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Pranik Logistics Limited
Issue Size (Net)
up to Rs.22.47 Cr
Price Band
Rs.73 to Rs.77 per share
Issue Opens
October 10, 2024
Issue Closes
October 14, 2024

Company Highlights

1.Company Information

Pranik Logistics Limited was founded in 2015 and offers integrated logistics solutions.
The company is a PAN India logistics provider operating as a freight forwarder and transporter, providing integrated services such as transportation, warehousing, material handling, and freight forwarding to its clients in various industries such as retail, consumer durables, telecom, manufacturing, pharma, etc.
The company has its own fleet of 86 commercial vehicles, which can also be leased if required. In addition, the company has a total of 30 warehouses that are managed directly by the company.
Competitive strengths
1.Experienced and qualified management team
2.Long-standing customer relationships with its customers from various industries
3.Asset-light business model
4.Quality assurance and standards

2. Objects of the Issue

1. Funding the working capital requirements; and
2.General Corporate Purposes

3.Pranik Logistics IPO Registrar
Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Pranik Logistics Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Jun-24
3,842.75
2,248.89
108.9
1,252.09
442.91
1,961.83
31-Mar-24
3,568.30
6,770.08
406.56
1,143.19
603.74
1,783.95
31-Mar-23
2,352.73
6,090.62
93.23
736.63
197.18
1,382.09
31-Mar-22
1,404.48
3,360.96
31.54
363.96
103.95
577.87
Amount in Rs. Lakhs

Pranik Logistics IPO Details

Issue Opening Date
October 10, 2024
Issue Closing Date
October 14, 2024
Face Value
Rs.10 per share
Price
Rs.73 to Rs.77 per share
Lot Size
1600 Shares
Issue Size
2,918,400 shares(aggregating up to Rs.22.47 Cr)
Fresh Issue
2,918,400 shares(aggregating up to Rs.22.47 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Pranik Logistics IPO Timeline(Tentative Schedule)

Event
Tentative Date
Opening Date
Thursday, October 10, 2024
Closing Date
Monday, October 14, 2024
Basis of Allotment
Tuesday, October 15, 2024
Initiation of Refunds
Wednesday, October 16, 2024
Credit of Shares to Demat
Wednesday, October 16, 2024
Listing Date
Thursday, October 17, 2024
Cut-off time for UPI mandate confirmation
5 PM on October 14, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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