Pritika Engineering IPO GMP, Date, Price, Review, Allotment – IPO Watch

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Pritika Engineering IPO Date is fixed, the IPO will opened on November 25 and will close on November 30, 2022. Pritika Engineering is a NSE SME IPO to raise 9.42 crore rupees via OPI. Pritika Engineering’s IPO price band is set at ₹29 with a lot of market 4000 shares.

Pritika Engineering Components Limited is a unit of the Pritika Group of Industries engaged in the manufacture of precision machined components for the tractor and automotive industry. Its products are used by tractors, trucks and other commercial vehicles. The company manufactures customized products for the automotive industry that can be used for tractors, commercial vehicles and other construction equipment, etc.

Pritika Engineering Components Ltd is a leading producer of rear axle housing castings, machined front axle support, machined lift housing, gear housing castings and wheel hub castings. Its manufacturing facility is located at Hoshiarpur (Punjab), which consists of an integrated foundry/machinery shop. Some of their customers are Ashok Leyland, Eicher, Mahindra, Tafe and Swarajamong others.

Objects of the issue:

  • Investment in relation to the new unit established by the 100% subsidiary, Meeta Castings Limited (MCL).
  • General Objectives of the Society.

Pritika Engineering IPO Review

date GMP Kostak Caught on
November 23 ₹- ₹- ₹-

Pritika Engineering IPO Date and Price Band Details

IPO Open: November 25, 2022
Closing of the IPO: November 30, 2022
IPO Size: Approx ₹9.42 crores 3,248,000 capital shares
Apparent value: ₹10 Per share of capital
IPO Price Range: ₹29 Per share of capital
IPO listing at: NSE SME
Retail Quota: 50% of the net supply
NII quota: 50% of the net supply
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here

Pritika Engineering IPO market lot

The minimum market lot for Pritika Engineering IPO is 4,000 shares with an application amount of ₹116,000.

Minimum IPO Lot Size: Minimum 4000 shares for 1 lot
Minimum amount: 116,000 R$ for 1 lot

Pritika Engineering IPO Dates

The IPO date of Pritika Engineering is 25 November and the closing date of the IPO is 30 November. The IPO award date is December 5th and the IPO could trade on December 8th.

IPO opening date: November 25, 2022
IPO closing date: November 30, 2022
Award basis: December 5, 2022
Refunds: December 6, 2022
Demat Account Credit: December 7, 2022
IPO listing date: December 8, 2022

You can check IPO subscription status i IPO award status on their respective pages.

Pritika Engineering IPO Form

How to apply Pritika Engineering IPO? You can apply for Pritika Engineering IPO through ASBA available in your bank account. Just go to online bank login and apply through your bank account by selecting Pritika Engineering IPO under Invest section. The other option, you can apply for Pritika Engineering IPO by downloading IPO forms through NSE website. Check Pritika Engineering Forms – Click NSE IPO Forms Downloadfill out and submit to your bank or broker.

Financial Report of Pritika Engineering Company

₹ in Crores
course income expense PAT
2020 R$ 21.72 R$ 21.57 ₹0.14
2021 ₹ 32.44 ₹ 31.86 ₹0.38
2022 ₹57.40 ₹51.52 ₹5.46

Pritika Engineering IPO Valuation – FY2022

Check Pritika Engineering IPO valuation details such as Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Equity (RoNW) and Net Asset Value (NAV) details ).

Earnings per share (EPS): ₹ 7.15 per capital share
Price/Earnings P/E ratio: N.A
Return on equity (RoNW): 33.05%
Net asset value (NAV): ₹22.00 per capital share

peer group

  • Nelcast Limited
  • Bhagwati Autocast Limited
  • Pritika Auto Industries Limited

Pritika Engineering IPO Registration

Satellite Corporate Services Private Limited
Telephone: +91-22- 28520461/462
E-mail: [email protected]
Website: http://www.satellitecorporate.com

Pritika Engineering IPO Award Status

Check Pritika Engineering IPO Award Status at Satellite Website URL. Click here

Principal Officers of Pritika Engineering’s IPO

  • GYR Capital Advisors Limited

company address

Pritika Engineering Components Limited
Plot no. C-94,
Industrial focal point Phase VII,
SAS Nagar, Mohali, Punjab 160055
Telephone: +91 9878723399
E-mail: [email protected]
Website: http://www.pritikaengineering.com/index.html

Pritika Engineering IPO FAQs

What is Pritika Engineering IPO?

Pritika Engineering IPO is an IPO for SMEs on NSE. They are going to collect ₹9.42 crores via OPI. The point is at the price of R$ 29 per capital share. The IPO must be listed NSE.

When will Pritika Engineering IPO open?

The IPO will open November 25, 2022 for NII and retail investors.

What is Pritika Engineering IPO Investors Part?

The part of the investors for NII is 50%i Retail is 50%.

How to apply Pritika Engineering IPO?

You can apply for Pritika Engineering IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.

How to apply Pritika Engineering IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Pritika Engineering”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to apply Pritika Engineering IPO through Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Pritika Engineering”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to apply Pritika Engineering IPO using Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Pritika Engineering”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

What is the size of Pritika Engineering’s IPO?

The IPO size of Pritika Engineering is 9.42 crore rupees.

What is Pritika Engineering IPO Price Band?

Pritika Engineering IPO Price Band is ₹29 per capital share.

What is the minimum and maximum lot size of Pritika Engineering IPO?

The IPO offer is 4000 shares with 116,000 R$.

What is the allotment date of Pritika Engineering IPO?

Pritika Engineering IPO allotment date is December 5, 2022.

What is the IPO date of Pritika Engineering?

Pritika Engineering IPO date is December 8, 2022. The IPO to be listed on NSE SME.

Note: Pritika Engineering IPO details are officially announced. IPO Gray Market Premium (Pritika Engineering IPO Premium) is updated on the relevant page. You can consult our Gray market IPO page for daily updates.)

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