PKH Ventures Limited

PKH

₹140-148

per share

Bidding Dates

30-4 Jul

Min. Investment

₹14,000.00

Lot Size

100 shares

Issue Size

₹379 Cr

IPO Timeline

Bidding starts

30 Jun ‘23

Bidding ends

04 Jul ‘23

Allotment finalisation*

07 Jul ‘23

Refund initiation*

10 Jul ‘23

Demat transfer

11 Jul ‘23

Listing

12 Jul ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

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:

Company Name	PKH Ventures Limited	Company Type	Private
Company Established On	2000	PKH Ventures IPO Opening Date	30th June 2023
PKH Ventures IPO Closing Date	4th July 2023	PKH Ventures IPO Allotment Status	7th July 2023
Credit of Shares to the Demat Account	11th July 2023	PKH Ventures IPO Listing Date	12th July 2023
PKH Ventures IPO Face Value	₹5 per share	PKH Ventures IPO Lot Size	100 shares
PKH Ventures IPO Issue Size	Approx. ₹379 crore	PKH Ventures IPO to be Listed on	BSE, NSE
PKH Ventures IPO Price band	₹140 – ₹148

Financial snapshot

Particulars	FY 20	FY 21	FY 22	9MFY23
Revenue	₹ 165 crore	₹ 241 crore	₹ 199 crore	₹ 125 crore
Net Profit	₹ 14.0 crore	₹ 30.5 crore	₹ 40.5 crore	₹ 28.6 crore

Here’s a quick look at PKH Ventures IPO’s strengths, weakness, opportunities and risks (SWOT analysis)

Strengths and opportunities

Established track record of managing and operating restaurants, quick service restaurants, lounges, F&B counters and other catering services at various airports in the country for 15 years before venturing in expansion.
Between FY20 to FY22, the company's net profit increased from ₹14 to ₹40.5 crore, a CAGR growth of over 42%.
Currently owns and manages two hotels, one resort, four restaurants, four banquets and two spas.
PKH Ventures diverse business model de-risks the company against any recessionary environment in a particular industry.
Uses asset-light business model for its civil construction business. Company rely on third-party suppliers for equipment and labor, which allows it to reduce fixed costs, make construction projects cost efficient and increase margins.

Risks and threats

Some of the net proceeds from the fresh issue will be used for the development of the hydropower project in Arunachal Pradesh. However, the company lacks experience in developing and operating a hydropower plant.
Has experienced negative cash flows of ₹426 crore in FY21 and ₹5.1 crore in 9MFY23.
Derives significant revenues from its construction vertical amassing to 47% and 46% of its total revenue from operations in FY21 and FY22, respectively.
Company’s business operations require a significant amount of working capital. Failure to meet working capital requirements may lead to business losses.

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:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the ‘PKH Ventures IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Pre-Apply’
Accept the mandate on your UPI app

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:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the ‘PKH Ventures IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Apply’
Accept the mandate on your UPI app

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:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover page, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, you will find the ‘View all’ option
Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
In the ‘IPO’ tab, click on ‘My applications’
In ‘My applications’, under the History section, your PKH Ventures IPO allotment status will be mentioned

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:

Click here to visit the demat account opening page on the Upstox website.
Enter your phone number and other essential details to begin opening a demat account.
Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque, and your bank statement as needed.
Complete the e-verification using the OTP sent to your registered mobile number.

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.

IPO analysis

Registrar information

Name

Link Intime India Private Limited

Phone number

+91 022 4918 6200

Email ID

pkh.ipo@linkintime.co.in

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

FAQs

How can you pre-apply for the PKH Ventures IPO?

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.

When does pre-apply for the PKH Ventures IPO open and how can you pay for it?

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.

How to apply for PKH Ventures IPO? Or How to invest in the PKH Ventures IPO?

You can apply on Upstox’s website and app, once the PKH Ventures IPO opens for the subscription.

When does the PKH Ventures IPO open and close 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.

What’s the lot size and minimum investment needed for the PKH Ventures IPO?

The PKH Ventures lot size is 100 shares and the minimum investment required is ₹14,000.

What is the price band for the PKH Ventures IPO?

The PKH Ventures IPO price band is ₹140 – ₹148 per share.

What’s the size of the PKH Ventures IPO?

The size of the PKH Ventures IPO is approx. ₹379 crore.

How many bids can I place for the PKH Ventures IPO?

You can place up to three bids for an application.

Can these bids be placed at different times during the IPO subscription period?

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.

When will PKH Ventures shares be credited to your demat account?

If shares are allotted, then they will be credited to your demat account on 11th July 2023.

Which exchanges will PKH Ventures list on?

PKH Ventures shares will on NSE and BSE

When will PKH Ventures shares list on the exchanges?

PKH Ventures shares’ listing date is 12th July 2023.