Pritika Engineering Components Limited IPO (Pritika Engineering IPO)

Pritika Engineering components IPO
Upcoming Pritika Engineering IPO | New Pritika Engineering IPO

Pritika Engineering Components is engaged in the business of manufacturing of precision machined components primarily for automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.

The Company manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.

Pritika Engineering Components Private Limited’s manufacturing unit is located in Punjab. The company’s clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.

Pritika Engineering IPO

Pritika Engineering IPO – Details

IPO Opening Date25 November 2022
IPO Closing Date30 November 2022
Issue TypeFixed Price Issue IPO
Issue Size₹9.42 Crore
Face Value₹10 per equity share
IPO Price₹29
Market Lot4000 Shares
Min Order4000 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Ltd
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Pritika Engineering IPO – Date Schedule

IPO Open Date25 November 2022
IPO Close Date30 November 2022
Basis of Allotment Date05 December 2022
Initiation of Refunds06 December 2022
Credit of Shares to Demat Account07 December 2022
IPO Listing Date08 December 2022

Pritika Engineering IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Competitive Strengths

  • Experienced Management team having domain knowledge to scale up and expand into new opportunities;
  • Wide product portfolio addressing the needs of varied customers across the industry;
  • Dedicated technical & functional team to provide solutions to their customers;
  • Extensive Sales and distribution network;
  • Experience of handling large & complex projects;
  • Multi-year relationships with most customers;
  • Improving operational efficiency.

Company Promoters

  • Pritika Auto Industries Limited

Object Of The Issue

  • Investment in relation to the new unit set up by our wholly owned subsidiary, Meeta Castings Limited (MCL);
  • General Corporate Purposes.
Pritika Engineering IPO
issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202021.7221.570.13
31 March 202132.4431.860.38
31 March 202257.3951.525.46
Amount in ₹ Crore

Pritika Engineering IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Pritika Engineering IPO Prospectus

Company Contact Information

Pritika Engineering Components Limited

Plot No. C-94, Phase-VII Industrial Focal
Point, S.A.S Nagar, Mohali,

Phone: +91 9878723399

Pritika Engineering IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Pritika Engineering IPO Lead Manager(s)

1. GYR Capital Advisors Private Limited

Pritika Engineering IPO FAQs

Pritika Engineering IPO FAQs
What is Pritika Engineering IPO?

Pritika Engineering IPO is a SME IPO. The issue is priced at ₹29 per equity share. The IPO is to be listed on NSE SME.
When Pritika Engineering IPO will open?

The IPO is to open on  25 November 2022 for NII and Retail Investors.
What is Pritika Engineering IPO Investors Portion?

The investors’ portion for NII-50%, and Retail 50%.
How to 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 Edelweiss?

Log in to Angle One 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 Edelweiss.
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.
What is Pritika Engineering IPO Minimum and Maximum Lot Size?

The minimum bid is 4000 Shares with ₹1,16,000 amount while the maximum bid is 4000 shares with  ₹1,16,000.
What is the Pritika Engineering IPO Allotment Date?

Pritika Engineering IPO allotment date is 05 December 2022.
What is the Pritika Engineering IPO Listing Date?

Pritika Engineering IPO listing date is 08 December 2022. The IPO is to list on NSE SME.
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