Pranik Logistics SME IPO Details, Financials, Valuation & Peers
Explore Pranik Logistics IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Pranik Logistics Limited, established in 2015 and headquartered in Kolkata, is a comprehensive logistics solutions provider in India. The company specializes in offering end-to-end logistics services, including transportation, warehousing, material handling, and freight forwarding. Serving diverse industries such as retail, consumer durables, telecom, manufacturing, and pharma, Pranik Logistics ensures efficient supply chain management with a dedicated team and fleet of over 80 commercial vehicles. Operating 30 warehouses across the country, the company delivers tailored solutions to meet the varied needs of its customers.
Key Points:
- Pan-India Presence: The company operates across India, with a fleet of 80+ vehicles and 30 directly managed warehouses in key locations such as West Bengal, Bihar, Gujarat, Jharkhand, and Cuttack.
- Diverse Fleet: Pranik manages container trucks for parcel transport and platform trucks for heavy goods, offering flexible options for different types of consignments.
- Industry Focus: Pranik serves various industries, including retail, telecom, consumer durables, manufacturing, and pharmaceuticals.
- Revenue Streams:
- End-to-end logistics solutions as a carrying and forwarding (C&F) agent.
- Godown rent from sub-leasing warehouse spaces.
- Manpower and warehouse management services.
- Storage and independent warehousing solutions.
- Revenue from selling and promotional activities (SPA) with minimal margins.
- Customized Solutions: Pranik provides tailored logistics services such as first, second, and last-mile delivery, reverse logistics, and route planning, ensuring cost-effective and timely delivery.
Objects of the Issue
- To meet out the expenses for Investment in technology
- To meet out the Capital Expenditure Requirement of Company
- To meet out the Working Capital requirements of the Company
- To meet out the General Corporate Purposes
- To meet out the Issue Expenses.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 10 Oct - 14 Oct 2024 |
| IPO Price Band | ₹73 - ₹77 per share |
| Fresh Issue | 29,18,400 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹22.47 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 10 Oct 2024 |
| IPO Closing Date | 14 Oct 2024 |
| Basis Of Allotment | 15 Oct 2024 |
| Refunds | 16 Oct 2024 |
| Demat Transfer | 16 Oct 2024 |
| IPO Listing Date | 17 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 33.61 | 60.91 | 67.70 | 22.49 |
| Total Expenses | 33.13 | 59.55 | 62.13 | 21.03 |
| Net Profit/Loss | 0.32 | 0.93 | 4.07 | 1.09 |
| NPM (*) | 0.94 | 1.54 | 6.08 | 4.88 |
| Total Assets | 14.04 | 23.53 | 35.68 | 38.43 |
| Total Liabilities | 10.41 | 16.16 | 24.25 | 25.91 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | 1.21 | 1.73 | 7.54 | 1.35 |
| ROE (%) | 8.67 | 12.66 | 35.56 | 8.70 |
| ROCE (%) | 15.40 | 23.38 | 54.14 | 11.79 |
| D/E Ratio | 1.59 | 1.88 | 1.56 | 1.57 |
| Current Ratio | 1.26 | 1.32 | 1.37 | 1.39 |
| EBITDA MARGIN (%) | 2.92 | 5.70 | 13.98 | 10.44 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Pranik Logistics Limited | 66.84 | 10.21 | 7.54 | 35.56 | 21.19 |
| SJ Logistics (India) Limited | 270.86 | 29.28 | 20.03 | 20.18 | 77.36 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 35.67 |
| Non-Institutional Investor (NII/HNI) | 744.05 |
| Retail Individual Investor (RII) | 97.21 |
| Total | 218.02 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- MR. PRANAV KUMAR SONTHALIA
- MS. SHRADHA KUMARI
- MS. MINAL SONTHALIA
Lead Managers
- NARNOLIA FINANCIAL SERVICES LIMITED
Company Address
Pranik Logistics Limited
P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata, West Bengal – 700091
Phone: +91 7667852418
Email: ayon@pranikgroup.com
Website: https://pranikgroup.com
FAQs
- What is the issue size of the Pranik Logistics SME IPO?The Pranik Logistics SME IPO has an issue size of ₹22.47 crore. This includes a fresh issue of 29,18,400 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Pranik Logistics IPO?The price band for the Pranik Logistics IPO is ₹73 - ₹77 per share.
- What are the bidding dates for the Pranik Logistics IPO?The Pranik Logistics IPO will open for bidding on 10 Oct 2024 and close on 14 Oct 2024.
- What is the allotment date for the Pranik Logistics IPO?The allotment date for the Pranik Logistics IPO is 15 Oct 2024.
- What is the listing date for the Pranik Logistics IPO?The listing date for the Pranik Logistics IPO is 17 Oct 2024.
- What is the Pranik Logistics IPO grey market premium?The grey market premium (GMP) for the Pranik Logistics IPO is currently at ₹4, with an expected listing gain of approximately 5.19%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.