Pranik Logistics Ltd., established in 2015, operates in the Logistics - Warehousing/Supply Chain/Others sector. The company's IPO opened on October 10, 2024 and closed on October 14, 2024, with an ... Read more
Our company is engaged as carrying and forwarding agent providing end-to-end Logistics solutions i.e. from the point of origin to the point of consumption, in order to meet the needs of our customers and corporations. We are a pan India logistics provider, acting as carrying and forwarding agent ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 8,20,800 (28.13%) |
| Market Makers | 1,61,600 (5.54%) |
| Non Institutional Investors | 4,14,400 (14.2%) |
| Qualified Institutional Buyers (QIBs) | 5,55,200 (19.02%) |
| Retail Individual Investors (RIIs) | 9,66,400 (33.11%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 67.70 Cr | 4.07 Cr | 6.04 Cr |
| 31 Mar 2023 | 60.91 Cr | 93.23 Lakh | 1.97 Cr |
| 31 Mar 2022 | 33.61 Cr | 31.54 Lakh | 1.04 Cr |
Our Company was incorporated as a Private Limited Company under the name of “Pranik Logistics Private Limited” under the Companies Act, 2013 vide certificate of incorporation dated February 24, 2015, issued by Registrar of Companies, Kolkata, bearing CIN U60231WB2015PTC205412. ...
Read more1. Investment in Technology
2. Capital Expenditure
3. Working Capital Requirement
4. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 77.00 |
| Open | - | ₹ 79.00 |
| Low | - | ₹ 79.00 |
| High | - | ₹ 82.95 |
| Last Trade | - | ₹ 82.95 |
1. Mr. Pranav Kumar Sonthalia
2. Ms. Shradha Kumari
3. Ms. Minal Sonthalia
Global Smart Warehouse Industry
Smart Warehousing Market size is expected to cross USD 122 Billion by the end of 2036, growing at a CAGR of 15% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of smart warehousing was over USD 20 Billion. The growth of the
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When does Pranik Logistics Ltd. IPO opens and closes?
What is the size of Pranik Logistics Ltd. IPO?
What is the price range of Pranik Logistics Ltd. IPO?
What is the minimum investment and lot size required for the Pranik Logistics Ltd. IPO?
When is Pranik Logistics Ltd. IPO listing date?
What is the objective of Pranik Logistics Ltd. IPO?
The Initial Public Offering (IPO) of Pranik Logistics has concluded today, October 14, 2024, with a remarkable 216.25 times subscription. This means that investors placed bids for over 41.86 crore shares, far exceeding the 19.36 lakh shares on offer. Non-Institutional Investors: This category received an overwhelming 744 times subscription, The RII portion was subscribed 93.70 times, while the QIBs subscribed to the IPO 35.67 times.
Investors had the opportunity to subscribe to the Pranik Logistics IPO from October 10th to 14th, 2024. The allotment of shares is scheduled for October 15th, 2024. Following this, the company's shares are expected to list on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on October 17th, 2024. The Pranik Logistics IPO, which offered 29.18 lakh shares, was allocated as follows: 19.02% to Qualified Institutional Buyers (QIBs), 14.2% to Non-Institutional Investors (NIIs), 33.11% to Retail Individual Investors (RIIs), and 28.13% to Anchor Investors. Anchor investors contributed Rs 6.32 crore to the IPO.
Pranik Logistics Limited, established in 2015, provides comprehensive logistics solutions. The company's promoters are Mr. Pranav Kumar Sonthalia, Ms. Shradha Kumari, and Ms. Minal Sonthalia. Between the financial years ending March 31, 2024, and March 31, 2023, Pranik Logistics Limited's revenue experienced an 11% increase, while its profit after tax (PAT) saw a remarkable 336% surge.
15 October 2024
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