30 June 2023
4 July 2023
Rs. 379.00 Cr
12 July 2023
₹ 140 to ₹ 148 per share
PKH Ventures Limited is engaged in the business of Construction & Development, Hospitality, and Management Services. PKH Ventures executes Civil Construction works for Third Party Developer projects. The Civil Construction business is executed by its Subsidiary and construction arm, Garuda Construction. PKH Ventures' Hospitality vertical is in the business of owning, managing, and operating hotels, restaurants, QSRs, spas, and the sale of food products.
Objective of the PKH Ventures IPO: The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Investment by way of equity in our subsidiary, Halaipani Hydro Project Private Limited for the development of Hydro Power Project (Civil Construction and Electromechanical Works), 2. Investment in Garuda Construction project, for funding long-term working capital requirements, 3. Acquisitions and other strategic initiatives; and 4. To fund expenditures towards general corporate purposes.
PKH Ventures IPO lot size is 100 shares.
The IPO comprises a total issue of 25,632,000 shares (aggregating up to ₹379.00 Cr).
The allotment date of PKH Ventures IPO is set for 7th July.
IDBI Capital Market Services Limited is the book runner