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South West Pinnacle Exploration Limited IPO
South West Pinnacle Exploration Limited is a Gurgaon, Haryana based company Incorporated in 2006 engaged in the business of providing drilling, exploration and allied services to coal, ferrous, non ferrous, atomic and base metal mining industries and water & unconventional energy industries. Company also provides consultancy for geological field services and allied services. Company has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys.
Company is also into aquifer mapping for Hydro-geological organisations in India for determining the quantity and quality of groundwater in a particular area, viz., water level, productivity and concentration of various chemicals in groundwater. This helps in identifying zones for groundwater development, groundwater recharge, rainwater harvesting etc.
Company has 37 operational rigs. Company drill upto a depth of 2500 meters and has completed more than 950,000 meters of drilling including 60 CBM exploratory and 166 CBM production wells for both Government and Private Sectors.
Objects of the South West Pinnacle Exploration Limited IPO:
South West Pinnacle Exploration Limited IPO Details:
|Open Date:||Feb 06 2018|
|Close Date:||Feb 08 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||35.86 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 78 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Feb 08 2018|