| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹22.47 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹22.47 Cr |
| Fresh Issue | ₹21.23 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน73.00-77.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | PRANIK |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Narnolia Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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
As at September 30, 2024, the company had 625 permanent employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet out the expenses for Investment in technology | 0.80 |
| 2 | To meet out the Capital Expenditure Requirement of Company; | 2.20 |
| 3 | To meet out the Working Capital requirements of the Company; | 12.00 |
| 4 | To meet out the General Corporate Purposes; and | 5.00 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 38.43 | 35.68 | 23.53 | 14.04 |
| Total Income | 22.49 | 67.70 | 60.91 | 33.61 |
| Profit After Tax | 1.09 | 4.07 | 0.93 | 0.32 |
| NET Worth | 12.52 | 11.43 | 7.37 | 3.64 |
| Reserves and Surplus | 4.43 | 6.04 | 1.97 | 1.04 |
| Total Borrowing | 19.62 | 17.84 | 13.82 | 5.78 |
| Amount in ₹ Crore | ||||
| KPI | Jun 30, 2024 |
|---|---|
| ROE | 8.70% |
| ROCE | 11.79% |
| Debt / Equity | 1.57% |
| RoNW | 8.70% |
| PAT Margin | 4.88% |
| Price to Book Value | 3.63 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.02 | 3.96 |
| P/E (x) | 15.33 | 19.46 |
| Promoter Holding | 99.99% | 73.49% |
| Market Cap | โน84.78 Cr. | |