PES Installations Ltd. IPO Details
PES Installations was incorporated on November 23, 1995. The company provides hospital infrastructure solutions across India, including medical gas pipeline systems, modular operation theatres, pneumatic tube systems and nurse call systems. It offers design, procurement, manufacturing, installation, testing, commissioning and maintenance, along with turnkey projects covering other hospital infrastructure and allied solutions
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 8.3 M | - | - | ₹0 | DRHP DOC |
PES Installations issue details
PES Installations has 8.3 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
PES Installations IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
PES Installations NUMBER OF SHARES ON OFFER
PES Installations FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 110.6 | 23.1 | 2.9 | 2.9 | 29.9% |
| FY25 | 80.3 | 13.1 | 0.3 | 0.2 | 24.5% |
| FY24 | 97.2 | 13.4 | 0.7 | 0.7 | 20.6% |
PES Installations INFORMATION ON IPO ISSUE
About PES Installations
PES Installations was incorporated on November 23, 1995. The company provides hospital infrastructure solutions across India, including medical gas pipeline systems, modular operation theatres, pneumatic tube systems and nurse call systems. It offers design, procurement, manufacturing, installation, testing, commissioning and maintenance, along with turnkey projects covering other hospital infrastructure and allied solutions
Object of the Issue
- Funding the working capital requirements of the company
- General corporate purposes
PES Installations - PROMOTERS
| Name |
|---|
| Raghunandan Paul Chadha |
| Gaurav Chadha |
| Pankaj Chadha |
PES Installations - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Raghunandan Paul Chadha | Managing Director |
| Gaurav Chadha | Whole Time Director |
| Pankaj Chadha | Whole Time Director |
| Shelly Gupta | Independent Director |
| Vikas Sabharwal | Independent Director |
| Aditya Sharma | Independent Director |
PES Installations Book Running Lead Manager
Turnaround Corporate Advisors Private Limited
Pesinstallations.ipo@Turnaroundmb.com
PES Installations Registrar to the Offer
KFIN Technologies Limited
pesinstallations.ipo@kfintech.com
PES Installations Strengths
Quality standards
The company maintains quality and regulatory standards through certifications and approvals, including ISO, CE and applicable manufacturing licences. Its focus on efficient manufacturing and operating costs enables it to offer compliant, quality products at competitive prices
Diverse customer base
The company primarily serves government and private hospitals and other healthcare institutions across India. Its products and services are tailored to meet project-specific technical, quality, delivery and service requirements
Project execution capabilities
The company manufactures and assembles key MOT and MGPS components at its facility in Rai, Sonipat, Haryana, supported by in-house design and engineering capabilities. Its dedicated project teams coordinate estimation, design, procurement, manufacturing, testing, installation and commissioning to deliver customised solutions as per customer requirements
PES Installations Risks
Safety incidents risks
The company’s manufacturing and installation activities involve risks such as fire, electrical hazards, machinery-related injuries and pressurised medical gas incidents. Accidents could disrupt operations, lead to compensation claims, regulatory penalties, reputational damage and loss of future business
Depend on healthcare industry
The company’s business depends on capital expenditure by hospitals and healthcare institutions for new facilities, expansion and infrastructure upgrades. Any slowdown in private or government healthcare spending could reduce project opportunities, increase competition and create pricing pressure
Competition
The company faces competition from regional, local and established players, with price, technical expertise, track record and product specifications influencing project awards. Competitive pressure may require lower bids, discounts and higher marketing expenses, which could reduce market share and profitability
IPO FAQs
The promoters of the company are Raghunandan Paul Chadha, Gaurav Chadha and Pankaj Chadha.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.