{"id":3576,"date":"2023-09-01T11:48:07","date_gmt":"2023-09-01T06:18:07","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3576"},"modified":"2024-08-26T12:27:27","modified_gmt":"2024-08-26T06:57:27","slug":"ipo-pramara-promotions-limited","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/ipo-pramara-promotions-limited\/","title":{"rendered":"IPO : Pramara Promotions Limited"},"content":{"rendered":"

Pramara Promotions Limited IPO<\/h1>\n

Incorporated in 2006, Pramara Promotions Limited is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media and others.<\/p>\n

\n\n\n\n\n\n\n\n\n\n
\u00a0SYMBOL<\/strong><\/td>\nPRAMARA<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE TYPE<\/strong><\/td>\nFixed Price Issue IPO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE OPENS ON<\/strong><\/td>\nSeptember 01, 2023 (Friday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE CLOSES ON<\/strong><\/td>\nSeptember 05, 2023 (Tuesday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE PRICE<\/strong><\/td>\nRs.63 per share<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE SIZE<\/strong><\/td>\nUp to Rs.15.27 Crores<\/strong><\/td>\n<\/tr>\n
\u00a0FACE VALUE<\/strong><\/td>\nRs.10 per share<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The company offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions and more. The company also manufacture the products under an OEM arrangement, where& the company manufactures products such as water bottles, pens, etc. which are branded with the company’s logo or design and used as promotional merchandise.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0MINIMUM BID<\/strong><\/td>\n2000 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MINIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,26,000<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM BID<\/strong><\/td>\n2000 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,26,000<\/strong><\/td>\n<\/tr>\n
\u00a0PROMOTER HOLDING<\/strong><\/td>\n69.81% (Post-issue)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING DATE<\/strong><\/td>\nSeptember 13,2023 (Wednesday)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING AT<\/strong><\/td>\nNSE-SME<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Pramara has designed and manufactured around 5000 products. The company has also expanded its product offerings by launching the brands “Toyworks” and;”Tribeyoung”.<\/p>\n

Pramara undertake a part of\u00a0the manufacturing activities through its third-party manufacturing partner.\u00a0As of July 31, 2023, the company’s overall staff strength is 83 employees.<\/p>\n

Competitive Strength:<\/strong><\/div>\n