Tuesday, December 6, 2022

Pritika Engineering IPO GMP, Date, Price, Review, Allotment – IPO Watch

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Pritika Engineering IPO date is mounted, The IPO will open on November 25 and can shut on November 30, 2022. Pritika Engineering is an NSE SME IPO to boost ₹9.42 crores by way of IPO. The Pritika Engineering IPO worth band is mounted at ₹29 with a market lot of 4000 shares.

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Pritika Engineering Components Limited is a unit of the Pritika Group of Industries engaged within the manufacturing of precision machined elements for the Tractor & Automotive trade. Their merchandise are utilized by tractors, vans, and different industrial autos. The firm manufacture custom-made merchandise for the automotive trade that can be utilized for tractors, industrial autos & different development gear, and so on.

Pritika Engineering Components Ltd is a main producer of Rear Axle Housing Castings, Machined Front Axle Support, Machined Lift Housings, Gear casing Castings, and Wheel Hub Castings. Their manufacturing plant is located at Hoshiarpur (Punjab) that consists of an built-in Foundry/Machine store. Some of their shoppers are Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, amongst others.

Objects of the Issue:

  • Investment in relation to the brand new unit arrange by the wholly owned subsidiary, Meeta Castings Limited (MCL).
  • General Corporate Purposes.

Pritika Engineering IPO Review

Date GMP Kostak Subject to
23 November ₹10 ₹- ₹-

Pritika Engineering IPO Date & Price Band Details

IPO Open: November 25, 2022
IPO Close: November 30, 2022
IPO Size: Approx ₹9.42 Crores, 3,248,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹29 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the online provide
NII Quota: 50% of the online provide
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

Pritika Engineering IPO Market Lot

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The Pritika Engineering IPO minimal market lot is 4000 shares with a ₹116,000 software quantity.

Minimum IPO Lot Size: Minimum 4000 shares for 1 lot
Minimum Amount: ₹116,000 for 1 lot

Pritika Engineering IPO Dates

The Pritika Engineering IPO date is November 25 and the IPO shut date is November 30. The IPO allotment date is December 5 and the IPO would possibly record on December 8.

IPO Open Date: November 25, 2022
IPO Close Date: November 30, 2022
Basis of Allotment: December 5, 2022
Refunds: December 6, 2022
Credit to Demat Account: December 7, 2022
IPO Listing Date: December 8, 2022

You can verify IPO subscription standing and IPO allotment standing on their respective pages.

Pritika Engineering IPO Form

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How to use Pritika Engineering IPO? You can apply Pritika Engineering IPO by way of ASBA out there in your checking account. Just go to the net financial institution login and apply by way of your checking account by deciding on the Pritika Engineering IPO within the Invest part. The different choice you’ll be able to apply Pritika Engineering IPO by way of IPO types obtain by way of the NSE web site. Check out the Pritika Engineering types – click on NSE IPO Forms obtain, fill and submit in your financial institution or along with your dealer.

Pritika Engineering Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2020 ₹21.72 ₹21.57 ₹0.14
2021 ₹32.44 ₹31.86 ₹0.38
2022 ₹57.40 ₹51.52 ₹5.46

Pritika Engineering IPO Valuation – FY2022

Check Pritika Engineering IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.

Earning Per Share (EPS): ₹7.15 per Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 33.05%
Net Asset Value (NAV): ₹22.00 per Equity Share

Peer Group

  • Nelcast Limited
  • Bhagwati Autocast Limited
  • Pritika Auto Industries Limited

Pritika Engineering IPO Registrar

Satellite Corporate Services Private Limited
Phone: +91-22- 28520461/462
Email: [email protected]
Website: http://www.satellitecorporate.com

Pritika Engineering IPO Allotment Status

Check Pritika Engineering IPO allotment standing on Satellite web site URL. Click Here

Pritika Engineering IPO Lead Managers

  • GYR Capital Advisors Limited

Company Address

Pritika Engineering Components Limited
Plot No. C-94,
Phase-VII Industrial Focal Point,
S.A.S Nagar, Mohali, Punjab 160055
Phone: +91 9878723399
Email: [email protected]
Website: http://www.pritikaengineering.com/index.html

Pritika Engineering IPO FAQs

What is Pritika Engineering IPO?

Pritika Engineering IPO is an NSE SME IPO. They are going to increase ₹9.42 Crores by way of IPO. The concern is priced at ₹29 per fairness share. The IPO is to be listed on NSE.

When Pritika Engineering IPO will open?

The IPO is to open on November 25, 2022 for NII, and Retail Investors.

What is Pritika Engineering IPO Investors Portion?

The traders’ portion for NII is 50%, and Retail is 50%.

How to Apply the Pritika Engineering IPO?

You can apply Pritika Engineering IPO by way of ASBA on-line by way of your checking account. You may apply for ASBA on-line by way of UPI by way of your inventory brokers. You may apply by way of your inventory brokers by filling up the offline kind.

How to Apply the Pritika Engineering IPO by way of Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Pritika Engineering IPO by way of Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Confirm your software. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Pritika Engineering IPO by way of Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Pritika Engineering”. Click on Bid Button. Confirm your software. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Pritika Engineering IPO Size?

Pritika Engineering IPO measurement is ₹9.42 crores.

What is Pritika Engineering IPO Price Band?

Pritika Engineering IPO Price Band is ₹29 per fairness share.

What is Pritika Engineering IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 shares with ₹116,000.

What is Pritika Engineering IPO Allotment Date?

Pritika Engineering IPO allotment date is December 5, 2022.

What is Pritika Engineering IPO Listing Date?

Pritika Engineering IPO itemizing date is December 8, 2022. The IPO to record on NSE SME.

Note: The Pritika Engineering IPO particulars are introduced formally. The IPO gray market premium (Pritika Engineering IPO Premium) is up to date on the respective web page. You can verify our IPO gray market web page for each day updates.)

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– Source : IPOWATCH

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