Prabh Dayal IPO / PDOPIL IPO Dates, Size, Allotment, Bid Details, GMP & DRHP

Last Updated Date: Nov 17, 2022

Let’s have a detailed review of the company and analytics of the Prabh Dayal IPO / PDOPIL IPO release date, IPO offer price, subscription, Prabh Dayal Om Parkash Infrastructure IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters, and other related things.

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Prabh Dayal IPO / PDOPIL IPO Review & Ratings

IPO Ratings & Review
Criteria	Ratings
Industry Sentiments	7.5/10
Industry Ranking	7.1/10
Company Background	7.3/10
Company Reputation	7.2/10
Competitive Edge	7.7/10
Financial Statements	7.1/10
Popularity Index	7.4/10
Promoters Reputation	7.7/10
Retail Appetite	7.1/10
Top Brokers Review	7.9/10
Overall Ratings	7.4/10
Star Ratings	★★★★☆

Summary of Prabh Dayal Om Parkash Infrastructure Limited IPO

Company primarily operates in four distinct product verticals namely: (a) water tanks (b) pipes & fittings (c) solar mounting structure and (d) waste collection and other plastic products. The Company is an ISO 14001:2015 and OHSAS 18001:2007 certified Company and possesses Compliance Certificate from UK Certification & Inspection Limited to use “CE” mark on specified products.

Products are sold across 21 states and 2 Union Territories of India through distributors, dealers and direct sales. During F.Y. 2017-18, revenue from Delhi, Haryana and Uttar Pradesh contributed approximately 83% of total revenue from operations.

Prabh Dayal IPO PDOPIL IPO

The Promoters of this company is Mr. Bharat Aggarwal & Bharat Sons HUF. The lead manager to the issue is Hem Securities Limited and the Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.

From FY 2016-17 to FY 2018-19, as per the Restated Financial Statements

As per restated financial statements for the six months period ended on September 30, 2018, fiscal year ended on March 31, 2018, March 31, 2017 and March 31, 2016, the total revenue of Company (including other income) stood at Rs. 11,365.36 lakhs, Rs. 16204.51 lakhs, Rs. 11552.98 lakhs and Rs. 12168.24 lakhs respectively.

Further, PAT for the six months period ended on September 30, 2018 and fiscal year ended on March 31, 2018, March 31, 2017 and March 31, 2016, stood at Rs. 226.38 lakhs, Rs. 371.28 lakhs, Rs. 197.89 lakhs and Rs. 254.45 lakhs respectively.

List of Upcoming IPOs in 2019

Prabh Dayal Om Parkash Infrastructure Limited IPO Date

The opening and the closing date of Prabh Dayal IPO / PDOPIL IPO is not known yet.

Prabh Dayal IPO / PDOPIL IPO Subscription

Day / Date	QIB	NII	RII	Total Subscription
1st Day –
2nd Day –
3rd Day –
4th Day –
5th Day –
Shares Offered or Net Issue

The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.

Prabh Dayal IPO / PDOPIL IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Prabh Dayal IPO / PDOPIL IPO Price Band

The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed.

Prabh Dayal IPO / PDOPIL IPO Equity Share Offering

Issue of 41,28,000 Equity Shares of face value of Rs.10/- each for cash at a price of Rs. [ ] per Equity Share (including a share premium of Rs.[ ] per Equity share) aggregating Rs. [ ] lakhs.

Prabh Dayal Om Parkash Infrastructure Limited – Company Overview

Company was originally incorporated as “Prabh Dayal Om Parkash Infrastructure Private Limited” on September 29, 2008 vide Registration no. 183821 (CIN: U45400DL2008PTC183821) under the provisions of the Companies Act, 1956 with the Assistant Registrar of Companies, National Capital Territory of Delhi and Haryana.

Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 28, 2018, company was converted into a Public Limited Company and consequently the name of the Company was changed from “Prabh Dayal Om Parkash Infrastructure Private Limited” to “Prabh Dayal Om Parkash Infrastructure Limited” vide a fresh Certificate of Incorporation dated April 16, 2018 issued by the Registrar of Companies, Delhi.

Business strategies of Prabh Dayal Om Parkash Infrastructure Limited

Expansion of our geographical footprint and brand recognition
Increase focus on value added products within the plastic product industry
To pursue opportunities in solar structure business
Continue to develop cordial relationship with our Suppliers, Customer and employees
Improving operational efficiency and product quality

Prabh Dayal Om Parkash Infrastructure Limited – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary of Prabh Dayal Om Parkash Infrastructure Limited IPO

On the basis of Standalone statement:-

Amount (in INR & lakhs)
	31-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	9,131.58	8,706.28	6,588.57	5,292.48
Total Revenue	11,365.36	16,204.51	11,552.98	12,168.24
Total Expense	11090.89	15,646.03	11,248.92	11,782.49
Profit After Tax	226.38	371.28	197.89	254.45

Earnings per Equity Share (in lakhs)

	31-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16
Basic & Diluted	1.97	3.23	1.72	2.21

From the above statements, one could find that Prabh Dayal Om Parkash Infrastructure Limited may perform well.

Prabh Dayal IPO / PDOPIL IPO – Promoters

The Promoter of this company is:

Mr. Bharat Aggarwal & Bharat Sons HUF

List of Related Parties (Key Managerial Personnel)

Mr. Bharat Aggarwal, Chairman and Managing Director
Mr. Shreyansh Aggarwal, Whole time Director & Chief Financial Officer
Mr. Suneel Sahu, company Secretary and Compliance Officer

Interest in promotion of the Company

Apart from the shares held in the Company and to extent of remuneration allowed and reimbursement of expenses incurred by them for or on behalf of the Company and to the extent of loans and advances made to or borrowed from the Company, none of key managerial personnel are interested in Company

Property Interest

KMPs do not have any other interest in any property acquired by Company in a period of two years before filing of this Draft Red Herring Prospectus or proposed to be acquired by company as on date of filing the Draft Red Herring Prospectus with RoC.

Interest in Intellectual Rights of the Company

As on the date of filing of the Draft Red Herring Prospectus, the Company does not own any intellectual property rights.

Prabh Dayal Om Parkash Infrastructure Limited IPO Offer Details or Issue Details

Particulars	No. Of Equity Shares
Equity Shares Offered	Up to 41,28,000* Equity Shares aggregating up to Rs. [●] lakhs
Of which:
Reserved for Market Makers	[●] Equity Shares aggregating up to Rs. [●] lakhs
Net Issue to the Public	Up to [●] Equity Shares aggregating up to Rs. [●] lakhs
Of which:
Retail Investors Portion	Not less than [●] Equity Shares aggregating up to Rs. [●] lakhs
Non-Retail Investors Portion	Not more than [●] Equity Shares aggregating up to Rs. [●] lakhs
Equity Shares outstanding prior to the Issue	1,15,00,000 Equity Shares
Equity Shares outstanding after the Issue	[●] Equity Shares

Prabh Dayal Om Parkash Infrastructure Limited IPO Issue Object

These are the IPO Issue Objects of the company

To meet Working Capital requirements
General Corporate Purpose
To meet issue expenses

Prabh Dayal IPO / PDOPIL IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

Wide range of Products
Diversified Client Base
Experienced Promoter supported by dedicated Management team
Certifications and compliance with Quality Standards
In-house inspection and testing facilities

The relevant quantitative factors are:

On the basis of standalone statement:-

	Basic & Diluted EPS	RONW	NAV (Rs.)
Sep-18	1.97	8.91&	22.14
Mar-18	3.23	16.03%	22.10
31-Mar-17	1.72	10.18%	–
Mar-16	2.21	14.57 %	–

Price to Earnings (P/E) ratio in relation to Issue Price of Rs. [ ]:

Particulars	P/E ratio
Highest	31.43
Average	5.97
Lowest	15.15

Competitive Peers:

Name of Company	Current Market Price (Rs.)	Face Value (Rs.)	EPS(Rs.)	PE	RoNW (%)	Book Value (Rs.)	Total Income (Rs. in crores
Prabh Dayal Om Parkash Infrastructure Limited	[●]	10	5.28	[●]	21.44	24.62	113.65
Supreme Industries Limited	1068	2	33.98	31.43	22.12	149.15	4983.81
Finolex Industries Limited	507	10	28.59	17.73	17.70	186.63	2856.73
Sintex Plastics Technology Limited	20.60	1	2.21	9.32	4.17	56.21	13.69
Nilkamal Limited	1423.85	10	82.74	17.21	14.73	586.66	2115.59
Skipper Limited	68.50	1	11.48	5.97	20.27	61.66	210981
Pennar Industries Limited	35.75	5	3.88	9.21	11.47	44.05	1254.62

Prabh Dayal IPO / PDOPIL IPO Lead Managers

Lead Managers

HEM SECURITIES LIMITED
904,A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Website: www.hemsecurities.com
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Contact Person :Mr. Anil Bhargava
SEBI Regn. No. INM000010981

Prabh Dayal IPO / PDOPIL IPO Registrar to offer

Registrar to the Offer

BIGSHARE SERVICES PRIVATE LIMITED
Address:-1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road,
Marol, Andheri East, Mumbai – 400059
Tel No.:+91-022-62638200Fax No.: +91-022-62638299
Website:www.bigshareonline.com
Email:ipo@bigshareonline.com
Contact Person: Mr. Ashok Shetty
SEBI Regn. No.: INR000001385