
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
Overall Subscription
25.39x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
33.77x
High Net-Worth
Retail (RII)
17.01x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,150,000 | 38,834,000 | 33.77x |
| RETAIL | 1,150,000 | 19,562,000 | 17.01x |
| Total | 2,300,000 | 58,396,000 | 25.39x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 424 | 7,212 | 17.01x |
| HNIs (10L +) | 3 | 101 | 33.77x |
| HNIs (2-10L) | 13 | 439 | 33.77x |
| Total Applications | 440 | 7,752 | 17.62x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Pramara Promotions Limited IPO is ₹31 per equity share. Based on the upper price band of ₹63 to ₹63 per equity share, the estimated listing price is ₹94 (+49.2% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹31, the expected profit per application lot is approx ₹62,000 (+49.2% gain). Minimum application cost is approx ₹1,26,000.
The Pramara Promotions Limited IPO aggregate issue size is ₹15.27 Crores with an equity price band set at ₹63 to ₹63 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 25.39x (Retail: 17.01x, QIB: 0.00x, NII: 33.77x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-09-08. Investors can verify status using PAN card or application number.
Pramara Promotions Limited shares are scheduled to list on NSE on 2023-09-13.