
Capital Goods / Industrial Manufacturing · NSE
Pritika Engineering Components Private Limited is a manufacturer of precision machined components primarily for the automotive industry, including tractors, trucks, and other commercial vehicles. The company produces a wide range of components such as end covers, cover sealed brakes, differential cases, hydraulic lift covers, front wheel hubs, flywheel housings, rear axle casings, brake housings, and front engine supports, often customized for Original Equipment Manufacturers (OEMs) and supplied directly or through group companies. Incorporated in Punjab, the company serves clients including Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. Previously listed on the Calcutta Stock Exchange, it was directly listed on the Bombay Stock Exchange on October 1, 2015. Pritika Engineering recorded total revenue of Rs 5,739.58 lakhs for FY 2021-22 and is a wholly owned subsidiary of Pritika Auto Industries Limited. The company customizes products for tractors, commercial vehicles, and construction equipment, supplying them directly to Original Equipment Manufacturers (OEMs) or through their group companies. Previously listed on the Calcutta Stock Exchange, Pritika Engineering was officially listed on the Bombay Stock Exchange on October 1, 2015. Their manufacturing unit is based in Punjab, and they serve major clients like Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj. For the financial year 2021-22, their total revenue was ₹5,739.58 lakhs. Pritika Engineering Components is a wholly owned subsidiary of Pritika Auto Industries Limited.
Price Band
₹29
Issue Size
₹9.42 Cr
Lot Size
4000 shares
GMP
+44.8%
Est. Listing
₹42
at current GMP
Subscribed
156.38x
overall
Open
25 Nov 2022
Close
30 Nov 2022
Allotment
5 Dec 2022
Refund
6 Dec 2022
Demat Credit
7 Dec 2022
Listing
8 Dec 2022
Designated Registrar: Link Intime India Private Limited
Allotment Date
5 Dec 2022
Basis finalization
Refunds Initiate
6 Dec 2022
Mandate release
Demat Credit
7 Dec 2022
Shares in demat
Listing Debut
8 Dec 2022
Trading begins
Pritika Engineering Components Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹9.42 Crores. The shares are offered at a price band of ₹29 to ₹29 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 4000 shares (approx. ₹1,16,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-07, while un-allotted funds or UPI block mandates will be released on 2022-12-06.
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.