Pranik Logistics Ltd
Price Range
₹73 - ₹77
-
Min. Quantity
1,600
Closes on
14 October 2024
-
Min. investment
₹1,23,200/1,600 Shares
Pranik Logistics Ltd IPO Timeline
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.
| Event | Date |
|---|---|
| Pranik Logistics Ltd IPO Opening Date | 10 October 2024 |
| Pranik Logistics Ltd IPO Closing Date | 14 October 2024 |
| Basis of Allotment | 15 October 2024 |
| Initiation of Refunds | 16 October 2024 |
| Credit of Shares to Demat | 16 October 2024 |
| Pranik Logistics Ltd IPO Listing Date | 17 October 2024 |
Pranik Logistics Ltd IPO Details
| Pranik Logistics Ltd IPO Date | 10 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 Size | 1,600 |
| 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 Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pranav 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,23,200 |
| Maximum | 1 | 1,600 | ₹1,23,200 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 35.68 | 67.7 | 4.07 |
| 03-2023 | 23.53 | 60.91 | 0.93 |
| 03-2022 | 14.04 | 33.61 | 0.32 |
| 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 Holding | 98.24% |
| Post Issue Share Holding | 72.2% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 201.3005 |
Pranik Logistics Ltd IPO Prospectus
Pranik Logistics Ltd IPO Listing Date
| BSE Script | 93248 |
| NSE Symbol | PRANIK |
| Listing In | NSE - SME |
| ISIN | INE0VJG01014 |
| IPO Price | ₹77 |
| Face Value | ₹10 |
Company Contact Information
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
Pranik Logistics Ltd IPO Lead Manager(s)
- Narnolia Financial Services Ltd
FAQ
What is the issue size of Pranik Logistics Ltd IPO?
I have pre-applied for Pranik Logistics Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.