Pranik Logistics Limited

Company Profile
Company Name Pranik Logistics Limited
Open Date 10-10-2024
Close Date 14-10-2024
Exchange NSE SME
Lot Size 1,600 Shares
Issue Price ₹73 to ₹77 per share
Issue Size 29,18,400 shares
Application Amount ₹1,23,200
Recommendation Avoid
Pranik Logistics Limited was originally incorporated on Feb 24, 2015. The registered office is located at Kolkata, West Bengal. The 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. The company has 625 permanent employees as on Sep 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 3,346.73 6,052.70 6,683.93
EBITDA 83.38 307.22 848.04
Net Profit 31.54 93.23 406.56
RoCE 12.32% 19.28% 47.74%
ROE 8.67% 12.66% 35.56%
P/E 63.64 44.51 10.21

Tentative Timeline

Opening Date 10-10-2024
Closing Date 14-10-2024
Basis of Allotment 15-10-2024
Initiation of Refunds 16-10-2024
Credit of Shares to Demat 16-10-2024
Listing Date 17-10-2024

Objects of the Issue

Investment in Technology/ERP
Capital Expenditure
Working capital requirements
General Corporate Purposes

Contact Information

Registered Office Pranik Logistics Limited P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata - 700091
Phone +91 7667852418
Email ayon@pranikgroup.com
Website https://pranikgroup.com/

Registrar Details

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

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
Retail Shares Offered Not more than 35.00% of the Net Issue
NII (HNI) Shares Offered Not more than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 99.99%
Shareholding Post Issue (Promoters) 73.49%

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