IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Pranik Logistics Ltd

Registered Office : P.S.Srijan Tech Park Plot # 52,Block DN 14th Flr Sector V S.L,Kolkata West Bengal 700091 Phone : +91 76678 52418
Fax :

Email : ayon@pranikgroup.com

Website : www.pranikgroup.com

Initial public offering of up to 29,18,400 equity shares of Rs. 10/- each ("Equity Shares") of Pranik Logistics Limited ("Pranik" or "PL" or the "Company") for cash at a price of Rs. 77/- per equity share (the "Issue Price"), aggregating to Rs. 22.47 crores ("The Issue"). Out of the issue, 1,61,600 equity shares aggregating to Rs. 1.24 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 27,56,800 equity shares of face value of Rs. 10/- each at an issue price of Rs. 77/- per equity share aggregating to Rs. 21.23 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51 % and 25.04 %, respectively of the post issue paid up equity share capital of the company.

Issue

Opens On

Closes On

10-Oct-2024

14-Oct-2024

Money Payable On

Application

Allotment

77.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

20.00

22.47

11.01

77.00

Narnolia Financial Services Ltd

Projects

Investment in Technology/ERP

Capital Expenditure

Working Capital Requirement

General Corporate Purposes

Promoted By

Pranav Kumar Sonthalia

Shradha Kumari

Minal Sonthalia

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd