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Pranik Logistics IPO
Price Band
₹73.0–77.0
Issue Size
₹22.47 Cr
Lot Size
1,600 shares
Min Investment
₹123,200
GMP
+₹4.0 (5.19%)
Issue Price
₹77.0
Subject to Sauda
₹4900
Paid only if allotted
Pranik Logistics IPO AI Summary
- Pranik Logistics IPO is listed on NSE SME in the Logistics Solution Provider sector.
- Price band: ₹73.0–₹77.0 per share, lot size 1,600 shares (min. investment ₹123,200).
- Subscription window: 10 Oct–14 Oct 2024, listing on 17 Oct 2024.
- Current GMP is +₹4.0 (5.19%), an estimated listing price of ₹81 — unofficial and can change daily.
Pranik Logistics Limited is an SME logistics provider with a focus on integrated logistics solutions. The company has shown significant revenue growth over recent years, although the latest figures reflect a 9-month period, making direct comparisons complex. The IPO aims to raise funds for technology, capital expenditures, and working capital, with a positive GMP indicating potential interest in the shares.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Pranik Logistics IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 14 Oct 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Pranik Logistics IPO Grey Market Premium (GMP) Today
GMP
+₹4.0
GMP %
+5.19%
Est. Listing
₹81.0
Updated: 25 Jul 2026 14:03
About the Company
Pranik Logistics Limited was founded in 2015 and offers integrated logistics solutions. The company is a PAN India logistics provider operating as a freight forwarder and transporter, providing integrated services such as transportation, warehousing, material handling, and freight forwarding to its clients in various industries such as retail, consumer durables, telecom, manufacturing, pharma, etc. The company has its own fleet of 86 commercial vehicles, which can also be leased if required. In addition, the company has a total of 30 warehouses that are managed directly by the company. Competitive strengths Experienced and qualified management team Long-standing customer relationships with its customers from various industries Asset-light business model Quality assurance and standards As at September 30, 2024, the company had 625 permanent employees.
Company Financials (₹ Cr)
As of 2024-06-30
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 38.43 | 35.68 | 23.53 | 14.04 |
| Total Income | 22.49 | 67.70 | 60.91 | 33.61 |
| Profit After Tax | 1.09 | 4.07 | 0.93 | 0.32 |
| NET Worth | 12.52 | 11.43 | 7.37 | 3.64 |
| Reserves and Surplus | 4.43 | 6.04 | 1.97 | 1.04 |
| Total Borrowing | 19.62 | 17.84 | 13.82 | 5.78 |
Key Ratios
EPS
₹5.02
NAV
₹15.47
ROE
8.70%
ROCE
11.79%
RoNW
8.70%
P/B Value
3.63
P/E Ratio
15.33
Market Cap
₹84.78 Cr
PAT Margin
4.88%
Debt/Equity
1.57
Peer Comparison
| Company | NAV | RoNW | EPS Basic |
|---|---|---|---|
| S J Logistics (india) Limited | 77.36 | 20.18% | 20.03 |
| Pranik Logistics Limited This IPO | 21.19 | 35.56% | 7.54 |
Promoters
Pranav Kumar Sonthalia, Shradha Kumari and Minal Sonthalia
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet out the expenses for Investment in technology 0.80 2 To meet out the Capital Expenditure Requirement of Company; 2.20 3 To meet out the Working Capital requirements of the Company; 12.00 4 To meet out the General Corporate Purposes; and 5.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹33.61 Cr in the year ended 31 Mar 2022, rising to ₹60.91 Cr by 31 Mar 2023, and further increasing to ₹67.70 Cr by 31 Mar 2024. However, the most recent figure of ₹22.49 Cr for the period ending 30 Jun 2024 is not directly comparable as it represents a 9-month period.
Profit Trend
Profit After Tax was ₹0.32 Cr in the year ended 31 Mar 2022, increasing to ₹0.93 Cr by 31 Mar 2023, and further rising to ₹4.07 Cr by 31 Mar 2024. The latest figure of ₹1.09 Cr for the period ending 30 Jun 2024 is also a 9-month figure, making direct year-over-year comparison challenging.
Grey Market Premium, Explained
The grey market premium (GMP) indicates the estimated price at which an IPO might list on the stock exchange, based on unofficial trading. A positive GMP suggests demand for the shares, while a negative GMP indicates weaker interest. However, GMP is not a guaranteed predictor of listing performance.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable, established companies may want to avoid this IPO, as the logistics sector can be subject to fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens for subscription on October 10, 2024, and closes on October 14, 2024. Allotment of shares is expected on October 15, 2024, with shares listed on the stock exchange on October 17, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor might make when shares are sold on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-IPO.
This evaluation is generated from Pranik Logistics's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Pranik Logistics IPO GMP today?
Pranik Logistics IPO GMP today is +₹4.0 (5.19%), indicating an estimated listing price of ₹81. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Pranik Logistics IPO?
The price band of Pranik Logistics IPO is ₹73.0–₹77.0 per share.
When does Pranik Logistics IPO open and close?
Pranik Logistics IPO opens on 10 October 2024 and closes on 14 October 2024.
When does Pranik Logistics IPO list on the stock exchange?
Pranik Logistics IPO listed on 17 October 2024 at ₹81.0.
What is the lot size for Pranik Logistics IPO?
The lot size for Pranik Logistics IPO is 1600 shares, requiring a minimum investment of ₹123,200.
What is the price band for the IPO?
The price band for the IPO is ₹73.0 to ₹77.0.
What is the lot size for the IPO?
The lot size for the IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹123,200.
When is the listing date for the IPO?
The listing date for the IPO is October 17, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the unofficial price at which shares are expected to trade on their listing day.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
10 Oct 2024
Close
14 Oct 2024
Allotment
15 Oct 2024
Listing
17 Oct 2024
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