Pristine Logistics & Infraprojects Files Confidential DRHP With SEBI for IPO: Check Key Details
Pristine Logistics & Infraprojects Limited has submitted a confidential Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), marking the first step towards its proposed Initial Public Offering (IPO).
The filing has been made through SEBI's confidential pre-filing route, allowing the company to keep key offer details private during the initial review process.
At this stage, the company has not disclosed the proposed issue size, price band, offer structure, or IPO timeline. These details are expected to be disclosed after SEBI completes its review, and the company publicly files its Red Herring Prospectus (RHP).
Pristine Logistics & Infraprojects IPO - Issue Details
- Issue Type: Book-Built IPO (Confidential Pre-filing)
- Total Issue Size: Yet to be announced
- Fresh Issue: Yet to be announced
- Offer for Sale (OFS): Yet to be announced
- Face Value: Yet to be announced
- Price Band: Yet to be announced
- Proposed Listing: BSE, NSE
- Book Building Lead Managers: Axis Capital Limited, CLSA India Private Limited and SBI Capital Markets Limited
- Registrar: Yet to be announced
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About Pristine Logistics & Infraprojects Limited
Founded in 2008, Pristine Logistics & Infraprojects is an integrated multimodal logistics company with a strong focus on rail-based freight transportation.
The company provides end-to-end logistics solutions by combining rail and road transportation with logistics terminals and warehousing facilities, catering to both domestic and EXIM (Export-Import) cargo movement.
In FY25, Pristine reported revenue of ₹1,426 crore, reflecting a 3% decline compared to the previous year. Despite the drop in revenue, the company's profit increased by 11% year-on-year to approximately ₹19 crore.
Between FY23 and FY25, it expanded its operational terminal network from eight to 12 terminals, while containerised cargo volumes grew from 402,000 TEUs to 506,000 TEUs and non-containerised cargo volumes increased from 1.92 million tonnes to 2.51 million tonnes.
What Lies Ahead for the Pristine Logistics & Infraprojects IPO
SEBI will examine the confidential DRHP and may seek additional information or clarifications before issuing its observations.
Once the review process is complete, Pristine Logistics is expected to publicly file its Red Herring Prospectus (RHP), which will reveal key details such as the issue size, price band, offer structure, and subscription schedule ahead of the IPO launch.
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