Pritika Engineering IPO description – Pritika Engineering is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. The company manufactures various Tractors & Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.
It manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies. Pritika Engineering was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015.
Pritika Engineering’s manufacturing unit is located in Punjab. The company’s clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others. Pritika Engineering Components Limited is a wholly owned subsidiary of Pritika Auto Industries Limited.
Promoters of Pritika Engineering – Pritika Auto Industries Limited
Pritika Engineering IPO Details
| Pritika Engineering IPO Dates | 25 – 30 November 2022 |
| Pritika Engineering IPO Price | INR 29 per share |
| Fresh issue | 32,48,000 shares (INR 9.42 crore) |
| Offer For Sale | Nil |
| Total IPO size | 32,48,000 shares (INR 9.42 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 1,16,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Pritika Engineering Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 21.72 | 32.44 | 57.40 |
| Expenses | 21.58 | 31.86 | 51.52 |
| Net income | 0.42 | 0.38 | 3.91 |
Pritika Engineering Offer News
Pritika Engineering Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.27 | 0.60 | 7.15 |
| PE ratio | – | – | 4.06 |
| RONW (%) | 2.55 | 3.03 | 33.05 |
| NAV | – | 17.00 | 22.00 |
Pritika Engineering IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 Dec 2022 | 10 | – | 25,000 |
| 6 Dec 2022 | 10 | – | 25,000 |
| 5 Dec 2022 | 10 | – | 25,000 |
| 3 Dec 2022 | 9 | – | 22,000 |
| 2 Dec 2022 | 9 | – | 22,000 |
| 1 Dec 2022 | 9 | – | 22,000 |
| 30 Nov 2022 | 9 | – | 22,000 |
| 29 Nov 2022 | 8 | – | 20,000 |
| 28 Nov 2022 | 8 | – | 20,000 |
| 25 Nov 2022 | 10 | – | – |
| 24 Nov 2022 | 10 | – | – |
| 23 Nov 2022 | 5 | – | – |
Pritika Engineering Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,624,000 | 1,624,000 | 3,248,000 |
| 30 Nov 2022 | 137.01 | 159.96 | 148.49 |
| 29 Nov 2022 | 7.70 | 47.31 | 27.51 |
| 28 Nov 2022 | 3.17 | 19.06 | 11.11 |
| 25 Nov 2022 | 1.32 | 4.08 | 2.70 |
Pritika Engineering Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054
Gujarat, India
Phone:Â +91 87775 64648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Pritika Engineering Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +91 22 4918 6200Â
Email:Â [email protected]
Website:Â www.linkintime.co.in
Pritika Engineering Contact Details
PRITIKA ENGINEERING COMPONENTS LIMITED
Plot No. C-94, Phase-VII Industrial Focal
Point, S.A.S Nagar, Mohali, Punjab – 160055
Phone: +91 9878723399
Email: [email protected]
Website: www.pritikaengineering.com
Pritika Engineering IPO Allotment Status
Pritika Engineering IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Pritika Engineering IPO Dates & Listing Performance
| Pritika Engineering Offer Opening Date | 25 November 2022 |
| Pritika Engineering IPO Closing Date | 30 November 2022 |
| Finalisation of Basis of Allotment | 05 December 2022 |
| Initiation of refunds | 06 December 2022 |
| Transfer of shares to demat accounts | 07 December 2022 |
| Pritika Engineering IPO Listing Date | 08 December 2022 |
| Opening Price on NSE SME | INR 42.2 per share (up 45.52%) |
| Closing Price on NSE SME | INR 44.3 per share (up 52.76%) |
Pritika Engineering IPO FAQs
What is Pritika Engineering offer size?
Pritika Engineering offer size is INR 9.42 crore.
What is Pritika Engineering IPO Price Band?
Pritika Engineering public offer price is INR 29 per share.
What is the lot size of Pritika Engineering IPO?
Pritika Engineering offer lot size is 4,000 shares.
What is Pritika Engineering IPO GMP today?
Pritika Engineering IPO GMP today is INR 10 per share.
What is Pritika Engineering kostak rate today?
Pritika Engineering kostak rate today is NA per application.
What is Pritika Engineering Subject to Sauda rate today?
Pritika Engineering Subject to Sauda rate today is INR 25,000 per application.
