Pranik Logistics Ltd

Issue
Opens On Closes On
10-Oct-24 14-Oct-24
Money Payable On
Application Allotment
77.00 0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

Lead Managers to the Issue
Project Cost (₹.Cr) 20.00 Narnolia Financial Services Ltd
Project Financed through Current Offer (₹.Cr) 22.47  
Post Issue Equity Share Capital (₹.Cr) 11.01
Issue Price (₹) 77.00
Projects

Investment in Technology/ERP

Capital Expenditure

Working Capital Requirement

General Corporate Purposes

Promoted By
Pranav Kumar Sonthalia
Shradha Kumari
Minal Sonthalia
Listing At
NSE - SME
Registrar to the Issue
No Data Available
  • Registered Office: P.S.Srijan Tech Park Plot # 52,Block DN 14th Flr Sector V S.L, Kolkata - 700091, West Bengal, India. Phone : +91 76678 52418   Fax:
  • Email : ayon@pranikgroup.com
  • Website :www.pranikgroup.com
Initial public offering of up to 29,18,400 equity shares of Rs. 10/- each ("Equity Shares") of Pranik Logistics Limited ("Pranik" or "PL" or the "Company") for cash at a price of Rs. 77/- per equity share (the "Issue Price"), aggregating to Rs. 22.47 crores ("The Issue"). Out of the issue, 1,61,600 equity shares aggregating to Rs. 1.24 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 27,56,800 equity shares of face value of Rs. 10/- each at an issue price of Rs. 77/- per equity share aggregating to Rs. 21.23 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51 % and 25.04 %, respectively of the post issue paid up equity share capital of the company.
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