The Pranik Logistics IPO minimum market lot is 1600 shares with ₹123,200 application amount. The Pranik Logistics IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend that investors apply for an IPO with long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Pranik Logistics IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 35.67 |
| NII | 0.85 | 1.42 | 744.05 |
| RII | 4.45 | 7.96 | 97.21 |
| Total | 2.40 | 4.28 | 218.02 |
Pranik Logistics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Pranik Logistics IPO Review
- Avoid
Pranik Logistics IPO Form
How to apply for the Pranik Logistics IPO? You can apply for Pranik Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pranik Logistics IPO in the Invest section. The other option is you can apply for Pranik Logistics IPO via IPO forms downloaded online. Check out the Pranik Logistics forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
