Listing Details
- Listing Exchange NSE SME
- Listing Date 13-Sep-23
- IPO Price Range ₹ 63
- Listing Price ₹ 111
- Listing Change 76.2%
- Last Traded Price ₹ 122.85
- Current Change 95.0%
Pramara Promotions IPO Details
- Open Date 01-Sep-23
- Close Date 05-Sep-23
- Lot Size 2000
- IPO Size ₹ 15.27 Cr
- IPO Price Range ₹ 63
- Min Investment ₹ 126,000
- Listing Exchange NSE SME
- Basis of Allotment 08-Sep-23
- Refunds 11-Sep-23
- Credit to Demat Account 12-Sep-23
- Listing Date 13-Sep-23
Pramara Promotions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 01-Sep-23 | - | 0.07 | 0.88 | 0.43 |
| 04-Sep-23 | - | 0.49 | 3.38 | 1.94 |
| 05-Sep-23 | - | 33.96 | 17.01 | 25.64 |
Pramara Promotions IPO Synopsis
Pramara Promotions Limited IPO is all set to open from 1st September to 5th September 2023. Pramara Promotions operates as a promotional marketing agency. The IPO includes a fresh issue of 24,24,000 shares worth ₹15.27 cr. The share allotment date is 8th September, and the IPO will be listed on 13th September on the stock exchanges. The price is ₹63 per share and the lot size is 2000 shares.
Fedex Securities Private Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Pramara Promotions IPO:
Pramara Promotions Limited plans to utilize the raised capital from the IPO to:
● To meet working capital requirements
● General corporate purpose
About Pramara Promotions
Established in 2006 Pramara Promotions is a promotional marketing agency that specializes in services related to promotional products and gift items, including different phases such as ideation, conceptualization, design, manufacturing, and marketing. These services cater to a diverse clientele spanning across sectors, including FMCG, QSR, pharmaceuticals, both non-alcoholic and alcoholic beverages, cosmetics, telecommunications, media, and more.
Pramara Promotions’ portfolio comprises Cross Promotions, Loyalty and Rewards programs, Corporate Gifting solutions, Toy Retail services, Sweepstakes promotions, and more. Additionally, Pramara manufactures products through an OEM arrangement, producing items like water bottles and pens, all branded with their clients' logos or custom designs, and used as promotional merchandise.
Pramara Promotions has designed and manufactured approximately 5,000 unique products. Furthermore, they have broadened their product range by introducing two distinct brands: "Toyworks" and "Tribeyoung." Toyworks has been launched to help the company expand in the toy retail space. Tribeyoung is an exclusive e-commerce private label that will cover various product offerings like sporting goods, accessories, and toys.
Peer Comparison
There are no listed companies in India that are engaged in a business similar to that of Pramara Promotions.
For More Information:
Webstory on Pramara Promotions IPO
Pramara Promotions IPO GMP
Pramara Promotions Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 50.06 | 49.16 | 40.78 |
| EBITDA | 6.47 | 6.19 | 3.997 |
| PAT | 2.23 | 1.35 | 0.33 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 61.39 | 61.95 | 49.23 |
| Share Capital | 6.61 | 1.20 | 1.20 |
| Total Borrowings | 45.34 | 48.21 | 36.87 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 5.65 | 7.83 | -6.91 |
| Net cash from / (used in) investing activities | 0.20 | -3.37 | -0.059 |
| Net cash flow from / (used in) financing activities | -5.39 | -3.62 | 3.22 |
| Net increase (decrease) in cash and cash equivalents | 0.46 | 0.84 | -3.75 |
Pramara Promotions IPO Key Points
-
Strengths
1. Established track record.
2. Cost-efficient operating structure.
3. Experienced Promoter and Management team.
4. Strong relationship with customers.
5. Entry barriers.
6. Focus on high-quality control and production standards.
-
Risks
1. Negative cash flows in the past.
2. The company can be impacted by its substantial outstanding debt worth ₹14.176 cr.
3. There are outstanding litigations.
4. Prone to pricing pressure from competitors.
5. Can be impacted by the constant change in technologies in the industry.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
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Pramara Promotions IPO FAQs
What is the minimum lot size and investment required for the Pramara Promotions IPO?
The minimum lot size of Pramara Promotions IPO is 2000 shares and the investment required is ₹1,26,000.
What is the price band of Pramara Promotions IPO?
The price band of Pramara Promotions IPO is ₹63 per share.
When does the Pramara Promotions IPO issue open and close?
Pramara Promotions IPO opens from 1st September to 5th September 2023.
What is the size of the Pramara Promotions IPO issue?
The size of Pramara Promotions IPO is ₹15.27 cr.
What is the allotment date of the Pramara Promotions IPO?
The share allotment date of Pramara Promotions IPO is 8th September 2023.
What is the Pramara Promotions IPO listing date?
The Pramara Promotions IPO will be listed on 13th September 2023.
Who are the book runners for the Pramara Promotions IPO?
Fedex Securities Private Limited is the book-running lead manager for Pramara Promotions IPO.
What is the objective of Pramara Promotions IPO?
Pramara Promotions plans to utilize the raised capital from the IPO to:
1. To meet working capital requirements
2. General corporate purpose
How to apply for the Pramara Promotions IPO?
To apply for the Pramara Promotions IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Pramara Promotions Limited IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Details of Pramara Promotions IPO
Contact Information
Pramara Promotions Limited
A - 208, Boomerang Equity Bussi Park,
CTS No. 4 ETC Chandivali Farm Road,
Sakinaka, Andheri East, Mumbai - 400072
Phone:
Email: investor@pramara.com
Website: http://www.pramara.com/
Pramara Promotions IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Pramara Promotions IPO Lead Manager
Fedex Securities Pvt Ltd