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Pranik Logistics Limited IPO

Pranik Logistics Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹73–₹77 per share to raise ₹22 crore. It listed on 17 Oct 2024 at ₹79 and closed its first day at ₹83, a listing gain of +7.7% versus the ₹77 issue price.

Frequently asked questions

What were the Pranik Logistics Limited IPO listing gains?
Pranik Logistics Limited listed on 17 Oct 2024 at ₹79, closing its first day at ₹83 — a listing gain of +7.7% versus the ₹77 issue price.
What was the price band and lot size of the Pranik Logistics Limited IPO?
The price band was ₹73–₹77 per share, with a minimum lot of 1,600 shares (₹1,23,200 at the upper band).
Who were the registrar and lead manager for the Pranik Logistics Limited IPO?
Maashitla Securities Private Limited was the registrar, and Narnolia was the book-running lead manager.