EKI Energy IPO Details
EKI Energy IPO description – EKI Energy Services in the business of Climate Change Advisory Services, Carbon Credits Trading, Business Excellence Advisory and Electrical Safety Audits. The company offers its services to various clients in the government and private sectors like power generation, waste management, clean development mechanism, airports and many more industries.
It started in 2011 with the business of climate change advisory services involving consultancy for validation, registration, monitoring, verification, issuance and trading of eligible Carbon Credits Projects as from CDM (Clean Development Mechanism) /VCS (Verified Carbon Standard) Project. In 2015, EKI Energy expanded into carbon credits trading and also started various other services like Business Excellence Advisory Services & Training Services. The company counts World Bank, Airport Authority of India, Azure Power, NTPC, GAIL, GMR Energy, ReNew Power, Fortum, Indian Oil Corporation among its clients.
Promoters of EKI Energy – Mr Manish Kumar Dabkara
| EKI Energy IPO details | |
| Subscription Dates | 24 – 26 March 2021 |
| Price Band | INR100 – 102 per share |
| Fresh issue | 1,824,000 shares (INR18.24 – 18.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,824,000 shares (INR18.24 – 18.60 crore) |
| Minimum bid (lot size) | 1,200 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
EKI Energy financial performance (in INR crore)
| FY2018 | FY2019 | FY2020 | H1 FY2021 | |
| Revenue | 6.99 | 19.76 | 65.90 | 59.90 |
| Expenses | 6.65 | 18.96 | 60.08 | 52.77 |
| Net income | 0.27 | 0.68 | 4.47 | 5.39 |
| Net margin (%) | 3.9 | 3.4 | 6.8 | 9.0 |
Registrar of EKI Energy IPO
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Valuation of EKI Energy IPO (FY2020)
Earnings Per Share (EPS): INR8.86
Price/Earnings (PE ratio): 11.28 – 11.51
Return on Net Worth (RONW): 73.11%
Net Asset Value (NAV): INR12.12 per share
EKI Energy IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.33 |
| Day 2 | 1.15 |
| Day 3 | 4.05 |
EKI Energy Contact Details
EKI Energy Services Limited
201, Plot No. 48.,
Scheme No. 78, Part-II,
Vijay Nagar
Near Brilliant Convention Centre
Indore-452010
Phone: +91 0731-4289086
Email: [email protected]
Website: www.enkingint.org
EKI Energy IPO Allotment Status
EKI Energy IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing Performance of EKI Energy
IPO Opening Date: 24 March 2021
IPO Closing Date: 26 March 2021
Finalisation of Basis of Allotment: 1 April 2021
Initiation of refunds: 6 April 2021
Transfer of shares to demat accounts: 6 April 2021
Listing Date: 7 April 2021
Opening Price on BSE SME: INR140 per share (up 37.25% from IPO price)
Closing Price on BSE SME: INR147 per share (up 44.12% from IPO price)