The Pramara Promotions IPO commenced on September 1, 2023, and concluded on September 5, 2023. The allotment of shares took place on September 8, 2023, and the initiation of refunds began on September 11, 2023. The shares were credited to the demat accounts of investors on September 12, 2023. Finally, the listing of Pramara Promotions on the stock exchange occurred on September 13, 2023.
The Pramara Promotions IPO was priced at ₹63 per share, with a lot size of 2000. The total issue size was ₹15.27 crores, comprising a fresh issue of ₹15.27 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Pramara Promotions IPO Basic Details
|Company Name||Pramara Promotions Limited|
|Domain of Company||Promotional Marketing Agency|
|Pramara Promotions IPO GMP Today||₹25|
|Pramara Promotions IPO Listing Gain||39.68%|
|Pramara Promotions IPO Open Date||September 1, 2023|
|Pramara Promotions IPO Close Date||September 5, 2023|
|Pramara Promotions IPO Allotment Date||September 8, 2023|
|Pramara Promotions IPO Listing Date||September 13, 2023|
|Face Value||₹10 per share|
|Price||₹63 per share|
|Lot Size||2000 Shares|
|Issue Size||2,424,000 shares of ₹10|
(aggregating up to ₹15.27 Cr)
|Fresh Issue||2,424,000 shares of ₹10|
(aggregating up to ₹15.27 Cr)
|Issue Type||Fixed Price Issue IPO|
|Listing At||NSE SME|
|Company Promoters||Rohit Lamba And Sheetal Lamba|
Pramara Promotions IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|6 September 2023||₹25||39.68%||–||–|
|5 September 2023||₹25||39.68%||–||–|
|4 September 2023||₹25||39.68%||–||–|
|3 September 2023||₹1||1.59%||–||–|
|2 September 2023||₹1||1.59%||–||–|
|1 September 2023||₹1||1.59%||–||–|
Pramara Promotions IPO Details:
Established in 2006, Pramara Promotions Limited is a promotional marketing agency specializing in ideation, conceptualization, design, manufacturing, and marketing of promotional products and gift items for clients spanning various sectors, including FMCG, QSR, pharma, beverage (both alcoholic and non-alcoholic), cosmetics, telecom, media, and more.
The company offers an array of services, including Cross Promotions, Loyalty and Rewards programs, Corporate Gifting, Toy Retail, Sweepstakes promotions, and more. Pramara also operates under an OEM arrangement, producing items like branded water bottles and pens for use as promotional merchandise, featuring the client’s logo or design.
Pramara has an impressive portfolio of over 5000 designed and manufactured products and has expanded its offerings through the introduction of brands like “Toyworks” and “Tribeyoung.”
To enhance manufacturing capabilities, Pramara collaborates with third-party manufacturing partners. As of July 31, 2023, the company employs a total of 83 staff members
Pramara Promotions IPO More Details Click Here
Pramara Promotions IPO FAQs
When is Pramara Promotions IPO open?
Pramara Promotions IPO will open on 1 September 2023.
When is Pramara Promotions IPO Close?
Pramara Promotions IPO will be closed on 5 September 2023.
What is Pramara Promotions IPO GMP Today?
The Pramara Promotions IPO GMP aka Grey Market Premium is ₹25.
What is Pramara Promotions IPO Kostak Rates Today?
The Pramara Promotions IPO Kostak Rate is ₹000.
What is Pramara Promotions IPO Subject to Sauda Price Today?
The Pramara Promotions IPO subject to sauda rates is ₹000.
Pramara Promotions IPO Expected Returns?
The Pramara Promotions expected return is 39.68%.
How much will be the listing gain in Pramara Promotions IPO?
Pramara Promotions IPO will get listing gain of 39.68%. (Approx.)