PKH Ventures Limited IPO

June 28, 2023

This is to inform you that PKH Ventures Limited is coming out with a public issue to raise Rs.379.35 crore from the market.

The issue opens on June 30 and closes on July 4, 2023.

Details of the PKH Ventures Limited IPO

Company Details :
  • PKH Ventrues Limited are in the business of Construction & Development, Hospitality and Management Services. They execute Civil Construction works for Third Party Developer projects and have been awarded with two (2) Government Projects viz., Hydro Power Project, Nagpur Project and three (3) Government Hotel Development Projects viz., Rajnagar Garhi Project, Pahadikhurd Project and Tara Resort Project, being executed through their Subsidiaries/SPVs/ their Company.
  • Their Hospitality vertical is in the business of owning, managing and operating hotels, restaurants, QSRs, spas and sale of food products. They have concluded the development of the Delhi Police Headquarters in April 2021. They are proposing to develop Forthcoming Development Projects, which include real estate development at Amritsar, Punjab; real estate redevelopment project at Dadar-Matunga, Mumbai; agro processing cluster at Jalore, Rajasthan; cold storage park/facilities at Indore, Madhya Pradesh; and a wellness centre & resort at Chiplun, Maharashtra.
  • Company, post incorporation in the year 2000, was managing and operating restaurants, lounges, retail outlets, food stalls, bars, staff canteens and food supply at various airports across the country. The knowledge and experience of providing these services laid the foundation of their Hospitality vertical. They developed two (2) hotels in Mumbai viz., Golden Chariot Vasai Hotel & Spa and Golden Chariot, The Boutique Hotel near Mumbai International Airport (“Mumbai Hotels”) and has been owning, managing and operating the Mumbai Hotels since FY 2015.
  • They expanded their Hospitality operations into the restaurant space in Mumbai city by opening restaurants in the year 2013 under the brand name Golden Chariot and Balaji. Their Restaurant Casablanca at Sahara Star, Mumbai commenced operations in the year 2017. The QSR business under the brand name Zebra Crossing, Hardy’s Burger and Mumbai Salsa were also launched in the year 2017. In November 2021, their Company extended its Hospitality offering by undertaking the management and operations of Juvana Resort and Spa, a luxury resort at Aamby Valley, Lonavala developed by Golden Chariot Retreats and Infra Private Limited, their Group Company. They are awarded with three (3) Government Hotel Development Projects namely, Rajnagar Garhi Project, Pahadikhurd Project and Tara Resort Project in the State of Madhya Pradesh on DBFOT basis by way of a letter of award each dated November 4, 2022 from the Madhya Pradesh Tourism Board.
Issue Period : Issue opens on: Friday, June 30, 2023
Issue closes on: Tuesday, July 4, 2023
Price Band : Rs.140  to Rs.148 per equity share
Bid Lot : 100 equity shares and in multiple thereafter.
Issue Size : Rs.379.35 crore
Issue break-up : QIB - 50% of the offer – Rs.189.68 crore
NIB - 15% of the offer - Rs.56.90 crore
RET - 35% of the offer - Rs.132.77 crore
Listing : NSE and BSE
Registrar : Link Intime India Private Limited.
UPI : All Retail &  NII Bidders (bids up to ₹ 5,00,000) Applications through brokers are compulsorily in UPI Mode
Note :
  • Application made using third party UPI or ASBA Bank A/c are liable to be rejected.
  • “The UPI Mandate acceptance time for Retail and NII Bidders (bids up to ₹ 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e., Friday, July 04, 2023.”

Watch these 4 videos to know how to apply for the PKH Ventures Limited IPO online easily.

Step 1: Create an UPI ID

Create UPI ID

How to Create UPI ID CTA
Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Authorised UPI ID CTA

Remember these points while applying for IPOs

  • With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
  • You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.
  • Currently, UPI works on the following mobile applications:
    Name of App (Supported Platforms) VPA Handle
    BHIM Baroda Pay (only Android) @BARODAMPAY
    BHIM Oriental Pay (Only Android) @obc
    BHIM RBL Pay (Android & iOS) @rbl
    BHIM (android & iOS) @upi
    BHIM ALLBANK UPI (only Android) @allbank
    BHIM Axis Pay (only android) @axisbank
    BHIM IndusPay (only Android) @indus
    BHIM Lotza UPI (only Android) @federal
    BHIM SBIPay (only android) @sbi
    Citi Mobile (android & iOS) @citi & @citigold
    Google Pay (android & iOS) @okhdfcbank | @okaxis | @oksbi | @okicici
    HSBC Simply Pay (android & iOS) @hsbc
    iMobile by ICICI Bank (android users) @icici
    Kotak Mobile Banking App (Android) @kotak
    Phone-Pe (android & iOS) @ybl
    SIB Mirror+ (only Android) @sib
    BHIM YES PAY (only Android) @yesbank
    DigiBank - DBS (Android & iOS @dbs
    Paytm (Andriod & iOS) @paytm
    BHIM AUPay (Android & iOS) @aubank
    Freecharge (Android & iOS) @freecharge
    BHIM BANDHAN UPI (Android & iOS) @bandhan
    BHIM KBL UPI (Android) @kbl
    Phone-Pe (Android & iOS) @ybl, @axl, @ibl
  • To avoid rejection, download the latest version of the app.
  • Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
  • As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
  • The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
  • If you forget the UPI PIN, simply reset it instead of entering a wrong one.
  • If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
  • There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.
Published by Team Internal Communications
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