Pramara Promotions IPO

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 namePramara Promotions Limited
SectorPlastic Products
IndustryPlastic Products
Company Website

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 date01 September 2023
IPO Closing05 September 2023
Basis of Allotment08 September 2023
Initiation Refund11 September 2023
Credit to Demat Account12 September 2023
Listing Date13 September 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹15.27 Cr – 2,424,000 shares
Fresh Issue₹15.27 Cr – 2,424,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹63 per share
Lot size2000 Shares
Retail Allocation50%
Listing ExchangeNSE SME

IPO Lot Size

Retail (Min)12000₹126,000
Retail (Max)12000₹126,000
HNI (Min)24,000₹252,000

Reservation Details

Other Shares Offered50%
Retail Shares Offered50%

Financial Performance

 FY 2021FY 2022FY 2023
Net income0.331.352.23
(Amount in ₹ Crores)

Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio18.69
RONW (%)2.699.7913.87
ROCE (%)11.3915.7915.20
EBITDA (%)9.8012.5912.92

Company Promoters

  • Rohit Lamba
  • Sheetal Lamba

Promoter Holding

Pre Issue Share Holding95.41%
Post Issue Share Holding69.81%

Lead Manager(s)

B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249

IPO Registrar

S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200

Contact Details

A – 208, Boomerang Equity Bussi Park,
CTS No. 4 ETC Chandivali Farm Road, Sakinaka,
Andheri East, Mumbai – 400072, Maharashtra
Phone: +91 7045032201

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

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