Pranik Logistics Limited IPO Review & Recommendations
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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.
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