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Objective of the Issue
The Company proposes to utilize the funds being raised to fund the following 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.
IPO Details, Price, Market Lot
| Pranik Logistics IPO Details | |
| IPO Open Date | 10 October 2024 |
| IPO Close Date | 14 October 2024 |
| IPO Issue Size | 2,918,400 shares (aggregating up to ₹22.47 Cr) |
| Fresh Issue | 2,918,400 shares (aggregating up to ₹22.47 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not Less than 35% of the offer |
| NII Portion | Not Less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE SME |
| Pranik Logistics IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹73 to ₹77 Per Share |
| Employee Discount | NIL |
| IPO Issue Type | Book Built Issue |
| Pranik Logistics IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1600 Shares |
| Minimum Lot Size | 1 Lot (1600 Shares) |
| Minimum Amount (Cut-off price) | ₹123,200 |
| Maximum Lot Size | 1 Lot (1600 Shares) |
| Maximum Amount (Cut-off price) | ₹123,200 |
| Pranik Logistics IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1600 Shares |
| Minimum Lot Size | 2 Lots (3200 Shares) |
| Minimum Amount (Cut-off price) | ₹246,400 |
IPO Date, Listing Date, Allotment Date
| Pranik Logistics IPO Time Table (Tentative) | |
| IPO Open Date | 10 October 2024 |
| IPO Close Date | 14 October 2024 |
| Basis of Allotment Date | 15 October 2024 |
| Initiation of Refunds | 16 October 2024 |
| Credit of Share to Demat Account | 16 October 2024 |
| IPO Listing Date | 17 October 2024 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 June 2024 | 3,842.75 | 2,248.89 | 108.90 | 1,252.09 | 1,961.83 |
| 31 March 2024 | 3,568.30 | 6,770.08 | 406.56 | 1,143.19 | 1,783.95 |
| 31 March 2023 | 2,352.73 | 6,090.62 | 93.23 | 736.63 | 1,382.09 |
| 31 March 2022 | 1,404.48 | 3,360.96 | 31.54 | 363.96 | 577.87 |
| Period Ended | 30 June 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 3,842.75 | 3,568.30 | 2,352.73 | 1,404.48 |
| Revenue | 2,248.89 | 6,770.08 | 6,090.62 | 3,360.96 |
| P A T | 108.90 | 406.56 | 93.23 | 31.54 |
| Net Worth | 1,252.09 | 1,143.19 | 736.63 | 363.96 |
| Borrowings | 1,961.83 | 1,783.95 | 1,382.09 | 577.87 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 99.99% |
| Post Issue Promotor Holding | 73.49% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| Pranik Logistics IPO Prospectus |
|
| Pranik Logistics IPO Registrar |
| Maashitla Securities Private Limited |
| Pranik Logistics IPO Lead Manager |
| Narnolia Financial Services Ltd |
