
Retail & Consumer Goods · NSE
Pramara Promotions Limited, incorporated in 2006, is a promotional marketing agency engaged in ideation, conceptualization, design, manufacturing, and marketing of promotional products and gift items for clients across sectors like FMCG, QSR, pharma, beverages, cosmetics, telecom, and media. The company offers services such as cross promotions, loyalty & rewards, corporate gifting, toy retail, and sweepstakes promotions. It manufactures products under OEM arrangements and has created around 5,000 products, also launching the brands “Toyworks” and “Tribeyoung.” As of July 31, 2023, Pramara employs 83 staff members.
Price Band
₹63
Issue Size
₹15.27 Cr
Lot Size
2000 shares
GMP
+49.2%
Est. Listing
₹94
at current GMP
Subscribed
25.39x
overall
Open
1 Sep 2023
Close
5 Sep 2023
Allotment
8 Sep 2023
Refund
9 Sep 2023
Demat Credit
10 Sep 2023
Listing
13 Sep 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
8 Sep 2023
Basis finalization
Refunds Initiate
9 Sep 2023
Mandate release
Demat Credit
10 Sep 2023
Shares in demat
Listing Debut
13 Sep 2023
Trading begins
Pramara Promotions Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹15.27 Crores. The shares are offered at a price band of ₹63 to ₹63 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-10, while un-allotted funds or UPI block mandates will be released on 2023-09-09.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.