Pritika Engineering Components Limited
NSE SME₹116,000 / 4000 Shares
Pritika Engineering Components Limited IPO Details
The Pritika Engineering Components Limited IPO price band is set between ₹29 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Nov, 2022 and closes on 30 Nov, 2022. Investors can check the allotment status on 5 Dec, 2022, while the listing date is tentatively scheduled for 8 Dec, 2022.
The total issue size is 3,248,000 shares of ₹10, aggregating up to ₹9.42 Cr. Stay tuned for the latest Pritika Engineering Components Limited IPO review and GMP updates.
Pritika Engineering Components Limited IPO Review, Rating & Analysis
Pritika Engineering Components Limited IPO Review
NO REVIEWPritika Engineering Components Limited IPO Rating
Pritika Engineering Components Limited IPO Highlights
IPO Date
Nov 25, 2022 - Nov 30, 2022
Listing Date
8 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹29 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Pritika Engineering Components Limited IPO Lot Size
The minimum market lot for Pritika Engineering Components Limited IPO is 4000 shares with an application amount of ₹1,16,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,16,000 |
| Retail (Max) | 1 | 4000 | ₹1,16,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,32,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,28,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,44,000 |
Pritika Engineering Components Limited IPO Timeline
Issue Price
₹29 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
GYR Capital Advisors LimitedIssue Size
3,248,000 shares of ₹10(aggregating up to ₹9.42 Cr)Pritika Engineering Components Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 7107.36 | 5739.58 | 546.17 | - | - | - |
| 31 Mar 21 | 5594.29 | 3244.36 | 38.18 | - | - | - |
| 31 Mar 20 | 4134.38 | 2172.4 | 13.75 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Pritika Auto Industries Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | % |
About Company
Pritika Engineering Components Private Limited is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. The company manufactures various Tractors & Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.
Pritika Engineering manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies.
The company was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015.
Pritika Engineering Components Private Limited's manufacturing unit is located in Punjab. The company's clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.
The total revenue for the year 2021-22 is Rs 5,739.58 lakhs. Pritika Engineering Components Limited is a wholly owned subsidiary of Pritika Auto Industries Limited.
Pritika Engineering Components Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,542,000 | 1,542,000 | 3,084,000 |
Day 1 -25-11-22 06:00 PM | 1.39 x | 4.30 x | 2.84 x |
Day 2 -28-11-22 06:00 PM | 3.34 x | 20.07 x | 11.70 x |
Day 3 -29-11-22 06:00 PM | 8.11 x | 49.83 x | 28.97 x |
Day 4 -30-11-22 06:00 PM | 140.10 x | 168.46 x | 156.38 x |
Frequently Asked Questions about Pritika Engineering Components Limited IPO
When will Pritika Engineering Components Limited IPO open for subscription?
The Pritika Engineering Components Limited IPO opens on 25 Nov, 2022 and closes on 30 Nov, 2022.
What is the investors portion for Pritika Engineering Components Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1542000.
How to apply for Pritika Engineering Components Limited IPO?
You can apply for Pritika Engineering Components Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Pritika Engineering Components Limited IPO?
The issue size of Pritika Engineering Components Limited IPO is approx ₹3,248,000 shares of ₹10(aggregating up to ₹9.42 Cr) crores.
What is the price band of Pritika Engineering Components Limited IPO?
The price band for Pritika Engineering Components Limited IPO is ₹29 per equity share to ₹undefined.
What is the lot size of Pritika Engineering Components Limited IPO?
The minimum bid (lot size) for Pritika Engineering Components Limited IPO is N/A shares with an investment of approx ₹116,000 .
What is the allotment date of Pritika Engineering Components Limited IPO?
The allotment date for Pritika Engineering Components Limited IPO is 5 Dec, 2022.
What is the listing date of Pritika Engineering Components Limited IPO?
The listing date for Pritika Engineering Components Limited IPO is expected to be 8 Dec, 2022.
What is the GMP of Pritika Engineering Components Limited IPO?
The latest Grey Market Premium (GMP) for Pritika Engineering Components Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.