What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Pranik Logistics Limited IPO?

Pranik Logistics Limited IPO has received a total subscription of 218.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Pranik Logistics Limited

ListedSME

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

₹4

+5.2%

Est. Listing

₹81

at current GMP

Subscribed

218.10x

overall

Open

10 Oct 2024

14 Oct 2024

Allotment

15 Oct 2024

Refund

16 Oct 2024

Demat Credit

17 Oct 2024

Listing

17 Oct 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

218.10x

Total Demand

QIB Multiplier

35.67x

Institutions & Funds

NII / HNI

744.44x

High Net-Worth

Retail (RII)

97.21x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 218.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	555,200	19,806,400	35.67x
NIB	414,400	308,496,000	744.44x
RETAIL	966,400	93,945,600	97.21x
Total	1,936,000	422,248,000	218.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 120.68x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	638	62,020	97.21x
HNIs (10L +)	4	2,978	744.44x
HNIs (2-10L)	20	14,889	744.44x
Total Applications	662	79,887	120.68x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Pranik Logistics Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Pranik Logistics Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Pranik Logistics Limited IPO is ₹4 per equity share. Based on the upper price band of ₹73 to ₹77 per equity share, the estimated listing price is ₹81 (+5.2% expected listing gain).

What is the expected profit per lot for Pranik Logistics Limited IPO?

With a lot size of 1600 shares and current GMP of ₹4, the expected profit per application lot is approx ₹6,400 (+5.2% gain). Minimum application cost is approx ₹1,23,200.

What is the issue size and price band for Pranik Logistics Limited IPO?

The Pranik Logistics Limited IPO aggregate issue size is ₹22.47 Crores with an equity price band set at ₹73 to ₹77 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,23,200.

How can I check Pranik Logistics Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 218.10x (Retail: 97.21x, QIB: 35.67x, NII: 744.44x). You can track live multiples directly on our dedicated subscription page.

Where and when will Pranik Logistics Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-10-15. Investors can verify status using PAN card or application number.

When is the listing date for Pranik Logistics Limited IPO?

Pranik Logistics Limited shares are scheduled to list on NSE on 2024-10-17.