Listed Price₹79.00
Listing Gain+2.60%
Price Band₹73 - ₹77
Lot Size1,600 shares
Min Bid₹1,23,200
Subscription218.1x
Listed Market Snapshot
₹79.00Listed price from market data
+2.60%listing gain
Issue Amount
₹22.47 Cr
Listed Price
₹79.00
Current Price
₹45.6
Registrar
Maashitla Securities Private Limited
Timeline•Bookbuilding IPO
Open10 Oct 2024
Close14 Oct 2024
Allotment15 Oct 2024
Listing17 Oct 2024
Quota Reservation Portions
RetailPortion: 9,66,400 shares
33.11%Nii (hni)Portion: 4,14,400 shares
14.2%AnchorPortion: 8,20,800 shares
28.13%QIBPortion: 5,55,200 shares
19.02%Market MakerPortion: 1,61,600 shares
5.54%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,23,200HNI2 lots / 3,200 shares
₹2,46,400About the Company
Pranik Logistics Limited, established in 2015, is a nationwide logistics service provider in India. They specialize in freight forwarding and transportation, offering services like warehousing, material handling, and cargo movement. Serving industries such as retail, telecom, manufacturing, and pharmaceuticals, the company follows an asset-light model. They own a fleet of 86 commercial vehicles, available for lease if needed, and manage 30 warehouses across the country. As of September 30, 2024, Pranik Logistics had a dedicated team of 625 permanent employees.
Company Promoters
Mr. Pranav Kumar SonthaliaMs. Shradha KumariMs. Minal Sonthalia
Lead Managers
Registrar
Maashitla Securities Private Limited