NSE SME IPO - Pritika Engineering Components Limited
Pritika Engineering Components Limited is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc. The company manufactures various Tractors & Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.
Pritika Engineering manufactures customized products for tractors, commercial vehicles & other construction equipment, etc which are supplied to Original Equipment Manufacturers (OEMs) directly/through the group companies.
The company was previously listed on Calcutta Stock Exchange and the same was directly listed on the Bombay stock exchange dated October 01, 2015.
Pritika Engineering Components Limited's manufacturing unit is located in Punjab. The company's clients include Ashok Leyland, Eicher, Mahindra, Tafe, and Swaraj, among others.
Pritika Engineering Components IPO is a SME IPO of 3,248,000 equity shares of the face value of ₹10 aggregating up to ₹9.42 Crores. The issue is priced at ₹29 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Nov 25, 2022, and closes on Nov 30, 2022.
Pritika Auto Industries Limited is the company promoter.