Pramara Promotions Limited
NSE SME₹126,000 / 2000 Shares
IPO Details
Pramara Promotions Limited IPO is priced between ₹63 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 1 Sep, 2023, and closed on 5 Sep, 2023. The allotment results will be announced on 11 Sep, 2023, with a tentative listing date set for 13 Sep, 2023.
The total issue comprises 2,424,000 shares, amounting to ₹15.27 Cr.
Pramara Promotions Limited IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Sep 1, 2023 - Sep 5, 2023 | 13 Sep, 2023 | ₹10 Per Equity Share | ₹63 per equity share | - | Shares | - | NSE SME |
Pramara Promotions Limited IPO Timeline
Issue Price
₹63 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
2000 Shares (₹126,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
2,424,000 shares(aggregating up to ₹15.27 Cr)Retail Portion
50%Subscription
25.25 timesIPO Docs
RHPPramara Promotions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 6139.22 | 5119.11 | 222.59 | - | - | - |
| 31 Mar 22 | 6194.55 | 4942.70 | 134.57 | - | - | - |
| 31 Mar 21 | 4922.67 | 4096.01 | 33.18 | - | - | - |
All values are in ₹ Lakh
About Company
Pramara Promotions Limited is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing and marketing of promotional products and gift items for our clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others.
The company offers services such as Cross Promotions, Loyalty & Rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions and more. The company also manufacture the products under an OEM arrangement, where& the company manufactures products such as water bottles, pens, etc. which are branded with the company's logo or design and used as promotional merchandise.
Pramara has designed and manufactured around 5000 products. The company has also expanded its product offerings by launching the brands Toyworks and Tribeyoung.
Pramara undertake a part of the manufacturing activities through its third-party manufacturing partner. As of July 31, 2023, our overall staff strength is 83 employees.
Pramara Promotions Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,150,000 | 1,150,000 | 2,300,000 |
| Day 1 - 01-09-23 06:00 PM | 0.07 x | 0.88 x | 0.43 x |
| Day 2 - 04-09-23 06:00 PM | 0.49 x | 3.43 x | 1.97 x |
| Day 3 - 05-09-23 06:00 PM | 33.96 x | 16.23 x | 25.25 x |
Pramara Promotions Limited IPO - Issue Objectives
- Funding our working capital requirements
- General corporate purposes