Issue Price
₹77
Per Share
GMP
NIL
Grey Market
Est. Listing
₹77
Expected Price
Min. Application
₹246,400
2 lots × 1600 shares
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 strengthsExperienced and qualified management teamLong-standing customer relationships with its customers from various industriesAsset-light business modelQuality assurance and standardsAs at September 30, 2024, the company had 625 permanent employees.
Pranik Logistics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 161,600 | — | ₹1.24 Cr | — |
| TOTAL | 2,918,400 | 100.00% | ₹22.47 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹123,200 |
| Retail (Max) | 13 | 20,800 | ₹1,601,600 |
| sNII (Min) | 14 | 22,400 | ₹1,724,800 |
| bNII (Min) | 68 | 108,800 | ₹8,377,600 |
| Particulars | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 2248.89 | 6770.08 | 6090.62 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 108.90 | 406.56 | 93.23 |
| Net Worth | 1252.09 | 1143.19 | 736.63 |
| Total Assets | 3842.75 | 3568.30 | 2352.73 |
| Reserves & Surplus | 442.91 | 603.74 | 197.18 |
| Total Borrowings | 1961.83 | 1783.95 | 1382.09 |