Pranik Logistics Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

10 Oct 2024

Close Date

14 Oct 2024

Allotment

15 Oct 2024

Listing Date

17 Oct 2024

Exchange

NSE SME

Price Band

₹77

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹77

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

29,18,400 shares (aggregating up to ₹22.47 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹123,200

1 lot

Pre-IPO Holding

80,91,750 shares

Promoters

Post-IPO Holding

1,10,10,150 shares

Promoters

P/E (Pre)

15.33x

P/E (Post)

19.46x

EPS (Pre)

₹5.02

EPS (Post)

₹3.96

UPI Deadline

2024-10-14

Mandate

Anchor AllotmentWed, 09 Oct 2024

Basis of AllotmentTue, 15 Oct 2024

Refund InitiationWed, 16 Oct 2024

Demat CreditWed, 16 Oct 2024

Listing DayThu, 17 Oct 2024

UPI Mandate Deadline2024-10-14

Sale TypeFresh Capital

Net Offer to Public27,56,800 shares (aggregating up to ₹21.23 Cr)

Market Maker Quota1,61,600 shares (aggregating up to ₹1.24 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Pranik Logistics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Oct 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	161,600	—	₹1.24
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,918,400	100%	₹22.47

IPO Shares Offered

Pranik Logistics Ltd IPO total issue size: ₹22.47 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	161,600	₹1.24	5.54%
Total	2,918,400	₹22.47	100.00%

* Based on upper price band ₹77 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹77.00

Upper Band

Min Investment

₹123,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹246,400
Retail (Max — 13 Lots)	13	20,800	₹1,601,600
S-HNI (Min — 14 Lots)	14	22,400	₹1,724,800
B-HNI (Min — 68 Lots)	68	108,800	₹8,377,600

* Issue Price ₹77 × Lot Size 1,600 shares

IPO Schedule

Anchor

09 Oct 2024

✓ Done

IPO Open

10 Oct 2024

✓ Done

IPO Close

14 Oct 2024

✓ Done

Allotment

15 Oct 2024

✓ Done

Refunds

16 Oct 2024

✓ Done

Demat Credit

16 Oct 2024

✓ Done

Listing Day

17 Oct 2024

✓ Done

₹77.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹77.00 Live Price

About Pranik Logistics Ltd

Pranik Logistics Limited was founded in 2015 and 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.The company 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.Competitive strengthsExperienced and qualified management teamLong-standing customer relationships with its customers from various industriesAsset-light business modelQuality assurance and standardsAs at September 30, 2024, the company had 625 permanent employees.

Objects of the Issue

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; and

To meet out the Issue Expenses.

Pranik Logistics Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹6,090.6

31 Mar 2023

₹6,770.1

31 Mar 2024

₹2,248.9

30 Jun 2024

Profit After Tax (PAT)

₹93.2

31 Mar 2023

₹406.6

31 Mar 2024

₹108.9

30 Jun 2024

Particulars	30 Jun 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	2248.89	6770.08	6090.62
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	108.90	406.56	93.23
Net Worth	1252.09	1143.19	736.63
Total Assets	3842.75	3568.30	2352.73
Reserves & Surplus	442.91	603.74	197.18
Borrowings	1961.83	1783.95	1382.09
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	4.88%	—	—

P/BV Ratio

3.63

RoE

8.70%

RoCE

11.79%

RoNW

8.70%

PAT Margin

4.88%

Debt/Equity

1.57

Issue Structure & Shareholding

Total Shares Offered29,18,400 (100.00%)

Net Offer to Public27,56,800 shares (aggregating up to ₹21.23 Cr)

Reserved for Market Maker1,61,600 shares (aggregating up to ₹1.24 Cr)

Pre-Issue Promoter Holding80,91,750 shares

Post-Issue Promoter Holding1,10,10,150 shares

P/BV Ratio3.63

RoE8.70%

RoCE11.79%

Debt / Equity1.57

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Maashitla Securities Pvt.Ltd

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Check Allotment

Book Running Lead Managers

Narnolia Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Pranik Logistics Ltd IPO subscribed? ▲

Pranik Logistics Ltd IPO is subscribed 1.00 times by Oct 14, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Pranik Logistics Ltd IPO retail subscription status? ▼

The Pranik Logistics Ltd IPO retail category is subscribed 1.00 times as of 14 Oct 2024. The retail portion is oversubscribed.

How to subscribe Pranik Logistics Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 10 Oct 2024 and closes 14 Oct 2024. Min investment: ₹123,200 (1 lot = 1,600 shares). UPI mandate: 2024-10-14.

How many times Pranik Logistics Ltd IPO subscribed? ▼

The Pranik Logistics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Pranik Logistics Ltd IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Oct 2024. Refunds: on 16 Oct 2024.

When Pranik Logistics Ltd IPO will be listed? ▼

The Pranik Logistics Ltd IPO listing date is 17 Oct 2024, Thursday. Listed on: NSE SME. Issue price: ₹77. Estimated listing: ₹77. GMP: NIL.

When Pranik Logistics Ltd IPO close? ▼

The Pranik Logistics Ltd IPO closes on 14 Oct 2024, Monday. UPI mandate: 2024-10-14. Allotment: 15 Oct 2024. Listing: 17 Oct 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹77.00

Change—

Issue Price₹77.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹77

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹123,200

GMPNIL

Est. Listing₹77

Subscribed1.00x

Open Date10 Oct 2024

Close Date14 Oct 2024

Allotment15 Oct 2024

Listing Date17 Oct 2024

ExchangeNSE SME

UPI Deadline2024-10-14