Prime Customer Services IPO

Prime Customer Services IPO

Prime Customer Services IPO

 

Prime Customer Services IPO

Incorporated in 2007, Prime Customer Services is a multi-services customer focused organization and offers value added services to a whole range of clients spread across various business segments. The company is engaged in the business of providing services; namely, warehousing solutions, cold storage and ripening solutions, manpower solutions and packaging solutions. It is also engaged in trading of perishable food items, mainly fruits and vegetables in the domestic as well as export markets. Prime Customer Services’ customers are primarily located in the western India, majorly Gujarat and Maharashtra. The company started exporting fruits and vegetables in the year 2015-16, currently to U.A.E.

Started with an idea to deliver fruits and vegetables at customer door steps with a small warehouse and a designer mobile van shop in the year 2007, the Company has reached a stage where it has entered into tie-up with large corporate from procurement of fruits and vegetables and operate a warehouse facility, cold storage & ripening chambers of approximately 10,180 sq. ft. totally and managing clients’ warehouse and cold storage facilities of approximately 2,55,700 sq. ft. currently.

Promoters of Prime Customer Services – Jinen Ghelani, Hiren Ghelani and NH Time Investments Research Pvt. Ltd. 

Prime Customer Services IPO details

Subscription Dates 20 - 23 Mar 2017
IPO Price band INR60 per share
Fresh issue 1,214,000 shares (INR7.28 crore)
Offer for sale Nil
Total IPO size 1,214,000 shares (INR7.28 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

 

Prime Customer Services financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue 7.47 10.69 17.48 19.62 21.05 13.92
Total expenses 7.29 10.39 17.33 19.50 20.65 13.56
Profit after tax 0.13 0.06 0.10 0.08 0.27 0.25

Prime Customer Services IPO Subscription Details

Day Subscription (no. of times)
Day 1 0.10
Day 2  0.43
Day 3  0.55
Day 4  1.30

Prime Customer Services Contact Details

Prime Customer Services Limited
41/6, 8/A Haji Pir Kirvani Dargah
Nr. Marwari Chal, Ahmedabad - 380 022

Phone: +91 79 2532 0300
Email: [email protected]
Website: www.primecustomer.co.in

Registrar of Prime Customer Services IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax:
+91 22 2847 5201
Email:
[email protected]
Website: www.bigshareonline.com

Prime Customer Services IPO Allotment Status

Prime Customer Services IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.

LISTING PERFORMANCE OF Prime Customer Services IPO

IPO Opening Date: 20 March 2017

IPO Closing Date: 23 March 2017

Finalisation of Basis of Allotment: 28 March 2017

Initiation of refunds: 29 March 2017

Transfer of shares to demat accounts: 30 March 2017

Listing Date: 31 March 2017

Listing Price on BSE SME: INR60.1 per share (return of 1.8% on IPO price)

Closing Price on BSE SME: INR60.05 per share (unchanged from IPO price)

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