Pranik Logistics IPO Details
| IPO Open Date: | October 10, 2024 |
| IPO Close Date: | October 14, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹73 to ₹77 Per Share |
| Issue Size: | Approx ₹22.47 Crores |
| Fresh Issue: | Approx ₹22.47 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Pranik Logistics IPO Market Lot
The Pranik Logistics IPO minimum market lot is 1600 shares with ₹123,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹123,200 |
| Retail Maximum | 1 | 1600 | ₹123,200 |
| HNI Minimum | 2 | 3200 | ₹246,400 |
Pranik Logistics IPO Dates
The Pranik Logistics IPO date is October 10 and the close date is October 14. The Pranik Logistics IPO allotment will be finalized on October 15 and the IPO listing on October 17.
| IPO Open Date: | October 10, 2024 |
| IPO Close Date: | October 14, 2024 |
| Basis of Allotment: | October 15, 2024 |
| Refunds: | October 16, 2024 |
| Credit to Demat Account: | October 16, 2024 |
| IPO Listing Date: | October 17, 2024 |
Promoters of Pranik Logistics IPO
The promoters of the company are Mr. Pranav Kumar Sonthalia, Ms. Shradha Kumari, and Ms. Minal Sonthalia.
About Pranik Logistics IPO
Pranik Logistics Limited was incorporated in 2015 at P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata, West Bengal – 700091. Moreover, it has expanded the business of carrying and forwarding agents for various services such as material handling, freight forwarding, warehousing, and transport services as well. This company has added about 30 new warehouses and now provides advanced technology solutions based on client needs. This company’s profit after tax has risen by 336%. In 2024, revenue is expected to reach 66.84 million, compared to 20.67 million in 2021.
Pranik Logistics IPO Company Financial Report
The company reported revenue of ₹67.70 crores in 2024 against ₹60.91 crore in 2023. The company reported profit of ₹4.07 crores in 2024 against profit of ₹0.93 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹33.61 | ₹33.13 | ₹0.32 | ₹14.04 |
| 2023 | ₹60.91 | ₹59.55 | ₹0.93 | ₹23.53 |
| 2024 | ₹67.70 | ₹62.13 | ₹4.07 | ₹35.68 |
| June 2024 | ₹22.49 | ₹21.03 | ₹1.09 | ₹38.43 |
Pranik Logistics IPO Valuation – FY2024
Check Pranik Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 35.56% |
| ROCE: | 54.14% |
| EBITDA Margin: | 13.98% |
| PAT Margin: | 6.08% |
| Debt to equity ratio: | 2.20 |
| Earning Per Share (EPS): | ₹7.54 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 35.56% |
| Net Asset Value (NAV): | ₹21.19 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| SJ Logistics (India) Limited | 20.03 | 29.28 | 20.18% | 77.36 | 22.61 Cr. |
Objects of the Issue
- To meet out the expenses for Investment in technology
- To meet out the Capital Expenditure Requirement of 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 IPO Review
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Pranik Logistics IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Company Address
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/
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Note: The Pranik Logistics IPO price band and date are officially announced. The (Pranik Logistics IPO grey market premium) will be added to the IPO GMP page as it will start).
