Pritika Engineering IPO GMP, Date, Price, Review, Allotment

Pritika Engineering

Table of Contents


Pritika Engineering IPO date is fixed, The IPO will open on November 25 and will close on November 30, 2022. Pritika Engineering is an NSE SME IPO to raise ₹9.42 crores via IPO. The Pritika Engineering IPO price band is fixed at ₹29 with a market lot of 4000 shares.

Pritika Engineering Components Limited is a unit of the Pritika Group of Industries engaged in the manufacturing of precision machined components for the Tractor & Automotive industry. Their products are used by tractors, trucks, and other commercial vehicles. The company manufacture customized products for the automotive industry that can be used for tractors, commercial vehicles & other construction equipment, etc.

Pritika Engineering Components Ltd is a leading producer of Rear Axle Housing Castings, Machined Front Axle Support, Machined Lift Housings, Gear casing Castings, and Wheel Hub Castings. Their manufacturing plant is situated at Hoshiarpur (Punjab) that consists of an integrated Foundry/Machine shop. Some of their clients are Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.

Objects of the Issue:

  • Investment in relation to the new unit set up by the wholly owned subsidiary, Meeta Castings Limited (MCL).
  • General Corporate Purposes.

Pritika Engineering IPO Review

  • May Apply

Pritika Engineering IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
8 December₹10₹-₹30000

Pritika Engineering IPO Date & Price Band Details

IPO Open:November 25, 2022
IPO Close:November 30, 2022
IPO Size:Approx ₹9.42 Crores, 3,248,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹29 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Pritika Engineering IPO Market Lot

The Pritika Engineering IPO minimum market lot is 4000 shares with a ₹116,000 application amount.

Minimum IPO Lot Size:Minimum 4000 shares for 1 lot
Minimum Amount:₹116,000 for 1 lot

Pritika Engineering IPO Dates

The Pritika Engineering IPO date is November 25 and the IPO close date is November 30. The IPO allotment date is December 5 and the IPO might list on December 8.

IPO Open Date:November 25, 2022
IPO Close Date:November 30, 2022
Basis of Allotment:December 5, 2022
Refunds:December 6, 2022
Credit to Demat Account:December 7, 2022
IPO Listing Date:December 8, 2022

You can check IPO subscription status and IPO allotment status on their respective pages.

Pritika Engineering IPO Form

How to apply Pritika Engineering IPO? You can apply Pritika Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pritika Engineering IPO in the Invest section. The other option you can apply Pritika Engineering IPO via IPO forms download via the NSE website. Check out the Pritika Engineering forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Pritika Engineering Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹21.72₹21.57₹0.14
2021₹32.44₹31.86₹0.38
2022₹57.40₹51.52₹5.46

Pritika Engineering IPO Valuation – FY2022

Check Pritika Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹7.15 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):33.05%
Net Asset Value (NAV):₹22.00 per Equity Share

Peer Group

  • Nelcast Limited
  • Bhagwati Autocast Limited

Company Promoters

  • Pritika Auto Industries Limited

Pritika Engineering IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Pritika Engineering IPO Allotment Status

Check Pritika Engineering IPO allotment status on Linkintne URL. Click Here

Pritika Engineering IPO Lead Managers

  • GYR Capital Advisors Limited

Company Address

Pritika Engineering Components Limited
Plot No. C-94,
Phase-VII Industrial Focal Point,
S.A.S Nagar, Mohali, Punjab 160055
Phone: +91 9878723399
Email: [email protected]
Website: http://www.pritikaengineering.com/index.html

Pritika Engineering IPO FAQs


What is Pritika Engineering IPO?

Pritika Engineering IPO is an NSE SME IPO. They are going to raise ₹9.42 Crores via IPO. The issue is priced at ₹29 per equity share. The IPO is to be listed on NSE.

When Pritika Engineering IPO will open?

The IPO is to open on November 25, 2022 for NII, and Retail Investors.

What is Pritika Engineering IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Pritika Engineering IPO?

You can apply Pritika Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Pritika Engineering IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Pritika Engineering IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Pritika Engineering IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Pritika Engineering IPO Size?

Pritika Engineering IPO size is ₹9.42 crores.

What is Pritika Engineering IPO Price Band?

Pritika Engineering IPO Price Band is ₹29 per equity share.

What is Pritika Engineering IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 shares with ₹116,000.

What is Pritika Engineering IPO Allotment Date?

Pritika Engineering IPO allotment date is December 5, 2022.

What is Pritika Engineering IPO Listing Date?

Pritika Engineering IPO listing date is December 8, 2022. The IPO to list on NSE SME.

Note: The Pritika Engineering IPO details are announced officially. The IPO grey market premium (Pritika Engineering IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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