EKI Energy Services IPO

EKI Energy Services IPO Details and analysis

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EKI Energy Services IPO will open for subscription from 24 March 2021. the company aims for an issue size of ₹18.60 crores through this IPO.

Also read: IPO List 2021: a complete list of IPOs in 2021

EKI Energy Services Limited

Incorporated in 2011, EKI Energy Services is a well-recognized brand in the realm of “climate change, carbon credit, and sustainability solutions” across the globe. Initially, the company started its business as a climate change advisory services such as consultancy services for registration, validation, monitoring, verification, insurance, and trading of eligible Carbon Credits Projects but over the period, it has expanded its services into carbon credits trading, Business excellence advisory services & training services, and Electrical Safety Audits.

The company offers its services to various government and private sector clients in waste management, power generation, clean development mechanisms, airports, and others. The firm not only serves customers domestically but also serves clients in countries like Australia, the USA, Germany, Europe, etc. Airport Authority of India, World Bank, Azure Power, Kerala State Electricity Board, National Thermal Power Corporation (NTPC), GAIL, GMR Energy Limited, NHPC, Indian Railways, etc. are some of its customers.

Objectives of the Issue

  • To meet working capital requirements.
  • General corporate purposes.
  • To meet issue expenses.

Competitive Strengths

  • Quality assurance, timely payment, and delivery.
  • Strong and widespread clientele base.
  • Multiple business verticals i.e. Carbon Credits Trading, Climate Change Advisory, Business Excellence Advisory, etc.
  • Qualified management team.

Basic details about the company

Full nameEKI Energy Services Limited
Company Websitewww.enkingint.org

Dates to remember

IPO Open24 March 2021
IPO Close26 March 2021
Basis of Allotment01 April 2021
Refunds date06 April 2021
Credit to Demat Account06 April 2021
 Listing Date07 April 2021

IPO details

Issue typeBook Built Issue
IPO issue size₹18.24 Cr₹18.60 Cr
No of shares offered1824000 shares
Face value₹10 per equity share
Price band₹100 to ₹102 per equity share
Retail Allocation35%
Lot size1200 Shares
Minimum application1 Lot-1200 Shares
Minimum application amount₹1,22,400
Listing ExchangeBSE

Financial summary

ParticularsFor the year/period ended (₹ in lakh)
Total Assets2,186.191,609.68412.31276.60
Total Revenue5,996.346,601.901,988.13701.01
Profit After Tax538.58447.4568.0426.91

Company Promoters

  • Mr. Manish Kumar Dabkara

Lead Managers

  • Hem Securities Limited

EKI Energy Services IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Company Contact Information

EKI Energy Services Limited
201, Plot No. 48., Scheme No. 78, Part-II,
Vijay Nagar (Near Brilliant Convention Centre),
Phone: 0731-4289086
Email: cs@enkingint.org

Final thoughts

EKI Energy Services IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing

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  1. Pingback: IPO List 2021: a complete list of IPOs in 2021 - finvestfox.com

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