Prime Customer Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 576,000 (47%) | — | ₹346 Cr |
| Retail | — | 576,000 (47%) | — | ₹346 Cr |
| Market Maker | — | 62,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,214,000 (100%) | — | ₹7,284 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Long term working capital requirement – 1.68
- Expenditure for General Corporate Purposes – 0.64
Company Overview
Incorporated in 2007, Prime Customer Services Ltd is a multi-services customer focused organization and provides value added services. The company offers end-to-end warehousing solutions including maintaining records, unloading, storage, loading, etc, re-packing and packaging services and skilled, semi-skilled, and unskilled laborers on contract basis as well as operates cold storage and ripening chambers for fruits, vegetables, flowers, and frozen food items.
They are also engages in the trading of perishable food items, primarily fruits and vegetables in the domestic as well as export markets. PCSL’s customers are primarily located in the western India, majorly Gujarat and Maharashtra. The company exports its products to the United Arab Emirates.