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Pritika Engineering Components Limited

Pritika Engineering Components Private Limited is a manufacturer of precision machined components primarily for the automotive industry, including tractors, trucks, and other commercial vehicles. The company produces a wide range of components such as end covers, cover sealed brakes, differential cases, hydraulic lift covers, front wheel hubs, flywheel housings, rear axle casings, brake housings, and front engine supports, often customized for Original Equipment Manufacturers (OEMs) and supplied directly or through group companies. Incorporated in Punjab, the company serves clients including Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. Previously listed on the Calcutta Stock Exchange, it was directly listed on the Bombay Stock Exchange on October 1, 2015. Pritika Engineering recorded total revenue of Rs 5,739.58 lakhs for FY 2021-22 and is a wholly owned subsidiary of Pritika Auto Industries Limited. The company customizes products for tractors, commercial vehicles, and construction equipment, supplying them directly to Original Equipment Manufacturers (OEMs) or through their group companies. Previously listed on the Calcutta Stock Exchange, Pritika Engineering was officially listed on the Bombay Stock Exchange on October 1, 2015. Their manufacturing unit is based in Punjab, and they serve major clients like Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. For the financial year 2021-22, their total revenue was ₹5,739.58 lakhs. Pritika Engineering Components is a wholly owned subsidiary of Pritika Auto Industries Limited.

₹29 - ₹29156.38x sub
Listed Price42.20
Listing Gain+45.52%
TimelineFixed Price IPO
Open25 Nov 2022
Close30 Nov 2022
Allotment05 Dec 2022
Listing08 Dec 2022

Quota Reservation Portions

Market MakerPortion: 1,64,000 shares
5.05%
Nii (hni)Portion: 15,42,000 shares
47.48%
RetailPortion: 15,42,000 shares
47.48%

Minimum Application Bracket Matrix

Retail1 lots / 4,000 shares
₹1,16,000
HNI2 lots / 8,000 shares
₹2,32,000

About the Company

Pritika Engineering Components Private Limited is a manufacturer of precision machined components primarily for the automotive industry, including tractors, trucks, and other commercial vehicles. The company produces a wide range of components such as end covers, cover sealed brakes, differential cases, hydraulic lift covers, front wheel hubs, flywheel housings, rear axle casings, brake housings, and front engine supports, often customized for Original Equipment Manufacturers (OEMs) and supplied directly or through group companies. Incorporated in Punjab, the company serves clients including Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. Previously listed on the Calcutta Stock Exchange, it was directly listed on the Bombay Stock Exchange on October 1, 2015. Pritika Engineering recorded total revenue of Rs 5,739.58 lakhs for FY 2021-22 and is a wholly owned subsidiary of Pritika Auto Industries Limited. The company customizes products for tractors, commercial vehicles, and construction equipment, supplying them directly to Original Equipment Manufacturers (OEMs) or through their group companies. Previously listed on the Calcutta Stock Exchange, Pritika Engineering was officially listed on the Bombay Stock Exchange on October 1, 2015. Their manufacturing unit is based in Punjab, and they serve major clients like Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. For the financial year 2021-22, their total revenue was ₹5,739.58 lakhs. Pritika Engineering Components is a wholly owned subsidiary of Pritika Auto Industries Limited.

Company Promoters

Pritika Auto Industries Limited
Pritika Engineering Components Limited IPO Details | GMP, Allotment & Financials | IPO Trending