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Pramara Promotions Limited IPO

Pramara Promotions Limited was a SME IPO in the Advertising & Media Agencies sector, offered at ₹63–₹63 per share to raise ₹15 crore. It listed on 13 Sep 2023 at ₹111 and closed its first day at ₹117, a listing gain of +85.0% versus the ₹63 issue price. It now trades around ₹80 (+27.0% versus the issue price).

Frequently asked questions

What were the Pramara Promotions Limited IPO listing gains?
Pramara Promotions Limited listed on 13 Sep 2023 at ₹111, closing its first day at ₹117 — a listing gain of +85.0% versus the ₹63 issue price.
What was the price band and lot size of the Pramara Promotions Limited IPO?
The price band was ₹63–₹63 per share, with a minimum lot of 2,000 shares (₹1,26,000 at the upper band).
Who were the registrar and lead manager for the Pramara Promotions Limited IPO?
Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.