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Pramara Promotions IPO IPO

Mainline1 Sep 20235 Sep 2023
Open
1 Sep 2023
Close
5 Sep 2023
3
Allotment
Listing
Wed, Sep 13, 2023
Price Band
₹63 per share
Issue Size
24,24,000 shares (agg. up to ₹15 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Sep 13, 2023
Latest GMP
₹31
Est. Gain
49.21%
✦ AI Insight

GMP Trend

13-09-202331Est. ₹94+49.21%
12-09-202331Est. ₹94+49.21%
11-09-202335Est. ₹98+55.56%

Live Subscription

CategorySubscription (times)
Total25.30x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets61.3961.9549.23
Total Income51.1949.4340.96
Profit After Tax2.231.350.33
NET Worth15.9713.7412.35
Reserves and Surplus9.4412.5411.15
Total Borrowing33.3131.3430.33
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Crayons Advertising Ltd.SME₹41.80 Cr₹659.39₹94.50+45.38%₹28.00 (-2.44%)
Innokaiz India Ltd.SME₹21.17 Cr₹78null₹155.61+99.50%₹12.35 (-5.00%)
Bright Outdoor Media Ltd.SME₹55.48 Cr₹14624.21₹157.50+7.88%₹370.00 (-1.33%)
DAPS Advertising Ltd.SME₹5.10 Cr₹308.82₹55.10+83.67%₹23.89 (+0.04%)
Cyber Media Research & Services Ltd.SME₹14.04 Cr₹18034.95₹257.50+43.06%₹62.75 (-4.92%)
Maagh Advertising & Marketing Services Ltd.SME₹9.12 Cr₹6037.5₹65.40+9.00%₹25.42 (-4.97%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding our working capital requirements; and9.75
2General corporate purposes3.02

About Pramara Promotions IPO

Incorporated in 2006, Pramara Promotions Limited is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others. The company offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions and more. The company also manufacture the products under an OEM arrangement, where& the company manufactures products such as water bottles, pens, etc. which are branded with the company's logo or design and used as promotional merchandise. Pramara has designed and manufactured around 5000 products. The company has also expanded its product offerings by launching the brands "Toyworks" and;"Tribeyoung". Pramara undertake a part of the manufacturing activities through its third-party manufacturing partner. As of July 31, 2023, the company's overall staff strength is 83 employees. Competitive Strength: Established track record. Strong product designing and development capabilities backed by t

Contact Details

Pramara Promotions Ltd. AddressA-208, Boomerang Equity Bussi ParkCTS No.4 ETC Chandivali Farm RoadSakinaka, Andheri EastMumbai, Maharashtra, 400072investor@pramara.comVisit Website