Pramara Promotions Limited IPO : Key Dates

Pramara Promotions Limited IPO is set to launch on 1 September, 2023. The company initiated its business operations in the year 2006. It is a promotional marketing agency. It provides various services such as Conceptualization, ideation, designing – marketing – manufacturing of various gifts for clients etc. Its client base is from various segments like QSR, FMCG, Beverages, Pharma, Cosmetic, Alcoholic and non-alcoholic companies, media, telecom etc. The services are further divided into Loyatyand reward programmes, Cross promotions, Toy retail, corporate gifting, sweepstakes promotions etc. It has currently manufactured and designed more than 5000 products. Its products are also sold under the brand name Tribeyound and Toyworks. The company employs more than 80 people.

Pramara Promotions Limited IPO DETAILS

Pramara Promotions Limited IPO is set to launch on 1 September, 2023. The subscription timeline extends till 5 September, 2023. The size for the IPO is 15.27 Crore Rs. Shares issued through fresh issue mode are worth 15.27 Crore Rs. No shares are issued through offer for sale mode. The lot size is 2000 shares and the price is 63 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Fixed Price issue. The registrar for the company is Purva Sharegistry India Private Limited.

Tabular Description of Pramara Promotions Limited IPO

IPO OPENING DATE	1 September, 2023
CLOSING DATE FOR IPO	5 September, 2023
ISSUE TYPE	Fixed Price Issue
Face Value per share	10 Rs. per share
IPO price band	63 Rs per share
LOT SIZE	2000 shares
MINIMUM ORDER QUANTITY	2000 shares
ISSUE SIZE	15.27 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	15.27 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	13 September, 2023

Pramara Promotions Limited IPO : IMPORTANT DATES

IPO OPENING DATE	1 September, 2023
CLOSING DATE FOR IPO	5 September, 2023
IPO ALLOTMENT DATE	8 September, 2023
REFUNDS	11 September, 2023
DEMAT A/C CREDITED ON	12 September, 2023
IPO LISTING DATE	13 September, 2023

Pramara Promotions Limited IPO begins for subscription from 1 September, 2023. The IPO subscription would continue till 5 September, 2023. The allotment status for the shareholders who applied would come on 8 September, 2023. The refunds for the ones who did not get allotment would be initiated on 11 September, 2023. The DEMAT accounts of shareholders would be credited on 12 September, 2023. The listing of the company would be completed on 13 September 2023.

Pramara Promotions Limited IPO : Lead Managers

The lead managers are :

• Fedex Securities Limited

The minimum lot size for the company is decided at 2000 shares. This holding accounts to 126000 Rs.. The maximum lot size is decided at 4000 shares (HNI). This amounts to 252000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	2000 shares	126000 Rs.
Maximum	4000 shares	252000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
ASSETS	4922	6194	6139
Revenue	4096	4942	5119
PAT	33	134	222

Pramara Promotions Limited had an asset base of 4922 Lakh Rs in the year 2021. This increased to 6194 Lakh Rs in the year 2022. However in the year 2023 the same decreased to 6139 Lakh Rs. The revenue of the company was 4096 Lakh Rs in 2021 which increased to 4942 Lakh Rs in 2022 and 5119 Lakh Rs in 2023. The profit of the firm was 33 Lakh Rs in 2021 which increased to 134 Lakh Rs in 2022 and 222 Lakh Rs in 2023.

PROS

• It provides various services such as Conceptualization, ideation, designing – marketing – manufacturing of various gifts for clients etc.
• Its client base is from various segments like QSR, FMCG, Beverages, Pharma, Cosmetic, Alcoholic and non-alcoholic companies, media, telecom etc.
• The services are further divided into Loyatyand reward programmes, Cross promotions, Toy retail, corporate gifting, sweepstakes promotions etc.
• It has currently manufactured and designed more than 5000 products. Its products are also sold under the brand name Tribeyound and Toyworks.
• The company employs more than 80 people.

CONS

• The company works in a highly competitive segment.

Pramara Promotions Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Pramara Promotions Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.