South West Pinnacle Exploration Limited IPO

Apply 0
Avoid 0

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.

South West Pinnacle Exploration Limited IPO Stock Quote & Charts



  • Open: 18.00
  • High - Low: 18.90 - 17.80
  • Previous Close: 17.95
  • Total Traded Volume: 4433
  • Updated On: 24-Dec-2019

Objects of the South West Pinnacle Exploration Limited IPO:

1. Repayment/ Prepayment of certain Secured Borrowings availed by our company 2. Repayment/ Prepayment of certain Unsecured Borrowings availed by the company 3. Purchase of Machinery 4. Funding the working capital requirements of the Company 5. General Corporate Purposes

South West Pinnacle Exploration Limited IPO Details:

Open Date: Feb 06 2018
Close Date: Feb 08 2018
Total Shares: 4,596,800
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

Promoters And Management:

1. Piyush Jain 2. Vikas Jain

Lead Manager of South West Pinnacle Exploration Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of South West Pinnacle Exploration Limited IPO:

  1. Link Intime India Private Limited

Company Address:

South West Pinnacle Exploration Ltd, Siddhartha House, 4th Floor, Plot No. 6, Sector 44, Gurgaon Phone: +91 124 4235400 Fax: +91 124 4235402 Email: Website:

Discussion on South West Pinnacle Exploration Limited IPO:

1 Comment

Leave a Reply