PKH Ventures Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the PKH Ventures Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹140 - ₹148
Per ShareLot Size
100 Shares
Minimum Investment
₹14,000
Issue Size
₹358.85 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
PKH Ventures Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
63.69%
Issue Type
Book Building
ISIN
INE0J4A01011
About the Company
PKH Ventures Limited is conducting business under three (3) broad verticals, namely, Construction & Development, Hospitality and Management Services. As regards Construction, it undertakes the civil works for residential and commercial buildings and also develops its own residential, commercial building and BOT/HAM projects. In Hospitality segment, the company owns and operates two (2) hotels and manage one (1) resort & spa at Aamby Valley, Lonavala. It also owns and/or manages and operates certain restaurants and QSRs under its own brands. The Company provides maintenance of buildings and service certain water pumping projects at Mumbai under its Management Services segment.
Industry Overview
The Company is a diversified company conducting business under three (3) broad verticals, namely, Construction & Development, Hospitality and Management Services.
Company History
PKH Ventures Limited was originally incorporated as `P. K. Hospitality Services Private Limited' on March 23, 2000, as a private limited company, in accordance with the provisions of the erstwhile Companies Act, 1956, pursuant to a certificate of incorporation dated March 23, 2000 issued by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Thereafter, name of the Company was changed to `PKH Ventures Private Limited' and a fresh certificate of incorporation dated June 10, 2021 was issued to the Company by the RoC. Subsequently, the Company was converted to a public limited company, pursuant to a special resolution passed by its shareholders in the extra ordinary general meeting held on August 7, 2021 and the name of the Company was changed to `PKH Ventures Limited' and a fresh certificate of incorporation dated August 20, 2021 was issued to the Company by the RoC.
Products & Services
- PKH Ventures Limited is in the business of Construction & Development, Hospitality and Management Services.
Growth Strategy
- Pursuing other segments within the Construction & Development vertical.
- Enhance its portfolio of Civil Construction and BOT/ HAM projects.
- Expanding its hospitality portfolio by developing new hotels and restaurants.
- Acquiring businesses with real estate and high growth potential.
- Improving operational efficiencies
Customer Base
Wholesalers and Retailers
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY22, FY24 and FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 2,56,32,000 equity shares of face value of Rs. 5 each ("Equity Shares") of PKH Ventures Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] crores. The offer comprises fresh issue of up to 1,82,58,400 equity shares aggregating up to Rs. [*] crores ("Fresh Issue") and an offer for sale of up to 73,73,600 equity shares by the promoter, Pravin Kumar Agarwal aggregating up to Rs. [*] crores (the "Promoter Selling Shareholder") (the "Offer for Sale", and together with the fresh issue, the "Offer"). The offer will constitute [*]% of the post-offer paid-up equity share capital. Price Band: Rs. 140 to Rs. 148 per equity share of face value of Rs. 5 each. The floor price is 28 times of the face value of the equity shares and the cap price is 29.60 times of the face value of the equity shares. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Diversified business
- Established Track record
- Effective and Efficient Capital Deployment
- Experience in the Construction & Development of complex buildings and projects.
- Asset light model for its Construction & Development business.
- Covid-19 has had a considerable impact and could continue to affect its business, especially the Hospitality vertical.
- The company derive significant revenues from the Construction & Development vertical and its financial condition would be materially and adversely affected if the company fail to obtain new contracts or its current contracts are terminated.
- The Third Party Developer Order Book of Garuda Construction may not be representative of its future results and its actual income may be significantly less than the estimates reflected in its Third Party Developer Order Book, which could adversely affect its results of operations.
- Significant portion of revenues from its Construction & Development activity come from the Government of India, through Delhi Police. Any dispute with the Delhi Police leading to a delay or cessation of annuity payments may result in a material adverse effect on its financial condition.
- Its Hydro Power Project faces weather related risks like floods, cloudburst, landslides and such environmental risks. In such an event, the Hydro Power Project may get severely damaged or partly or completely destroyed leading to a major capital and revenue loss.