Primech Holdings Ltd.
We are an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. Our mission is to support businesses by improving lives and strengthening communities through our business practices and ethics. We compete primarily in Singapore, with a small portion of our operations in Malaysia.
We provide general cleaning services and maintenance of public and private facilities, such as airports, conservancy areas (i.e., the public areas, refuse disposal areas, parks and carparks of public housing units), common areas of hotels, educational institutions, public roads, residential spaces, commercial buildings, office facilities, industrial areas, retail stores and healthcare facilities; housekeeping services; specialized cleaning services, such as marble polishing services; building façade cleaning services and clean room sanitation services, and waste management and pest control services.
We derive the majority of our revenue from the provision of facilities services, which accounted for approximately $36.9 million or 77.3% of our revenue in FY 2020 and approximately $40.6 million or 84.4% of our revenue in FY 2021. For the six months ended September 30, 2020 and 2021, we generated approximately $18.7 million or 82.6% of our revenue and approximately $22.9 million or 87.2% of our revenue, respectively, from the provision of facilities services.
Note: For the fiscal year ended March 31, 2021, our revenue was $48.08 million and our net income was $5.36 million.
Note: For the six months ended Sept. 30, 2021, our revenue was $26.24 million and our net income was $405,312.
(Note: Primech Holdings Ltd. filed confidential IPO documents on Nov. 24, 2021.)
|Industry:||SERVICES-TO DWELLINGS & OTHER BUILDINGS|
|Address||23 Ubi Crescent Singapore 408579|
|Phone Number||+65 6286 1868|
|View Prospectus:||Primech Holdings Ltd.|
|Revenues||$51.63 mil (last 12 months)|
|Net Income||$0.92 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$23.0 mil|
|Manager / Joint Managers||Tiger Brokers|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|