Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Pramara Promotions IPO is a fixed price issue of Rs 15.27 crores. The issue is entirely a fresh issue of 24.24 lakh shares.
Pramara Promotions IPO bidding started from September 1, 2023 and ended on September 5, 2023. The allotment for Pramara Promotions IPO was finalized on Friday, September 8, 2023. The shares got listed on NSE SME on September 13, 2023.
Pramara Promotions IPO price is ₹63 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹126,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹252,000.
Fedex Securities Pvt Ltd is the book running lead manager of the Pramara Promotions IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Pramara Promotions IPO is Pure Broking.
Refer to Pramara Promotions IPO RHP for detailed information.
| IPO Date | September 1, 2023 to September 5, 2023 |
| Listing Date | September 13, 2023 |
| Face Value | ₹10 per share |
| Price | ₹63 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,424,000 shares (aggregating up to ₹15.27 Cr) |
| Fresh Issue | 2,424,000 shares (aggregating up to ₹15.27 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,611,000 |
| Share holding post issue | 9,035,000 |
| Market Maker portion | 124,000 shares Pure Broking |
Pramara Promotions IPO offers 2,424,000 shares. 1,150,000 (47.44%) to NII, 1,150,000 (47.44%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 124,000 (5.12%) |
| Other Shares Offered | 1,150,000 (47.44%) |
| Retail Shares Offered | 1,150,000 (47.44%) |
| Total Shares Offered | 2,424,000 (100%) |
Pramara Promotions IPO opens on September 1, 2023, and closes on September 5, 2023.
| IPO Open Date | Friday, September 1, 2023 |
| IPO Close Date | Tuesday, September 5, 2023 |
| Basis of Allotment | Friday, September 8, 2023 |
| Initiation of Refunds | Monday, September 11, 2023 |
| Credit of Shares to Demat | Tuesday, September 12, 2023 |
| Listing Date | Wednesday, September 13, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 5, 2023 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹126,000 |
| Retail (Max) | 1 | 2000 | ₹126,000 |
| HNI (Min) | 2 | 4,000 | ₹252,000 |
| Lot Size Calculator | |||
Rohit Lamba and Sheetal Lamba are the company promoters.
| Share Holding Pre Issue | 95.41% |
| Share Holding Post Issue | 69.81% |
Incorporated in 2006, Pramara Promotions Limited is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others.
The company offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions and more. The company also manufacture the products under an OEM arrangement, where& the company manufactures products such as water bottles, pens, etc. which are branded with the company's logo or design and used as promotional merchandise.
Pramara has designed and manufactured around 5000 products. The company has also expanded its product offerings by launching the brands "Toyworks" and;"Tribeyoung".
Pramara undertake a part of the manufacturing activities through its third-party manufacturing partner. As of July 31, 2023, the company's overall staff strength is 83 employees.
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 4,922.67 | 6,194.55 | 6,139.22 |
| Revenue | 4,096.01 | 4,942.70 | 5,119.11 |
| Profit After Tax | 33.18 | 134.57 | 222.59 |
| Net Worth | 1,235.43 | 1,373.96 | 1,596.50 |
| Reserves and Surplus | 1,115.23 | 1,253.76 | 944.19 |
| Total Borrowing | 3,033.12 | 3,134.34 | 3,330.78 |
The market capitalization of Pramara Promotions IPO is Rs 56.92 Cr.
| KPI | Values |
|---|---|
| ROE | 13.87% |
| ROCE | 15.20% |
| Debt/Equity | 2.07 |
| RoNW | 13.87 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.37 | |
| P/E (x) | 25.61 |
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
1. Funding our working capital requirements; and
2. General corporate purposes
[Dilip Davda] The company is engaged in providing all services under one roof for gift items and promotional products. It has posted steady growth in its top and bottom lines for the reported periods. Based on FY23 earnings, the issue appears fully priced. Well-informed investors may consider parking funds for medium to long-term rewards. Read detail review...
The Pramara Promotions IPO is subscribed 25.71 times on September 5, 2023 7:29:00 PM. The public issue subscribed 17.14 times in the retail category, times in the QIB category, and 33.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 33.99 |
| Retail | 17.14 |
| Total | 25.71 |
Total Application : 9,857 (17.14 times)
| Listing Date | September 13, 2023 |
| BSE Script Code | |
| NSE Symbol | PRAMARA |
| ISIN | INE0O7A01017 |
| Final Issue Price | ₹63 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹63.00 |
| ₹111.00 |
| ₹105.55 |
| ₹116.55 |
| ₹116.55 |
Pramara Promotions Limited
A - 208, Boomerang Equity Bussi Park,
CTS No. 4 ETC Chandivali Farm Road,
Sakinaka, Andheri East, Mumbai - 400072
Phone:
Email: investor@pramara.com
Website: http://www.pramara.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Pramara Promotions IPO is a SME IPO of 2,424,000 equity shares of the face value of ₹10 aggregating up to ₹15.27 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000 Shares.
The IPO opens on September 1, 2023, and closes on September 5, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Pramara Promotions IPO using UPI as a payment gateway. Zerodha customers can apply in Pramara Promotions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pramara Promotions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pramara Promotions IPO opens on September 1, 2023 and closes on September 5, 2023.
Pramara Promotions IPO lot size is 2000 Shares, and the minimum amount required is ₹126,000.
You can apply in Pramara Promotions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Pramara Promotions IPO will be done on Friday, September 8, 2023, and the allotted shares will be credited to your demat account by Tuesday, September 12, 2023. Check the Pramara Promotions IPO allotment status.
IPO Mentor (1100+ Posts, 400+ Likes)
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Top Contributor (300+ Posts, 100+ Likes)
IPO Guru (1800+ Posts, 1700+ Likes)
