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Pritika Engineering Components IPO Date, Price, Review and Details

 
 
 

Pritika Engineering Components Limited IPO

 

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Pritika Engineering Components Limited IPO

Pritika Engineering Components Limited manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.

This company caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers. They supply their products directly to OEM and through their promoter company Pritika Auto Industries Limited and group company Pritika Industries Limited. This company is engaged in the business of manufacturing of the precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.

Company Promoters:
• Pritika Auto Industries Limited

Objects of this Issue:
• To make investment in relation to the new unit set up by their wholly owned subsidiary, Meeta Castings Limited (MCL);
• General Corporate Purposes.

Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

7,107.36

5,594.29

4,134.38

Total Liabilities

5,454.74

4,332.16

3,595.58

Net Profit

546.17

38.33

13.75

The offer:

Particulars

Shares Available for allotment

Issue Reserved for the Market maker

To be decided

 

Net Issue to the Public

Allocation to Retail Investors

To be decided

Allocation to other Investors

To be decided

 

Net offer size

Up to 35,00,000 Equity Shares

Pritika Engineering Components Limited IPO Details

Issue Open

25 Nov 2022

Issue Close

30 Nov 2022

IPO Price

₹29 per equity share

Face Value

₹10 per equity share

IPO Size

₹9.42 Cr.

Listing At

NSE SME

IPO Lot Size

4000 Shares

Pritika Engineering Components Limited IPO Promoter Holdings:

Pre-Issue Share Holding

100%

Post-Issue Share Holding

 

Pritika Engineering Components Limited IPO Schedule
1. Bid or Offer Opens on: 25 Nov 2022
2. Bid or Offer Closes on: 30 Nov 2022
3. Finalization of BoA: 05 Dec 2022
4. Initiation of Refunds: 06 Dec 2022
5. Credit of shares to Demat account: 07 Dec 2022
6. Listing Date: 08 Dec 2022

Pritika Engineering Components Limited IPO Lot Size
Market lot size of the Pritika Engineering Components Limited IPO is 4000 shares. Minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

4000

₹116,000

Maximum

1

4000

₹116,000

Company Contact Details:
Pritika Engineering Components Limited
Plot No. C-94, Phase-VII Industrial Focal
Point, S.A.S Nagar, Mohali, Punjab160055.

Phone: +91 9878723399
Email: compliance.pecl@pritikagroup.com
Website: http://www.pritikaengineering.com/index.html

Pritika Engineering Components Limited IPO Registrar Details:
Satellite Corporate Services Private Limited
A-106 & 107, Dattani Plaza, East West
Compound, AndheriKurla Road, SafedPul,
Sakinaka, Mumbai-40072, Maharashtra, India

Phone: +91-22- 28520461/462
Email: sme.ipo@satellitecorporate.com
Website: http://www.satellitecorporate.com


Frequently Asked Question

Pre-issue shareholding of the Pritika Engineering Components IPO promoter is 100%.
If you do not get the allotment of Pritika Engineering Components IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
If allotted, you will receive Pritika Engineering Components IPO shares in your demat account on Dec 07, 2022.
Face value of Pritika Engineering Components IPO is ₹10 per share.
Lot size of the Pritika Engineering Components IPO is 4000 shares.
Opening date of Pritika Engineering Components IPO is Nov 25, 2022.
Pritika Engineering Components IPO Shares will get listed at NSE SME.
Pritika Engineering Components IPO shares will get listed on Dec 08, 2022.
Per share price of Pritika Engineering Components IPO is ₹29.
Closing date of Pritika Engineering Components IPO is Nov 30, 2022.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in Pritika Engineering Components IPO using any one of these method as per your convenience.