Pritika Engg Components IPO is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles.
Pritika Engg Components IPO – Overview
| IPO Dates | 25-30 November 2022. |
| IPO Price | INR 29 per share |
| Fresh issue | 3,248,000 shares (INR 9.42 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,248,000 shares (INR 9.42 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Pritika Engg Components IPO -Tentative Dates
| IPO Offer Opening Date | 25 November 2022 |
| IPO Closing Date | 30 November 2022 |
| Finalisation of Basis of Allotment | 5 December 2022 |
| Initiation of refunds | 6 December 2022 |
| Transfer of shares to demat accounts | 7 December 2022 |
| IPO Listing Date | 8December 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Pritika Engg Components Limited is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. The company manufactures various Tractors & Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.
Pritika Engg manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies.
The company was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015.
Pritika Engg Components Limited’s manufacturing unit is located in Punjab. The company’s clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.
The total revenue for the year 2021-22 is Rs 5,739.58 lakhs. Pritika Engg
Competitive Strengths
- Experienced and professional management team.
- Wide product range and product segments.
- Legacy Business Process & Management.
- Strong & experienced R&D team.
Components Limited is a wholly owned subsidiary of Pritika Auto Industries Limited.
Objects of the Issue
- Expansion of Business.
- General Corporate Purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 7107.36 | 5594.29 | 4134.38 |
| Total Revenue | 5739.58 | 3244.36 | 2172.4 |
| Profit After Tax | 546.17 | 38.18 | 13.75 |
Company Contact Information
Pritika Engg Components Limited
Plot No. C-94,
Phase-VII Industrial Focal Point,
S.A.S Nagar, Mohali, Punjab 160055
Phone: +91 9878723399
Email: compliance.pecl@pritikagroup.com
Website: http://www.pritikaEngg.com/index.html
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: pritikaEngg.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
