IPO

Pranik Logistics Limited IPO

NSE SME

Listed On: Oct 17, 2024 at ₹ 79.0

₹ 123200 /1600 Shares

Check Allotment

Expected 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.

Pranik Logistics IPO Details

10 Oct, 2024

Open Date

14 Oct, 2024

Close Date

15 Oct, 2024

Allotment Date

17 Oct, 2024

Listing Date

Issue Price

₹73-77 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

79.0

Listing Date

2024-10-17

Market Lot

1600 Shares (₹123,200/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

2,918,400 shares(aggregating up to ₹22.47 Cr)

Retail Portion

35%

Subscription

218.10 times

IPO Docs

DRHP RHP

Pranik Logistics IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved555,200 / 414,400966,4001,936,000
Day 1 - 10-10-24 06:00 PM0.00 / 0.90 x4.57 x2.47 x
Day 2 - 11-10-24 06:00 PM0.00 / 1.83 x8.13 x4.45 x
Day 3 - 14-10-24 06:00 PM35.67 / 744.44 x97.21 x218.10 x
Total No. of Applications: 58,715 (Approx)

Pranik Logistics Valuations

EPS Pre IPO

₹5.02/-

EPS Post IPO

₹3.96/-

P/E Pre IPO

15.33

P/E Post IPO

19.46

RoNW

8.70%

Pranik Logistics Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets3,568.32,352.731,404.48
Revenue6,770.086,090.623,360.96
Profit After Tax406.5693.2331.54

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.

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Pranik Logistics - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 73.49%

Company Promoter(s)

  1. Mr. Pranav Kumar Sonthalia
  2. Ms. Shradha Kumari
  3. Ms. Minal Sonthalia

Pranik Logistics IPO - Issue Objectives

  1. To meet the expenses for Investment in technology
  2. To meet out the Capital Expenditure Requirement of the Company
  3. To meet out the Working Capital requirements of the Company
  4. To meet out the General Corporate Purposes
  5. To meet out the Issue Expenses.

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.