Pranik Logistics Limited – IPO
Pranik Logistics Limited – IPO Details
| IPO Date | October 10, 2024 to October 14, 2024 |
| Listing Date | October 17, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 73 to ₹ 77 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | ₹22.47 Cr |
| Fresh Issue | ₹22.47 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,091,750 |
| Share holding post issue | 11,010,150 |
| Market Maker portion | 161,600 shares |
Pranik Logistics Limited Timeline (Tentative Schedule)
Pranik Logistics Limited IPO opens on October 10, 2024, and closes on October 14, 2024.
| IPO Open Date | October 10, 2024 |
| IPO Close Date | October 14, 2024 |
| Basis of Allotment | October 15, 2024 |
| Initiation of Refunds | October 16, 2024 |
| Credit of Shares to Demat | October 16, 2024 |
| Listing Date | October 17, 2024 |
| Cut-off time for UPI mandate confirmation | October 14, 2024 |
Pranik Logistics Limited IPO Lot Size
A minimum of 1,600 shares, and in multiples thereof, can be bid for by investors. The table below depicts the minimum and maximum investment by retail investors and HNIs in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | Rs.123,200 |
| Retail (Max) | 1 | 1,600 | Rs.123,200 |
| S-HNI (Min) | 2 | 3,200 | Rs.246,400 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
Pranik Logistics Limited IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 73.49% |
Pranik Logistics Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
|
| NII (HNI) Shares Offered | |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Pranik Logistics Limited IPO Anchor Investors Details
| Bid Date | 2024-10-09 |
| Shares Offered | |
| 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 |
About Pranik Logistics Limited
Pranik Logistics Limited, founded in 2015, offers integrated logistics solutions.
The company operates as a PAN India logistics provider, functioning as a freight forwarder and transporter. Integrated services such as transportation, warehousing, material handling, and freight forwarding are provided to clients in various industries, including retail, consumer durables, telecom, manufacturing, and pharmaceuticals.
A fleet of 86 commercial vehicles is owned by the company, which can also be leased if required. Additionally, 30 warehouses are managed directly by the company.
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 |
Objects of the Issue (Pranik Logistics Limited IPO Objectives)
Pranik Logistics Limited Contact Details
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: [email protected] Website: https://pranikgroup.com/ |
Pranik Logistics Limited IPO Registrar
Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |