Pramara Promotions Ltd
Price Range
₹63
Min. Quantity
2,000
Closes on
5 September 2023
Min. investment
₹1,26,000/2,000 Shares
Pramara Promotions Ltd IPO Timeline
Pramara Promotions Limited was incorporated in Mumbai, Maharashtra as 'Essel Marketing & Promotions Private Limited', a Private Limited Company pursuant to a Certificate of Incorporation dated on September 01, 2006 issued by the RoC, Mumbai, Maharashtra. Thereafter, the name of Company was changed to 'Pramara Promotions Private Limited' on February 04, 2019. Further, Company was converted to a Public Limited Company, pursuant and the name of the Company was changed to 'Pramara Promotions Limited' and a fresh Certificate of Incorporation upon the conversion of the Company to Public Limited Company dated January 04, 2023 was issued by the Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| Pramara Promotions Ltd IPO Opening Date | 1 September 2023 |
| Pramara Promotions Ltd IPO Closing Date | 5 September 2023 |
| Basis of Allotment | 8 September 2023 |
| Initiation of Refunds | 11 September 2023 |
| Credit of Shares to Demat | 12 September 2023 |
| Pramara Promotions Ltd IPO Listing Date | 13 September 2023 |
Pramara Promotions Ltd IPO Details
| Pramara Promotions Ltd IPO Date | 1 September 2023 to 5 September 2023 |
| Pramara Promotions Ltd IPO Face Value | ₹10 per share |
| Pramara Promotions Ltd IPO Price | ₹63 to ₹0 per share |
| Pramara Promotions Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹15.27 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹15.27 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rohit Lamba, Sheetal Lamba |
Pramara Promotions Ltd IPO Lot Size
The Pramara Promotions Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,26,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,26,000 |
| Maximum | 1 | 2,000 | ₹1,26,000 |
- Strengths
- Risks
- Opportunities
- Established track record;
- strong research and product designing and development capabilities backed by technical expertise;
- cost-efficient operating structure
- Experienced Promoter and Management team;
- Strong relationship with customers.
- Entry barriers;
- focus on high quality control and production standards.
Company Financials
Pramara Promotions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 69.9 | 56.66 | 3.70 |
| 03-2023 | 59.3 | 50.61 | 2.05 |
| 03-2022 | 60.18 | 49.43 | 1.49 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding its working capital requiremens
- General corporate purposes
Pramara Promotions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 86.63% |
| Post Issue Share Holding | 63.39% |
Pramara Promotions Ltd IPO Subscription Status (Bidding Detail)
The Pramara Promotions Ltd IPO is subscribed 24.3078 times on 5 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 24.3078 |
Pramara Promotions Ltd IPO Prospectus
Pramara Promotions Ltd IPO Listing Date
| Listing Date | 13 September 2023 |
| BSE Script | 79229 |
| NSE Symbol | PRAMARA |
| Listing In | NSE - SME |
| ISIN | INE0O7A01017 |
| IPO Price | ₹63 |
| Face Value | ₹10 |
Company Contact Information
A 208 Boomerang Equity Bu.ParkCTS # 4 ETC Chandivali Farm Rd,Mumbai-400072
Phone: 7045032201
Email: investor@pramara.com
Website: https://pramara.com
Pramara Promotions Ltd IPO Registrar
Pramara Promotions Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
FAQ
What is the issue size of Pramara Promotions Ltd IPO?
I have pre-applied for Pramara Promotions Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.