PES Installations IPO (DRHP filed)
PES Installations Limited filed its draft red herring prospectus with SEBI on 3 Oct 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- DRHP Filed
- DRHP filed
- 3 Oct 2026
- Days since
- 15
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
PES Installations IPO status
PES Installations Limited filed its draft red herring prospectus (DRHP) with SEBI on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 3 Oct 2026 |
|---|---|
| Days since filing | 15 |
| SEBI observation | Awaited |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
PES Installations Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹81.75 Cr to ₹111.38 Cr, and profit after tax rose from ₹13.1 Cr to ₹23.12 Cr. The PAT margin for 31 Mar 2026 was 20.76%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 143.45 | 114.09 | 109.42 |
| Total Income | 111.38 | 81.75 | 97.88 |
| Profit After Tax | 23.12 | 13.10 | 13.44 |
| EBITDA | 33.07 | 19.67 | 20.00 |
| Net Worth | 74.77 | 51.90 | 38.82 |
| Reserve & Surplus | 61.12 | 38.25 | 31.99 |
| Total Borrowings | 15.89 | 17.33 | 14.96 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| ROE % | 36.50 | 28.88 | 41.85 |
| ROCE % | 36.77 | 29.61 | 37.10 |
| Debt / Equity | 0.21 | 0.33 | 0.39 |
| RoNW % | 36.50 | 28.88 | 41.85 |
| Pat Margin % | 20.91 | 16.31 | 13.82 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| PES Installations Ltd. | 10 | — | 8.46 | 8.46 | 36.50% | 54.75 |
| Aparmeya Engineering Ltd | 10 | 44.78 | 2.68 | 2.68 | 7.45% | 32.80 |
Notes
Considering the nature and turnover of business of the Company, the peers are not strictly comparable.However, the same have been included for broader comparison.
The figures for PES Installations Limited are based on the restated results for the period ended March 31, 2026
The figures for the peer group are based on consolidated unaudited results for the period ended March 31, 2026.
Current Market Price (CMP) is the closing price of respective scrip as on September 25,2026.
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 63.00 |
| 2 | General Corporate Purposes | — |
| Total | 63 |
About PES Installations Limited
Incorporated in 1995, PES Installations Limited is an Indian provider of hospital infrastructure solutions, specializing in modular healthcare infrastructure and critical care systems.
The Company operates across two principal business segments: Sale of Goods and Sale of Services. Its Sale of Goods portfolio includes Medical Gas Pipeline Systems ("MGPS"), Modular Operation Theatres ("MOT"), Pneumatic Tube Systems, and Nurse Call Systems. The Sale of Services segment primarily comprises maintenance and after-sales support services.
The Company undertakes both standalone equipment supply contracts and end-to-end integrated turnkey projects. Its turnkey capabilities encompass the complete project lifecycle, including design, engineering, procurement, manufacturing, installation, testing, and commissioning. The Company also provides allied healthcare infrastructure solutions, including Central Sterile Supply Department ("CSSD") solutions, Building Management Systems, fire and life safety systems, integrated security systems, hospital furniture, and medical equipment.
The Company serves clients across both the private and public sectors in India. Its portfolio of ongoing and completed projects includes assignments for prominent healthcare institutions and organizations such as AIIMS – JPNA Trauma Centre, Larsen & Toubro Limited, HITES (PMSSY) PGIMER Chandigarh, and UPRNNL SGPGI Lucknow.
The Company operates a 1,908 square metre manufacturing facility located at Plot No. 2025, Sector 38, Phase II, Rai Industrial Area, Sonipat, Haryana. The facility manufactures components and supports project execution across the Company's various healthcare infrastructure verticals.
The Company has established a pan-India operational presence spanning 19 states and 1 union territory, enabling it to undertake projects across diverse geographic markets.
As of August 31, 2026, the Company had 80 permanent, full-time employees across various operational functions, in addition to contractual personnel engaged for specific project execution requirements.
Promoters
Raghunandan Paul Chadha
Pankaj Chadha
Gaurav Chadha
Contact details
PES Installations Limited
Unit no. 501 & 502
Fifth Floor, Best Business Park
Plot No. P-2, NSP Pitampura
North West Delhi, New Delhi, 110034
Telephone: +91-11-41-094-094
Email: cs@pesinstallations.com
Website: https://www.pesinstallations.com/
PES Installations IPO FAQs
- Has PES Installations IPO filed for an IPO?
- PES Installations Limited filed its draft red herring prospectus (DRHP) with SEBI on 3 Oct 2026.
- When will the PES Installations IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the PES Installations IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.