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Open
10 Oct 2024
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Close
14 Oct 2024
3
Allotment
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Listing
Thu, Oct 17, 2024
Price Band
₹73 to ₹77
Issue Size
29,18,400 shares (agg. up to ₹22 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Oct 17, 2024
Latest GMP
₹4
Est. Gain
5.19%
✦ AI Insight
GMP Trend
17-10-2024₹4Est. ₹81+5.19%
16-10-2024₹4Est. ₹81+5.19%
15-10-2024₹12Est. ₹89+15.58%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 152.66x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.85 (+0.24%) |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹132.50 (+0.38%) |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹62.00 (+0.81%) |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,423.70 (+2.49%) |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹54.00 (+0.47%) |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹45.75 (-1.08%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹9.56 (-4.40%) |
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹21.00 (-4.55%) |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹328.30 (-2.48%) |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹14.15 (+4.81%) |
| Western Carriers (India) Ltd. | Mainboard | ₹492.88 Cr | ₹172 | 16.85 | ₹159.44 | -7.30% | ₹94.67 (-0.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Pranik Logistics IPO
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 Experienced and qualified management team Long-standing customer relationships with its customers from various industries Asset-light business model Quality assurance and standards As at September 30, 2024, the company had 625 permanent employees.+ Read More
Contact Details
Pranik Logistics Ltd. AddressP.S.Srijan Tech Park, Plot No.52Block DN, 14th Floor, Sector VSalt LakeKolkata, West Bengal, 700091+91 7667852418ayon@pranikgroup.comVisit Website