Pranik Logistics IPO description – Pranik Logistics is a pan India logistics provider, acting as a carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling, and freight forwarding to customers belonging to various industries such as Automotive, Engineering, Construction, Customer durables, Retail, Textile.
The company manages a fleet of commercial vehicles, comprising more than 80 vehicles that it owns, and other vehicles are managed through leasing on a trip-to-trip basis. It operates 30 warehouses located in PAN India with a strong presence in West Bengal, Bihar, Jharkhand, and Gujarat.
As of 31 March 2024, Pranik Logistics has employed around 490 people on payroll.
Promoters of Pranik Logistics -Mr. Pranav Kumar Sonthalia, Ms. Shradha Kumari and Ms. Minal Sonthalia
Table of Contents
Pranik Logistics IPO Details
| Pranik Logistics IPO Dates | 10 – 14 October 2024 |
| Pranik Logistics Issue Price | INR 73 – 77 per share |
| Fresh issue | 29,18,400 shares (INR 21.30 – 22.47 crore) |
| Offer For Sale | NIL |
| Total IPO size | 29,18,400 shares (INR 21.30 – 22.47 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,23,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Pranik Logistics Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 33.47 | 60.53 | 66.84 | 22.31 |
| Expenses | 33.13 | 59.55 | 62.13 | 21.03 |
| Net income | 0.31 | 0.93 | 4.07 | 1.09 |
Pranik Logistics Offer News
- Pranik Logistics RHP
- Pranik Logistics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Pranik Logistics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.21 | 1.73 | 7.54 |
| PE ratio | – | – | 9.68 – 10.21 |
| RONW (%) | 8.67 | 12.66 | 35.56 |
| NAV | 14.00 | 13.66 | 21.19 |
| ROCE (%) | 15.40 | 23.38 | 54.14 |
| EBITDA (%) | 2.92 | 5.70 | 13.98 |
| Debt/Equity | 1.59 | 1.88 | 1.56 |
Pranik Logistics IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 October 2024 | 15 | – | 10,000 |
| 15 October 2024 | 15 | – | 10,000 |
Pranik Logistics IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 5,55,200 | 4,14,400 | 9,66,400 | 19,36,000 |
| 14 Oct 2024 | 35.67 | 744.44 | 97.21 | 218.10 |
| 11 Oct 2024 | 0.00 | 1.81 | 7.89 | 4.33 |
| 10 Oct 2024 | 0.00 | 0.85 | 4.32 | 2.34 |
The market maker reservation portion of 1,61,600 shares and anchor allocation of 8,20,800 shares are not included in the above calculations.
Pranik Logistics IPO Allotment Status
Pranik Logistics IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Pranik Logistics IPO Dates & Listing Performance
| IPO Opening Date | 10 October 2024 |
| IPO Closing Date | 14 October 2024 |
| Finalization of Basis of Allotment | 15 October 2024 |
| Initiation of refunds | 16 October 2024 |
| Transfer of shares to demat accounts | 16 October 2024 |
| IPO Listing Date | 17 October 2024 |
| Opening Price on NSE SME | INR 79 per share (up 2.60%) |
| Closing Price on NSE SME | INR 82.95 per share (up 7.73%) |
Pranik Logistics Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email:Â [email protected]
Website:Â www.narnolia.com
Pranik Logistics Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
Pranik Logistics Issue Contact Details
PRANIK LOGISTICS LIMITED
P. S. Srijan Tech Park, Plot No. 52, Block DN,
14th Floor, Sector V, Salt Lake, Kolkata – 700091
Phone: +91 7667852418
E-mail: [email protected]
Website: www.pranikgroup.com
IPO FAQs
What is Pranik Logistics offer size?
Pranik Logistics offer size is INR 21.30 – 22.47 crores.
What is Pranik Logistics offer price band?
Pranik Logistics public offer price is INR 73 – 77 per share.
What is the lot size of Pranik Logistics Offer?
Pranik Logistics offer lot size is 1,600 shares.
What is Pranik Logistics IPO GMP today?
Pranik Logistics IPO GMP today is INR 15 per share.
What is Pranik Logistics kostak rate today?
Pranik Logistics kostak rate today is INR NA per application.
What is Pranik Logistics IPO Subject to Sauda rate today?
Pranik Logistics’s Subject to Sauda rate today is INR 10,000 per application.
