IPO Issue Details
Issue Price / Price Band₹63 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size24,24,000 shares (aggregating up to ₹15.27 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 01 Sep 2023
Subscription CloseTue, 05 Sep 2023
Anchor AllotmentThu, 31 Aug 2023
Basis of AllotmentFri, 08 Sep 2023
Initiation of RefundsMon, 11 Sep 2023
Credit of Shares to DematTue, 12 Sep 2023
Listing DateWed, 13 Sep 2023
UPI Mandate Deadline2023-09-05
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 2,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 4,000 shares
EPS (Pre-IPO)₹3.37
P/E Ratio (Post-IPO)25.61x
Net Offer to Public23,00,000 shares (aggregating up to ₹14.49 Cr)
Reserved for Market Maker1,24,000 shares (aggregating up to ₹0.7812 Cr)
Pre-IPO Promoter Holding66,11,000 shares
Post-IPO Promoter Holding90,35,000 shares
About Pramara Promotions Ltd
Incorporated in 2006, Pramara Promotions Limited is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others.The company offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions and more. The company also manufacture the products under an OEM arrangement, where& the company manufactures products such as water bottles, pens, etc. which are branded with the company's logo or design and used as promotional merchandise.Pramara has designed and manufactured around 5000 products. The company has also expanded its product offerings by launching the brands "Toyworks" and;"Tribeyoung".Pramara undertake a part of the manufacturing activities through its third-party manufacturing partner. As of July 31, 2023, the company's overall staff strength is 83 employees.Competitive Strength:Established track record.Strong product designing and development capabilities backed by technical expertise.Cost-efficient operating structure.Experienced Promoter and Management team.Established strong relationships with our customers.High-quality control and production standards.
Objects of the Issue
Pramara Promotions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding our working capital requirements; and
9.75
2
General corporate purposes
3.02
Shareholding & Lock-in
Pre-IPO Promoter Holding
66,11,000 shares
Post-IPO Promoter Holding
90,35,000 shares