Pranik Logistics Limited IPO
NSE SMEListed On: Oct 17, 2024 at ₹ 79.0
₹ 123200 /1600 Shares
Check AllotmentExpected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
10 Oct, 2024
Open Date14 Oct, 2024
Close Date15 Oct, 2024
Allotment Date17 Oct, 2024
Listing DateIssue Price
₹73-77 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedList Price
79.0Listing Date
2024-10-17Market Lot
1600 Shares (₹123,200/-)Lead Manager
Narnolia Financial Services LtdIssue Size
2,918,400 shares(aggregating up to ₹22.47 Cr)Retail Portion
35%Subscription
218.10 timesPranik Logistics IPO Details
Pranik Logistics Limited IPO is an SME IPO, priced at ₹73-77 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 29,18,400 equity shares, aggregating up to ₹22.47 crores..
The IPO bidding window is open from Oct 10, 2024 to Oct 14, 2024. The allotment is expected to be finalized on Oct 15, 2024, and the tentative listing date is Oct 17, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,23,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,46,400.
Narnolia Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Prabhat Financial Services Ltd will act as the market maker for this issue.
Pranik Logistics IPO Subscription Details
| 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
EPS Pre IPO
₹5.02/-EPS Post IPO
₹3.96/-P/E Pre IPO
15.33P/E Post IPO
19.46ROE
8.70%ROCE
11.79%Debt/Equity
1.57RoNW
8.70%PAT Margin
4.88Price to Book Value
3.63Pranik Logistics Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: 73.49%
- Mr. Pranav Kumar Sonthalia
- Ms. Shradha Kumari
- Ms. Minal Sonthalia
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.
Other Details
Pranik Logistics
P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata - 700091Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Pranik Logistics IPO - FAQs
Ans. Pranik Logistics Limited IPO is a SME IPO. The issue is priced at ₹73-77 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Oct 10, 2024, and closes on Oct 14, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Pranik Logistics Limited IPO opens on Oct 10, 2024 and closes on Oct 14, 2024.
Ans. The size of Pranik Logistics Limited IPO is 2,918,400 shares(aggregating up to ₹22.47 Cr).
Ans. The IPO price band is set between ₹73-77 per equity share.
Ans. To apply for Pranik Logistics Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Pranik Logistics Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Pranik Logistics Limited IPO is Oct 15, 2024.
Ans. The Pranik Logistics Limited IPO will be listed on Oct 17, 2024.
Ans. Follow the steps to check the allotment status for Pranik Logistics Limited IPO here.
