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Pranik Logistics Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Pranik Logistics Ltd IPO

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.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Oct-24 14-Oct-24 (Rs)77.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 20.00
Narnolia Financial Services Ltd
Project Financed through Current Offer 22.47  
Post Issue Equity Share Capital 11.01  
Issue Price (Rs)77.00  
 
Projects
Investment in Technology/ERPWorking Capital Requirement
Capital ExpenditureGeneral Corporate Purposes
Promoted By
Pranav Kumar Sonthalia  
Shradha Kumari  
Minal Sonthalia  
Listing At
NSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd