engages in tendering and project management. Pratham adheres to rigorous industry standards, holding multiple ISO certifications, including ISO 10002:2018 for customer satisfaction, ISO 14001:2015 for environmental management, ISO 18001:2007 for occupational health and safety, and ISO 9001:2015 for quality management. With a strong track record of over 12 completed projects valued at approximately ₹13,184.10 lakhs and six major ongoing projects worth ₹19,397.33 lakhs, the company continues to expand its footprint. Its robust order book includes pending projects worth ₹16,952.80 lakhs, reflecting significant growth potential. Notably, Pratham has successfully executed a project worth approximately ₹40,667.29 lakhs, showcasing its expertise and reliability in the sector. Supported by a workforce of 770 employees as of September 30, 2023, the company remains committed to delivering high-quality EPC solutions.
Price Band
₹71 – ₹75
Issue Size
₹36.00 Cr
Lot Size
1600 shares
GMP
+36.0%
Est. Listing
₹102
at current GMP
Subscribed
177.99x
overall
Open
11 Mar 2024
Close
13 Mar 2024
Allotment
14 Mar 2024
Refund
15 Mar 2024
Demat Credit
16 Mar 2024
Listing
18 Mar 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹75
Band: ₹71 – ₹75
Estimated Listing Price
₹102
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹43,200
1600 × ₹27
Grey Market Premium trend
+₹27
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹27 | 36.0% | ₹102 |
| 30 Oct 2026 | +₹27 | 36.0% | ₹102 |
| 29 Oct 2026 | +₹24 | 32.4% | ₹99 |
GMP is unofficial market data. Not a guarantee of listing performance.
Pratham EPC Projects Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹36 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-13, the basis of allotment is scheduled to be finalized on 2024-03-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Pratham EPC Projects Limited IPO is ₹27, which indicates an expected listing price of ₹102.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.