Pranik Logistics Limited
Bookbuilding IPO · NSE
- Price band
- ₹73 - ₹77
- Lot size
- 1,600 shares
- Issue amount
- ₹22.47 cr
- Total subscription
- 218.1×
- Opens
- 10 Oct 2024
- Closes
- 14 Oct 2024
- Allotment
- 15 Oct 2024
- Listing
- 17 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 29,18,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,16,800
- Fresh issue
- ₹22.47 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,23,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 80,91,750
- Shares after issue
- 1,10,10,150
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,23,200 |
| HNI | 2 | 3,200 | ₹2,46,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.28 | 152.51 |
| RETAIL | 7.44 | 723.38 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.35 | 7.54 | 1.73 |
| ROE | 8.7 | 35.56 | 12.66 |
| ROCE | 11.79 | 54.14 | 23.38 |
| RONW | 8.7 | 35.56 | 12.66 |
| PRE IPO(PE) | 15.33 | 0 | 0 |
| POST IPO(PE) | 19.46 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Pranik Logistics Limited, established in 2015, is a nationwide logistics service provider in India. They specialize in freight forwarding and transportation, offering services like warehousing, material handling, and cargo movement. Serving industries such as retail, telecom, manufacturing, and pharmaceuticals, the company follows an asset-light model. They own a fleet of 86 commercial vehicles, available for lease if needed, and manage 30 warehouses across the country. As of September 30, 2024, Pranik Logistics had a dedicated team of 625 permanent employees.
Strengths
- Fast and Safe Deliveries: With 86 vehicles and 30 warehouses, we ensure quick and secure shipping for various industries.
- Experienced Team: Our skilled managers and 625 dedicated employees work hard to keep things running smoothly and keep customers happy.
- Trusted by Clients: We’ve built strong, lasting relationships with businesses across different sectors by providing dependable service.
Risk factors
- Leased Property Dependence: The company operates from rented spaces instead of owning them. If leases are not renewed or rental terms become unfavorable, it could create challenges for the business.
- Key Team Dependence: The company relies on its Directors and key team members for expertise. Losing any of them could impact business operations and growth.
- Legal Issues: There are ongoing legal cases against the company's Promoters. If the outcomes are not in their favor, it could affect the company's finances and stability.
Promoters
Mr. Pranav Kumar Sonthalia
Ms. Shradha Kumari
Ms. Minal Sonthalia
Registrar & documents
Lead manager
Narnolia Financial Services Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata - 700091
+91 7667852418
[email protected]Company website ↗Understanding PRANIK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.