Pranik Logistics Limited

Pranik Logistics Limited

Oct 10, 2024 - Oct 14, 2024

Pranik Logistics Limited IPO Details

SME

Status

listed

Issue Price

₹73.00 - ₹77.00

Lot Size

1600 Shares

Subscription

218.02 times

Listing Price

₹79 (2.6%)

Face Value

₹10 Per share

Issue Size

Approx ₹22.47 Cr

Fresh Issue

Approx ₹22.47 Cr

Total Shares Offered

-

Retail Quota

35%

QIB Quota

50%

HNI Quota

15%

Retail Approx

-

S-HNI Approx

-

B-HNI Approx

-

Issue Type

Book Built Issue IPO

Listing On

NSE SME

Registrar

Maashitla Securities Private Limited

NSE Code

PRANIK

Documents Links

IPO Tentative Timetable

Open Date
Thu Oct 10 2024
Close Date
Mon Oct 14 2024
Allotment Date
Tue Oct 15 2024
Refunds Initiation
Wed Oct 16 2024
Demat Transfer
Wed Oct 16 2024
Listing Date
Thu Oct 17 2024

Valuation

Earning Per Share (EPS)

₹7.54

Price/Earning P/E Ratio

-

Return on Net Worth (RoNW)

35.56%

Net Asset Value (NAV)

₹21.19

Promoters

Pre issue Share Holding

99.99%

Post issue Share Holding

73.49%

Company Promoters

  • Mr. Pranav Kumar Sonthalia
  • Ms. Shradha Kumari
  • Ms. Minal Sonthalia

Lead Managers

Narnolia Financial Services Ltd

Live Subscription

DateQIBNII*RetailTotal
Oct 10, 20240.000.904.572.47
Oct 11, 20240.001.438.114.36
Oct 14, 202435.67744.0597.21218.02

Lot Size

ApplicationLotsSharesAmount
Retail (Min)11600₹123,200
Retail (Max)11600₹123,200
HNI (Min)23,200₹246,400

Key Performance Indicator

KPIValues
ROE8.70%
ROCE11.79%
Debt/Equity1.57
RoNW8.70%
P/BV3.63
PAT Margin (%)4.88

IPO Reservation

Investor CategoryShares Offered
Anchor Investor Shares Offered8,20,800 (28.13%)
Market Maker Shares Offered1,61,600 (5.54%)
QIB Shares Offered5,55,200 (19.02%)
NII (HNI) Shares Offered4,14,400 (14.2%)
Retail Shares Offered9,66,400 (33.11%)
Total Shares Offered29,18,400 (100%)

Company Financial

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets3,842.753,568.32,352.731,404.48
Revenue2,248.896,770.086,090.623,360.96
Profit After Tax108.9406.5693.2331.54
Net Worth1,252.091,143.19736.63363.96
Reserves and Surplus442.91603.74197.18103.95
Total Borrowing1,961.831,783.951,382.09577.87

About Company

Pranik Logistics Limited, established in 2015, provides comprehensive logistics solutions across India. Acting as a freight forwarder and transporter, the company offers a range of integrated services, including transportation, warehousing, material handling, and freight forwarding, catering to clients in industries such as retail, consumer durables, telecom, manufacturing, and pharmaceuticals.

The company operates its own fleet of 86 commercial vehicles, available for lease if necessary, and manages 30 warehouses across the country.

Key competitive advantages include:
- A skilled and experienced management team
- Strong, long-term customer relationships across diverse industries
- An asset-light business model
- Commitment to quality assurance and industry standards

As of September 30, 2024, Pranik Logistics employed 625 permanent staff members.... Show more

Company Contact

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: ayon@pranikgroup.com

Website: https://pranikgroup.com/

Registrar Contact

maashitla securities private limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues