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EKI Energy Services Limited IPO Detail

EKI Energy Services Limited IPO Detail

Incorporated in 2011, EKI Energy Services is a well-recognized brand in the realm of "climate change, carbon credit, and sustainability solutions" across the globe. Initially, the company started its business as a climate change advisory services such as consultancy services for registration, validation, monitoring, verification, insurance, and trading of eligible Carbon Credits Projects but over the period, it has expanded its services into carbon credits trading, Business excellence advisory services & training services, and Electrical Safety Audits.

The company offers its services to various government and private sector clients in waste management, power generation, clean development mechanism, airports, and others. The firm not only serves customers domestically but also serves clients in countries like Australia, USA, Germany, Europe, etc. Airport Authority of India, World Bank, Azure Power, Kerala State Electricity Board, National Thermal Power Corporation (NTPC), GAIL, GMR Energy Limited, NHPC, Indian Railways, etc. are some of its customers.

Competitive Strengths

  • Quality assurance, timely payment, and delivery.
  • Strong and widespread clientele base.
  • Multiple business verticals i.e. Carbon Credits Trading, Climate Change Advisory, Business Excellence Advisory, etc.
  • Qualified management team.

Company Promoters

Mr. Manish Kumar Dabkara is the promoter of the company.

IPO Details

IPO Opening DateMar 24, 2021
IPO Closing DateMar 26, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price ₹100 - 102 per equity share
Market Lot1200 Shares
Min Order Quantity1200 Shares
Listing AtBSE SME
Issue Size₹18.60 Cr
Fresh Issue-
Offer for Sale-
Retail Portion -

IPO Tentative Timetable

The EKI Energy Services Limited IPO open date is Mar 24, 2021, and the close date is Mar 26, 2021. The issue may list on Apr 07, 2021.

IPO Open DateMar 24, 2021
IPO Close DateMar 26, 2021
Basis of Allotment DateApr 01, 2021
Initiation of RefundsApr 06, 2021
Credit of Shares to Demat AccountApr 06, 2021
IPO Listing DateApr 07, 2021

IPO Lot Size

The EKI Energy Services Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹122400).

ApplicationLotsSharesAmount (Cut-off)
Minimum11200₹122400
Maximum11200₹122400

IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Company Financials:

For the year/period ended (₹ in Crs)

Financial Year Total Assets Total Revenue Profit After Tax
30-Sep-20 2,186.19 5,996.34 538.58
31-Mar-20 1,609.68 6,601.90 447.45
31-Mar-19 412.31 1,988.13 68.04
31-Mar-18 276.60 701.01 26.91

Objects of the Issue:

  • To meet working capital requirements.
  • General corporate purposes.
  • To meet issue expenses.