Pritika Engineering IPO date is fixed, The IPO will open on November 25 and will close on November 30, 2022. Pritika Engineering is an NSE SME IPO to raise ₹9.42 crores via IPO. The Pritika Engineering IPO price band is fixed at ₹29 with a market lot of 4000 shares.
Pritika Engineering Components Limited is a unit of the Pritika Group of Industries engaged in the manufacturing of precision machined components for the Tractor & Automotive industry. Their products are used by tractors, trucks, and other commercial vehicles. The company manufacture customized products for the automotive industry that can be used for tractors, commercial vehicles & other construction equipment, etc.
Pritika Engineering Components Ltd is a leading producer of Rear Axle Housing Castings, Machined Front Axle Support, Machined Lift Housings, Gear casing Castings, and Wheel Hub Castings. Their manufacturing plant is situated at Hoshiarpur (Punjab) that consists of an integrated Foundry/Machine shop. Some of their clients are Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.
Objects of the Issue:
- Investment in relation to the new unit set up by the wholly owned subsidiary, Meeta Castings Limited (MCL).
- General Corporate Purposes.
Pritika Engineering IPO Review
| Date | GMP | Kostak | Subject to |
| 29 November | ₹7 | ₹- | ₹25000 |
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 net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Pritika Engineering IPO Market Lot
The Pritika Engineering IPO minimum market lot is 4000 shares with a ₹116,000 application amount.
| 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 close date is November 30. The IPO allotment date is December 5 and the IPO might list 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 check IPO subscription status and IPO allotment status on their respective pages.
Pritika Engineering IPO Form
How to apply Pritika Engineering IPO? You can apply Pritika Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pritika Engineering IPO in the Invest section. The other option you can apply Pritika Engineering IPO via IPO forms download via the NSE website. Check out the Pritika Engineering forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 status on Satellite website 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 raise ₹9.42 Crores via IPO. The issue is priced at ₹29 per equity share. The IPO is to be listed on NSE.
When Pritika Engineering IPO will open?
What is Pritika Engineering IPO Investors Portion?
How to Apply the Pritika Engineering IPO?
How to Apply the Pritika Engineering IPO through Zerodha?
How to Apply the Pritika Engineering IPO through Upstox?
How to Apply the Pritika Engineering IPO through Paytm Money?
What is Pritika Engineering IPO Size?
What is Pritika Engineering IPO Price Band?
Pritika Engineering IPO Price Band is ₹29 per equity share.
What is Pritika Engineering IPO Minimum and Maximum Lot Size?
What is Pritika Engineering IPO Allotment Date?
What is Pritika Engineering IPO Listing Date?
Note: The Pritika Engineering IPO details are announced officially. The IPO grey market premium (Pritika Engineering IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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- Source: https://ipowatch.in/pritika-engineering-ipo-gmp-date-price-review-allotment/
