Pranik Logistics IPO
Pranik Logistics is an NSE SME IPO listed on the NSE SME platform, priced at ₹73–₹77 per share. The stock debuted at ₹79, delivering a listing gain of 2.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,23,200.
Pranik Logistics Limited IPO
- IPO Dates
- Oct 10, 2024 – Oct 14, 2024
- Price band
- ₹73-77 per equity share
- Minimum Investment
- ₹1,23,200
- Issue size
- ₹22.47 Cr
- Lot size
- 1600
- Allotment Date
- Oct 15, 2024
- Listing
- Oct 17, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 10, 2024
Open Date
Completed
-
Oct 14, 2024
Close Date
Completed
-
Oct 15, 2024
Allotment Date
Completed
-
Oct 17, 2024
Listing Date
Completed
Pranik Logistics IPO Essentials
Pranik Logistics IPO Details
Pranik Logistics IPO is priced at ₹73-77 per share with a total issue size of 22.47 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹73-77 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,918,400 shares(aggregating up to ₹22.47 Cr)
- Total issue size
- 29,18,400 shares
(aggregating up to ₹22.47 crore) - Fresh issue
- 29,18,400 shares
(aggregating up to ₹22.47 crore) - Listing at
- NSE SME
- List price
- 79.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Narnolia Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,23,200 |
| Retail(max) | 1 | 1600 | ₹1,23,200 |
| NII (min) | 2 | 3,200 | ₹2,46,400 |
Pranik Logistics IPO Reservation
Pranik Logistics IPO reservation details show category-wise allocation of shares. Out of the total 29,18,400 shares, approximately 19.02% are reserved for QIB, 14.2% for NII, 33.11% for retail investors, 5.54% for market maker, and 28.13% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,20,800 (28.13%) | |
| Market Maker Shares Offered | 1,61,600 (5.54%) | |
| QIB Shares Offered | 5,55,200 (19.02%) | |
| NII (HNI) Shares Offered | 4,14,400 (14.2%) | |
| Retail Shares Offered | 9,66,400 (33.11%) | |
| Total Shares Offered | 29,18,400 (100%) |
Pranik Logistics IPO Analytics
Pranik Logistics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Pranik Logistics IPO Subscription Status
Pranik Logistics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 555,200 / 414,400 | 966,400 | 1,936,000 |
|
Day 1
10-10-24 06:00 PM
|
(0.00 / 0.90) x | 4.57 x | 2.47 x |
|
Day 2
11-10-24 06:00 PM
|
(0.00 / 1.83) x | 8.13 x | 4.45 x |
|
Day 3
14-10-24 06:00 PM
|
(35.67 / 744.44) x | 97.21 x | 218.10 x |
Pranik Logistics Valuations
Earnings
- EPS Pre IPO
- ₹5.02/-
- EPS Post IPO
- ₹3.96/-
- P/E Pre IPO
- 15.33
- P/E Post IPO
- 19.46
Returns
- ROE
- 8.70%
- ROCE
- 11.79%
- RoNW
- 8.70%
- PAT Margin
- 4.88
Fundamentals
- Debt / Equity
- 1.57
- Price / Book
- 3.63
Pranik Logistics Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,568.3 | 2,352.73 | 1,404.48 |
| Revenue | 6,770.08 | 6,090.62 | 3,360.96 |
| Profit After Tax | 406.56 | 93.23 | 31.54 |
| Net Worth | 1,143.19 | 736.63 | 363.96 |
| Reserves & Surplus | 603.74 | 197.18 | 103.95 |
| Total Borrowing | 1,783.95 | 1,382.09 | 577.87 |
Pranik Logistics Company & Offer Insights
About Pranik Logistics
Pranik Logistics Limited offers integrated logistics solutions.
The company is a PAN India logistics provider operating as a freight forwarder and transporter, providing integrated services such as transportation, warehousing, material handling, and freight forwarding to its clients in various industries such as retail, consumer durables, telecom, manufacturing, pharma, etc.
It has its own fleet of 86 commercial vehicles, which can also be leased if required. In addition, the company has a total of 30 warehouses that are managed directly by the company.
Pranik Logistics Promoter(s)
Mr. Pranav Kumar Sonthalia, Ms. Shradha Kumari, Ms. Minal Sonthalia are the company's promoters of Pranik Logistics.
Pranik Logistics IPO Issue Objectives
- •
- To meet the expenses for Investment in technology
- •
- To meet out the Capital Expenditure Requirement of the Company
- •
- To meet out the Working Capital requirements of the Company
- •
- To meet out the General Corporate Purposes
- •
- To meet out the Issue Expenses.
Pranik Logistics IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Pranik Logistics Limited | 7.54 | N/A | 21.19 | N/A | 35.56 | 3.67 | Restated |
| S J Logistics (india) Limited | 20.03 | N/A | 77.36 | N/A | 20.18 | 7.61 | Consolidated |
Notes:
- Considering the nature and turnover of the business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
Contact Information
Contact Details
Pranik Logistics
+91 7667852418
P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata - 700091
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Pranik Logistics IPO is a book-built IPO worth ₹22.47 crore. The price band is ₹73–₹77 per share. The IPO opens on Oct 10, 2024 and closes on Oct 14, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Pranik Logistics IPO is ₹73 to ₹77 per share.
The lot size of Pranik Logistics IPO is 1600 shares.
The minimum investment for Pranik Logistics IPO is approximately ₹1,23,200 based on the upper price band .
Pranik Logistics IPO opens on Oct 10, 2024 and closes on Oct 14, 2024.
The allotment date of Pranik Logistics IPO is Oct 15, 2024.
Pranik Logistics IPO is expected to be listed on Oct 17, 2024, on NSE SME Platform.
Pranik Logistics IPO valuation snapshot: P/E 19.46, EPS ₹3.96/-, P/B 3.63, RoNW 8.70%, and market cap N/A.
To apply for Pranik Logistics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Pranik Logistics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Pranik Logistics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Pranik Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Pranik Logistics IPO allotment status on IPO Ji for quick and easy access.