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PKH Ventures IPO Details
Issue Date
30 Jun - 4 Jul'23
Investment/lot
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Price Range
₹140 - ₹148
Lot Size
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IPO Size
₹358.85 - ₹379.35 Cr
IPO Listing Details
Listing On
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Issue Price
₹148
Listed Price
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Retail Gain/Listing Gain
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Schedule of PKH Ventures
Start date
30/06/2023
End date
04/07/2023
Allotment of bids
Refund Initiation
Listing on exchange
Company Background
PKH Ventures operates within the business of Construction & Development, Hospitality and Management Services, where its civil construction business is executed by its subsidiary, Garuda Construction, and the hospitality vertical is in the business of owning, managing and operating hotels, restaurants, quick service restaurants, spas and the sale of food products.
The company has notably worked on the development of the Delhi Police Headquarters in April 2021, alongside having developed well-known hotels in Mumbai, like The Golden Chariot Vasai Hotel & Spa, The Golden Chariot, and The Boutique Hotel near Mumbai International Airport.
An interesting note: The company has also invested in the ownership of a cricket team as a joint venture partner, through its subsidiary, PK Sports. Its cricket team - “NaMo Bandra Blasters” - plays in the T20 Mumbai League of the Mumbai Cricket Association.
Risk Factors
- The company has a revenue-sharing agreement with its Promoter and Group Companies.
- A significant portion of revenue is derived from the construction and development vertical.
- A significant portion of the construction and development revenue is derived from the Government Of India.
Key Strategies
Here are a few strategies PKH Ventures Limited has for its business:
- Expanding its hospitality portfolio
- Identifying capital investment opportunities with visible potential for growth
- Expanding into diversified construction and development projects with higher margins
Key Financials
And finally here’s a look at key financials of PKH Ventures Limited
How to apply for IPO through ASBA
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PKH Ventures IPO FAQs
What is the price band of the PKH Ventures IPO?
The price band of PKH Ventures IPO is ₹140 to ₹148.
What is PKH Ventures Limited IPO?
The PKH Ventures Limited IPO has an issue size of Rs. 379.35 crore. The IPO opens for subscription on 30th June and ends on 4th July.
Who is the Registrar of PKH Ventures Limited IPO?
Link Intime India Private Limited is the registrar for this IPO.
Where can I read more about PKH Ventures Limited business?
You can read more about PKH Ventures Limited and its IPO from the company’s red herring prospectus (RHP) here: PKH Ventures Limited RHP.