Pritika Engineering Components IPO Details

Subscription StatusAllotment StatusListing Date

Pritika Engineering IPO subscription is to open on Nov 25, 2022 and will close on Nov 30, 2022, the price band of the Pritika Engineering IPO is fixed at ₹ 29. Pritika Engineering Components caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers.

Pritika Engineering IPO

About Pritika Engineering

Pritika Engineering Components caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers. Pritika Engineering Components supply the product directly to OEM and through the promoter company Pritika Auto Industries Limited and group company Pritika Industries Limited.

Pritika Engineering Components is engaged in the business of manufacturing of precision machined components primarily for automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.

The company manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.

Objects of the Issue

  • Investment in relation to the new unit set up by the wholly owned subsidiary, Meeta Castings Limited (MCL);
  • General Corporate purposes

Pritika Engineering Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 7,107.36 5,594.29 4,134.38
Total income 5,739.58 3,244.36 2,172.40
Total Expenses 5,152.42 3,186.13 2,157.47
Profit After Tax 546.17 38.18 13.75

Pritika Engineering IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 32,48,000 Equity Shares of ₹ 10 (aggregating up to ₹ 941.92 lakhs).
Issue Open  Date25-Nov-22
Issue Close Date30-Nov-22
Issue TypeFixed Price
IPO Price Band₹ 29
Face Value ₹ 10
Market Lot 4000 Equity Shares and in multiples thereof
Minimum Order Quantity 4000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolPRITIKA
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Pritika Engineering IPO DRHP & RHP

Pritika Engineering IPO DRHP
Pritika Engineering IPO RHP

Pritika Engineering IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum14000₹ 1,16,000
Maximum14000₹ 1,16,000

Pritika Engineering IPO Lead Managers

  • GYR Capital Advisors Private Limited

Pritika Engineering IPO Registrar

Pritika Engineering IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on25-Nov-22
Bid / Offer Closes on30-Nov-22
Finalisation of Basis of Allotment05-Dec-22
Initiation of refunds 06-Dec-22
Credit of the Equity Shares07-Dec-22
Listing Date08-Dec-22

Company Registered Office

Plot No.C-94, Phase-VII,
Industrial Focal Point,
S.A.S Nagar, Mohali,
Punjab-160055
Website: www.pritikaengineering.com

Company Promoters

  • PRITIKA AUTO INDUSTRIES LIMITED

Pritika Engineering IPO – FAQS

What is the Pritika Engineering IPO Price?

The Pritika Engineering IPO price band is 29 per share

When Pritika Engineering IPO will open?

The Pritika Engineering IPO opens on Nov 25, 2022 and closes on Nov 30, 2022

What is the lot size of Pritika Engineering IPO?

The Pritika Engineering IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares

Who is the Registrar for Pritika Engineering IPO?

The Registrar for Pritika Engineering IPO is Link Intime India Private Limited

How to apply in Pritika Engineering IPO through UPI?

Check the step by step process here – Click here

How to apply in Pritika Engineering IPO through Zerodha?

Check the step by step process here – Click here

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