Pranik Logistics Limited offers integrated logistics solutions.
The company is a PAN India logistics provider operating as a freight forwarder and transporter, providing integrated services such as transportation, warehousing, material handling, and freight forwarding to its clients in various industries such as retail, consumer durables, telecom, manufacturing, pharma, etc.
The company has its own fleet of 86 commercial vehicles, which can also be leased if required. In addition, the company has a total of 30 warehouses that are managed directly by the company.
As at September 30, 2024, the company had 625 permanent employees.
Pranik Logistics IPO – Details
| IPO Opening Date | 10 October 2024 |
| IPO Closing Date | 14 October 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 29,18,400 Shares Worth ₹22.47 Crore Fresh Issue: 29,18,400 Shares Worth ₹22.47 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹73 – ₹77 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Pranik Logistics IPO – Date Schedule
| IPO Open Date | 10 October 2024 |
| IPO Close Date | 14 October 2024 |
| Basis of Allotment | 15 October 2024 |
| Initiation of Refund | 16 October 2024 |
| Credit of Shares to Demat Account | 16 October 2024 |
| IPO Listing Date | 17 October 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 14, 2024 |
Pranik Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,23,200 |
| Retail (Max) | 1 | 1600 | ₹1,23,200 |
| HNI (Min) | 2 | 3200 | ₹2,46,400 |
Competitive Strengths
- Timely and safe deliveries;
- Experienced management team and a motivated and efficient work force;
- Cordial relations with our clients;
Company Promoters
- Mr. Pranav Kumar Sonthalia
- Ms. Shradha Kumari
- Ms. Minal Sonthalia
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 33.60 | 33.12 | 0.31 | 5.77 |
| 31 March 2023 | 60.90 | 59.55 | 0.93 | 13.82 |
| 31 March 2024 | 67.70 | 62.13 | 4.06 | 17.83 |
| 30 June 2024 | 22.48 | 21.0.3 | 1.08 | 19.61 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.70% |
| ROCE | 11.79% |
| Debt/Equity | 1.57 |
| RoNW | 8.70% |
| P/BV | 3.63 |
| PAT Margin (%) | 4.88 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.02 | 3.96 |
| P/E (x) | 15.33 | 19.46 |
Object Of The Issue
- To meet the expenses for Investment in technology;
- To meet out the Capital Expenditure Requirement of the 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 Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.49% |
Pranik Logistics IPO Prospectus
Company Contact Information
| 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/ |
Pranik Logistics IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Pranik Logistics IPO Lead Manager(s)
| 1. Narnolia Financial Services Ltd |
Pranik Logistics IPO FAQs
| What is Pranik Logistics IPO? Pranik Logistics IPO is an SME IPO. The issue is priced at ₹73 and ₹77 per equity share. The IPO is to be listed on NSE SME. |
| When Pranik Logistics IPO will open? The IPO is to open on 10 October 2024 for QIB, NII, and Retail Investors. |
| What is Pranik Logistics IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Pranik Logistics IPO? You can apply Pranik Logistics 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 Pranik Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pranik Logistics IPO”. 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 Angle One. |
| How to Apply the Pranik Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pranik Logistics IPO“. 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 5 Paisa. |
| How to Apply the Pranik Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pranik Logistics IPO”. 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 Pranik Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Pranik Logistics IPO”. 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 IIFL. |
| What is Pranik Logistics IPO Size? Pranik Logistics IPO size is ₹22.47 Crore. |
| What is Pranik Logistics IPO Price Band? Pranik Logistics IPO Price Band is ₹73 – ₹77. |
| What is Pranik Logistics IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹1,23,200 amount while the maximum bid is 1600 Shares with ₹1,23,200. |
| What is the Pranik Logistics IPO Allotment Date? Pranik Logistics IPO allotment date is 15 October 2024. |
| What is the Pranik Logistics IPO Listing Date? Pranik Logistics IPO listing date is 17 October 2024. The IPO is to be listed on NSE SME. |
