Pramara Promotions IPO will open for subscription from 01 September 2023. The company aims for an issue size of ₹15.27 Cr through this IPO.
Company Overview
| Full name | Pramara Promotions Limited |
| Sector | Plastic Products |
| Industry | Plastic Products |
| Company Website | http://www.pramara.com/ |
About Company
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. It is one of the few players in the promotional marketing merchandise sector, offering a wide range of innovative promotional products and merchandise to help businesses promote their brand and increase sales.
Since its inception, Pramara Promotions has designed and manufactured around 5,000 products. Services are an integral part of its manufacturing process and are in the nature of ideation, conceptualization, and design which are critical for sales. The company has also expanded its product offerings by launching its own brand “Toyworks” with an aim to foray into the toy retail space. Further, it has also launched “Tribeyoung”, a private label exclusively for e-commerce with a product offering of toys, sporting goods, and accessories.
Its manufacturing facility is spread over approx. 24,000 sq. ft area. The existing manufacturing facility consists of equipment like band sealer machines, flow wrap machines, shrink wrap machines, ultrasonic welding machines, pad printing machines, spray printing machines, and full product assembly. Pramara Promotions also outsources a part of its manufacturing activities to third-party partners.
The Objective of the Issue
- Funding our working capital requirements,
- General corporate purposes.
IPO Timetable
| IPO Opening date | 01 September 2023 |
| IPO Closing | 05 September 2023 |
| Basis of Allotment | 08 September 2023 |
| Initiation Refund | 11 September 2023 |
| Credit to Demat Account | 12 September 2023 |
| Listing Date | 13 September 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹15.27 Cr – 2,424,000 shares |
| Fresh Issue | ₹15.27 Cr – 2,424,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹63 per share |
| Lot size | 2000 Shares |
| Retail Allocation | 50% |
| Listing Exchange | NSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹126,000 |
| Retail (Max) | 1 | 2000 | ₹126,000 |
| HNI (Min) | 2 | 4,000 | ₹252,000 |
Reservation Details
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 40.78 | 49.16 | 50.06 |
| Expenses | 40.38 | 47.48 | 48.61 |
| Net income | 0.33 | 1.35 | 2.23 |
Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.50 | 2.04 | 3.37 |
| PE ratio | – | – | 18.69 |
| RONW (%) | 2.69 | 9.79 | 13.87 |
| NAV | 18.69 | 20.78 | 24.28 |
| ROCE (%) | 11.39 | 15.79 | 15.20 |
| EBITDA (%) | 9.80 | 12.59 | 12.92 |
| Debt/Equity | 2.46 | 2.28 | 2.07 |
Company Promoters
- Rohit Lamba
- Sheetal Lamba
Promoter Holding
| Pre Issue Share Holding | 95.41% |
| Post Issue Share Holding | 69.81% |
Lead Manager(s)
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: mb@fedsec.in
Website: www.fedsec.in
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Details
PRAMARA PROMOTIONS LIMITED
A – 208, Boomerang Equity Bussi Park,
CTS No. 4 ETC Chandivali Farm Road, Sakinaka,
Andheri East, Mumbai – 400072, Maharashtra
Phone: +91 7045032201
E-mail: investor@pramara.com
Website: www.pramara.com
Allotment Status
Pramara Promotions IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
Pramara Promotions IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
