Pritika Engineering Components Limited IPO Review & Details

Pritika Engineering Components Limited IPO

Pritika Engineering Components Limited IPO (Pritika Engineering Components IPO)

Note: Pritika Engineering Components Limited IPO is an NSE SME IPO. They are going to raise ₹9.42 Crores via IPO. The issue is a price range of Rs. 29 per Equity Share. The IPO is to be listed on NSE SME. 

Pritika Engineering Components Limited is engaged in manufacturing precision-machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. Pritika Engineering 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 Limited’s manufacturing unit is located in Punjab. The company’s clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj.

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 IPO Financial Reports

Pritika Engineering Components Limited Financial Reports
Period

Ended

Total

Assets

Total

Revenue

Profit

After Tax

Net

Worth

Total

Borrowing

31-Mar-20 4134.38 2172.4 13.75 538.8 2023
31-Mar-21 5594.29 3244.36 38.18 1262.13 2196.71
31-Mar-22 7107.36 5739.58 546.17 1652.62 2507.67
30-Sep-22 8121.82 4340.24 185.53 1832.88 3161.13
Amount in ₹ Lakhs

Pritika Engineering Components IPO Date & Price Band 

IPO Open: December 25, 2022
IPO Close: December 30, 2022
IPO Size: Approx ₹9.42 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: Rs.29 per Equity Share
IPO Listing on: NSE SME 
Retail Quota: 50%
QIB Quota: -%
NII Quota: 50%

Pritika Engineering Components IPO Market Lot

The Pritika Engineering Components IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹116,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹116,000
Retail (Max) 1 4000 ₹116,000

Pritika Engineering Components Limited IPO Allotment & Listing Dates

The IPO date is November 25 and the IPO close date is November 30, 2022. The IPO allotment date is December 05 and the Pritika Engineering Components Limited IPO listing is on December 08, 2022.

Event Tentative Date
Opening Date Nov 25, 2022
Closing Date Nov 30, 2022
Basis of Allotment Dec 5, 2022
Initiation of Refunds Dec 6, 2022
Credit of Shares to Demat Dec 7, 2022
Listing Date Dec 8, 2022

What is the official website of Pritika Engineering Components Limited?

Pritika Engineering Components Limited Official Website is http://www.pritikaengineering.com/index.html

What is the registered address of Pritika Engineering Components Limited?

Pritika Engineering Components Limited
Plot No. C-94,
Phase-VII Industrial Focal Point,
S.A.S Nagar, Mohali, Punjab 160055
Phone: +91 9878723399
Email: compliance.pecl@pritikagroup.com
Websitehttp://www.pritikaengineering.com/index.html

Pritika Engineering Components IPO Company Promoter

Pritika Auto Industries Limited is the company promoter.

Pritika Engineering Components Limited IPO Registrar

Satellite Corporate Services Private Limited
Phone: +91-22- 28520461/462
Email: sme.ipo@satellitecorporate.com
Websitehttp://www.satellitecorporate.com

Pritika Engineering Components Limited Lead Managers

  1. GYR Capital Advisors Limited

Pritika Engineering Components IPO Prospectus

  1. Pritika Engineering Components IPO DRHP
  2. Pritika Engineering Components IPO RHP

What is Pritika Engineering Components Limited IPO?

Pritika Engineering Components Limited IPO is an NSE SME IPO. They are going to raise ₹9.42 Crores via IPO. The issue is a price range of Rs. 29 per Equity Share. The IPO is to be listed on NSE SME.

When will Pritika Engineering Components IPO open?

The IPO will open for NII, and Retail Investors on December 25, 2022.

What is Pritika Engineering Components IPO Investors Portion?

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

What is Pritika Engineering Components IPO Size?

The IPO size is ₹9.42 crores.

What is Pritika Engineering Components IPO Price Band?

The IPO Price range of ₹29 per equity share.

What is Pritika Engineering Components IPO Minimum and Maximum Lot Size?

The Pritika Engineering Components IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹116,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹116,000
Retail (Max) 1 4000 ₹116,000

What is Pritika Engineering Components Limited IPO Allotment?

The IPO allotment date is December 05, 2022.

What is Pritika Engineering Components Limited IPO Listing?

The IPO listing date is December 08, 2022. The IPO to list on NSE SME.

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