Absolute Projects (India) Limited
₹90.0
https://rookcapital.in/
Introduction
Absolute Projects (India) Limited (APIL) is a New Delhi-based EPC company founded in 1995, specializing in power transmission and distribution infrastructure. With nearly three decades of experience, the company executes turnkey projects such as ... Read More
| P&L Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 141 | 248.2 | 306.7 |
| Cost of Material Consumed | 139.3 | 245.7 | 288.3 |
| Change in Inventory | -9 | -23.8 | -20.3 |
| Gross Margins | 7.59 | 10.6 | 12.62 |
| Employee Benefit Expenses | 1.9 | 2.4 | 3 |
| Other Expenses | 2.7 | 3.3 | 6.7 |
| EBITDA | 6.1 | 20.6 | 29 |
| OPM (%) | 4.33 | 8.3 | 9.46 |
| Other Income | 0.7 | 2.8 | 5.4 |
| Finance Cost | 2.3 | 3.3 | 4.5 |
| D&A | 0.4 | 0.5 | 0.7 |
| EBIT | 5.7 | 20.1 | 28.3 |
| EBIT Margins (%) | 4.04 | 8.1 | 9.23 |
| PBT | 4 | 19.6 | 29.2 |
| PBT Margins (%) | 2.84 | 7.9 | 9.52 |
| Tax | 1 | 5 | 8.2 |
| PAT | 3 | 14.6 | 21 |
| NPM (%) | 2.13 | 5.88 | 6.85 |
| EPS | 43.73 | 198.37 | 254.55 |
Assets
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 10.8 | 10.4 | 15.2 |
| CWIP | 0 | 0 | 2 |
| Investments | 0.18 | 0.2 | 0.03 |
| Trade Receivables | 33.5 | 17.6 | 67.2 |
| Inventory | 25.8 | 52.9 | 68.2 |
| Other Assets | 68.72 | 119.9 | 133.37 |
| Total Assets | 139 | 201 | 286 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 6.86 | 7.36 | 8.25 |
| FV | 100 | 100 | 100 |
| Reserves | 34.7 | 49.4 | 94.9 |
| Borrowings | 23.5 | 31 | 88.6 |
| Trade Payables | 60.3 | 68.7 | 66.8 |
| Other Liabilities | 13.64 | 44.54 | 27.45 |
| Total Liabilities | 139 | 201 | 286 |
| Particulars | 2023 | 2024 | 2025 |
|---|---|---|---|
| PBT | 4 | 19.6 | 29.2 |
| OPBWC | 6.4 | 21.5 | 31 |
| Change in Receivables | 5 | 16.2 | -51 |
| Change in Inventories | -10.2 | -27 | -15.3 |
| Change in Payables | 8.9 | 8.4 | -1.9 |
| Other Changes | -15.5 | -3.6 | -27 |
| Working Capital Change | -11.8 | -6 | -95.2 |
| Cash Generated From Operations | -5.4 | 15.5 | -64.2 |
| Tax | -1.6 | -3.8 | -6.2 |
| Cash Flow From Operations | -7 | 11.7 | -70.4 |
| Purchase of PPE | -3.8 | -0.08 | -10 |
| Sale of PPE | 0 | 0 | 5.5 |
| Cash Flow From Investment | 0.6 | -4.2 | -8.6 |
| Borrowing | 13 | 7.4 | 57.7 |
| Dividend | 0 | 0 | 0 |
| Equity | 0 | 0.5 | 25.5 |
| Others From Financing | -2.3 | -3.3 | -4.5 |
| Cash Flow From Financing | 10.7 | 4.6 | 78.7 |
| Net Cash Generated | 4.3 | 12.1 | -0.3 |
| Cash at the Start | 0.09 | 4.4 | 16.5 |
| Cash at the End | 4.39 | 16.5 | 16.2 |
Step,Action Item,Details 1,Booking Confirmation,Confirm your booking of Absolute Projects (India) Limited Unlisted Shares at the agreed trading price. 2,KYC Submission,"Provide your Client Master Report (CMR), PAN Card, and a Cancelled Cheque (if funds are from a different account than the one in the CMR)." 3,Bank Details,Rook Capital will provide the official bank account details for the transaction. 4,Fund Transfer,"Transfer funds via RTGS, NEFT, IMPS, or Cheque Transfer. Please note: No Cash Deposits are accepted." 5,Account Verification,Payment must be made from the same bank account linked to the demat account where shares will be credited. Buy Procedure for Absolute Projects (India) Limited | Rook Capital
| Step | Action Item | Details | 1.Booking Confirmation | Confirm your booking of Absolute Projects (India) Limited Unlisted Shares at the agreed trading price. | 2.KYC Submission | Provide your Client Master Report (CMR), PAN Card, and a Cancelled Cheque (if funds are from a different account than the one in the CMR). | 3.Bank Details | Rook Capital will provide the official bank account details for the transaction. | 4.Fund Transfer | Transfer funds via RTGS, NEFT, IMPS, or Cheque Transfer. Please note: No Cash Deposits are accepted. | 5.Account Verification | Payment must be made from the same bank account** linked to the demat account where shares will be credited. |
Delivery Timeline & Important Guidelines
Transfer Window: Shares will be transferred within 24 hours, provided funds are credited before 2:00 PM. * Regulatory Lock-in: As per SEBI regulations, there is a 6-month lock-in period following the listing date. You can only sell these Pre-IPO shares once 6 months have passed from the official listing day. Contact: For any queries or assistance, please reach out to us at sales@rookcapital.in or visit rookcapital.in.
Step,Action Item,Details 1,Price Confirmation,Rook Capital will confirm the official buying price for your Absolute Projects (India) Limited shares. 2,Share Transfer,We will provide our Client Master Report (CMR). You must then transfer the shares to the Rook Capital demat account. 3,Bank Details,"Once the shares are successfully received in our demat account, we will request your bank account details." 4,Payment Timeline,Funds will be transferred to your bank account within 24 hours of the shares being credited to our account. 5,Payment Mode,"Payments are processed via RTGS, NEFT, IMPS, or Cheque Transfer. No Cash Deposits are permitted." 6,Verification,"Funds are only transferred to the account linked to your demat. If using a different account, a cancelled cheque with your name is required for verification." Sell Procedure for Absolute Projects (India) Limited | Rook Capital
| Step | Action Item | Details |
1.Price Confirmation | Rook Capital will confirm the official buying price for your Absolute Projects (India) Limited shares. | 2.Share Transfer | We will provide our Client Master Report (CMR). You must then transfer the shares to the Rook Capital demat account. | 3.Bank Details | Once the shares are successfully received in our demat account, we will request your bank account details. | 4.Payment Timeline | Funds will be transferred to your bank account within 24 hours of the shares being credited to our account. | 5.Payment Mode | Payments are processed via RTGS, NEFT, IMPS, or Cheque Transfer. No Cash Deposits are permitted. | 6.Verification| Funds are only transferred to the account linked to your demat. If using a different account, a cancelled cheque** with your name is required for verification. |
Important Terms & Conditions
The lock-in period for Absolute Projects (India) Limited varies depending on the category of investors:
1. For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Absolute Projects (India) Limited.
2. For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period.
3. For other types of investors, which include Retail Investors, High Net-worth Individuals (HNIs), or Body Corporates, the lock-in period is 6 months from the date of the IPO listing of Absolute Projects (India) Limited. This regulation was introduced by SEBI in August 2021. The rule change, which reduced the lock-in period from one year to six months, was aimed at encouraging more investments in startups that are preparing for public offerings or IPOs. This reduction in the lock-in period is seen as a significant step forward, and since its introduction, many Portfolio Management Services (PMS) have been advising their clients to invest in Pre-IPO shares to capitalize on the benefits of early-stage investments.
However, for SME IPOs, the lock-in period is of One year.
Investing in NSE Unlisted Shares involves risks like limited liquidity, regulatory changes, and the potential delay in share transfer due to the requirement of board approval. Investors should also consider the market conditions and the company's financial performance before investing.
There are no additional costs such as stamp papers, document preparation charges, or consultant fees.
Stamp Duty and DP charges are now included in the price of the shares, making the transaction completely transparent and all-inclusive.
You need to submit your Client Master List (CML) copy, PAN card, Aadhar card, and a cancelled cheque for KYC purposes.
Method,Approach,Description 1,Benchmark Valuation (Latest Funding),"We examine the most recent funding rounds for Absolute Projects (India) Limited. This provides a benchmark valuation based on what institutional investors and industry experts have recently paid, capturing real-time market sentiment." 2,Comparative Analysis (Listed Peers),"If recent funding data is unavailable, we identify listed companies with similar business models, sizes, and industries. By analyzing the performance metrics and market multiples of these peers, we derive a fair valuation for Absolute Projects (India) Limited." Valuation Methodology for Absolute Projects (India) Limited | Rook Capital
At Rook Capital, we employ a meticulous and strategic approach to valuing Absolute Projects (India) Limited, utilizing two primary methods to ensure accuracy and market relevance:
| Method | Approach | Description | | :--- | :--- | :--- | | 1 | Benchmark Valuation (Latest Funding) | We examine the most recent funding rounds for Absolute Projects (India) Limited. This provides a benchmark valuation based on what institutional investors and industry experts have recently paid, capturing real-time market sentiment. | | 2 | Comparative Analysis (Listed Peers) | If recent funding data is unavailable, we identify listed companies with similar business models, sizes, and industries. By analyzing the performance metrics and market multiples of these peers, we derive a fair valuation for Absolute Projects (India) Limited. |
Investor Advisory
As experts in the unlisted space, Rook Capital emphasizes the importance of thorough risk assessment. It is crucial for investors to evaluate all risk parameters—including liquidity, regulatory lock-ins, and company financials—before investing in unlisted shares.
Conducting due diligence is the key to making informed and strategic investment decisions in the dynamic and evolving pre-IPO market.
Official Website: [rookcapital.in](https://rookcapital.in) Inquiries: sales@rookcapital.in
When you purchase Absolute Projects (India) Limited through RookCapital, it's important to note that, as per SEBI regulations, these shares can only be transferred to a demat account.
There are two primary ways to check the credit of Absolute Projects (India) Limited in your account:
1. Using NSDL or CDSL Applications:
Download the NSDL or CDSL application from the Google Play Store.
To determine whether your stock broker is registered with NSDL or CDSL, you can examine the format of your Demat Account number. The Demat Account number consists of 16 characters, combining the DP ID and Client ID.
DP ID is the unique identification number of the Broker, assigned by CDSL or NSDL.
Client ID is the unique identification number of the Client, representing their portfolio.
In CDSL, the Demat Account number is entirely numeric (e.g., 12345678 for DP ID and 91234567 for Client ID).
In NSDL, the first two characters are alphabetic, representing the country (e.g., 'IN' for India), followed by a 6-digit unique number for the Broker (DP ID) and an 8-digit Client ID (e.g., IN123456 for DP ID and 78912345 for Client ID).
2. Checking in Broker's Application:
The credit of Absolute Projects (India) Limited can also be checked in your broker's application. However, it's important to note that it may take T+2 days for the shares to show up in the application after the transaction.
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
In recent years, the unlisted share market has expanded significantly, leading to a reduction in the minimum investment amount. Previously, the typical investment ticket size ranged from 5-10 Lakhs, but in the current market scenario, it has decreased to between 35-50k. Therefore, through our RookCapital, platform, if someone wishes to invest in Absolute Projects (India) Limited, the minimum investment required would now be in the range of 35-50k