URL copied to clipboard

Trending News

Pranik Logistics IPO GMP: Key Points You Shouldn’t Miss! 

Pranik Logistics Limited IPO offers shares at ₹73 to ₹77, with a ₹0 Grey Market Premium. Available in 1600 share lots, the subscription runs from October 10 to October 14, 2024.
Pranik Logistics IPO GMP: Key Points You Shouldn't Miss! 

Pranik Logistics IPO has a ₹0 Grey Market Premium as of October 9, 2024, with a price range of ₹73 to ₹77 per share. Offering lots of 1600 shares, the subscription window is open from October 10 to October 14, 2024.

Alice Blue Image

Pranik Logistics Limited IPO GMP Today

The Grey Market Premium (GMP) for Pranik Logistics Limited is ₹0 as of October 9, 2024. This assessment coincides with a price of ₹73 to ₹77 per share for the IPO.

Pranik Logistics Limited IPO Review

Pranik Logistics has demonstrated strong financial health, with revenue growing 10.4% from ₹6,052.70 lakhs in FY2023 to ₹6,683.93 lakhs in FY2024, and a Q1 FY2025 revenue of ₹2,230.90 lakhs. Expenses remained stable, while PAT surged by 336%, boosting diluted EPS significantly.

The company’s equity increased to ₹1,143.19 lakhs, and the debt-equity ratio improved from 1.88 to 1.56, indicating reduced leverage. RONW jumped from 12.66% to 35.56%, with further stability in Q1 FY2025. Pranik Logistics’ asset growth and improved current ratio reinforce its financial strength.

To get a full IPO review, click here Pranik Logistics IPO

Pranik Logistics Limited IPO Date

Pranik Logistics Limited IPO will start accepting subscriptions from October 10, 2024 to October 14, 2024.

Pranik Logistics Limited IPO Price

Pranik Logistics Limited IPO price range is at ₹73 to ₹77 per share with a face value of ₹10 each.

Pranik Logistics Limited

Pranik Logistics provides comprehensive logistics solutions across India, handling services from origin to consumption. It offers transportation, warehousing, material handling, and freight forwarding for industries like Retail, Telecom, and Pharma. With over 80 commercial vehicles and 30 warehouses, Pranik Logistics serves as a carrying and forwarding agent for diverse corporate clients.

How To Apply For Pranik Logistics Limited IPO?

To apply for the Pranik Logistics Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Pranik Logistics Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Pranik Logistics Limited IPO at Alice Blue in just a few clicks!

Loading
Read More News