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Open
25 Nov 2022
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Close
30 Nov 2022
3
Allotment
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Listing
Thu, Dec 8, 2022
Price Band
₹29 per share
Issue Size
32,48,000 shares (agg. up to ₹9 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Dec 8, 2022
Latest GMP
₹10
Est. Gain
34.48%
✦ AI Insight
GMP Trend
08-12-2022₹10Est. ₹39+34.48%
07-12-2022₹11Est. ₹40+37.93%
06-12-2022₹10Est. ₹39+34.48%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 156.21x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 81.22 | 71.07 | 55.94 | 41.34 |
| Total Income | 43.40 | 57.40 | 32.44 | 21.72 |
| Profit After Tax | 1.86 | 5.46 | 0.38 | 0.14 |
| NET Worth | 18.33 | 16.53 | 12.62 | 5.39 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | |
| Total Borrowing | 31.61 | 25.08 | 21.97 | 20.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shigan Quantum Technologies Ltd. | SME | ₹22.70 Cr | ₹50 | 12.41 | ₹64.05 | +28.10% | ₹64.95 (+2.44%) |
| Precision Metaliks Ltd. | SME | ₹21.93 Cr | ₹51 | 19.32 | ₹71.25 | +39.71% | ₹6.95 (+4.51%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in relation to the new unit set up by our wholly owned subsidiary, Meeta Castings Limited (MCL) | 7.00 |
| 2 | General Corporate Purposes | 0.57 |
| Total | 7.57 |
About Pritika Engineering IPO
Pritika Engineering Components Limited is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. The company manufactures various Tractors & Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc. Pritika Engineering manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies. The company was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015. Pritika Engineering Components Limited's manufacturing unit is located in Punjab. The company's clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others. The total revenue for the year 2021-22 is Rs 5,739.58 lakhs. Pritika Engineering Components Limited is a wholly owned subsidiary of Pritika Auto
Contact Details
Pritika Engineering Components Ltd. AddressPlot No.C-94Phase-VII Industrial Focal PointS.A.S NagarMohali, Punjab, 160055+91 9878723399compliance.pecl@pritikagroup.comVisit Website