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Pranik Logistics Limited IPO Review & Recommendations

 

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Pranik Logistics Limited IPO

October 10, 2024 - October 14, 2024 Closed

Pranik Logistics Limited IPO Review

Pranik logistics company ipo company acts as a carrying and forwarding agent to meet the needs of their customers and companies, providing end-to-end logistics solutions i.e.. from point of origin to point of application. They are a pan-India logistics provider, acting as carrying and forwarding agents and offering integrated services to their customers including transportation, warehousing, handling and logistics services Sectors such as retail, customer sustainable, telecom, manufacturing, pharma, and more.

Pranik Logistics Pvt Ltd believe that a motivated and empowered workforce is central to their business and performance strategy. Their team is comprised of experienced professionals with relevant industry experience, and they do it all. Things that need to be done on time. Their employees are not members of, and do not enter any union in any joint venture with them.

Pranik Logistics Limited Products and Services

Pranik Logistics Limited maintain commercial vehicles, of which there are many Instead of the 80 cars they have, and any other needs, they are met through rental cars on a per trip basis. Their fleet includes trucks categorized by design, size and capacity. They Container trucks are used to transport freight, while platform trucks and other heavy equipment are used Automotive parts and machinery. For detailed information on the vehicles in their fleet, "Capacity of Their Fleet" on page 167 of this Red Herring Prospectus. Their variety of vehicles Vehicles allow us to handle a wide variety of shipments.

Their competitive Strengths are Experienced and Qualified management team, Asset-light business model, Long-standing client relationships with their clients across multiple verticals, Quality Assurance and Standards, their Business Strategies are Expansion in their goods transportation network and fleet size, Continued improvement in operating efficiencies through technology enhancements.

Financial Overview  

The company is providing logistics services across India. Basically, it acts as a forward. The company registered steady growth in its top management during the reported period, but the sudden rise in the pre-IPO periods after FY24 raises eyebrows and sustainability concerns sustainability as it operates in a highly competitive and fragmented sector. Investors with excess knowledge/cash can set up a decline in this absolute value proposition over the long term.

Frequently Asked Question

Post-issue shareholding of the Pranik Logistics Limited IPO promoter is 73.49%.
Opening date of Pranik Logistics Limited IPO is October 10, 2024.
Pranik Logistics Limited IPO allotment Products share price ₹73 to ₹77 per share.
Lot size of the pranik logistics pvt ltd is 1600 shares.
The meaning of " Pranik Logistics Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of pranik logistics limited on the current day.
Pre-issue shareholding of the Pranik Logistics Limited IPO promoter is 99.99%.
The IPO application is an online process using UPI or ASBA as the payment method. ASBA IPO application is already available in pure banking of your own bank account and UPI application is provided by your Stockbroker, you can invest in quest laboratories private limited using any convenient method at your convenience.
The face value of Pranik Logistics Limited IPO is ₹10 per share.
You will receive on Pranik Logistics Limited IPO shares in your Demat account on October 15, 2024, if allotted.
pranik logistics private limited shares will get listed on October 17, 2024.
Closing date of Pranik Logistics Limited IPO is October 14, 2024.
Pranik Logistics Limited IPO share price Shares will be listed at NSE SME.
If you do not get the allotment of on pranik logistics pvt ltd, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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