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Pranik Logistics Limited

  • Minimum Investment
    ₹1,16,800
  • Price Range
    ₹73 - ₹77
  • Issue Size
    ₹22.47 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet the expenses for investment in technology

To meet the capital expenditure requirement of the company

To meet the working capital requirements of the company

To meet the general corporate purposes

To meet the issue expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Pranik Logistics Limited

Asset-light business model

The company primarily operates on an "asset-light" business model, allowing flexibility, scalability, and high capital efficiency. This approach reduces capital expenditure, mitigates operational risks from maintenance costs and depreciation, and lessens the impact of regulatory changes. Currently, the company owns 86 vehicles, with additional needs managed through trip-based leasing

Quality assurance and standards

The company has obtained an FSSAI license to facilitate the delivery of perishable goods. Adhering to industry quality standards leads to repeat orders from customers, and helps maintain its brand image in the market

Long-standing relationships

The company has established long-standing relationships with its customers, built on a commitment to quality and timely delivery. Over the past decade, it has gained invaluable experience by incorporating the latest technologies and optimizing its resources, continuously improving offerings to meet customer needs

Dependent on transportation providers

The company relies on third parties to acquire vehicles for its transportation operations. Additionally, market instability, such as fluctuating fuel costs, may negatively affect its operations and financial performance

Expenses

A significant portion of expenses arises from freight and forwarding charges categorized as "other expenses." Failure to effectively reduce and manage these costs may negatively impact future profitability

Handling of goods

The company is vulnerable to risks from improper handling of goods at its facilities. Shortcomings due to fraud, theft, negligence, or human error could harm its reputation and negatively impact business, financial condition, and operational results

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Current Liabilities--
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
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About Pranik Logistics Limited

Pranik Logistics Ltd. was incorporated on February 24, 2015. The company operates as a carrying and forwarding agent, offering end-to-end logistics solutions from origin to consumption. As a pan-Indian logistics provider, it delivers integrated services such as transportation, warehousing, material handling, and freight forwarding to various industries, including retail, consumer durables, telecom, manufacturing, and pharma
  • Promoter
    Pranav Kumar Sonthalia
  • Promoter
    Shradha Kumari
  • Promoter
    Minal Sonthalia

Pranik Logistics Limited IPO FAQs

What is Pranik Logistics Limited IPO?

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Pranik Logistics Limited IPO refers to the initial public offering of shares by Pranik Logistics Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Pranik Logistics Limited IPO?

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For Pranik Logistics Limited IPO the issue size is ₹22 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Pranik Logistics Limited IPO?

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For Pranik Logistics Limited IPO the minimum investment is ₹1,16,800. The minimum investment for Pranik Logistics Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Pranik Logistics Limited IPO?

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For Pranik Logistics Limited IPO the lot size is 1600 shares. The lot size of Pranik Logistics Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Pranik Logistics Limited IPO on Share.Market?

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To apply for Pranik Logistics Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Pranik Logistics Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Pranik Logistics Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Pranik Logistics Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Pranik Logistics Limited IPO?

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For Pranik Logistics Limited IPO the allotment date is October 15, 2024. The allotment date of Pranik Logistics Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Pranik Logistics Limited IPO?

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For Pranik Logistics Limited IPO, the subscription opens on October 10, 2024 and closes on October 14, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
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