Pranik Logistics Ltd launched its IPO on October 10, 2024.
The Pranik Logistics NSE SME IPO is a book-built issue that aims to raise ₹22.47 crores through a fresh issue of 29.18 lakh shares. With its IPO segment, the company plans to raise ₹22.47 crores by offering 29.18 lakh shares at a price between ₹73 and ₹77 each. Retail investors can participate with a minimum lot size of 1600 shares. The IPO allotment is expected on October 15, with the NSE SME listing set for October 17.
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Pranik Logistics NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | October 10, 2024 |
| IPO Closing Date | October 14, 2024 |
| Listing Date | October 17, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹73 to ₹77 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 2,918,400 shares (₹22.47 Cr) |
| Fresh Issue | 2,918,400 shares (₹22.47 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Registrar | Maashitla Securities Private Limited |
| Shareholding Pre-Issue | 8,091,750 shares |
Pranik Logistics Limited | Company Overview
Pranik Logistics Limited, established in 2015, is a logistics provider offering integrated logistics solutions. The company functions as a freight forwarder and transporter. It provides services like transportation, warehousing, material handling to industries such as retail, consumer durables, etc.
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Pranik Limited NSE SME IPO| Key Details
- Pranik Logistics IPO Opening Date: October 10, 2024
- Pranik Logistics IPO Closing Date: October 14, 2024
- Pranik Logistics Allotment Date: October 15, 2024
- Pranik Logistics IPO Price Band: ₹73 to ₹77 per share
- Pranik Logistics IPO Lot Size: 1600 shares
- IPO Refunds Initiated: October 16, 2024
- Shares Credited to Demat: October 16, 2024
- IPO Listing Date: October 17, 2024
Pranik Logistics Ltd: Financial Highlights for 2024
Pranik Logistics Limited has shown substantial growth in the recent years.
| Period Ended | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) |
| June 30, 2024 | 3842.75 | 2248.89 | 108.90 | 1252.09 |
| March 31, 2024 | 3568.30 | 6770.08 | 406.56 | 1143.19 |
| March 31, 2023 | 2352.73 | 6090.62 | 93.23 | 736.63 |
| March 31, 2022 | 1404.48 | 3360.96 | 31.54 | 363.96 |
FAQs | Pranik Logistics Limited IPO
Pranik Logistics Ltd is a logistics services provider that offers integrated logistics solutions across India.
The bidding date for the Pranik Logistics IPO is from October 10, 2024, to October 14, 2024.
The IPO lot size for Pranik Logistics is 1600 shares.
The Pranik Logistics IPO launch date is October 10, 2024, and it will remain open for subscription until October 14, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Tuesday, October 15, 2024.
The IPO face value is set at ₹10 per share.
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