Pranik Logistics Limited IPO

NSE SME

Listed On: Oct 17, 2024 at ₹ 79.0

₹ 123200 /1600 Shares

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

The IPO of Pranik Logistics is priced at ₹73-77 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Maashitla Securities Private Limited is the registrar of the issue.

Pranik Logistics IPO bid opening date is from Oct 10, 2024 and the bid closing date was Oct 14, 2024.
Pranik Logistics IPO allotment result will be available on Oct 15, 2024. The tentative listing date for Pranik Logistics is Oct 17, 2024.

The total issue size is 2,918,400 shares(aggregating up to ₹22.47 Cr).

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

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

ROE

8.70%

ROCE

11.79%

Debt/Equity

1.57

RoNW

8.70%

PAT Margin

4.88

Price to Book Value

3.63

Pranik 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%

Company Promoter(s)

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

Company Contact Details

Pranik Logistics

P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata - 700091

Phone: +91 7667852418

Email: ayon@pranikgroup.com

Website: https://pranikgroup.com/

Registrar Contact Details

Maashitla 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.