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PRITIKA IPO

Pritika Engineering Components Limited

IPO Doc

Start Date25-11-2022

Application Timing10am-5pm

Price Range₹29 - ₹29

Min Qty4000

Min. Investment₹116000

Listing DateNA

Close Date30-11-2022

About Pritika Engineering Components Limited

Pritika Engineering Components Private Limited caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers. It is engaged in the business of manufacturing of precision machined components primarily for automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.

he company Company manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.

In FY22, the company manufactured 6619 MT with an installed capacity of 12000 MT. It aims to to be First choice among Original Equipment’s Manufactures for Machined Castings & to be One of the Largest Producers of Machined Castings in India; Mission to Produce 35,000 MT of Machined Castings by Year 2025.

The company was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015. The company intended to get directly listed on the National Stock Exchange of India Limited through Direct Listing, and received its listing approval dated August 10, 2021.

Why To Invest in Pritika Engineering Components Limited

Pritika Engineering Components IPO opens on Nov 25, 2022, and closes on Nov 30, 2022. The issue consists of issuance of 32,48,000 Equity Shares at Rs. 29 aggregating to Rs. 9.42 crores. The lot size is fixed at 4000. The shares will be allotted on 5th December while the issue will be allotted on 8th December. The company is promoted by Pritika Auto Industries Limited.

Strengths And Risks

: Quality standards

: Wide product range and product segments

: Legacy Business Process & Management

: Changes in laws and regulations relating to the sectors/areas in which it operates

: Inability to identify the new premises may adversely affect the operations, finances and profitability of the Company

: Uncertainty regarding the market, land prices, economic conditions and other factors beyond its control

FAQs

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What is the allotment date of Pritika Engineering Components IPO? +

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Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

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Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
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All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
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Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
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For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
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Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors. We do Pro trading.

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