Pranik Logistics Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Date | October 10, 2024 to October 14, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 73 to ₹ 77 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 29,18,400 shares (aggregating up to ₹ 22.47 Cr) |
| Fresh Issue | 29,18,400 shares (aggregating up to ₹ 22.47 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 80,91,750 |
| Shareholding post issue | 1,10,10,150 |
| Market Maker portion | 1,61,600 shares Prabhat Financial Services |
About Pranik Logistics Limited IPO, GMP, Details, Price, And Review
Pranik Logistics Limited was founded in 2015 and offers integrated logistics solutions. The company is engaged as a carrying and forwarding agent providing end-to-end Logistics solutions i.e. from the point of origin to the end of consumption, to meet the needs of their customers and corporations. They are a pan India logistics provider, acting as carrying and forwarding agents and providing integrated services including transportation, warehousing, material handling and freight forwarding to their customers in various industries such as Automotive, Engineering, Construction, Customer durables, Retail, Textile etc.
Pranik Logistics IPO Overview:
IPO Details
• Issue Size: ·22.47 crores
• Total Shares Offered: 2,918,000 shares
• Price Band: ·73 to ·77 per share
• Minimum Lot Size: 1,600 shares
Subscription Dates
• Opening Date: October 10, 2024
• Closing Date: October 14, 2024
Key Stakeholders
• Book Running Lead Manager: Narnolia Financial Services Ltd
• Registrar: Maashitla Securities Private Limited
• Market Maker: Prabhat Financial Services
Pranik Logistics Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Offer |
EnNutrica IPO Anchor Investors Details
| Bid Date | October 9, 2024 |
| Shares Offered | 820,800 |
| Anchor Portion Size (In Cr.) | 6.32 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 14, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 13, 2025 |
Objectives of Dindigul Farm Product IPO
- The Company proposes to utilize the funds being raised to fund the following objectives:
- 1. To meet the expenses for Investment in technology.
- 2. To meet the Capital Expenditure Requirement of the Company.
- 3. To meet the Working Capital requirements of the Company.
- 4. To meet the General Corporate Purposes.
- 5. To meet the Issue Expenses.
Pranik Logistics Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
2,248.89
₹ Crore
Profit After Tax
108.9
₹ Crore
Net Worth
1,252.09
₹ Crore
Total Borrowing
1,961.83
₹ Crore
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 30 June 2024 | 3,842.75 | 2,248.89 | 108.9 | 1,252.09 | 1,961.83 | ||||
| 31 Mar 2024 | 3,568.3 | 6,770.08 | 406.56 | 1,143.19 | 1,783.95 | ||||
| 31 Mar 2023 | 2,352.73 | 6,090.62 | 93.23 | 736.63 | 1,382.09 | ||||
| 31 Mar 2022 | 1,404.48 | 3,360.96 | 31.54 | 363.96 | 577.87 | ||||
| Amount in ₹ Crore | |||||||||
Pranik Logistics Limited IPO, GMP, Details, Price, And Review GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-17 | ₹77 | ₹4 (5.19%) | - |
Pranik Logistics Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.70% |
| ROCE | 11.79% |
| Debt/Equity | 1.57 |
| RoNW | 8.70% |
| P/BV | 3.63 |
| PAT Margin (%) | 4.88 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.02 | 3.96 |
| P/E (x) | 15.33 | 19.46 |
Frequently Asked Questions
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Competitive Strengths
Experienced and qualified management team
Long-standing customer relationships with its customers from various industries
Asset-light business model
Quality assurance and standards
Pranik Logistics Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Open Date | Thursday, October 10, 2024 |
| IPO Close Date | Monday, October 14, 2024 |
| Basis of Allotment | Tuesday, October 15, 2024 |
| Initiation of Refunds | Wednesday, October 16, 2024 |
| Credit of Shares to Demat | Wednesday, October 16, 2024 |
| Listing Date | Thursday, October 17, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 14, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹123,200 |
| Retail (Max) | 1 | 1,600 | ₹123,200 |
| HNI (Min) | 2 | 3,200 | ₹246,400 |