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Priti International Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size7,00,800 shares (aggregating up to ₹5.26 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 11 Jun 2018
Subscription CloseWed, 13 Jun 2018
Anchor AllotmentSun, 10 Jun 2018
Basis of AllotmentMon, 18 Jun 2018
Initiation of RefundsTue, 19 Jun 2018
Credit of Shares to DematWed, 20 Jun 2018
Listing DateThu, 21 Jun 2018
UPI Mandate Deadline2018-06-13
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 3,200 shares
Net Offer to Public6,65,600 shares (aggregating up to ₹4.99 Cr)
Reserved for Market Maker35,200 shares (aggregating up to ₹0.2640 Cr)
Pre-IPO Promoter Holding51,88,000 shares
Post-IPO Promoter Holding60,90,400 shares
About Priti International Ltd.

Incorporated in 2017, Jodhpur based Priti International Limited is a company engaged in the manufacturing and exporting of Handicraft Products. It also deals in manufacturing of wooden, metal and textile-based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. The Company's products range from solid wood and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile-based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc.Priti Lohiya, one of the promoters of the Company, commenced the business of handicraft products in the name and style M/s. Priti International, a proprietary concern in the year 2002 at facilities located at Basni and Boranada in Jodhpur, Rajasthan. The running business of M/s. Priti International was acquired by Priti International Limited on November 11, 2017.Priti International majorly caters to international markets. It exports products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. The company also export its products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.The company has 45 employees on its payroll. It also employs contract laborers and temporary laborers as per requirement.

Objects of the Issue

Priti International Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Part Repayment of Loans
13.00
2
2 General Corporate Purpose
1.62
Shareholding & Lock-in
Pre-IPO Promoter Holding 51,88,000 shares
Post-IPO Promoter Holding 60,90,400 shares
Check AllotmentCheck Status →
Priti International Ltd. — Live Price LIVE
₹75.00
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Issue ₹75.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹75
GMPNIL
Est. Listing₹75
Lot Size1,600 shares
Min Amount₹240,000
Listing Date21 Jun 2018
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹75
Listing Date21 Jun 2018
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 35,200 ₹0.26 Cr
TOTAL 700,800 100.00% ₹5.26 Cr
* Based on ₹75.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹75.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹120,000
Retail (Max) 13 20,800 ₹1,560,000
sNII (Min) 14 22,400 ₹1,680,000
bNII (Min) 68 108,800 ₹8,160,000
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Dec-17FY 2023-24FY 2022-23
Revenue from Operations 323.63 N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 15.97 N/A N/A
Net Worth N/A N/A N/A
Total Assets 769.37 N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹75
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Priti International Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No. F-43, Basni, Ist Phase, Jodhpur, Rajasthan, 342001
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)