Pritika Engineering Components Limited is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.
The Pritika Engineering Components IPO issue consists of fresh issue aggregating up to Rs. 9.42 Cr
The objective of Pritika Engineering Components IPO The Company proposes to utilize the funds which are being raised through this Issue ("Net Proceeds") towards the following object: a) Investment in relation to the new unit set up by the wholly owned subsidiary, Meeta Castings Limited (MCL); b) General Corporate purposes
Pritika Engineering Components IPO issue opens on 25th November and closes on 30th November.
The price of the Pritika Engineering Components IPO is Rs. 29 per share
The Pritika Engineering Components IPO lot size is 4000 shares. A retail-individual investor can apply can apply for up to 1 lots (4000 shares or ₹116,000).
The allotment date of the Pritika Engineering Components IPO is 5th December
GYR Capital Advisors Limited is the book running lead manager to the issue.