Pramara Promotions IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Corporate Solutions - Gifts sector. Fedex Securities Private is the merchant banker of Pramara Promotions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd June 2023.
Pramara Promotions IPO open date is 1st September 2023 and close date is 5th September 2023. IPO Allotment Date is 8th September 2023 and Listing date is 13th September 2023.Pramara Promotions IPO size is Rs 15.27 Cr. crores with IPO price of Rs 63.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Pramara Promotions IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pure Broking Private Limited for Pramara Promotions IPO.
Pramara Promotions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Pramara Promotions IPO, based in Mumbai, operates in the Corporate Solutions - Gifts sector with a focus on Designing, manufacturing and marketing of promotional products and gift items. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Pramara Promotions IPO size is ₹ 15.27 Cr. Crores with fresh issue size of Rs 15.27 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Pramara Promotions IPO is expected to be 8th September 2023, after the finalization of basis of allotment. Investors can check Pramara Promotions IPO allotment status on the registrars website, Bigshare Services Private Limited. Pramara Promotions IPO refund dates are 11th September 2023.
Pramara Promotions IPO is expected to be listed on 13th September 2023.
The upper price band for the Pramara Promotions IPO is set at ₹ 63.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Pramara Promotions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Pramara Promotions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th September 2023. After submission, funds are blocked until the basis of allotment of Pramara Promotions IPO is finalised.
The merchant banker for Pramara Promotions IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Pramara Promotions IPO RHP for further details.
The registrar for Pramara Promotions IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Pramara Promotions IPO through their official website or helpline.
Pramara Promotions IPO was subscribed 25.71 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Pramara Promotions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Pramara Promotions Financial Review Page
Merchant Banker(s) of Pramara Promotions IPO: Fedex Securities Private Limited
Pramara Promotions IPO subscription was 25.71 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Pramara Promotions IPO listed at a listing price of 116.55 against the offer price of 63.00.
The current market price of Pramara Promotions is 144.55.
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