Investing in an Initial Public Offering (IPO) may be both exciting and intimidating. It is an opportunity to invest in a promising company’s growth story at an early stage.
Among the number of IPOs on the market, Pristine Logistics IPO is set to make its debut, giving investors a chance to participate in its potential success.
Suppose you are planning to invest in the stock market, opting for a stock market advisory firm for IPO guidance and insights. You can benefit from their invaluable expertise and support in navigating the complexities of the initial public offering process.
Analyzing Pristine Logistics IPO Before Buying
Pristine Group, incorporated in 2008, is one of the country’s leading multimodal integrated logistics players. Typically, the company offers logistics services and infrastructure to the rail transportation network. Let us analyze the company’s financial performance and shareholding pattern.
Financial Performance:
| Particulars | Nine-months ended
December 31, 2021 Amount (in ₹ millions) |
FY 2021
Amount (in ₹ millions) |
FY 2020
Amount (in ₹ millions) |
| Total Income | 5,012.85 | 5,632.72 | 4,743.55 |
| EBITDA | 965.83 | 1,022.00 | 475.58 |
| EBITDA Margin (as percentage) | 19.52 | 18.35 | 10.13 |
Source: DRHP
Shareholding Pattern (as on the date of filing of this Draft Red Herring Prospectus):
| Category of shareholders | Number of shareholders | Number of fully paid up equity shares held | Shareholding as a % of total number of
shares |
| Promoter and Promoter Group | 10 | 21,723,498 | 40.48 |
| Public | 15 | 31,946,010 | 59.52 |
| Non-Promoter Non-Public | – | – | – |
| Shares underlying
Depository receipts |
– | – | – |
| Shares held by employee trusts | – | – | – |
| Total | 25 | 53,669,508 | 100 |
Conducting due diligence on Pristine Logistics IPO can empower you to make wise decisions regarding the offering, both in terms of short-term and long-term growth prospects.
Application Process for Pristine Logistics IPO
Online Application through Brokerage Firm
- Step 1: Choose a reputable brokerage firm that offers services in multiple stock instruments, including IPOs. Research about their number of years in service, clients handled and their other offerings like stock market advisory
- Step 2: If you don’t already have an account with the chosen brokerage firm, you will need to create one. This involves providing your personal information, completing KYC (Know Your Customer) procedures, and linking a bank account for funds transfer.
- Step 3: Once logged into the account, you can navigate to the IPO section, where you can find details about the Pristine Logistics IPO, including the offer price, lot size, and application timeline.
- Step 4: You may enter the desired quantity of shares or investment amount you wish to apply for and submit the applications within its specified time frame. You may also have the option to apply at the cut-off price or specify a bid price.
- Step 5: Upon successful application, you must ensure that you have sufficient funds available in your linked bank account to cover the application amount. The brokerage platform typically facilitates the transfer of funds to the designated escrow account.
Physical Application through ASBA (Application Supported by Blocked Amount)
- Step 1: You can obtain the IPO application forms from designated banks or financial institutions. These forms contain details such as your name, PAN (Permanent Account Number), bid price, and number of shares applied for.
- Step 2: You can fill out the application form accurately, ensuring all required information is provided. You must also specify whether you are applying at the cut-off price or bidding at a particular price.
- Step 3: Once the form is completed, you can submit it along with the necessary documents to the designated bank branch or collection centers specified by the issuer or registrar.
- Step 4: Instead of paying the application amount upfront, you can authorize your bank to block the requisite funds in your linked bank account. This amount is only debited if the investor is allotted shares in the IPO.
- Step 5: After the IPO closes, you will receive a confirmation of your application status. If shares are allotted, the blocked amount is debited from your account, and you become shareholders of Pristine Logistics & Infra Projects Ltd.
Objectives of Pristine Logistics & Infraprojects Ltd IPO
- The objective of Pristine Logistics & Infraprojects Ltd IPO is to raise capital for expanding its operations and fueling its growth trajectory.
- The company aims to utilize the proceeds from the IPO to finance various projects, such as the development of new logistics infrastructure, acquisition of advanced technology, and expanding its geographical footprint.
Conclusion
When considering buying Pristine Logistics & Infra Projects Ltd IPO, it’s essential to conduct thorough research and analysis.
Utilize stock market advisory services to gain insights and guidance from experts in the field. Evaluate the IPO’s pricing, subscription details, and overall market sentiment before making an informed decision.
Remember to always diversify your portfolio across various asset classes, industries and sectors to minimize your portfolio risk. By following these steps and leveraging stock market advisory, you can navigate the IPO process confidently and potentially capitalize on investment opportunities in Pristine Logistics IPO.
