Pranik Logistics IPO vs Premium Plast IPO

Comparison between Pranik Logistics IPO and Premium Plast IPO.

IPO Details

Pranik Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Premium Plast IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pranik Logistics IPO is up to ₹21.23 Cr whereas the issue size of the Premium Plast IPO is up to ₹24.87 Cr. The final issue price of Pranik Logistics IPO is ₹77.00 per share and of Premium Plast IPO is ₹49.00 per share.

 Pranik Logistics IPOPremium Plast IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share₹46.00 per share
Issue Price (Upper)₹77.00 per share₹49.00 per share
Issue Price (Final)₹77.00 per share₹49.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size27,56,800 shares50,76,000 shares
Fresh Issue Size (Amount)up to ₹21.23 Crup to ₹24.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,56,800 shares50,76,000 shares
Issue Size Total (Amount)up to ₹21.23 Crup to ₹24.87 Cr

IPO Timetable

Pranik Logistics IPO opens on Oct 10, 2024, while Premium Plast IPO opens on Oct 21, 2024. The closing date of Pranik Logistics IPO and Premium Plast IPO is Oct 14, 2024, and Oct 23, 2024, respectively.

 Pranik Logistics IPOPremium Plast IPO
Anchor Bid DateOct 09, 2024
Issue OpenOct 10, 2024Oct 21, 2024
Issue CloseOct 14, 2024Oct 23, 2024
Basis Of Allotment (Tentative)Oct 15, 2024Oct 24, 2024
Initiation of Refunds (Tentative)Oct 16, 2024Oct 25, 2024
Credit of Share (Tentative)Oct 16, 2024Oct 25, 2024
Listing date (Tentative)Oct 17, 2024Oct 28, 2024
Anchor Lockin End date 1Nov 20, 2024
Anchor Lockin End date 2Jan 19, 2025

Financials & KPIs

Pranik Logistics IPO P/E ratio is 15.33, as compared to Premium Plast IPO P/E ratio of 14.11.

 Pranik Logistics IPOPremium Plast IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets38.4335.6823.5314.04
Total Income22.4967.7060.9133.61
Profit After Tax1.094.070.930.32
NET Worth12.5211.437.373.64
Reserves and Surplus4.436.041.971.04
Total Borrowing19.6217.8413.825.78
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets40.0638.0929.0525.17
Total Income12.1346.7144.0531.05
Profit After Tax1.414.781.590.78
NET Worth22.1716.5311.7510.16
Reserves and Surplus8.4211.766.995.40
Total Borrowing5.078.315.055.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9995.45
Promoter Shareholding (Post-Issue)73.4968.73
P/E Ratio15.3314.11
Market Cap₹84.78 Cr.₹93.58 Cr.
ROE8.706.37
ROCE11.797.88
Debt/Equity1.57
EPS₹5.02₹3.47
RoNW8.706.37

Shares Offered

In the Pranik Logistics IPO Retail Individual Investors (RII) are offered 9,66,400 shares while in Premium Plast IPO retail investors are offered 9,66,400 shares. Qualified Institutional Buyers (QIB) are offered 5,55,200 shares in Pranik Logistics IPO and 5,10,000 shares in Premium Plast IPO.

 Pranik Logistics IPOPremium Plast IPO
Anchor Investor Reservation8,20,800 shares
Market Maker Reservation1,61,600 shares2,70,000 shares
QIB5,55,200 shares5,10,000 shares
NII4,14,400 shares22,83,000 shares
RII9,66,400 shares22,83,000 shares
Employee
Others
Total27,56,800 shares50,76,000 shares

Bids Received (Subscription)

Pranik Logistics IPO subscribed 153.11x in total, whereas Premium Plast IPO subscribed 38.87x.

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