October 10, 2024 - October 14, 2024

Pranik Logistics IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Pranik Logistics IPO.

Pranik Logistics IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Pranik Logistics IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Pranik Logistics IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is engaged in providing end-to-end logistics services on a Pan India basis. It is primarily operating as a carrying and forwarding agent. The company marked steady growth in its top lines for the reported periods, but a sudden boost in pre-IPO periods from FY24 onwards raises eyebrows and concern over its sustainability as it is operating in a highly competitive and fragmented segment. Based on FY25 annualized super earnings, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds in this fully priced issue for long term. Read detail review...

Pranik Logistics IPO Peer Comparison

Pranik Logistics Limited peer comparison with similar listed entities. (As on March 28, 2024)

Company Name	EPS (Basic)	NAV (per share) (Rs)	RoNW (%)	P/BV Ratio	Financial statements
Pranik Logistics Limited	7.54	21.19	35.56	3.67
S J Logistics (india) Limited	20.03	77.36	20.18	7.61	Consolidated

Notes:

Considering the nature and turnover of the business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
The figures for Pranik Logistics Limited are based on the restated results for the period ending March 31, 2024.
The figures for the peer group are based on Consolidated restated results for the period ended March 31, 2024.
Current Market Price (CMP) is the closing price of the respective scrip as of October 03, 2024.

Pranik Logistics IPO Review by Members

Pranik Logistics IPO Reviews, analysis and views by popular members. Read Pranik Logistics Limited IPO reviews by retail investors to find recommended ipo to buy.

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Pranik Logistics IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	1	0	0
%	50.00	50.00	0.00	0.00

Member	Review
chIPOrgarh (300+ Posts)	May Apply for Long Term at Upper Price Band Pranik's only listed peer (as per RHP) SJ Logistics is currently trading at P/E 61.5. Big value! 1 October 7, 2024 8:17:34 AM
GADDAM REDDY	Apply for Long Term at Cut-off Price - I think they are expanding their business - there Q1 profits is good - if trend continues then it'll cross previous year profit definitely October 14, 2024 10:57:49 AM

Member

Review

chIPOrgarh (300+ Posts)

May Apply for Long Term at Upper Price Band

Pranik's only listed peer (as per RHP) SJ Logistics is currently trading at P/E 61.5. Big value!

October 7, 2024 8:17:34 AM

GADDAM REDDY

Apply for Long Term at Cut-off Price

- I think they are expanding their business
- there Q1 profits is good
- if trend continues then it'll cross previous year profit definitely

October 14, 2024 10:57:49 AM

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