Â
Prime Customer Services IPO
Â
Incorporated in 2007, Prime Customer Services is a multi-services customer focused organization and offers value added services to a whole range of clients spread across various business segments. The company is engaged in the business of providing services; namely, warehousing solutions, cold storage and ripening solutions, manpower solutions and packaging solutions. It is also engaged in trading of perishable food items, mainly fruits and vegetables in the domestic as well as export markets. Prime Customer Services’ customers are primarily located in the western India, majorly Gujarat and Maharashtra. The company started exporting fruits and vegetables in the year 2015-16, currently to U.A.E.
Started with an idea to deliver fruits and vegetables at customer door steps with a small warehouse and a designer mobile van shop in the year 2007, the Company has reached a stage where it has entered into tie-up with large corporate from procurement of fruits and vegetables and operate a warehouse facility, cold storage & ripening chambers of approximately 10,180 sq. ft. totally and managing clients’ warehouse and cold storage facilities of approximately 2,55,700 sq. ft. currently.
Promoters of Prime Customer Services – Jinen Ghelani, Hiren Ghelani and NH Time Investments Research Pvt. Ltd.
|
Prime Customer Services IPO details |
|
| Subscription Dates | 20 – 23 Mar 2017 |
| IPO Price band | INR60 per share |
| Fresh issue | 1,214,000 shares (INR7.28 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,214,000 shares (INR7.28 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Â
|
Prime Customer Services financial performance (in INR crore) |
||||||
| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 6M FY2017 | |
| Total revenue | 7.47 | 10.69 | 17.48 | 19.62 | 21.05 | 13.92 |
| Total expenses | 7.29 | 10.39 | 17.33 | 19.50 | 20.65 | 13.56 |
| Profit after tax | 0.13 | 0.06 | 0.10 | 0.08 | 0.27 | 0.25 |
| Day | Subscription (no. of times) |
| Day 1 | 0.10 |
| Day 2 | Â 0.43 |
| Day 3 | Â 0.55 |
| Day 4 | Â 1.30 |
Prime Customer Services Limited
41/6, 8/A Haji Pir Kirvani Dargah
Nr. Marwari Chal, Ahmedabad – 380 022
Phone:Â +91 79 2532 0300
Email: [email protected]
Website:Â www.primecustomer.co.in
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
Prime Customer Services IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.
IPO Opening Date: 20Â March 2017
IPO Closing Date: 23 March 2017
Finalisation of Basis of Allotment: 28Â March 2017
Initiation of refunds: 29Â March 2017
Transfer of shares to demat accounts: 30 March 2017
Listing Date: 31 March 2017
Listing Price on BSE SME: INR60.1 per share (return of 1.8% on IPO price)
Closing Price on BSE SME: INR60.05 per share (unchanged from IPO price)
