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October 07, 2015 5:07 AM ET

Construction and Engineering

Company Overview of Power Mech Projects Limited

Company Overview

Power Mech Projects Limited operates as an integrated power infrastructure services company in India and internationally. The company undertakes erection works, including erection, testing, and commissioning of boilers, turbines, and generators; and balance of plant works for the power sector, as well as other allied industries, such as petrochemicals, steel, and cement. It also provides operation and maintenance services, which comprise annual maintenance contracts, other repairs, renovation and modernization, residual life assessment, scheduled shutdowns, and retro-fits, as well as overhauling, maintenance, and up gradation services for power plants. In addition, the company undertakes var...

Plot No. 77

Jublee Enclave

Opposite Hitex


Hyderabad,  500081


Founded in 1999

2,275 Employees


91 40 3044 4444


91 40 3044 4400

Key Executives for Power Mech Projects Limited

Chairman, Managing Director and Chairman of Corporate Social Responsibility Committee
Age: 52
Total Annual Compensation: $55.8M
Chief Financial Officer and Vice President of Finance
Chief Operating Officer, Executive Director and Chairman of IPO Committee
Age: 58
Total Annual Compensation: $1.8M
General Manager of Finance and Accounts
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2015.

Power Mech Projects Limited Key Developments

Power Mech Projects Mull IPO

Power Mech Projects Limited plans to raise nearly INR 2.7 billion through initial public offering (IPO) to meet its working capital requirements and expand presence globally. The issue of 4.269 million equity shares will open on August 7, 2015 and close on August 11, 2015. Power Mech Projects has fixed the price band at INR 615-INR 640 per equity share. "We see a huge growth opportunity in the power sector. Being a service provider, we are raising funds for meeting our working capital requirements," S Kishore Babu, Chairman and Managing Director of Power Mech Projects, said.

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