The Pramara Promotions IPO started on September 1, 2023, and ended on September 5, 2023. Shares were allocated on September 8, 2023, and refund processes began on September 11, 2023. On September 12, 2023, the shares were credited to investors demat accounts. Pramara Promotions was officially listed on the stock exchange on September 13, 2023.
During the IPO, Pramara Promotions offered shares at a price range of ₹63 per share, and the lot size was 2000 shares. The total issue size was ₹15.27 crores, with ₹15.27 crores from new shares. The IPO was listed on both the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other, and 50% were set aside for retail investors.
Pramara Promotions IPO Subscription Update Video
Pramara Promotions IPO Subscription Status
The Pramara Promotions IPO on September 5, 2023 was subscribed 25.71 times, with the retail category being subscribed 17.14 times, the other category being subscribed 33.99 times.
| Category | Subscription |
| Other | 33.99x |
| Retail | 17.14x |
| Total | 25.71x |
Pramara Promotions IPO Basic Details
| Company Name | Pramara Promotions Limited |
| Domain of Company | Promotional Marketing Agency |
| IPO Open Date | September 1, 2023 |
| IPO Close Date | September 5, 2023 |
| IPO Allotment Date | September 8, 2023 |
| 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 |
About Pramara Promotions Limited
Founded in 2006, Pramara Promotions Limited operates as 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, non-alcoholic and alcoholic beverages, cosmetics, telecom, media, and more.
The company provides a range of services such as Cross Promotions, Loyalty and Rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions, and more. Additionally, Pramara manufactures products under an OEM arrangement, producing items like water bottles and pens branded with clients’ logos or designs for use as promotional merchandise.
Pramara has an impressive portfolio of approximately 5,000 designed and manufactured products. They’ve also expanded their offerings by introducing the brands “Toyworks” and “Tribeyoung.”
While Pramara handles a portion of its manufacturing in-house, it also collaborates with third-party manufacturing partners. As of July 31, 2023, the company employs a total of 83 staff members.
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Pramara Promotions IPO FAQs
What is the start and end date of Pramara Promotions IPO Subscription?
The Pramara Promotions IPO started on September 1, 2023, and ended on September 5, 2023.
When does Pramara Promotions IPO Subscription open?
The Pramara Promotions IPO open on September 1, 2023.
When does Pramara Promotions IPO Subscription close?
The Pramara Promotions IPO Close on September 5, 2023.
What is the allotment date of Pramara Promotions IPO?
The allotment date for Pramara Promotions IPO is September 8, 2023.
When is the initial refund date of Pramara Promotions IPO?
The initial Refund date for Pramara Promotions IPO is September 11, 2023.
When were the shares credited to investors demat accounts for the Pramara Promotions IPO?
The shares for the Pramara Promotions IPO were credited to investors demat accounts on September 12, 2023.
When will Pramara Promotions IPO be listed on the stock market?
Pramara Promotions IPO stock market will be listed on September 13, 2023 at 10 am.
What was the price range of the Pramara Promotions IPO shares?
The Pramara Promotions IPO shares were offered at a price range of ₹63 per share.
What was the lot size for the Pramara Promotions IPO shares?
The lot size for the Pramara Promotions IPO shares was 2000 shares.
What was the total issue size of the Pramara Promotions IPO?
The total issue size of the Pramara Promotions IPO was ₹15.27 crores.
How were the shares allocated among different types of investors for the Pramara Promotions IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Pramara Promotions IPO listed?
The Pramara Promotions IPO was listed on the NSE SME.
What is the Pramara Promotions IPO Subscription Status?
Pramara Promotions IPO is subscribed 0.43 Times.
