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Objective of the Issue

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 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.
  5. 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

FAQ