Pranik Logistics IPO subscription was started on Tuesday, October 10, and will close on October 14 as per the schedule. The price band is fixed at ₹73 to ₹77 Per Share, with a face value of ₹10.
Pranik Logistics IPO Subscription Status
Pranik Logistics IPO subscribed 218.02 times overall on the last day till 5.00 PM on 14th October.
- Pranik Logistics Texchem IPO subscription QIB investors portion is 35.67X while NII subscribed 744.05 times and RII investors have subscribed 97.21 times.
- The company has received bids for 42,20,84,800shares against 19,36,000 shares on offer on the last day.
- Pranik Logistics IPO Subscribed over 4.36x on day 2
- Pranik Logistics IPO Subscribed over 2.47x on day 1.
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 crore in 2024 against ₹60.91 crore in 2023. The company reported a profit of ₹4.07 crores in 2024 against a profit of ₹0.93 crores in 2023
Pranik Logistics IPO GMP:
Pranik Logistics IPO GMP was ₹0 as of Friday, October 11. That indicates the IPO is trading at ₹77 with ₹0 premium in the grey market against the issue price of ₹77.
