Pramara Promotions is coming up with an IPO worth INR 15.27 crores. The issue consists of fresh issue of 24,24,000 shares by the company. The company plans to utilise the funds to meet the working capital requirement.
Pramara Promotions IPO – Important Details
| Pramara Promotions IPO Date | 1st September- 5Th September 2023 |
| Pramara Promotions IPO Listing Date | 13th September 2023 |
| Pramara Promotions IPO Price | INR 63 |
| Pramara Promotions IPO Lot Size | 2000Shares |
| Pramara Promotions IPO Total Issue Size | INR 15.27 crores |
| Pramara Promotions IPO Basis of Allotment | 8Th September 2023 |
| Pramara Promotions IPO Initiation of Refunds | 11Th September 2023 |
| Pramara Promotions IPO Credit of Shares to Demat | 12Th September 2023 |
| Pramara Promotions IPO Issue Type | Fixed Price Issue |
| Pramara Promotions IPO Listing At | NSE SME |
Pramara Promotions Limited IPO – Company Profile
The company is engaged in the business of ideation, conceptualization, designing and manufacturing and marketing of promotional products and gift items of its clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others.
The company helps its clients in promoting their products and services to their customers and Pramara believe that they play a vital role in the brand promotion and sales.
The company believes we offer the largest portfolio of corporate gifting items and promotional products across categories like plastic, steel ware, silicon rubber, paper printed, glassware, toys of all kinds, tin products, apparel and accessories, etc. Since inception, the company have designed and manufactured around 5000 products.
Pramara Promotions Limited IPO Objective
Pramara Promotions Limited’s IPO aims to support growth by funding its working capital needs (INR 9.75 crores) and for general corporate purposes, including technology advancement and business expansion.
- Funding working capital requirement: The Company’s business is working capital intensive and the Company avails majority of its working capital requirement in the ordinary course of its business from its internal accruals and through working capital facilities/loans from Banks. The Company has availed working capital limits/term loans from banks The company plans to utilise INR 9.75 crores for the said purpose.
- General corporate purpose: The company plans to deploy the balance funds towards general corporate purpose which is not limited to meeting expenses incurred in ordinary course of business such as strategic initiatives including advancement of information technology, meeting future branch and business expansion,etc
Pramara Promotions Limited IPO Risks And Challenges
Pramara Promotions Limited’s IPO faces challenges, including raw material price dependence, outstanding legal proceedings, and high customer concentration. These factors can impact sales, profitability, and financial stability.
- The price, at which we are able to obtain the raw material for manufacture of the finished products depend largely on prevailing market prices. Increase in costs of the raw materials could have a material adverse effect on our Company’s sales, profitability and results of operations.
- There are outstanding legal proceedings involving the Company, its Promoters and its Directors. If a significant portion of these liabilities materialize, it could have an adverse effect on the business, financial condition, results of operations and cash flows.
3. Our top ten customers contributed 73.30% of the revenue as on 31.03.2023. The loss of any of our major customer due to any adverse development or significant reduction in business.
Pramara Promotions IPO Peer Comparison
There are no listed companies in India that is engaged in a business similar to that of our Company. Accordingly, it is not possible to provide an industry comparison.
Pramara Promotions Limited IPO Financial Information
| Particular | As at 31 March 2021 | As at 31 March 2022 | As at 31 March 2023 |
| Revenue (₹ in lakhs) | 4078.31 | 4915.58 | 5006.28 |
| Equity (₹ in lakhs) | 1,235.43 | 1,373.96 | 1,605.29 |
| Expenses (₹ in lakhs) | 4038.38 | 4748.03 | 4860.81 |
| Profit and Loss After Tax (₹ in lakhs) | 33.18 | 134.57 | 222.59 |
| RoNW (%) | 2.69% | 9.79% | 13.87% |
| Diluted EPS only (₹) | 0.50 | 2.04 | 3.37 |
| NAV per Equity Share (₹) | 18.69 | 20.78 | 24.28 |
| Total Assets (in lakhs) | 4922.67 | 6194.55 | 6139.22 |
| Total Liabilities (in lakhs) | 3,317.38 | 4,820.59 | 4,533.93 |
Pramara Promotions Limited IPO – Fundamental Analysis
Revenue Growth:
Pramara Promotions has shown consistent revenue growth, increasing from ₹4,078.31 lakhs in 2021 to ₹5,006.28 lakhs in 2023, indicating positive momentum.
Profitability:
The company has significantly improved profitability, with a profit of ₹222.59 lakhs in 2023, up from ₹33.18 lakhs in 2021, reflecting enhanced operational efficiency.
Return on Net Worth (RoNW):
The RoNW has steadily increased, reaching 13.87% in 2023, indicating improved utilization of net worth.
Earnings Per Share (EPS):
The diluted EPS has experienced substantial growth, reaching ₹3.37 in 2023, signifying improved earnings per share.
Asset and Liability Management:
Total assets have increased over the years, reflecting growth, while total liabilities have also shown an upward trend, indicating balanced financial structure.
Summary:
Pramara Promotions’ IPO demonstrates positive revenue growth, significantly improved profitability, and strong RoNW. These financial indicators suggest a well-managed company. However, potential investors should consider other factors and market conditions before making investment decisions.
Pramara Promotions Limited IPO – Industry & Market Potential
Introducing physical activity and educational toys at an early stage of a child’s development enhances their senses, imagination, and social skills. This, in confluence with the rising concerns among parents about thesocial and emotional development of their child, represents one of the key factors impelling the market growth.
The global toys market reached a value of US$ 156.5 Billion in 2021. Looking forward, the market is expected to reach a value of US$ 249.6 Billion by 2027 exhibiting a CAGR of 7.50% during 2022-2027.
The Indian toys market size reached US$ 1.5 Billion in 2022. Looking forward, the market is expected to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028.
Pramara Promotions Limited IPO – Type of Offer
Pramara Promotions is coming up with an IPO worth INR 15.27 crores. The issue consists of a fresh issue of 24,24,000 shares by the company. The Company plans to meet its future working capital requirement with the funds raised.
Pramara Promotions Limited IPO Offer Size
Parmara Promotions is coming up with an IPO consisting of fresh issue of 24,24,000 shares at INR 63 each. The total issue size is INR 15.27 crores.
Pramara Promotions Limited IPO Allotment Structure
Pramara Promotions Limited’s IPO allotment structure designates Retail Individual Investors to apply for up to 2,000 shares within a 2 lakh INR limit. Others can apply for 2,000 shares or more, and Market Makers receive 1,24,000 shares due to firm allotment.
Retail Individual Investors (RII): Multiples of 2000 shares such that the application value does not exceed INR 2 lakhs. These individual investors apply for shares with a total value of less than Rs. 2 lakhs.
Other than retail individual investors: Multiples of 2000 shares such that the application value exceeds INR 2 lakhs .
Market Maker Reservation:Application size shall be 1,24,000 equity shares since there is firm allotment.
How to apply for a Pramara Promotions IPO?
To apply for the Pramara Promotions IPO through Alice Blue, you would typically follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you would need to open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Pramara Promotions IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for Pramara Promotions IPO at Alice Blue in just a few clicks!
Check Allotment Status: Post the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How to Check Pramara Promotions IPO Allotment Status on Alice Blue?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Pramara Promotions IPO : If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Pramara Promotions IPO .
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended to contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Pramara Promotions IPO :
● Registrar’s Website: Visit the website of Bigshare Services Private Limited, the registrar of the Pramara Promotions IPO . On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN and application number or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME:: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) SME’s website. You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after the allotment process has been completed, a few days after the IPO window closes.
Pramara Promotions IPO Offer Registrar
The registrar for the Pramara Promotions IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Bigshare Services Private Limited
Office No. S6 – 2, 6th Floor, Pinnacle Business Park,
Mahakali Cave Road, Andheri – [East], Mumbai – 400093,
Phone: 022 – 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Pramara Promotions IPO FAQs
What is the allotment date of the Pramara Promotions IPO ?
The allotment date is 8th September 2023.
What is the price band of Pramara Promotions IPO ?
The company is issuing 24,24,000 shares at INR 63 each.
What is the size of the Pramara Promotions IPO ?
Pramara Promotions is coming up with an IPO worth INR 15.27 crores. The issue consists of fresh issue of 24,24,000 shares by the company. The company plans to utilise the funds to meet the working capital requirement.
What is the listing date of the Pramara Promotions IPO ?
The listing date is 13 th of September 2023.
