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This Article is From Mar 21, 2022

PKH Ventures IPO - Diversified Business Model: IDBI Capital

PKH Ventures IPO - Diversified Business Model: IDBI Capital
A crane stands silhouetted at sunrise on a construction site. (Photographer: SeongJoon Cho/Bloomberg)  

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital's IPO Report

PKH Ventures Ltd. was incorporated on March 23, 2000 and is in the business of construction and development, hospitality and management services.

PKH Ventures has been executing various construction projects since 2015. These include civil construction for residential and commercial buildings, certain civil works projects, Mumbai Hotels and a Government Project.

The company plans fresh Issue of up to 1,82,58,427 equity shares and offer for sale of up to 98,31,461 equity shares. Fresh issue to invest Rs 1,236 million in 16 mega watt Halaipani Hydro Project Pvt. Ltd., invest Rs 800 million in construction for funding working capital requirements and pursuing inorganic growth of Rs 400 million through acquisitions and other strategic initiatives.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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