Priti International Limited IPO (Priti International IPO) Detail

Jun 11, 2018 - Jun 13, 2018

Incorporated in 2017, Jodhpur based Priti International Limited is a company engaged in the manufacturing and exporting of Handicraft Products. It also deals in manufacturing of wooden, metal and textile-based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. The Company's products range from solid wood and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile-based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc.

Priti Lohiya, one of the promoters of the Company, commenced the business of handicraft products in the name and style M/s. Priti International, a proprietary concern in the year 2002 at facilities located at Basni and Boranada in Jodhpur, Rajasthan. The running business of M/s. Priti International was acquired by Priti International Limited on November 11, 2017.

Priti International majorly caters to international markets. It exports products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. The company also export its products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.

The company has 45 employees on its payroll. It also employs contract laborers and temporary laborers as per requirement.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
Total Assets 769.37
Total Revenue 323.63
Profit After Tax 15.97

Objects of the Issue

The Objects of the Issue are-

1. Purchase of Plant & Machinery and related civil work;
2. Funding the working capital requirements of the Company;
3. General Corporate Purposes.

Priti International IPO Details

IPO Date Jun 11, 2018 to Jun 13, 2018
Listing Date Thursday, June 21, 2018
Face Value ₹10 per share
Price ₹75 per share
Lot Size 1600 Shares
Issue Size700,800 shares of ₹10
(aggregating up to ₹5.26 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the Company are Goverdhan Das Lohiya, Priti Lohiya, Ritesh Lohiya, Goverdhan Das Lohiya HUF and Ritesh Lohiya HUF. The Promoters hold 18,87,832 equity shares representing 99.70% of the pre-issue Paid-up Capital of the Company.

Priti International IPO Tentative Timetable

Priti International IPO opens on Jun 11, 2018, and closes on Jun 13, 2018. The Priti International IPO bid date is from Jun 11, 2018 10.00 A.M. to Jun 13, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Jun 11, 2018
Closing Date Jun 13, 2018
Basis of Allotment Jun 18, 2018
Initiation of Refunds Jun 19, 2018
Credit of Shares to Demat Jun 20, 2018
Listing Date Jun 21, 2018

Priti International IPO Lot Size

The Priti International IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹120,000
Retail (Max) 1 1600 ₹120,000

Priti International IPO Review

Considering fully priced issue from new sector company having inconsistency in bottom line, cash surplus investors may consider investment at their own risk.

Read detail review...

Priti International IPO Subscription Status (Bidding Detail)

The Priti International IPO is subscribed 7.76 times on Jun 13, 2018 5:00:00 PM. The public issue subscribed 8.10 times in the retail category, times in the QIB category, and 7.41 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Priti International IPO Prospectus

Priti International IPO Rating

Rating:Rated 3.3 stars
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Priti International IPO Listing Date

Listing Date Thursday, June 21, 2018
BSE Script Code
Listing In
ISIN INE974Z01015
IPO Price ₹75 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Priti International Limited
Plot No. F-43
Basni Ist Phase,
Jodhpur, 342001
Phone: 0291- 2435699

Priti International IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Priti International IPO Review

Priti International IPO Recommendation Summary

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Priti International IPO FAQs

Priti International IPO is a SME IPO of 700,800 equity shares of the face value of ₹10 aggregating up to ₹5.26 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600 Shares.

The IPO opens on Jun 11, 2018, and closes on Jun 13, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Priti International IPO opens on Jun 11, 2018 and closes on Jun 13, 2018.

Priti International IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in Priti International 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Priti International IPO will be done on Jun 18, 2018, and the allotted shares will be credited to your demat account by Jun 20, 2018. Check the Priti International IPO allotment status.

The Priti International IPO listing date is on Thursday, June 21, 2018.
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Priti International IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



69. NSEIPO |   Link |Jul 10, 2018 4:38:30 PM
@downrightvj,. My friend it was 97.5 yesterday and today it closes at 99.5

Jaago mohan pyare jaago
69.1. Adp |   Link |Aug 19, 2018 1:07:33 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Jago pyare mohan priti 91
68. Tinkerbell |   Link |Jul 4, 2018 5:16:25 PM
IPO Mentor IPO Mentor (800+ Posts, 1800+ Likes)
price band near about 1330-1350
68.1. NSEIPO |   Link |Jul 5, 2018 8:10:10 PM
Price band 1300?
67. Trademarks |   Link |Jul 1, 2018 3:18:03 PM
Rising dollar is positive for Priti as it is 100% export oriented company at the moment.
66. rahul RII |   Link |Jun 25, 2018 1:41:34 PM
@ipoanalysis my chllenge golden oppourtunities to buy innovator facade system its show 80 in one week
66.1. IPOANALYSIS |   Link |Jun 27, 2018 12:52:03 AM
i hope shareblaster urf rahul that u wont come back if stock does not hit 80 by Friday
65. IPOANALYSIS |   Link |Jun 25, 2018 2:05:39 PM
check this now NSE IPO . today oswal hit UC.
hope after this you will understand and not shout by looking at hourly daily movement.
my target for this stock is much higher and thsis in list of multibagger.
you called me oswal agent whereas you dont know since how long i have been writing comments .you are not even a contributor yet.
so better not start giving improper reaction to every time i write comments .

93. NSEIPO Jun 21, 2018 2:49:04 PM IST I Like It. | Report Abuse
I am talking rubbish? Strange... What u are doing then. Are u not working as an agent for oswal.
Look today's trading data of Oswal, there are sellers and only few buyers. And look at Priti's data. Moreover, what u understand by business .
64. NSEIPO |   Link |Jun 21, 2018 12:11:49 PM
My prediction for Priti to go Rs 90 in 2 days.
64.6. IPOANALYSIS |   Link |Jun 25, 2018 10:36:41 AM
dont talk rubbish.
2 days passed and 90 not reached.

aise bol rahe ho as if u r god and know what price it will reach
64.7. DownriteVJ |   Link |Jul 10, 2018 10:48:28 AM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
ab jaake 95 huya
63. IPOANALYSIS |   Link |Jun 22, 2018 11:11:29 AM
today this scrip went upto 77 also
62. IPOANALYSIS |   Link |Jun 21, 2018 5:38:34 PM
Hope everyone wil unite togather and boycott the 4 new issues which are coming soon as all are from a fraud Lead managers.
i am writing to make people aware of the new issues which are openig so they teach those fraud lead manager a lesson by showing undersubscription
62.1. IPOANALYSIS |   Link |Jun 21, 2018 5:40:40 PM
and remember rajness wellness is from navigant.
61. VIE |   Link |Jun 21, 2018 5:21:45 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Here is the link for pre market session
60. IPOANALYSIS |   Link |Jun 21, 2018 4:53:37 PM
also just think with being small issue and high subscription its only 8 pc gain.
what will happen to large new issues which are opening soon like a fraud compnay rajnesh wellness and also large issue like bright solar.
hope to see many such issues cancelled .
59. IPOANALYSIS |   Link |Jun 21, 2018 4:51:35 PM
it wont be able to retain price. just because of small issue and first day.
it should start drift downwards soon.
58. RAJAKUMAR |   Link |Jun 21, 2018 1:27:44 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
81.5 sold
57. Small Investor |   Link |Jun 21, 2018 1:09:03 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
today closing price should be nearly 85
56. Small Investor |   Link |Jun 19, 2018 5:26:04 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
listing will be between 80-82
56.1. Small Investor |   Link |Jun 21, 2018 1:05:51 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
my predication is accurate on priti international for listing gain
55. RAJAKUMAR |   Link |Jun 21, 2018 10:31:30 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
At 81 almost entire retail quota is Indicative equilibrium quantity. After discover price it may go up
55.1. Shivamsingh |   Link |Jun 21, 2018 10:48:15 AM
Where can we see pre open price. Could not see it on NSE Emerge.
55.2. RAJAKUMAR |   Link |Jun 21, 2018 11:32:50 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
It can see like mainline ipo place
54. Hiteshji |   Link |Jun 21, 2018 10:47:02 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Surprise listing at 81
53. VIE |   Link |Jun 21, 2018 10:20:38 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
52. Small Investor |   Link |Jun 21, 2018 10:08:51 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
pre opening sowing 80
51. NSEIPO |   Link |Jun 21, 2018 9:14:30 AM
Buying today.
50. Hiteshji |   Link |Jun 21, 2018 8:58:24 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Today listing. It may gv surprise listing.