The Pristine Logistics and Infraprojects Limited, IPO is a combination of fresh shares up to Rs 250 crore and an offer for sale of over two crore equities from the company’s proprietors, according to a prospectus filed by Pristine Logistics and Infraprojects Limited.
The company is one of India’s top multi-modal logistics players. The company is a logistics infrastructure and services provider, especially on India’s eastern and western coasts, providing synergetic logistics infrastructure and services throughout the range of non-container, container, rail transportation, and road transportation services. Pristine Logistics owns five logistic parks, including rail-linked parks with PFTs, ICDs, and one dry port run by subsidiaries.
Pristine Logistics and Infraprojects Ltd Objective
- According to the IPO prospectus, the company intends to utilise the net proceeds from the new shares to invest in subsidiaries and repay and pre-pay certain market borrowings.
Pristine Logistics and Infraprojects IPO Financials
| Particulars | FY21 | FY20 | FY19 |
|---|---|---|---|
| Revenue From Operation | 5,569.33 | 4,692.74 | 3,650.77 |
| EBITDA | 1,022.00 | 475.58 | 440.18 |
| EBITDA Margin (%) | 18.35 | 10.13 | 12.06 |
| Profit After Tax | 48.26 | 85.01 | 114.03 |
| EPS | 1.62 | 1.65 | 2.03 |
| ROE | NA | NA | NA |
Why should you invest in the Pristine Logistics and Infraprojects Ltd Initial Public Offering?
Here are our top reasons.
- Through comprehensive logistics services, the company has established long-term partnerships with its customers and partners.
- The corporation deals with a variety of items, including agri-commodities, leather, meat, textiles, and auto parts.
- They have a strong track record of providing integrated rail transit for thirteen years.
Know before investing
Strengths
- The brand’s strength is a customer-centric approach to offering integrated logistics infrastructure and service solutions.
- They are backed by marquee investors like UTI Capital Private Limited and CDC.
- Their skilled and experienced management and relevant industry experience can make their offer attractive to investors.
Risks
- Under-construction projects can lead to cost overruns or delays, which might impact the company’s financial performance.
- Failing to meet stringent environmental guidelines can adversely impact the company’s future cash flow.
- The company may fail in its acquisition venture of Sical Logistics Limited, which can impact its future business plans.
Pristine Logistics and Infraprojects Ltd Peer Comparison
| Company Name | Revenue from Operation in FY21 (in Rs million) | P/E | EPS |
|---|---|---|---|
| Pristine Logistics and Infraprojects Ltd. | 5,569.33 | NA | 1.62 |
| Container Corporation of India Limited | 64,270.80 | 83.16 | 8.22 |
| Gateway Distriparks Limited | 11,793.52 | 16.58 | 9.65 |
Pristine Logistics and Infraprojects IPO FAQs
Q1. What is Pristine Logistics and Infraprojects Ltd. IPO?
Ans. Pristine Logistics IPO is a mixed offer of new shares worth Rs 250 crore and offer for sale of upto 2 crore equity shares from promoters.
Q2. When will Pristine Logistics and Infraprojects Ltd. IPO allotment be available?
Ans. Details not available.
Q3. What will be Pristine Logistics and Infraprojects Ltd. IPO lot size?
Ans. Details not available.
Q4. When will Pristine Logistics and Infraprojects Ltd. IPO open for subscription?
Ans. Details not available.
Q5. What minimum lot size can retail investors subscribe to?
Ans. Retail investors can apply for a minimum of one lot.
Q6. When will Pristine Logistics and Infraprojects Ltd. list on exchanges?
Ans. It usually takes ten working days from the last day of subscription to list the IPO on the bourses. The date if not yet available.
Q7. What would be the listing gains on Pristine Logistics and Infraprojects Ltd. IPO?
Ans. Listing gain is the difference between the IPO’s opening and offer prices. The listing gain results from changing investors’ interests, global parameters, and short vs long-term outlooks.
Q8. I have finished the application process for Pristine Logistics and Infraprojects Ltd. IPO, but the funds are not yet debited. What is the reason?
Ans. The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
Q9. How to approve the UPI mandate request for Pristine Logistics and Infraprojects Ltd. IPO?
Ans. Login to your UPI handle and approve the payment mandate to complete the IPO application process.
Q10. Can I submit more than one application for the public issue of Pristine Logistics and Infraprojects Ltd. using one PAN?
Ans. You can submit only one application using one PAN card.
Q11. What is the minimum order quantity for Pristine Logistics and Infraprojects Ltd. IPO?
Ans. The minimum size of the application will be one lot.
