About PKH Ventures IPO
Incorporated in 2000, PKH Ventures Limited is involved in the business of construction & development, hospitality and management services. Its civil construction business is executed by its subsidiary - Garuda Construction. Under its hospitality business, the company owns, manages and operates hotels, restaurants, QSRs, spas and sale of food products.
PKH Ventures has also been awarded two government projects, namely 16 MW hydropower project in Arunachal Pradesh and the development of an entertainment center in Nagpur. Along with this, it also has three hotel development projects in Madhya Pradesh. The company’s civil construction order book stands at ₹ 468 crore as on 15 March 2023.
Other businesses operated by the company include restaurants under the brand name Golden Chariot and Balaji, Zebra Crossing, Hardy’s Burger, Mumbai Salsa and Juvana Resort and Spa.
And now, PKH Ventures Limited is coming out with its initial public offer (IPO). The IPO will include an offer for sale as well as a fresh issue. The money raised through the fresh issue will be utilised for the development of hydropower project, investment in its civil construction subsidiary, acquisitions and other strategic initiatives.
Here are the key details about the PKH Ventures IPO:
Here’s a quick look at PKH Ventures IPO’s strengths, weakness, opportunities and risks (SWOT analysis)
Strengths and opportunities
Risks and threats
PKH Ventures IPO details
| PKH Ventures IPO date
The company has filed its Draft Red Herring Prospectus with the market regulator SEBI. The offer document filed by the company with the SEBI mentions that the PKH Ventures IPO’s opening date – in other words, the PKH Ventures IPO launch date – will be 30th June 2023. The PKH Ventures IPO closing date is 4th July 2023. After this, investors will be updated about the allotment status on 7th July 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 11 July 2023. The PKH Ventures IPO listing date is 12 July 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| PKH Ventures IPO Price Band
The IPO is a fresh issue as well as an offer for sale. The PKH Ventures IPO price band has been set between ₹140 and ₹148 per share. Interested investors can choose a price within this band to apply for the IPO.
The PKH Ventures IPO listing price will be determined on 12th July 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
| PKH Ventures IPO Lot size
The PKH Ventures IPO details have been declared. The PKH Ventures IPO lot size is set at 100 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the PKH Ventures IPO issue size is approx. ₹379 crore.
How to pre-apply for the PKH Ventures IPO?
You can pre-apply for the PKH Ventures IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the PKH Ventures IPO?
If you are interested in this investment opportunity but unsure how to apply for the PKH Ventures IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the PKH Ventures IPO on Upstox:
How to check the PKH Ventures IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the PKH Ventures IPO allotment status:
Open a demat account with Upstox to apply for the PKH Ventures IPO
To apply for the PKH Ventures IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the PKH Ventures IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the PKH Ventures IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the PKH Ventures IPO means applying for this public issue before it goes live. Click here to pre-apply for the PKH Ventures IPO on Upstox.
You can pre-apply for the PKH Ventures IPO from 29 June 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the PKH Ventures IPO opens for the subscription.
The PKH Ventures IPO launch date is 30th June 2023. The PKH Ventures IPO will be open for subscription till 4th July 2023.
The PKH Ventures lot size is 100 shares and the minimum investment required is ₹14,000.
The PKH Ventures IPO price band is ₹140 – ₹148 per share.
The size of the PKH Ventures IPO is approx. ₹379 crore.
You can place up to three bids for an application.
No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 11th July 2023.
PKH Ventures shares will on NSE and BSE
PKH Ventures shares’ listing date is 12th July 2023.