Introduction
PKH Ventures is a company with diversified business operations in Construction & Development, Hospitality, and Management Services. With over 15 years of experience, PKH Ventures has established itself as a prominent player in the industry. In this article, we will delve into the details of PKH Ventures IPO, including its GMP (Grey Market Premium), price, date, and allotment.
1. Overview of PKH Ventures
PKH Ventures is a company that operates in multiple sectors, including Construction & Development, Hospitality, and Management Services. It has made significant contributions to the construction industry through its subsidiary, Garuda Construction. Over the years, PKH Ventures has successfully completed numerous projects and currently has 11 Construction and Development projects in progress. The company also owns and operates hotels and restaurants, further expanding its presence in the hospitality sector.
2. Construction & Development Projects
PKH Ventures entered the construction and development business in 2012 with the development of its Mumbai Hotels. Since then, it has undertaken various residential, commercial, and miscellaneous construction projects. The company’s expertise and experience in this domain have enabled it to execute more than 10 successful projects. PKH Ventures is committed to delivering high-quality construction and development solutions.
3. Hospitality and Management Services
With a strong foundation in offering management services at various airports, PKH Ventures expanded its presence in the hospitality sector. The company developed and operates two hotels and a luxurious resort at Aamby Valley, Lonavala, near Mumbai. Additionally, PKH Ventures ventured into owning and operating restaurants, including popular brands such as Balaji, Golden Chariot, Zebra Crossing, Casablanca, Hardy’s Burger, and Mumbai Salsa. This diversification has allowed PKH Ventures to cater to a wide range of customers and provide exceptional hospitality experiences.
4. PKH Ventures IPO Details
The IPO of PKH Ventures is scheduled to take place in June 2023. The specific dates and IPO price are yet to be announced but will be available soon. The IPO will consist of a fresh issue of 1,82,58,427 shares and an offer for sale of 98,31,461 shares, making the total IPO size 2,80,89,888 shares. The minimum bid or lot size will be disclosed closer to the IPO launch. The face value of each share is INR 5. The retail allocation for the IPO is set at 35%. Upon listing, PKH Ventures shares will be available for trading on the BSE and NSE.
5. Financial Performance
Here is a snapshot of PKH Ventures’ financial performance over the years:
| Year | Revenue (INR crore) | Expenses (INR crore) | Net Income (INR crore) | Margin (%) |
|---|---|---|---|---|
| FY 2019 | 160.41 | 165.78 | 2.44 | 1.52 |
| FY 2020 | 165.89 | 161.45 | 14.09 | 8.49 |
| FY 2021 | 241.51 | 201.11 | 30.57 | 12.66 |
| H1 FY 2022 | 110.84 | 60.24 | 26.32 | 23.75 |
Figures in INR crore unless specified otherwise
6. Valuations & Margins
PKH Ventures’ valuations and margins demonstrate its financial strength and growth potential:
| Year | EPS | PE ratio | RONW (%) | NAV | ROCE (%) | EBITDA (%) | Debt/Equity |
|---|---|---|---|---|---|---|---|
| FY 2019 | 0.41 | – | 1.80 | – | 4.26 | 5.87 | 0.21 |
| FY 2020 | 2.35 | – | 9.43 | – | 10.61 | 13.38 | 0.17 |
| FY 2021 | 5.06 | – | 16.55 | 28.87 | 12.94 | 29.71 | 0.52 |
Compiled by IPO Central from Prospectus
7. Conclusion
PKH Ventures is a dynamic company that operates in various sectors, including Construction & Development, Hospitality, and Management Services. Its track record of successful projects, expertise in the industry, and commitment to quality make it an attractive prospect for investors. With the upcoming IPO, investors have an opportunity to participate in the growth story of PKH Ventures. Stay tuned for the IPO dates, price, and further updates.
FAQs
1. How long has PKH Ventures been in the construction and development business? PKH Ventures entered the construction and development business in the year 2012.
2. What is the retail allocation for PKH Ventures IPO? The retail allocation for PKH Ventures IPO is set at 35%.
3. Which stock exchanges will PKH Ventures be listed on? PKH Ventures shares will be listed on the BSE and NSE.
4. What is PKH Ventures’ financial performance in FY 2021? In FY 2021, PKH Ventures recorded a revenue of INR 241.51 crore, expenses of INR 201.11 crore, and a net income of INR 30.57 crore.
5. What are PKH Ventures’ valuations in FY 2020? In FY 2020, PKH Ventures achieved an EPS of 2.35, a RONW of 9.43%, and an ROCE of 10.61%.
