Pratham EPC Projects IPO Hits New Heights, 45.06x Subscription on Day 2!

Day 2 of Pratham EPC Projects IPO saw a massive 45.06x subscription, showing strong investor faith in the company's future potential and market position.
Pratham EPC

On its second day, the Pratham EPC Projects Limited IPO experienced a substantial surge in interest, with the issue being subscribed an impressive 45.06 times. This robust demand from investors shows a strong belief in the company’s potential and a positive outlook on its future performance. Such a high subscription rate is deepening investor confidence and enthusiasm for Pratham EPC Projects Limited’s market prospects, reflecting an optimistic sentiment towards the company’s growth trajectory and operational capabilities.

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Pratham EPC Projects Limited IPO – Fundamental Analysis

Pratham EPC Projects Ltd recent IPO reveals a financial landscape marked by a slight dip in FY2023 revenue but overall growth since FY2021. Equity has surged, tripling from FY2021 to FY2023. Profits have soared to ₹1,017.04 lakhs in FY2023, reflecting operational efficiency. Despite a higher debt to equity ratio, indicating increased leverage, the company maintains a healthy liquidity position and shows improved inventory turnover and net profit ratios.

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Pratham EPC Projects Limited IPO  – Risks And Challenges 

Pratham EPC Projects Ltd faces several risks, including the potential impact of ongoing legal issues, which could materially harm its business operations and financial health. Additionally, failing to meet client expectations could lead to lost business or financial penalties. The company’s reliance on a limited number of key customers also presents a risk, as losing any major client could significantly affect its revenue streams and profitability.

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Upcoming Buyback Of Shares 2024  

In 2024, several prominent companies are offering share buybacks, allowing shareholders to sell shares back at attractive prices. This reduces

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