Pranik Logistics IPO

Pranik Logistics Ltd

₹1,16,800 /1600 sharesMinimum Investment

Pranik Logistics IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹77.00₹79.00₹2.00 (2.60%)

Pranik Logistics IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
10 Oct ‘24 - 14 Oct ‘24₹1,16,8001,600₹73 - ₹77
Issue SizeIPO Doc
22.47Cr
RHP PDF

Subscription rate

As of 10 Oct'24, 06:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total1.74370709382151x

About Pranik Logistics

Pranik Logistics operates as a carrying and forwarding agent providing end-to-end logistics services like transportation, warehousing, material handling, and freight forwarding to industries such as retail, consumer durables, telecommunications, manufacturing, and pharmaceuticals.;
Founded in
2015
Managing director
Mr. Pranav Kumar Sonthalia
Parent organisation
Pranik Logistics Ltd

Strengths & Financials of Pranik Logistics

Strengths
Risks
The company offers its services in over 13 states of India.
The company’s fleet includes various types of trucks, each designed for specific tasks. Container trucks manage parcel transportation, while platform trucks are dedicated to heavy-duty items such as automotive parts and machinery.
Pranik Logistics directly manages a total of 30 warehouses.
The company’s clientele includes names like Zepto, Zomato, Too Yumm, VIP, Max, and Moglix.
The company holds a licence from the Food Safety and Standards Authority of India (FSSAI).
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 33.47 crore in FY22 to Rs 60.53 crore in FY23 to Rs 66.84 crore in FY24, while PAT increased from Rs 0.31 crore in FY22 to Rs 0.93 crore in FY23 to Rs 4.06 crore in FY24.

Pranik Logistics Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Pranik Logistics IPO

Apply asPrice bandApply upto
Regular73 - 77₹2 Lakh
High Networth Individual73 - 77₹2 - 5 Lakh
For Pranik Logistics IPO, eligible investors can apply as Regular.
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