Pranik Logistics IPO Kicks off with 2.16x Subscription Rate on Day 1 – Discover the Exciting Details!Pranik Logistics IPO Kicks off with 2.16x Subscription Rate on Day 1 – Discover the Exciting Details!

Pranik Logistics Limited IPO steadily attracted investor interest, achieving a good 2.16 times subscription on Day 1. This demonstrates strong investor confidence and a positive market response, underscoring its potential in the automotive sector.

How to check Pranik Logistics IPO Subscription Status?

Steps to check Pranik Logistics Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Pranik Logistics Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Pranik Logistics Limited IPO Allotment Status

The allotment date for the Pranik Logistics Limited IPO is set for October 15, with shares priced from ₹73 to ₹77 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Pranik Logistics Limited IPO Listing Date 

Pranik Logistics Limited IPO is expected to be listed on the NSE SME on October 17, 2024.