
Transportation & Logistics · NSE
Pranik Logistics Limited, established in 2015, is a nationwide logistics service provider in India. They specialize in freight forwarding and transportation, offering services like warehousing, material handling, and cargo movement. Serving industries such as retail, telecom, manufacturing, and pharmaceuticals, the company follows an asset-light model. They own a fleet of 86 commercial vehicles, available for lease if needed, and manage 30 warehouses across the country. As of September 30, 2024, Pranik Logistics had a dedicated team of 625 permanent employees.
Price Band
₹73 – ₹77
Issue Size
₹22.47 Cr
Lot Size
1600 shares
GMP
+5.2%
Est. Listing
₹81
at current GMP
Subscribed
218.10x
overall
Open
10 Oct 2024
Close
14 Oct 2024
Allotment
15 Oct 2024
Refund
16 Oct 2024
Demat Credit
17 Oct 2024
Listing
17 Oct 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹77
Band: ₹73 – ₹77
Estimated Listing Price
₹81
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,23,200
Estimated Profit / Lot
₹6,400
1600 × ₹4
Grey Market Premium trend
+₹4
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹4 | 5.2% | ₹81 |
| 30 Oct 2026 | +₹4 | 5.2% | ₹81 |
| 29 Oct 2026 | +₹4 | 4.7% | ₹81 |
GMP is unofficial market data. Not a guarantee of listing performance.
Pranik Logistics Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹22.47 Crores. The shares are offered at a price band of ₹73 to ₹77 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 1600 shares (approx. ₹1,23,200 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 Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-17, while un-allotted funds or UPI block mandates will be released on 2024-10-16.
The latest grey market premium for Pranik Logistics Limited IPO is ₹4, which indicates an expected listing price of ₹81.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.