Pranik Logistics IPO Date, Price, GMP, Review, Details

Pranik Logistics IPO

Kolkata-based Pranik Logistics Limited IPO is a Book Built Issue. This is a SME IPO which is open for subscription on 10 October, 2024 and will close on 14 October, 2024. The price band of the IPO is ₹73 to ₹77 per share.

The total IPO Size is ₹22.47 crore in which fresh issue of ₹22.47 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for Pranik Logistics IPO for minimum lot size is 1600 shares for the retail investors, aggregating to an investment of ₹123,200.

This IPO is to be list on NSE SME platform on 17 October 2024, and allotment date is on 15 October 2024 which check Pranik Logistics IPO allotment status on Maashitla Securities Private Limited is the registrar for this offering.

The book-running lead managers of this IPO is Narnolia Financial Services Ltd. For more information check Pranik Logistics IPO DRHP and RHP details.

Pranik Logistics IPO Details

IPO Issue Open Date:10 October 2024
IPO Issue Close Date:14 October 2024
IPO Issue Price Band:₹73 to ₹77 Per Share
Face Value:₹10 Per Equity Share
IPO Issue Size:₹22.47 Crores | 2,918,400 shares
Fresh Issue:₹22.47 Crores | 2,918,400 shares
Offer for Sale:₹[.] Crores
Issue Type:Book Built Issue
IPO Listing At:NSE SME
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:[.] per share

Pranik Logistics IPO Prospectus:

Checkout the Pranik Logistics IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Pranik Logistics IPO Dates Timeline

Get the tentative dates and schedule for latest IPO Pranik Logistics IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:10 October2024
Issue Close Date:14 October 2024
Basis of Allotment Date:15 October 2024
Refunds Initiation:16 October 2024
Shares Credit in Demat:16 October 2024
IPO Listing Date Detail:17 October 2024

Pranik Logistics IPO Market Lot

You can bid for a minimum of 1600 shares and maximum 3200 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and 1600 shares = ₹123,200
Retail (Max)1 lots and 1600 shares = ₹123,200
HNI (Min)2 lots and 3200 shares = ₹246,400
B-HNI Minimum

Pranik Logistics IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹-₹-₹--%
11th Oct₹-₹-₹--%
10th Oct₹-₹-₹--%
9th Oct₹-₹-₹--%
8th Oct₹-₹-₹--%
7th Oct₹-₹-₹--%

About Pranik Logistics

Pranik Logistics establishment in 2015, they have over the period expanded the ambit of our services. They offer customized services as per the requirements of our customers. They have a dedicated team of employees and agents, who manage the entire supply chain effectively and efficiently.

Their Company was incorporated as a Private Limited Company under the name of “Pranik Logistics Private Limited” under the Companies Act, 2013 vide certificate of incorporation dated February 24, 2015, issued by Registrar of Companies, Kolkata, bearing CIN U60231WB2015PTC205412. Further, their Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of their Company at the Extra Ordinary General Meeting held on January 15, 2024 and the name of their Company was changed from “Pranik Logistics Private Limited” to “Pranik Logistics Limited” & Registrar of Companies, Kolkata has issued a new certificate of incorporation consequent upon conversion dated March 07, 2024, bearing CIN U60231WB2015PLC205412

Pranik Logistics IPO Strengths

  • Experienced and Qualified management team
  • Asset-light business model
  • Long-standing client relationships with our clients across multiple verticals.
  • Quality Assurance and Standards

Objects of the IPO Issue

  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; and
  5. To meet out the Issue Expenses.

Pranik Logistics Company Financial Report

The company reported revenue of ₹67.70 crores in 2024 against ₹60.91 crores in 2023. The company reported a profit of ₹4.07 crores in 2024 against a loss of ₹0.93 crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹33.61₹33.13₹0.32₹14.04
2023₹60.91₹59.55₹0.93₹23.53
2024₹67.70₹62.13₹4.07₹35.68
June 2024₹22.49₹21.03₹1.09₹38.43

Pranik Logistics IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

KPIValues
ROE:35.56%
ROCE:54.14%
EBITDA Margin:13.98%
PAT Margin:6.08%
Debt to equity ratio:2.20
Earning Per Share (EPS):₹7.54 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):35.56%
Net Asset Value (NAV):₹21.19

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
SJ Logistics (India) Limited20.0329.2820.18%77.3622.61 Cr.

Pranik Logistics IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email:  ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Pranik Logistics IPO Lead Manager

  • Narnolia Financial Services Ltd

Pranik Logistics IPO allotment status check on Link Intime website. Click on Maashitla Securities Private Limited to get allotment status.

Promoters of Pranik Logistics

  • Mr. Pranav Kumar Sonthalia
  • Ms. Shradha Kumari
  • Ms. Minal Sonthalia

Company Address

Pranik Logistics Limited
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/

Pranik Logistics IPO FAQs

What is Pranik Logistics IPO Detail?

Pranik Logistics IPO is a main-board IPO. The company is going to raise ₹22.47 Crores via IPO. The issue is priced at ₹73 to ₹77 pr equity share. The IPO is to be listed on NSE SME.

How to Apply Pranik Logistics IPO Online?

You can apply for Pranik Logistics IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When Pranik Logistics IPO will open?

The IPO is to open on 10 October 2024 for QIB, NII, and Retail Investors. The IPO will close on 14 October 2024.

What is Pranik Logistics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Pranik Logistics IPO Size?

Pranik Logistics issue size is ₹22.47 crores.

What is Pranik Logistics IPO Price Band?

Pranik Logistics IPO Price Band is ₹73 to ₹77.

What is the Lot Size of Pranik Logistics IPO?

The Pranik Logistics IPO minimum bid size is1600 Shares with ₹123,200 amount.

What is the Pranik Logistics IPO Allotment Date?

Pranik Logistics IPO allotment date is 15 October, 2024.

What is the Pranik Logistics IPO Listing Date?

Pranik Logistics IPO listing date is 17 October, 2024. The IPO is to list on NSE SME.

Leave a Reply

Your email address will not be published. Required fields are marked *