
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
Overall Subscription
156.38x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,624,138 | — | 0.00x |
| Non-Institutional (NII / HNI) | 487,241 | — | 0.00x |
| Retail Individual (RII) | 1,136,897 | — | 0.00x |
| Total | 3,248,276 | 0 | 156.38x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 284 | 44,412 | 156.38x |
| HNIs (10L +) | 2 | 313 | 156.50x |
| HNIs (2-10L) | 9 | 1,407 | 156.33x |
| Total Applications | 295 | 46,132 | 156.38x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Pritika Engineering Components Limited IPO is ₹13 per equity share. Based on the upper price band of ₹29 to ₹29 per equity share, the estimated listing price is ₹42 (+44.8% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹13, the expected profit per application lot is approx ₹52,000 (+44.8% gain). Minimum application cost is approx ₹1,16,000.
The Pritika Engineering Components Limited IPO aggregate issue size is ₹9.42 Crores with an equity price band set at ₹29 to ₹29 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,16,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 156.38x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-12-05. Investors can verify status using PAN card or application number.
Pritika Engineering Components Limited shares are scheduled to list on NSE on 2022-12-08.