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IPOPranik Logistics Ltd IPO

  • Price Range

    ₹73 - ₹77

  • Min. Quantity

    1,600 Shares

  • Closes on

    14 October 2024

  • Min. investment

    ₹1,23,200

Pranik Logistics Ltd IPO Timeline

EventDate
Pranik Logistics Ltd IPO Opening Date10 October 2024
Pranik Logistics Ltd IPO Closing Date 14 October 2024
Basis of Allotment15 October 2024
Initiation of Refunds16 October 2024
Credit of Shares to Demat16 October 2024
Pranik Logistics Ltd IPO Listing Date17 October 2024

Pranik Logistics Ltd IPO Details

Pranik Logistics Ltd IPO Date10 October 2024 to 14 October 2024
Pranik Logistics Ltd IPO Face Value₹10 per share
Pranik Logistics Ltd IPO Price₹73 to ₹77 per share
Pranik Logistics Ltd IPO Lot Size1,600
Issue Size Shares of ₹10 (aggregating up to ₹22.47 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹22.47 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersPranav Kumar Sonthalia, Shradha Kumari, Minal Sonthalia

Pranik Logistics Ltd IPO Lot Size

The Pranik Logistics Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,23,200).

Application LotsSharesAmount
Minimum11,600₹1,23,200
Maximum11,600₹1,23,200
  • Risks
  • Opportunities
  • Timely and safe deliveries.
  • Experienced management team and a motivated and efficient work force.
  • Cordial relations with our clients.

Company Financials

Pranik Logistics Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202562.32106.046.44
03-202435.6867.74.07
03-202323.5360.910.93
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Investment in Technology/ERP
  • Capital Expenditure
  • Working Capital Requirement
  • General Corporate Purposes

Pranik Logistics Ltd IPO Promoter Holding

Pre Issue Share Holding98.24%
Post Issue Share Holding72.2%

Pranik Logistics Ltd IPO Subscription Status (Bidding Detail)

The Pranik Logistics Ltd IPO is subscribed 201.3005 times on 14 October 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----201.3005

Pranik Logistics Ltd IPO Prospectus

Pranik Logistics Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In NSE - SME
ISININE0VJG01014
IPO Price₹-
Face Value-

Company Contact Information

Pranik Logistics Ltd
P.S.Srijan Tech Park Plot # 52Block DN 14th Flr Sector V S.L,Kolkata-700091
Phone: +91 76678 52418
Email: ayon@pranikgroup.com
Website: www.pranikgroup.com

Pranik Logistics Ltd IPO Registrar

Phone:011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com

Pranik Logistics Ltd IPO Lead Manager(s)

  1. Narnolia Financial Services Ltd

How to Check the Allotment Status of Pranik Logistics Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Pranik Logistics Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Pranik Logistics Ltd IPO

    Pranik Logistics Limited was incorporated as a Private Limited Company under the name of 'Pranik Logistics Private Limited' vide Certificate of Incorporation dated February 24, 2015, issued by Registrar of Companies, Kolkata. Further, Company converted into a Public Limited Company and the name was changed to 'Pranik Logistics Limited' & Registrar of Companies, Kolkata issued a new Certificate of Incorporation upon conversion dated March 07, 2024.

    FAQ