Priti International IPO

Priti International IPOBusiness description - Priti International is primarily engaged in manufacturing and exporting of Handicraft Products. The company also deals in manufacturing of wooden, metal and textile based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. Its products range from solid wooden and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc. The company sells its products in the international market. It exports its products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. Apart from them, it also exports products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.

Promoters of Priti International – Goverdhan Das Lohiya, Priti Lohiya, Ritesh Lohiya, Goverdhan Das Lohiya – HUF and Ritesh Lohiya - HUF
Priti International IPO details
Subscription Dates 11 - 13 June 2018
IPO Price band INR75 per share
Fresh issue 700,800 shares (INR5.26 crore)
Offer for sale Nil
Total IPO size 700,800 shares (INR5.26 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Purchase of plant & machinery and related civil work - INR0.70 crore
  • Working capital requirements - INR2.85 crore
  • General corporate purposes
  • Public issue expenses
Priti International's  financial performance (in INR lakh)
9M FY2018
Total revenue 323.6
Total expenses 302.1
Profit after tax 16.0
Priti International's Contact Details

Priti International Limited
Plot No. F-43
Basni Ist Phase
Jodhpur - 342001

Phone: +91 0291 2435699

Priti International IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.06
Day 2 0.23
Day 3 7.36


Priti International Valuation (For 9M FY2018, not annualized)

Earnings Per Share (EPS): INR3.47

Price/Earnings (P/E) ratio: 21.61

Return on Net Worth (RONW): 3.99%

Net Asset Value (NAV): INR21.13 per share

Registrar of Priti International IPO

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

Phone: +91 22 4043 0200 
+91 22 2847 5201

Priti International IPO Allotment Status

Priti International IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Priti International

IPO Opening Date: 11 June 2018

IPO Closing Date: 13 June 2018

Listing Date: 21 June 2018

Listing Price on NSE SME: INR81 per share (up 8% from IPO price)

Closing Price on NSE SME: INR81.1 per share (up 8.13% from IPO price)

Priti International IPO
Rate this post

Leave a Reply

Your email address will not be published. Required fields are marked *