IPO Price Range: ₹123 - 130
Min Investment
₹1,30,000
IPO Size
₹78 Cr
IPO Status
Live
Quantity in 1 Lot
1000
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 7 Feb 2025 |
Bid Closing Date | 11 Feb 2025 |
Allotment Date | 12 Feb 2025 |
Issue Size | ₹78.07Cr |
Quantity in 1 lot | 1000 |
Proven track record of diversified service offerings encompassing a wide range of industries.
Long term relationship with customers.
Experienced and qualified designing, engineering and execution team.
Professional and experienced management team.
Diverse domain expertise with effective project integration capabilities.
Strong footprint at key economic hubs in India.
Strong and diversified Order Book.
The number of orders the company has received in the past, its current Order Book and the company growth rate may not be indicative of the number of orders the company will receive in the future. Any delays in execution of its orders expose the company to time and cost overruns and variability in revenue, materiality and adversely impacting its revenue from operations, cash flows, financial condition and cash flows.
The Companys derive a significant portion of its revenues from repeat clients. Any loss of, or a significant reduction in the number of repeat clients could adversely affect the company business, results of operations, financial conditions and cash flows.
The Companys derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.
The Company is significantly dependent on both skilled and unskilled labour for the execution of its projects and for its Manufacturing Facility. Any disruption to the supply of such labour, or its inability to control the composition and cost of its contract labor could adversely affect the company business, results of operations, financial condition and cash flows.
The Company depends on skilled talent across various functions to successfully execute projects and meet client standards. Any inability to retain or attract such qualified personnel could negatively affect its business operations.
The Company outsource certain operations of its business, such as transport, logistics and certainmanufacturing activities, to third parties. Any failures by such third parties to deliver their services could have an adverse impact on its business, results of operations, financial condition and cash flows.
The Companys business and profitability are dependent upon the availability and the cost of its fit-out materials used in the projects and raw materials consumed in manufacturing process. Any disruption to the timely and adequate supply of such materials, or volatility in the prices of such materials may adversely impact on its business, results of operations, financial condition and cash flows.
Some of its historical corporate records are not traceable.
The company depends on third party suppliers for a steady supply of both, finished products for installation at project site and raw materials for manufacturing furniture items. The company does not have continuing or exclusive arrangements with any of its suppliers. Loss of suppliers or any failure by the company suppliers to make timely delivery of raw materials may have an adverse effect on its business, results of operations, financial condition and cash flows.
While the company has a diversified geographical presence, its projects have historically been concentrated in the state of Maharashtra and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.
Investors | Holdings % |
Sameer Akshay Pakvasa | 93.94% |
Sonal Pakvasa | 0% |