Pranik Logistics IPO Subscription
The Pranik Logistics IPO is a book build issue with a total issue size of ₹22.47 cr, comprising of fresh issue of 2918400 equity shares. Pranik Logistics IPO opened for subscription on Oct 10, 2024 and closed on Oct 14, 2024. Pranik Logistics IPO is set price band at ₹73 to ₹77 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹246,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 15, 2024, and listed on the NSE on Oct 17, 2024.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Narnolia Financial Services are the Book Running Lead Manager for the issue.
Before investing in the Pranik Logistics IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹4 (+5.19%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Pranik Logistics IPO Subscription Details ( Mon, 14 Oct 24 12:58 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 555200 | 19806400 | 35.67x |
| Non-Institutional | 414400 | 308496000 | 744.44x |
| Retail Investors | 966400 | 93944000 | 97.21x |
| Total | 1936000 | 422246400 | 218.1x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Pranik Logistics IPO is a Book-building IPO with a total issue size of ₹22.47 crore. The Pranik Logistics IPO price band is ₹73 to 77 per share. The Pranik Logistics IPO subscription opens on Thu, Oct 10, 2024, and closes on Mon, Oct 14, 2024. The Pranik Logistics IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Pranik Logistics IPO.
The Pranik Logistics IPO opens on Thu, Oct 10, 2024 and closes on Mon, Oct 14, 2024
Pranik Logistics IPO Price Band is ₹73 to 77 per share.
Pranik Logistics IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹246400 based on the upper price band
The minimum investment for Pranik Logistics IPO is ₹246400, based on one lot of 1600 shares at the upper price band of ₹77 per share.
Investors can apply for the Pranik Logistics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Oct 14, 2024. The application amount remains blocked until the Pranik Logistics IPO allotment is finalized.
Pranik Logistics IPO issue size is ₹22.47 crores.
Pranik Logistics IPO allotment date is Wed, Jul 1, 2026.
The registrar for Pranik Logistics IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Pranik Logistics IPO allotment status, refund processing, and other IPO-related information.
The Pranik Logistics IPO GMP (Grey Market Premium) is ₹4 as of Thu, Oct 17, 2024. Based on the upper price band of ₹77 per share, the estimated Pranik Logistics IPO listing price is ₹81, indicating a potential listing gain of approximately 0% over the issue price.